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Overall top choice: Moneycorp
Of the 7 money transfer providers we tested and reviewed, Moneycorp was a standout option for its combination of speed and cost.
Over the last six months, Moneycorp appeared in 46.8% of searches for transfers between Dominican Republic and Spain.
When sending money from Dominican Republic to Spain, using Moneycorp in a great option.
How to get the best deal on sending money from Dominican Republic to Spain
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from Dominican Republic to Spain.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Dominican Republic and Spain.
- 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 Dominican Republic to Spain easy
Comparing the different providers offering services between Dominican Republic and Spain, is the best way to send money with confidence.
The 7 providers we've compared ensures you will get the best options for your transfer to Spain from Dominican Republic. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Moneycorp as the best overall, comparing gives you a comprehensive view of all the options for transferring Dominican Peso to Spain.
Cheapest way to send money to Spain from Dominican Republic: Moneycorp
The cost is a combination of an average fee of 0* DOP and an exchange rate for converting Dominican Peso to Euro that is 1.87% different to the mid-market rate.
On average, Moneycorp is 0% cheaper than the second-best option.
We would recommend Moneycorp for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to DOP-EUR by Moneycorp, based on data from the past six months.
Fastest way to transfer money from Dominican Republic to Spain: Moneycorp
Our data shows that Moneycorp came up as the fastest option for sending Dominican Peso into Euro in 47.5% of searches. This makes them well suited to urgent DOP to EUR money transfers.
The average fee for a DOP-Euro transfer through Moneycorp is 0 DOP.
To get the 'fastest' option we compared 7 providers for overall speed of sending money from Dominican Republic to Spain - this includes depositing Dominican Peso, transfer times, withdrawal timeframes in Spain.
When speed matters, Moneycorp is your best choice for sending into Spain from Dominican Republic.
Transfer a large amount of money
Moneycorp is the strongest option for large transfers of the 7 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Dominican Republic to Spain can become expensive through your bank or with the wrong provider.
Our data shows Moneycorp as the best choice for sending large sums of money to Spain from Dominican Republic.
Understanding the cost of moving money from Dominican Republic to Spain
The total cost of sending money to Spain from Dominican Republic, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for DOP-EUR is 0.0155 EUR per Dominican Peso.
Finding a company offering an exchange rate closer to this will mean more Euro for your Dominican Peso.
The average DOP-EUR mid-market rate for the last three months has been 0.0153 EUR per Dominican Peso. This includes a high of 0.0161, and low of 0.0148.
Out of the 7 companies compared, Moneycorp offers the best exchange rates.
The exchange rate you receive on converting DOP to EUR should be the biggest determining cost factor when transferring Dominican Peso to Spain.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Moneycorp, with a fee average of 0 DOP per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Euro eventually received in Spain.
A lower cost of sending from Dominican Republic will result in more money received in Spain.
Getting best exchange rate for sending Dominican Peso to Euro
Timing is essential when tracking the mid-market rate between DOP and EUR. The end exchange rate you secure impacts how much EUR you get for your DOP.
The recent mid-market rate trends are:
Over the past six months, the mid-market rate from DOP to EUR was 0.0153.
During this period, it hit a high of 0.0161, and a low of 0.0148.
Moneycorp, which is our recommended service to send money online from Dominican Republic to Spain offers an exchange rate that is only 1.86% above the mid-market rate.
Want to secure the best DOP-Euro exchange rates?
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Payment methods for Dominican Republic to Spain transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Dominican Republic to Spain.
By opting for a money transfer company such as Moneycorp for transfers from Dominican Republic to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Moneycorp is the cheapest provider for bank transfers from the 7 we tested when sending DOP to Spain.
With an average fee of DOP0 to send money from Dominican Republic to Spain, Moneycorp 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 Dominican Republic to Spain is easy with Wise.
Wise is a market leader in debit card payments for transfers from Dominican Republic to Spain, this is among a total of 7 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Dominican Republic to Spain, Instarem emerges as our top choice of the 7 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 Dominican Republic.
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 Dominican Republic to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send DOP 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
