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Overall top choice: Wise
Of the 5 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 77.8% of searches for transfers between Cuba and Spain.
When sending money from Cuba to Spain, using Wise in a great option.
How to to send from Cuba to Spain in the best way
- Always compare rates
Money transfers to Spain should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Cuba to Spain.
- Choose a provider
Select the provider that offers you the best value on your Peso Convertible & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Spain.
Summary of recent searches
Considerations to make sending money from Cuba to Spain easy
Comparing the different providers offering services between Cuba and Spain, is the best way to send money with confidence.
The 5 providers we've compared ensures you will get the best options for your transfer to Spain from Cuba. 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 Peso Convertible to Spain.
Cheapest way to send money to Spain from Cuba: Wise
The cost is a combination of an average fee of 0.85* CUC and an exchange rate for converting Peso Convertible to Euro that is 0% different to the mid-market rate.
On average, Wise is 0% cheaper than the second-best option.
We would recommend Wise for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to CUC-EUR by Wise, based on data from the past six months.
Fastest money transfers to Spain from Cuba: Wise.
Through our research, we found Wise to be the quickest way to send CUC into Euro in 52.7% of instances. For fast transfers between CUC and EUR, Wise is generally a good option.
Money transfers from Cuba to Spain through Wise have an average fee of 11.66 CUC.
To confirm that Wise was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from Cuba to Spain. This was made up of depositing Peso Convertible to a money transfer account and transfer times to Spain.
When sending quickly is a priority, Wise is our recommended choice for sending into Spain from Cuba.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 5 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Cuba 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 Cuba.
Understanding the costs involved when transferring money from Cuba to Spain
When calculating the costs of money transfers between Cuba and Spain, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the CUC-EUR mid-market rate equals 0.9173 EUR per Peso Convertible.
For reference, the CUC-EUR average mid-market rate for the past three months has been 0.9147 EUR per Peso Convertible, with a high of 0.9354 and a low of 0.8922.
The company offering the best exchange rate is Wise.
Often the CUC-EUR exchange rate you receive is the bigger factor than how much it costs to send Peso Convertibles to Spain.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Instarem, averaging 0.85 CUC over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Euro is the biggest indicator the total cost of sending money from Cuba to Spain. Essentially, the more the recipient receives in Spain, the less it is costing to send from Cuba.
Track the exchange rate for Peso Convertible to Euro
Sending money at the right time between CUC and EUR can make a huge difference to overall cost. The exchange rate impacts how much EUR you get for your CUC.
Over the last six months, the average numbers are:
The exchange rate from CUC to EUR averaged 0.9147 EUR.
The highest value recorded was 0.9354 EUR, while the lowest was 0.8922 EUR.
5 providers currently offer transfers between Cuba and Spain close to this rate
Want to secure the best CUC-Euro exchange rates?
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Payment methods for Cuba to Spain transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Cuba to Spain.
By opting for a money transfer company such as Wise for transfers from Cuba to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 5 we tested when sending CUC to Spain.
With an average fee of CUC68.49 to send money from Cuba to Spain, Wise 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 Cuba to Spain is easy with Wise.
Wise is a market leader in debit card payments for transfers from Cuba to Spain, this is among a total of 5 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Cuba to Spain, Instarem emerges as our top choice of the 5 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 Cuba.
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 Cuba to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CUC 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
