"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."
"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."
"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."
Overall top choice: Payoneer
Of the 5 money transfer providers we tested and reviewed, Payoneer was a standout option for its combination of speed and cost.
Over the last six months, Payoneer appeared in 33.3% of searches for transfers between Georgia and Spain.
When sending money from Georgia to Spain, using Payoneer in a great option.
How to compare deals on Georgia to Spain money transfers
Considerations to make sending money from Georgia to Spain easy
Comparing the different providers offering services between Georgia 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 Georgia. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Payoneer as the best overall, comparing gives you a comprehensive view of all the options for transferring Lari to Spain.
Cheapest way to send money to Spain from Georgia: Wise
The cost is a combination of an average fee of 0.95* GEL and an exchange rate for converting Lari 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 GEL-EUR by Wise, based on data from the past six months.
Fastest way to transfer money to Spain from Georgia: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from Georgia into Euro in 50% of occasions. For fast GEL to EUR money transfers, Moneycorp comes highly recommended.
Georgia to Spain transfers with Moneycorp have an average fee of 0 GEL.
To test that Moneycorp was the 'fastest' option we compared 5 providers. With this, we compared overall speed of sending money from Georgia to Spain made up of depositing Laris, to a money transfer account and transfer times to Spain.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into Spain from Georgia.
Transfer a large amount of money
Payoneer 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 Georgia to Spain can become expensive through your bank or with the wrong provider.
Our data shows Payoneer as the best choice for sending large sums of money to Spain from Georgia.
Understanding the cost of transferring money to Spain from Georgia
Fees and exchange rates make up the total cost of sending money from Spain to Spain. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current GEL-EUR mid-market rate is 0.343 EUR per Lari. You will get more Euro for your Laris if you find a provider close to this number.
For context, over the last three months the GEL-EUR mid-market rate has had a high of 0.3483, a low of 0.3323 and averaged 0.3393 EUR per Lari.
Across the 5 companies compared, the best exchange rate is with Moneycorp.
Unless fees are unusually high, the exchange rate you receive on converting GEL to EUR will be the biggest determining factor when working out the cost of transferring Laris to Spain.
Fees: Transfer fees are charged as part of the transfer. Wise at an average of 0.95 GEL per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Euro eventually received in Spain. You can assume that a lower cost of sending from Georgia will result in more money received in Spain.
The best exchange rate for Lari to Euro transfers
When sending money between GEL and EUR getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much EUR you get for your GEL.
Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.
Over the past six months, the mid-market rate from GEL to EUR has been 0.3393.
During this period, there was a high of 0.3483, and 0.3323 being the lowest point.
Payoneer, which is our recommended service to send money online from Georgia to Spain offers an exchange rate with a 0.5% markup against the mid-market rate.
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Payment methods for Georgia 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 Georgia.
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 Georgia to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GEL to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.