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"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."
"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."
Overall best option: Wise
Wise is our recommended company for sending money to Mexico from EUR.
Of the 20 companies that support EUR to MXN, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 96.7% of Spain to Mexico searches, consistently scoring as one of the best ways to send EUR to MXN.
So for a great mix of cost, speed & features, send Euros to Mexico using Wise.
How to send money from Spain to Mexico
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Mexican Peso from Spain.
- Choose a provider
Select the provider offering the best way to send to Mexico based on your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your Mexican Peso will soon be on their way to Mexico.
Summary of recent searches
Understanding Spain to Mexico money transfers
Comparing providers when sending money from Spain to Mexico is the easiest way to make a transfer at the best price.
We’ve compared 20 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.
Cheapest way to transfer money to Mexico from Spain: Revolut
Of the 20 providers compared, data shows that Revolut is 0.4% cheaper than the second-best option.
The is cost is made up of an average EUR-MXN exchange rate that is 0.14% different to the mid-market rate and an average fee of 0* EUR.
If you want to secure the best rates on a EUR to Mexico transfer, Revolut will result in the most Mexican Peso received.
*The most common fee applied to EUR-MXN by Revolut, based on data from the past six months.
Fastest money transfers to Mexico from Spain: Wise.
Through our research, we found Wise to be the quickest way to send EUR into Mexican Peso in 48.4% of instances. For fast transfers between EUR and MXN, Wise is generally a good option.
Money transfers from Spain to Mexico through Wise have an average fee of 8.37 EUR.
To confirm that Wise was the 'fastest' option we compared 20 money transfer providers for 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.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Mexican Peso to Mexico out of 20 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 21.2604 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 three months, the EUR-MXN mid-market rate has been 21.1623 MXN per Euro. This hit a high of 22.217, and a low of 19.0072.
From the 20 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. Revolut has had an average fee of 0 EUR per transfer over the last 6 months. 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.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to MXN has seen some fluctuation. On average, it stood at 21.1623.
During this period, the highest value recorded was 22.217, while the lowest was 19.0072.
Wise, which is our recommended service to send money online from Spain to Mexico offers an exchange rate that is only 0.01% 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 Revolut 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, Revolut is the cheapest way to send money via a bank transfer. This is of the 20 companies we tested when sending EUR to Mexico.
With an average fee of 0 EUR to send money from Spain to Mexico, Revolut 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
When it comes to sending money with a credit card from Spain to Mexico, Xe is our top choice of the 20 companies offering this service.
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
