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Find the best ways to transfer money from Hong Kong to Spain

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

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

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Overall top choice: Wise

Wise is the best way to transfer Hong Kong Dollar into Euro.

Of the 12 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 60.3% of searches for transfers between Hong Kong and Spain.

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

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How to to send from Hong Kong to Spain in the best way

Summary of recent searches

Top rated for transfers from Hong Kong to Spain
Wise
Total number of HK - ES providers
12
Average cheapest fees & rate
Wise
Average fastest transfer
Airwallex
Average transfer time
Within minutes
Best for bank transfers
Wise
Best for debit card
Wise
Best for credit card
Wise

Considerations to make sending money from Hong Kong to Spain easy

1
Compare providers

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

The 12 providers we've compared ensures you will get the best options for your transfer to Spain from Hong Kong. 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 Hong Kong Dollar to Spain.

2
Exchange rates between Hong Kong Dollar-Euro
3
Choose the right payment method
4
Financial regulation in Hong Kong 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 Hong Kong: Wise

Of the 12 providers compared, Wise is the cheapest option for sending money over the last six months.

The cost is a combination of an average fee of 1.94* HKD and an exchange rate for converting Hong Kong Dollar 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 HKD-EUR by Wise, based on data from the past six months.

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Fastest way to send money to Spain from Hong Kong: Airwallex.

Of the 12 companies offering Hong Kong to Spain, Airwallex is the quickest.

In our comparison, we found Airwallex to be the fastest way to send Hong Kong Dollars to Euro in 44.5% of transfers. For quick transfers between HKD and EUR, Airwallex comes highly recommended.

Sending money from Hong Kong to Spain through Airwallex has an average fee of 0 HKD.

To find the fastest company, we compared 12 money transfer providers for the overall speed of sending money from Hong Kong to Spain. This was made up of depositing Hong Kong Dollar to a money transfer account and transfer times to Spain.

When looking for the fastest money transfer, Airwallex is our best choice for sending into Spain from Hong Kong.

Transfer a large amount of money

To transfer large sums of money from Hong Kong 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
12 money transfer companies tested.

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

Understanding the costs involved when transferring money to Spain from Hong Kong

When calculating the cost of sending money from Hong Kong to Spain, a combination of fees and exchange rates ensure the best deal:

The Mid-Market and Exchange Rates: The current HKD-EUR mid-market rate is 0.1213 EUR per Hong Kong Dollar. Finding a provider as close to this number as possible will ensure more Euro for your money.

  • As a comparison, the HKD-EUR mid-market rate for the past three months has averaged 0.115 EUR per Hong Kong Dollar, hitting a high of 0.1198 and a low of 0.1147.

  • Wise is currently offering the best exchange rate on transfers between Hong Kong and Spain.

  • Often the HKD-EUR exchange rate you receive will be the biggest factor impacting the cost of sending Hong Kong Dollar to Spain.

Fees: Transfer fees are charged on top of a transfer. Wise currently offers lowest fees, at an average of 1.94 HKD over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.

Amount Received: The total amount received in Euro is the biggest indicator in the total cost of sending money to Hong Kong from Spain. The higher the total amount received in Spain, the lower the cost of sending from Hong Kong.

Getting best exchange rate for transfers between Hong Kong Dollar and Euro

Timing is essential for transferring money between HKD and EUR. The exchange rate you secure impacts how much EUR you get for your HKD.

Mid-market Rate
1
= 0.121359 EUR

The recent trends between the currencies are:

  • Over the past six months, the mid-market rate from HKD to EUR has moved slightly. On average, it was 0.115.

  • During this same period,there was a high of 0.1198, and a low of 0.1147.

  • Wise, which is our recommended service to send money online from Hong Kong to Spain offers an exchange rate that is only -0.01% above the mid-market rate.

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Payment methods for Hong Kong to
Spain transfers

  • Bank transfers

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

    By opting for a money transfer company such as Wise for transfers from Hong Kong 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 12 we tested when sending HKD to Spain.

    With an average fee of HKD2.48 to send money from Hong Kong 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 Hong Kong to Spain is easy with Wise.


    Wise is a market leader in debit card payments for transfers from Hong Kong to Spain, this is among a total of 12 money transfer companies compared.

  • Credit card transfers

    When it comes to sending money with a credit card from Hong Kong to Spain, Wise emerges as our top choice of the 12 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 Hong Kong.


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 Hong Kong to Spain.


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


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

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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.