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How to send money to Mexico from Spain with the best EUR-MXN rate

Find the best deals when you transfer from Spain to Mexico. Get insights on the fastest, cheapest, and providers with the best EUR to MXN exchange rates.

Read on to get the best value, expert information, and analysis on ways to send money to Mexico from Spain.

Transferring the other way? Send MXN from Mexico to Spain instead.
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July 4th, 2025
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Best money transfer companies

Send money from Spain to Mexico

Last updated: Today
Mid-market rate as of 07/04/2025: 1 EUR = 21.947111 MXN
Results below are based on a 7000 EUR search
0 of 16 providers
Sponsored
Wise
Recipient gets (MXN)
$152,527.85
Full transfer details
Visit Wise
$3,507 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (MXN)
$153,222.30
Full transfer details
Visit Xe
$4,201 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Live Rates
Sort by:
Exclusive: Special Rate for 1st Transfer
1
Key Currency
Recipient gets (MXN)
$153,245.70
Full transfer details
Visit Key Currency
$4,225 better than a typical bank*

"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."

Personal account manager
Multi-currency card
Receive to bank account
Exclusive: Special Rate for 1st Transfer
2
Currencyflow
Recipient gets (MXN)
$153,230.34
Full transfer details
Visit Currencyflow
$4,209 better than a typical bank*

"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."

Personal account manager
Multi-currency card
Receive to bank account
Support via email, phone, live chat + WhatsApp
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
3
Xe
Recipient gets (MXN)
$153,222.30
Full transfer details
Visit Xe
$4,201 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Exclusive: First Transfer Deal
4
Regency FX
Recipient gets (MXN)
$153,214.98
Full transfer details
Visit Regency FX
$4,194 better than a typical bank*

"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service
Rate match guarantee (T&Cs apply)
5
TorFx
Recipient gets (MXN)
$153,168.89
Full transfer details
Visit TorFx
$4,148 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
6
CurrencyFair
Recipient gets (MXN)
$153,167.13
Full transfer details
Visit CurrencyFair
$4,146 better than a typical bank*

"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."

Personal account manager
Multi-currency card
Receive to bank account
7
Currencies Direct
Recipient gets (MXN)
$152,740.00
Full transfer details
Visit Currencies Direct
$3,719 better than a typical bank*

"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."

Personal account manager
Multi-currency card
Receive to bank account
8
Wise
Recipient gets (MXN)
$152,527.85
Full transfer details
Visit Wise
$3,507 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
9
OFX
Recipient gets (MXN)
$152,511.80
Full transfer details
Visit OFX
$3,491 better than a typical bank*

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Personal account manager
Multi-currency card
Receive to bank account
10
Profee
Recipient gets (MXN)
$150,596.83
Full transfer details
Visit Profee
$1,576 better than a typical bank*

"Card-to-card transfers can be received in just two minutes."

Personal account manager
Multi-currency card
Receive to bank account or debit card
11
Remitly
Recipient gets (MXN)
$150,010.00
Full transfer details
Visit Remitly
$989 better than a typical bank*

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Revolut
Recipient gets (MXN)
$152,862.55
Not Recommended
These providers aren't as competitive as the others we've reviewed.
  • HSBC
    HSBC
    Recipient gets (MXN)
    $148,424.47
    Not recommended
  • PayPal
    PayPal
    Recipient gets (MXN)
    $141,437.72
    Not recommended
Sponsored
Wise
Recipient gets (MXN)
$152,527.85
Full transfer details
Visit Wise
$3,507 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (MXN)
$153,222.30
Full transfer details
Visit Xe
$4,201 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions

Overall best option: Wise

Wise is our recommended company for sending money to Mexico from EUR.

Of the 16 companies that support EUR to MXN, Wise offered the best combination of cost and speed.

Sending 7,000 EUR to MXN will cost you €50.49 in fees, and you will receive 152,527.85 MXN.

So for a great mix of cost, speed & features, send Euros to Mexico using Wise.

Wise is the top rated company for sending money from Spain (EUR) to Mexico (MXN) - Wise Screenshot

How to send money from Spain to Mexico

Summary of recent searches

Top rated for transfers from Spain to Mexico
Wise
Total number of ES - MX providers
16
Average cheapest fees & rate
Key Currency
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Key Currency
Best for debit card
Wise

Understanding Spain to Mexico money transfers

1
Comparing providers

Comparing providers when sending money from Spain to Mexico is the easiest way to make a transfer at the best price.

We’ve compared 16 providers for sending Euro to Mexico. This ensures you will get the best options for your transfer to Mexico from Spain.

We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Spain to Mexico.

2
Get ahead of the Euro-Mexican Peso exchange rate
3
Choosing the right payment method
4
Financial regulators in Spain and Mexico
5
Consider transfer limits
6
Receiving money in Mexico
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money to Mexico from Spain: Key Currency

Key Currency offers a combination of the lowest fees and best exchange rates - making it the cheapest transfer service for sending Euro to Mexico.

Of the 16 providers compared, data shows that Key Currency is 0.01% cheaper than the second-best option.

The is cost is made up of EUR-MXN exchange rate that is 0.25% different to the mid-market rate and the a of 0 EUR.

If you want to secure the best rates on a EUR to Mexico transfer, Key Currency will result in the most Mexican Peso received.

Key Currency is the cheapest way to send money from Spain (EUR) to Mexico (MXN) - Key Currency Screenshot

Fastest money transfers to Mexico from Spain: Wise.

We tested 16 companies offering transfers from Euro to Mexico and Wise offered the quickest options.

For example, the transfer time for sending €7,000 to Mexico with Wise is within minutes.

But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.

Money transfers from Spain to Mexico through Wise have a fee of 50.49 EUR.

To confirm that Wise was the 'fastest' option we compared 16 money transfer providers for the overall speed of sending money from Spain to Mexico. This was made up of depositing Euro to a money transfer account and transfer times to Mexico.

When sending quickly is a priority, Wise is our recommended choice for sending into Mexico from Spain.

Wise is the fastest way to send money from Spain (EUR) to Mexico (MXN) - Wise Screenshot

Transfer a large amount of money

For transferring bigger sums of money to Mexico from Spain, opt for a provider with a competitive exchange rate and strong account management.

Wise is the best rated company for sending large amounts of Mexican Peso to Mexico out of
16 companies offering the service.

Whether for a property purchase, or for business, sending large amounts of money to Mexico from Spain has the potential to be very expensive.

Wise is our choice for big transfers to EUR because of all round price, speed and management when making large transfers.

Understanding the cost of moving money to Mexico from Spain

The total cost of money transfers to Mexico from Spain, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.

The Mid-Market and Exchange Rates: The current mid-market for EUR-MXN is 21.957 MXN per Euro.

  • Using a transfer company offering an exchange rate closer to this will result in being able to buy more Mexican Peso for your Euros.

  • On average for the last week, the EUR-MXN mid-market rate has been 22.0654 MXN per Euro. This hit a high of 22.1563, and a low of 21.9471.

  • From the 16 companies compared, Wise offers the best exchange rates.

  • The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to MXN.

Fees: Some money transfers between Spain and Mexico will be subject to fees.

Key Currency is the cheapest option overall, charging 0 EUR.

Although you should search for your send amount for actual fees as your scenario may be different.

Amount Received: Money transfer companies will show you the amount of Mexican Peso eventually received in Mexico.

This number should guide you, as a higher amount of money received in Mexico means a better overall cost of sending money from Spain.

How to find the best exchange rate for Euro to Mexican Peso

Timing is essential for sending money between EUR and MXN. The exchange rate you secure impacts how much MXN you get for your EUR.

Mid-market Rate
1 
=
21.957037 
MXN

Let's dive into some interesting recent trends.

  • Over the past week, the exchange rate from EUR to MXN has seen some fluctuation. On average, it stood at 22.0654.

  • During this period, the highest value recorded was 22.1563, while the lowest was 21.9471.

  • Wise, which is our recommended service to send money online from Spain to Mexico offers an exchange rate that is only 0% above the mid-market rate.

Want to secure the best EUR-Mexican Peso 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 Mexico!

Funding your Spain to
Mexico money transfer

  • Bank transfers

    Bank transfers are often the best and easier way to send money from Spain to Mexico.

    By using a money transfer company such as Key Currency for transfers from Spain to Mexico, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank. 


    On average, Key Currency is the cheapest way to send money via a bank transfer. This is of the 16 companies we tested when sending EUR to Mexico.

    With a fee of 0 EUR to send money from Spain to Mexico, Key Currency offers a decent combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Spain to Mexico with a debit or a prepaid card is easy with Wise.


    Wise is a leading money transfer company for debit card payments, and offers transfers from Spain to Mexico.

  • Credit cards

    We recommend avoiding credit card transfers due to high fees, and instead, you should consider a bank transfer or a debit card deposit.

    However, if you do need to use a credit card to fund your transfer, use our comparison tool to get the latest deal.

    Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, we recommend bank transfer or debit card instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Mexico 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 Mexico.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to MXN.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

How much money can be transferred from Spain to Mexico?
Are there any tax implications to sending money from Spain to Mexico?
Can I send money from Spain to Mexico with MoneyTransfers.com?
What are the typical transfer fees for sending Euros to Mexico through various providers?
How long does it take to send money from Spain to Mexico?
What is the best exchange rate I can get for sending money from Spain to Mexico?
Are there any minimum or maximum transfer amounts for sending money from Spain to Mexico?
Can I schedule regular transfers between Spain and Mexico?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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