How to send money to Portugal from Spain: The best & cheapest ways
Sending EUR from Spain to Portugal is quick and easy.
We recommend using Wise's multi-currency account or a neobank such as Revolut or N26.
Both options allow P2P transfers, meaning you can instantly send money between users for free.
Keep reading to learn more about the best, fastest, and cheapest ways to send EUR between Spain and Portugal.
Transferring the other way? Send EUR from Portugal to Spain instead.
"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."
"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."
"Card-to-card transfers can be received in just two minutes."
"Card-to-card transfers can be received in just two minutes."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"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."
"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."
"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."
"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 way: Wise
Wise scored the highest of the 4 money transfer companies supporting EUR to EUR transfers.
For example, sending 7,000 EUR to EUR will cost you €0.95 in fees, and the recipient will get 6,999.05 EUR. The delivery time is en pocos minutos.
For a great mix of cost, speed & features, we suggest trying 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 4 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: Profee
Our data shows, over the past week, that Profee is 0% than the second-best option when sending via a bank transfer.
This measure includes a fee of 0 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 Profee but you can always search for your specific amount.
Fastest money transfers to Portugal from Spain: Wise.
For example, the transfer time for sending €7,000 to Portugal with Wise is en pocos minutos.
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 Portugal through Wise have a fee of 0.95 EUR.
To confirm that Wise was the 'fastest' option we compared 4 money transfer providers for the 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.
The best apps to send EUR to Portugal from Spain
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 4 apps & companies for EUR/EUR transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
App | Rating | Mobile wallet |
|---|---|---|
iOS: 4.8 / 578 reviews Android: 4.7 / 12.3K reviews | Yes (4 currencies) | |
iOS: 4.9 / 2.3M reviews Android: 4.8 / 1.29M reviews | Yes (Remitly One) | |
iOS: 4.8 / 158K reviews Android: 4.8 / 1.52M reviews | Yes (40+ currencies) | |
iOS: 4.9 / 936K reviews Android: 4.8 / 3.64M reviews | Yes (39 currencies) |
Send large sums of money abroad with Currencies Direct
From the 4 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Portugal from Spain.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Euros to Euro.
As such, we recommend Currencies Direct for large Portugal transfers.
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 week, 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 4 companies compared, Profee 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.
Profee 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 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.
In the last week, the mid-market rate from EUR to EUR has fluctuated slightly. On average, it was 1.
Across this 7 days, 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 Profee 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, Profee is the best provider for bank transfers of the 4 we tested when sending EUR to Portugal.
With a fee of EUR0 to send money from Spain to Portugal, Profee 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 4 active money transfer companies on this route.
Credit cards
We recommend avoiding credit card deposits as it usually means taking a cash advance and using it for the deposit. Instead, use a bank transfer or a debit card deposit to save on fees.
If you have to, we to find the best deal for your transfer.
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 and review methodology.
Related transfer routes
Send money from Spain
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Can I send money from Spain to Portugal with MoneyTransfers.com?
What are the typical transfer fees for sending Euros to Portugal through various providers?
How long does it take to send money from Spain to Portugal?
What is the best exchange rate I can get for sending money from Spain to Portugal?
Are there any minimum or maximum transfer amounts for sending money from Spain to Portugal?
Can I schedule regular transfers between Spain and Portugal?
Tools & resources
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