Best recommended: Wise
Of the 9 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
Wise appeared in 100% of Spain to Puerto Rico searches, and was the top rated company supporting EUR to USD transfers.
Make your Spain to Puerto Rico transfer using Wise for the best mix of cost and speed.
How to compare deals on Spain to Puerto Rico money transfers
Considerations when sending from Spain to Puerto Rico
Comparing money transfer companies with services between Spain and Puerto Rico, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 9 providers providing services between Spain and Puerto Rico. This ensures you will get the best options when sending US Dollar to Puerto Rico.
Over the last six months, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to Puerto Rico will provide a specific provider that’s best for transferring money from Spain.
Cheapest way to transfer money from Spain to Puerto Rico: Ria Money Transfer
Data collected over the past six months shows that Ria Money Transfer is -7.8% cheaper than the second-best option.
This includes an average transfer fee of 4* EUR an exchange rate for buying US Dollar with Euros that is 2.8% different to the mid-market rate.
If you want to secure the best rates on transfers from Spain to Puerto Rico, Ria Money Transfer will result in the most US Dollar received.
*The most common fee applied to EUR-USD by Ria Money Transfer, based on data from the past six months.
Fastest money transfers to Puerto Rico from Spain: TransferGo.
Through our research, we found TransferGo to be the quickest way to send EUR into US Dollar in 100% of instances. For fast transfers between EUR and USD, TransferGo is generally a good option.
Money transfers from Spain to Puerto Rico through TransferGo have an average fee of 0 EUR.
To confirm that TransferGo was the 'fastest' option we compared 9 money transfer providers for overall speed of sending money from Spain to Puerto Rico. This was made up of depositing Euro to a money transfer account and transfer times to Puerto Rico.
When sending quickly is a priority, TransferGo is our recommended choice for sending into Puerto Rico from Spain.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 9 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Puerto Rico 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 Puerto Rico from Spain.
Understanding the costs involved when moving money from Spain to Puerto Rico
The total cost of sending money to Puerto Rico from Spain is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for EUR-USD is 1.058 USD per Euro.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Euros.
The EUR-USD mid-market rate over the last three months has seen the Euro worth an average 1.0929 USD. Within this there has been a high of 1.1208, and a low of 1.0679.
From 9 companies compared, Western Union offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to USD.
Fees: When sending money there may be additional fees. Ria Money Transfer offers the lowest fee of the 9 providers tested, averaging 4 EUR per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in Puerto Rico.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Puerto Rico, means a better overall cost of sending money from Spain.
Getting best exchange rate for transferring Euro to US Dollar
When transferring money between EUR and USD, timing can make a huge difference. The exchange rate you secure impacts how much USD 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 USD has fluctuated slightly. On average, it was 1.0929.
Across this six month period, the highest value recorded was 1.1208, while the lowest was 1.0679.
Wise, which is our recommended service to send money online from Spain to Puerto Rico offers an exchange rate that is only 0.1% above the mid-market rate.
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Funding your Spain to Puerto Rico money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Puerto Rico 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 Puerto Rico.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.