.svg)
Overall top choice: Wise
Of the 14 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 Portugal and Spain.
When sending money from Portugal to Spain, using Wise in a great option.
How to to send from Portugal to Spain in the best way
- Always compare rates
Money transfers to Spain should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Portugal to Spain.
- Choose a provider
Select the provider that offers you the best value on your Euro & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Spain.
Summary of recent searches
Considerations to make sending money from Portugal to Spain easy
Comparing the different providers offering services between Portugal and Spain, is the best way to send money with confidence.
The 14 providers we've compared ensures you will get the best options for your transfer to Spain from Portugal. 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 Euro to Spain.
Cheapest way to send money to Spain from Portugal: TransferGo
The cost is a combination of an average fee of 0* EUR and an exchange rate for converting Euro to Euro that is 0% different to the mid-market rate.
On average, TransferGo is 0% cheaper than the second-best option.
We would recommend TransferGo for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to EUR-EUR by TransferGo, based on data from the past six months.
Fastest way to send money to Spain from Portugal: Paysend
Our comparison shows Paysend is the fastest option for sending Euro into Euro 60% of the time. For urgent EUR to EUR money transfers, they’re our recommended choice.
A EUR-Euro transfer through Paysend comes with an average 0 EUR fee.
To ensure Paysend was the 'fastest' option we compared 14 providers. This comparison was for overall speed of sending money from Portugal to Spain and is a combination of depositing Euro, transfer times to Spain and withdrawal timeframes where applicable.
When speed is a priority, Paysend is the top choice for sending into Spain from Portugal.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 14 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Portugal 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 Portugal.
Understanding the cost of sending money to Spain from Portugal
The cost of sending money from Spain to Spain, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from EUR-EUR is 1 EUR per Euro.
Finding a provider offering an exchange as close to 1 as possible will ensure more Euro received when transferring.
For context, the EUR-EUR mid-market rate for the past three months has averaged 1 EUR per Euro. This includes a high of 1, and low of 1.
Wise currently offers the best exchange rate on transfers from Portugal to Spain.
For the most part the EUR-EUR exchange rate you receive is the biggest factor impacting the cost of sending EUR to Spain.
Fees: Outside of exchange rates, you may need to pay a fee to send. Paysend currently offers the lowest fees on transfers to Spain from Portugal, averaging 0 EUR over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Euro is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Euros to EUR, paired with a low fee, means a higher total amount received in Spain.
Finding the best exchange rate for Euro to Euro
Timing is essential for sending money between EUR and EUR. The exchange rate you secure impacts how much EUR you get for your EUR.
Over the last six months, here’s what we’ve seen:
The exchange rate from EUR to EUR averaged 1 EUR.
The highest value recorded was 1 EUR, while the lowest was 1 EUR.
There are currently 14 providers offering transfers between Portugal and Spain close to this rate
Want to secure the best EUR-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 Portugal to Spain!
Payment methods for Portugal to Spain transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Portugal to Spain.
By opting for a money transfer company such as TransferGo for transfers from Portugal to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, TransferGo is the cheapest provider for bank transfers from the 14 we tested when sending EUR to Spain.
With an average fee of EUR0 to send money from Portugal to Spain, TransferGo 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 Portugal to Spain is easy with Wise.
Wise is a market leader in debit card payments for transfers from Portugal to Spain, this is among a total of 14 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Portugal to Spain, Wise emerges as our top choice of the 14 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 Portugal.
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 Portugal to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR 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
