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Overall best way: Wise
Wise scored the highest of the 6 money transfer companies supporting EUR to EUR transfers.
In total, Wise appeared in 100% of Spain to Portugal searches.
For a great mix of cost, speed & features, we advise using Wise for your Spain to Portugal transfer.
How to compare companies offering money transfers from Spain to Portugal
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from Spain to Portugal. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Portugal.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from Spain to your chosen country & currency.
Summary of recent searches
Considerations for money transfers from Spain to Portugal
Comparing providers offering services between Spain and Portugal, based on your specific needs is the best way to send money with confidence.
Our comparison includes 6 companies that provide the ability to send Euro to Portugal.
This ensures you get the best options for transfers to Portugal from Spain, based on the amount you want to send.
Cheapest way to send money from Spain to Portugal: Wise
Our data shows, over the past six months, that Wise is 0% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0.95* EUR and a EUR-EUR exchange rate for international transfers that is 0% different to the mid-market rate.
Securing the best rates on a EUR to Portugal transfer can be done with Wise but you can always search for your specific amount.
*The most common fee applied by Wise when sending EUR-EUR, based on data from the past six months.
Fastest money transfers to Portugal from Spain: Wise.
Through our research, we found Wise to be the quickest way to send EUR into Euro in 61.5% of instances. For fast transfers between EUR and EUR, Wise is generally a good option.
Money transfers from Spain to Portugal through Wise have an average fee of 0.95 EUR.
To confirm that Wise was the 'fastest' option we compared 6 money transfer providers for overall speed of sending money from Spain to Portugal. This was made up of depositing Euro to a money transfer account and transfer times to Portugal.
When sending quickly is a priority, Wise is our recommended choice for sending into Portugal from Spain.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 6 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Portugal 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 Portugal from Spain.
Understanding the cost of moving money to Portugal from Spain
The total cost of money transfers to Portugal 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-EUR is 1 EUR per Euro.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Euro for your Euros.
On average for the last three months, the EUR-EUR mid-market rate has been 1 EUR per Euro. This hit a high of 1, and a low of 1.
From the 6 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 EUR.
Fees: Some money transfers between Spain and Portugal will be subject to fees. Wise has had an average fee of 0.95 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 Euro eventually received in Portugal.
This number should guide you, as a higher amount of money received in Portugal means a better overall cost of sending money from Spain.
Getting best exchange rate for transferring Euro to Euro
When transferring money between EUR and EUR, timing can make a huge difference. The exchange rate you secure impacts how much EUR 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 EUR has fluctuated slightly. On average, it was 1.
Across this six month period, the highest value recorded was 1, while the lowest was 1.
Wise, which is our recommended service to send money online from Spain to Portugal offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best EUR-Euro 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 Portugal!
Payment methods available to fund your Spain to Portugal transfer
Bank transfers
Bank transfers are often the better option for money transfers from Spain to Portugal.
Sending money via a bank transfer with a company such as Wise for transfers from Spain to Portugal allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the best provider for bank transfers of the 6 we tested when sending EUR to Portugal.
With an average fee of EUR0.95 to send money from Spain to Portugal, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to Portugal with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from Spain to Portugal, competing among a total of 6 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Spain to Portugal, Wise emerges as our top choice of the 6 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Portugal 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 Portugal.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
