MoneyTransfers
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Find the best ways to transfer money from Canada to Spain

Compare the best deals on transfers from Canada to Spain. Explore the cheapest, fastest, and most reliable providers with the best CAD to EUR exchange rates.

Read on for the insights and in-depth analysis, and all you need to send money to Spain from Canada.

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Companies for transfers from Canada to Spain

Sponsored - Online

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Sponsored - Managed Service

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.2% - 0.7%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."

Fees
None
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.1% - 0.6%

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.3% - 2.1%

"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.15% - 1.5%

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Fees
None
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.1% - 1.3%

"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
1% - 2%

"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."

Fees
No fees
Transfer Speed
0-5 days
Exchange Rate Markup
0.5% - 1.2%

"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%

"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."

Fees
£/€/$3 - 5
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 2%

"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 3%

"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.5% - 2%

"Send money securely from Canada to 100+ countries worldwide."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.7% - 2%

Overall top choice: Wise

Wise is the best way to transfer Canadian Dollar into Euro.

Of the 19 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 99.1% of searches for transfers between Canada and Spain.

When sending money from Canada to Spain, using Wise in a great option.

Screenshot

How to compare deals on Canada to Spain money transfers

Summary of recent searches

Top rated for transfers from Canada to Spain
Wise
Total number of CA - ES providers
19
Average cheapest fees & rate
Dahabshiil
Average fastest transfer
Ria Money Transfer
Average transfer time
Within minutes
Best for bank transfers
Regency FX
Best for debit card
Xe
Best for credit card
Xe

Considerations to make sending money from Canada to Spain easy

1
Compare providers

Comparing the different providers offering services between Canada and Spain, is the best way to send money with confidence.

The 19 providers we've compared ensures you will get the best options for your transfer to Spain from Canada. 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 Canadian Dollar to Spain.

2
Exchange rates between Canadian Dollar-Euro
3
Choose the right payment method
4
Financial regulation in Canada and Spain
5
Consider transfer limits
6
Receiving money in Spain
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Spain from Canada: Regency FX

Of the 19 providers compared, Regency FX is the cheapest option for sending money over the last six months.

The cost is a combination of an average fee of 0* CAD and an exchange rate for converting Canadian Dollar to Euro that is 0.05% different to the mid-market rate.

On average, Regency FX is 0% cheaper than the second-best option.

We would recommend Regency FX for low cost, affordable transfers from Euros to Spain.

*The most common fee applied to CAD-EUR by Regency FX, based on data from the past six months.

Fastest way to transfer money to Spain from Canada: Ria Money Transfer.

We tested 19 companies offering transfers from Canada to Spain and Ria Money Transfer offered the quickest option.

Ria Money Transfer was the quickest way to send Canadian Dollar to Euro in 50.4% of searches. For fast transfers between CAD and EUR, Ria Money Transfer comes highly recommended.

When using Ria Money Transfer to send money from Canada to Spain you can expect an average fee of 4 CAD. Although we would recommend comparing the amount you want to send.

When testing the 'fastest' options we compared 19 money transfer providers. To test overall speed of sending money from Canada to Spain we included the timeframe for depositing Canadian Dollar to a money transfer account and average transfer times to Spain.

When sending money to Spain from Canada quickly is a priority, Ria Money Transfer is our recommended choice.

Transfer a large amount of money

To transfer large sums of money from Canada to Spain, opt for a provider with a competitive exchange rate and hands on management.

Wise is the strongest option for large transfers of the
19 money transfer companies tested.

Whatever the reason is for the transfer, sending large amounts of money from Canada 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 Canada.

Understanding the cost of money transfers to Spain from Canada

The total cost of sending money to Spain from Canada is a mix of the mid-market, exchange rates and transfer fees.

The Mid-Market and Exchange Rates: The mid-market for CAD-EUR is 0.673 EUR per Canadian Dollar.

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 Euro for your Canadian Dollars.

The CAD-EUR mid-market rate over the last three months has seen the Canadian Dollar worth an average 0.6689 EUR. Within this there has been a high of 0.6877, and a low of 0.6571.

From 19 companies compared, Wise offers the strongest exchange rates.

The biggest factor in the overall cost of sending money is the exchange rate you receive on converting CAD to EUR.

Fees: When sending money there may be additional fees. Dahabshiil offers the lowest fee of the 19 providers tested, averaging 0 CAD per transfer over the last 6 months.

Amount Received: When comparing providers, the best measure is the amount of Euro eventually received in Spain.

This number should allow you to determine if you are getting a good deal. A higher amount of money received in Spain, means a better overall cost of sending money from Canada.

Getting the best exchange rate for Canadian Dollar to Euro

Tracking the mid-market rate can make a huge difference when sending money CAD to EUR. The exchange rate you secure impacts how much EUR you get for your CAD.

Mid-market Rate
1 
=
0.672896 
EUR

Here's some data on recent trends in the mid-market rate.

  • Over the past six months, the interbank rate from CAD to EUR has seen some fluctuation. On average, it has been 0.6689.

  • During this period, the highest value level was 0.6877, with a low of 0.6571.

  • Wise, which is our recommended service to send money online from Canada to Spain offers an exchange rate that is only -0.02% above the mid-market rate.

Want to secure the best CAD-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 Canada to Spain!

Payment methods for Canada to
Spain transfers

  • Bank transfers

    Bank transfers are often the fastest option, and normally the cheapest, for sending money from Canada to Spain.

    By opting for a money transfer company such as Regency FX for transfers from Canada to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    On average, Regency FX is the cheapest provider for bank transfers from the 19 we tested when sending CAD to Spain.

    With an average fee of CAD0 to send money from Canada to Spain, Regency FX offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid card payments

    Using a debit card, or prepaid option, for sending money from Canada to Spain is easy with Wise.


    Wise is a market leader in debit card payments for transfers from Canada to Spain, this is among a total of 19 money transfer companies compared.

  • Credit card transfers

    When it comes to sending money with a credit card from Canada to Spain, emerges as our top choice of the 19 companies offering this service.

    Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Spain and Canada.


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 Canada to Spain.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD 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

How much money can be transferred from Canada to Spain?
Are there any tax implications to sending money from Canada to Spain?
Can I send money from Canada to Spain with MoneyTransfers.com?
What are the typical transfer fees for sending Canadian Dollars to Spain through various providers?
How long does it take to send money from Canada to Spain?
What is the best exchange rate I can get for sending money from Canada to Spain?
Are there any minimum or maximum transfer amounts for sending money from Canada to Spain?
Can I schedule regular transfers between Canada and Spain?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.