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Find the best ways to transfer money from Dominican Republic to Spain

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

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

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Moneycorp was the top rated provider from Dominican Republic to Spain

"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%
Moneycorp was the cheapest from Dominican Republic to Spain

"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%
Moneycorp was the fastest from Dominican Republic to Spain

"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%

Overall top choice: Moneycorp

Moneycorp is the best way to transfer Dominican Peso into Euro.

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 52.5% 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

Summary of recent searches

Top rated for transfers from Dominican Republic to Spain
Moneycorp
Total number of DO - ES providers
7
Average cheapest fees & rate
Moneycorp
Average fastest transfer
Moneycorp
Best for bank transfers
Moneycorp
Best for debit card
Instarem
Best for credit card
Wise

Considerations to make sending money from Dominican Republic to Spain easy

1
Compare providers

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.

2
Exchange rates between Dominican Peso-Euro
3
Choose the right payment method
4
Financial regulation in Dominican Republic 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 Dominican Republic: Moneycorp

Of the 7 providers compared, Moneycorp is the cheapest option for sending money over the last six months.

The cost is a combination of an average fee of 0* DOP and an exchange rate for converting Dominican Peso to Euro that is 1.86% 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

Of the 7 companies compared, Moneycorp currently offers the fastest money transfers to Spain from Dominican Republic.

Our data shows that Moneycorp came up as the fastest option for sending Dominican Peso into Euro in 52.5% 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

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

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 0.0159 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 0.0159, 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.

Mid-market Rate
1
= 0.015809 EUR

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 0.0159, 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 1.85% above the mid-market rate.

Want to secure the best DOP-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 Dominican Republic to Spain!

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, Wise 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

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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.