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Overall top choice: Global66
Of the 10 money transfer providers we tested and reviewed, Global66 was a standout option for its combination of speed and cost.
Over the last six months, Global66 appeared in 60% of searches for transfers between Mexico and Spain.
When sending money from Mexico to Spain, using Global66 in a great option.
How to get the best deal on sending money from Mexico 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 Mexico to Spain.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Mexico 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
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Considerations to make sending money from Mexico to Spain easy
Comparing the different providers offering services between Mexico and Spain, is the best way to send money with confidence.
The 10 providers we've compared ensures you will get the best options for your transfer to Spain from Mexico. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Global66 as the best overall, comparing gives you a comprehensive view of all the options for transferring Mexican Peso to Spain.
Cheapest way to send money to Spain from Mexico: Lumon
The cost is a combination of an average fee of 0* MXN and an exchange rate for converting Mexican Peso to Euro that is 1% different to the mid-market rate.
On average, Lumon is 0.3% cheaper than the second-best option.
We would recommend Lumon for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to MXN-EUR by Lumon, based on data from the past six months.
Fastest way to transfer money to Spain from Mexico: Paysend.
Through our data, we found Paysend to be the fastest option for sending money from Mexico into Euro in 52.6% of occasions. For fast MXN to EUR money transfers, Paysend comes highly recommended.
Mexico to Spain transfers with Paysend have an average fee of 0 MXN.
To test that Paysend was the 'fastest' option we compared 10 providers. With this, we compared overall speed of sending money from Mexico to Spain made up of depositing Mexican Pesos, to a money transfer account and transfer times to Spain.
When sending at speed is a priority, Paysend is our recommended choice for sending into Spain from Mexico.
Transfer a large amount of money
Global66 is the strongest option for large transfers of the 10 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Mexico to Spain can become expensive through your bank or with the wrong provider.
Our data shows Global66 as the best choice for sending large sums of money to Spain from Mexico.
Understanding the costs involved when transferring money to Spain from Mexico
When calculating the cost of sending money from Mexico to Spain, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current MXN-EUR mid-market rate is 0.0467 EUR per Mexican Peso. Finding a provider as close to this number as possible will ensure more Euro for your money.
As a comparison, the MXN-EUR mid-market rate for the past three months has averaged 0.0489 EUR per Mexican Peso, hitting a high of 0.0556 and a low of 0.045.
Global66 is currently offering the best exchange rate on transfers between Mexico and Spain.
Often the MXN-EUR exchange rate you receive will be the biggest factor impacting the cost of sending Mexican Peso to Spain.
Fees: Transfer fees are charged on top of a transfer. Regency FX currently offers lowest fees, at an average of 0 MXN 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 Mexico from Spain. The higher the total amount received in Spain, the lower the cost of sending from Mexico.
The best exchange rate for Mexican Peso to Euro transfers
When sending money between MXN 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 MXN.
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 MXN to EUR has been 0.0489.
During this period, there was a high of 0.0556, and 0.045 being the lowest point.
Global66, which is our recommended service to send money online from Mexico to Spain offers an exchange rate with a -6.17% markup against the mid-market rate.
Want to secure the best MXN-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 Mexico to Spain!
Payment methods for Mexico to Spain transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Mexico to Spain.
By opting for a money transfer company such as Lumon for transfers from Mexico to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Lumon is the cheapest provider for bank transfers from the 10 we tested when sending MXN to Spain.
With an average fee of MXN0 to send money from Mexico to Spain, Lumon 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 Mexico to Spain is easy with Wise.
Wise is a market leader in debit card payments for transfers from Mexico to Spain, this is among a total of 10 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Mexico to Spain, Wise emerges as our top choice of the 10 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 Mexico.
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 Mexico to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MXN 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
