"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
Best way to send: Wise
We tested & reviewed 19 money transfer companies offering services between Spain and Japan, and Wise scored highly.
In total, Wise appeared in 100% of Spain to Japan searches, and was the top rated company out of 19 that support transfers into Yen.
So for a great mix of cost, speed & features, make your Spain to Japan transfer using Wise.
How to compare deals on your Spain to Japan transfer
Considerations for money transfers from Spain to Japan
Comparing providers offering services between Spain and Japan, based on your specific needs is the best way to send money with confidence.
Our comparison includes 19 companies that provide the ability to send Euro to Japan.
This ensures you get the best options for transfers to Japan from Spain, based on the amount you want to send.
Cheapest way to send money to Japan from Spain: Revolut
The cost is a combination of an average fee of 0* EUR and an exchange rate for converting Euro to Yen that is 0.1% different to the mid-market rate.
On average, Revolut is 0.3% cheaper than the second-best option.
We would recommend Revolut for low cost, affordable transfers from Yens to Japan.
*The most common fee applied to EUR-JPY by Revolut, based on data from the past six months.
Fastest money transfers to Japan from Spain: Paysend.
Through our research, we found Paysend to be the quickest way to send EUR into Yen in 54.5% of instances. For fast transfers between EUR and JPY, Paysend is generally a good option.
Money transfers from Spain to Japan through Paysend have an average fee of 0 EUR.
To confirm that Paysend was the 'fastest' option we compared 19 money transfer providers for overall speed of sending money from Spain to Japan. This was made up of depositing Euro to a money transfer account and transfer times to Japan.
When sending quickly is a priority, Paysend is our recommended choice for sending into Japan from Spain.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 19 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Japan can become expensive through your bank or with the wrong provider.
Our data shows Wise as the best choice for sending large sums of money to Japan from Spain.
Understanding the cost of moving money from Spain to Japan
The total cost of sending money to Japan from Spain, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for EUR-JPY is 163.704 JPY per Euro.
Finding a company offering an exchange rate closer to this will mean more Yen for your Euro.
The average EUR-JPY mid-market rate for the last three months has been 164.2999 JPY per Euro. This includes a high of 175.2021, and low of 155.7865.
Out of the 19 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting EUR to JPY should be the biggest determining cost factor when transferring Euro to Japan.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Revolut, with a fee average of 0 EUR per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Yen eventually received in Japan.
A lower cost of sending from Spain will result in more money received in Japan.
Getting best exchange rate for transferring Euro to Yen
When transferring money between EUR and JPY, timing can make a huge difference. The exchange rate you secure impacts how much JPY you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the mid-market rate from EUR to JPY has fluctuated slightly. On average, it was 164.2999.
Across this six month period, the highest value recorded was 175.2021, while the lowest was 155.7865.
Wise, which is our recommended service to send money online from Spain to Japan offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best EUR-Yen exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Japan!
Paying for your Spain to Japan money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Japan and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Spain to Japan.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to JPY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.