Compare Spain to Saint Vincent and the Grenadines money transfers

The exchange rate determines the price you’ll pay for East Caribbean Dollar when sending Euro to Saint Vincent and the Grenadines.

The rate between the Euro and East Caribbean Dollar is currently 2.9329. Wise offers the best exchange from EUR-XCD.

The EUR-XCD exchange rate is always moving.

Sometimes, waiting a day or two can help you get more XCD for the same amount of Euro. Using a forward contract that also allows you to lock in an agreed exchange rate between Spain and Saint Vincent and the Grenadines.

Sending money via a Bank transfer is the recommended option for sending money from Spain to Saint Vincent and the Grenadines.

The company offering the best bank transfer price is Revolut.

This Bank transfer to Saint Vincent and the Grenadines is 0.9% cheaper than the second-best option in the market.

Spain and Saint Vincent and the Grenadines have different regulations and you should ensure any provider you use to send or receive between the countries is regulated.

Our directory of financial regulators worldwide of key regulatory bodies highlights who can aid in keeping your money safe for money transfers between Spain and Saint Vincent and the Grenadines.

Some services between Spain and Saint Vincent and the Grenadines have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in Saint Vincent and the Grenadines as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to Saint Vincent and the Grenadines, use Wise. The combination of rates and fees when sending from Spain to Saint Vincent and the Grenadines is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving Spain, or entering Saint Vincent and the Grenadines. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive East Caribbean Dollar in Saint Vincent and the Grenadines. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from Spain to Saint Vincent and the Grenadines will offer every method for incoming East Caribbean Dollar, so it’s best to check ahead of time.

One of the more common ways to transfer from Spain into East Caribbean Dollar is directly into a bank account. Wise is the best company for bank transfers between Spain and Saint Vincent and the Grenadines.

And if you need cash right away, check if cash pickup is an option for transfers between Spain and Saint Vincent and the Grenadines.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Revolut.

When signing up to and sending Euro to Saint Vincent and the Grenadines, through a money transfer company, you will have to verify your ID.

The precise documents you need will vary and in some cases you will need more than one.

For the most part however, in Spain this will be a government issued ID such as a passport or driver's license. In Saint Vincent and the Grenadines it will be similar, although this should only be needed if you are opening a new account in Saint Vincent and the Grenadines, or collecting in cash. Sending to an existing bank account in Saint Vincent and the Grenadines shouldn’t require any additional ID checks.

Large transactions between Spain and Saint Vincent and the Grenadines, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons Wise has scored so highly for transfers to Saint Vincent and the Grenadines is their easy sign up process in Spain.

When sending large amounts of money between Spain and Saint Vincent and the Grenadines there will potentially be a tax declaration to consider.

Some transfers into East Caribbean Dollar may need to be reported to tax authorities in Saint Vincent and the Grenadines, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Saint Vincent and the Grenadines based on age, income and a few other elements. When in doubt, please contact a tax professional in Spain or Saint Vincent and the Grenadines to discuss your personal circumstances.