"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."
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
Overall top choice: Wise
Of the 17 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 100% of searches for transfers between Australia and Spain.
When sending money from Australia to Spain, using Wise in a great option.
How to compare deals on Australia to Spain money transfers
Considerations to make sending money from Australia to Spain easy
Comparing the different providers offering services between Australia and Spain, is the best way to send money with confidence.
The 17 providers we've compared ensures you will get the best options for your transfer to Spain from Australia. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Australian Dollar to Spain.
Cheapest way to send money to Spain from Australia: Instarem
The cost is a combination of an average fee of 21.03* AUD and an exchange rate for converting Australian Dollar to Euro that is 0.04% different to the mid-market rate.
On average, Instarem is 0.2% cheaper than the second-best option.
We would recommend Instarem for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to AUD-EUR by Instarem, based on data from the past six months.
Fastest money transfers from Australia to Spain: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from Australia to Euro in 56.4% of instances.
Over the last six months, sending money from Australia to Spain through Wise have an average fee of 14.76 AUD.
Wise was one of 17 money transfer providers we compared for overall speed of sending money from Australia to Spain. This speed test included depositing Australian Dollars to an account and the average timeframe for sending money to Spain.
When fast transfers are a priority, Wise is our best choice for sending from Australia to Spain.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 17 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Australia to Spain 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 Spain from Australia.
Understanding the costs involved when transferring money to Spain from Australia
When calculating the cost of sending money from Australia to Spain, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current AUD-EUR mid-market rate is 0.6021 EUR per Australian Dollar. Finding a provider as close to this number as possible will ensure more Euro for your money.
As a comparison, the AUD-EUR mid-market rate for the past three months has averaged 0.6122 EUR per Australian Dollar, hitting a high of 0.6239 and a low of 0.5963.
Wise is currently offering the best exchange rate on transfers between Australia and Spain.
Often the AUD-EUR exchange rate you receive will be the biggest factor impacting the cost of sending Australian Dollar to Spain.
Fees: Transfer fees are charged on top of a transfer. Instarem currently offers lowest fees, at an average of 21.03 AUD over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Euro is the biggest indicator in the total cost of sending money to Australia from Spain. The higher the total amount received in Spain, the lower the cost of sending from Australia.
Finding the best exchange rate between Australian Dollar and Euro
Getting a strong exchange rate between AUD and EUR is essential. The exchange rate you secure impacts how much EUR you get for your AUD.
It can pay to track rates, and keep on top of currency trends.
Over the past six months, the mid-market rate from AUD to EUR has averaged 0.6122.
In this period there was a high of 0.6239, and a low of 0.5963.
Wise, which is our recommended service to send money online from Australia to Spain offers an exchange rate with a mark up of 0% above the mid-market rate.
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Payment methods for Australia to Spain transfers
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain and Australia.
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 Australia to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send AUD to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.