How to send money to Spain from Portugal: The best & cheapest ways
Sending EUR from Portugal to Spain is quick and easy.
We recommend using Wise's multi-currency account or a neobank such as Revolut or N26.
Both options allow P2P transfers, meaning you can instantly send money between users for free.
Keep reading to learn more about the best, fastest, and cheapest ways to send EUR between Portugal and Spain.
Transferring the other way? Send EUR from Spain to Portugal instead.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Card-to-card transfers can be received in just two minutes."
"Card-to-card transfers can be received in just two minutes."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Overall top choice: Wise
Of the 4 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Sending 7,000 EUR to EUR will cost you €0.95 in fees, and you will receive 6,999.05 EUR.
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 when sending money from Portugal to Spain
Comparing the different providers offering services between Portugal and Spain, is the best way to send money with confidence.
The 4 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: Profee
The cost is a combination of a fee of 0 EUR and an exchange rate for converting Euro to Euro that is 0% different to the mid-market rate.
We found that Profee is 0% cheaper than the second-best option.
We would recommend Profee for low cost, affordable transfers from Euros to Spain.
Fastest way to send money to Spain from Portugal: Wise
The transfer time is within minutes with Wise for a €7,000 transfer, but it will depend on the time, day of the week, and the amount you send.
A EUR-Euro transfer through Wise comes with a 0.95 EUR fee (based on a €7,000 transfer).
To ensure Wise was the 'fastest' option we compared 4 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, Wise is the top choice for sending into Spain from Portugal.
The best apps to send EUR to Spain from Portugal
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 4 apps & companies for EUR/EUR transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
App | Rating | Mobile wallet |
|---|---|---|
iOS: 4.8 / 578 reviews Android: 4.7 / 12.3K reviews | Yes (4 currencies) | |
iOS: 4.9 / 2.3M reviews Android: 4.8 / 1.29M reviews | Yes (Remitly One) | |
iOS: 4.8 / 158K reviews Android: 4.8 / 1.52M reviews | Yes (40+ currencies) | |
iOS: 4.9 / 936K reviews Android: 4.8 / 3.64M reviews | Yes (39 currencies) |
Transfer a large amount of money
Wise is the strongest option for large transfers of the 4 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 7 days has averaged 1 EUR per Euro. This includes a high of 1, and low of 1.
Profee 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. Profee currently offers the lowest fees on transfers to Spain from Portugal. They charge 0 EUR per transfer.
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 week, 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 4 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 Profee 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, Profee is the cheapest provider for bank transfers from the 4 we tested when sending EUR to Spain.
With a fee of EUR0 to send money from Portugal to Spain, Profee 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 4 money transfer companies compared.
Credit card transfers
When it comes to credit card transfers from Portugal to Spain, we to get the best deal as not many companies offer direct credit card deposits.
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 and review methodology.
Related transfer routes
Send money from Portugal
Send money to Spain
How much money can be transferred from Portugal to Spain?
Are there any tax implications to sending money from Portugal to Spain?
Can I send money from Portugal to Spain with MoneyTransfers.com?
What are the typical transfer fees for sending Euros to Spain through various providers?
How long does it take to send money from Portugal to Spain?
What is the best exchange rate I can get for sending money from Portugal to Spain?
Are there any minimum or maximum transfer amounts for sending money from Portugal to Spain?
Can I schedule regular transfers between Portugal and Spain?
Tools & resources
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