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Overall top choice: Wise
Of the 9 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 100% of searches for transfers between Israel and Spain.
When sending money from Israel to Spain, using Wise in a great option.
How to compare deals on Israel to Spain money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Israel to Spain.
- Choose a provider
Select the provider that gives you the best value & service for your needs
- Click, sign up & send
Follow the steps & start your transfer from Israel. Your funds will be converted to Euro and transferred to Spain.
Summary of recent searches
Considerations to make sending money from Israel to Spain easy
Comparing the different providers offering services between Israel and Spain, is the best way to send money with confidence.
The 9 providers we've compared ensures you will get the best options for your transfer to Spain from Israel. 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 New Israeli Sheqel to Spain.
Cheapest way to send money to Spain from Israel: Wise
The cost is a combination of an average fee of 47.01* ILS and an exchange rate for converting New Israeli Sheqel to Euro that is -0.1% different to the mid-market rate.
On average, Wise is 0.2% 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 ILS-EUR by Wise, based on data from the past six months.
Fastest way to send money to Spain from Israel: Paysend.
In our comparison, we found Paysend to be the fastest way to send New Israeli Sheqels to Euro in 75% of transfers. For quick transfers between ILS and EUR, Paysend comes highly recommended.
Sending money from Israel to Spain through Paysend has an average fee of 0 ILS.
To find the fastest company, we compared 9 money transfer providers for the overall speed of sending money from Israel to Spain. This was made up of depositing New Israeli Sheqel to a money transfer account and transfer times to Spain.
When looking for the fastest money transfer, Paysend is our best choice for sending into Spain from Israel.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 9 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Israel 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 Israel.
Understanding the cost of sending money from Israel to Spain
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Israel to Spain.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Euro for your New Israeli Sheqel. The current ILS-EUR mid-market rate is 0.2531 EUR per New Israeli Sheqel.
This rate changes regularly so it can pay to track it. For comparison, the ILS-EUR mid-market rate for the past three months has averaged 0.2461 EUR per New Israeli Sheqel, with a low of 0.2385 and a high of 0.2543.
Wise is currently offering the best exchange rate from the 9 companies compared.
Often the ILS-EUR exchange rate you pay is the biggest cost factor when transferring New Israeli Sheqels to Spain.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of New Israeli Sheqel you’re sending to Spain. Wise currently has the lowest fees for transfers into EUR at an average of 47.01 ILS over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Euro is the biggest indicator of the total cost of sending money to Spain from Israel. The bigger the amount received in Spain, the lower the overall cost of sending from Israel.
The best exchange rate for New Israeli Sheqel to Euro transfers
When sending money between ILS 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 ILS.
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 ILS to EUR has been 0.2461.
During this period, there was a high of 0.2543, and 0.2385 being the lowest point.
Wise, which is our recommended service to send money online from Israel to Spain offers an exchange rate with a 0% markup against the mid-market rate.
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Payment methods for Israel to Spain transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Israel to Spain.
By opting for a money transfer company such as Wise for transfers from Israel 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 9 we tested when sending ILS to Spain.
With an average fee of ILS47.01 to send money from Israel 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 Israel to Spain is easy with Wise.
Wise is a market leader in debit card payments for transfers from Israel to Spain, this is among a total of 9 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Israel to Spain, emerges as our top choice of the 9 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 Israel.
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 Israel to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ILS 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
