Overall top choice: Moneycorp
Of the 5 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 53.2% of searches for transfers between Pakistan and Spain.
When sending money from Pakistan to Spain, using Moneycorp in a great option.
How to compare deals on Pakistan to Spain money transfers
Considerations to make sending money from Pakistan to Spain easy
Comparing the different providers offering services between Pakistan 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 Pakistan. 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 Pakistan Rupee to Spain.
Cheapest way to send money to Spain from Pakistan: Moneycorp
The cost is a combination of an average fee of 0* PKR and an exchange rate for converting Pakistan Rupee to Euro that is 1.68% 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 PKR-EUR by Moneycorp, based on data from the past six months.
Fastest way to transfer money to Spain from Pakistan: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from Pakistan into Euro in 47.2% of occasions. For fast PKR to EUR money transfers, Moneycorp comes highly recommended.
Pakistan to Spain transfers with Moneycorp have an average fee of 0 PKR.
To test that Moneycorp was the 'fastest' option we compared 5 providers. With this, we compared overall speed of sending money from Pakistan to Spain made up of depositing Pakistan Rupees, 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 Pakistan.
Transfer a large amount of money
Moneycorp 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 Pakistan 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 Pakistan.
Understanding the cost of transferring money to Spain from Pakistan
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 PKR-EUR mid-market rate is 0.0034 EUR per Pakistan Rupee. You will get more Euro for your Pakistan Rupees if you find a provider close to this number.
For context, over the last three months the PKR-EUR mid-market rate has had a high of 0.0034, a low of 0.0032 and averaged 0.0033 EUR per Pakistan Rupee.
Across the 5 companies compared, the best exchange rate is with Moneycorp.
Unless fees are unusually high, the exchange rate you receive on converting PKR to EUR will be the biggest determining factor when working out the cost of transferring Pakistan Rupees to Spain.
Fees: Transfer fees are charged as part of the transfer. Moneycorp at an average of 0 PKR 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 Pakistan will result in more money received in Spain.
Getting the best exchange rate for Pakistan Rupee to Euro
Tracking the mid-market rate can make a huge difference when sending money PKR to EUR. The exchange rate you secure impacts how much EUR you get for your PKR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from PKR to EUR has seen some fluctuation. On average, it has been 0.0033.
During this period, the highest value level was 0.0034, with a low of 0.0032.
Moneycorp, which is our recommended service to send money online from Pakistan to Spain offers an exchange rate that is only 1.68% above the mid-market rate.
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Payment methods for Pakistan 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 Pakistan.
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 Pakistan to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PKR to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.