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Find the best ways to transfer money from Saudi Arabia to Spain

Compare the best deals on transfers from Saudi Arabia to Spain. Explore the cheapest, fastest, and most reliable providers with the best SAR to EUR exchange rates.

Read on for the insights and in-depth analysis, and all you need to send money to Spain from Saudi Arabia.

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Currencies Direct was the top rated provider from Saudi Arabia to Spain

"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.2% - 0.7%
Revolut was the cheapest from Saudi Arabia to Spain

"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."

Fees
0.3% - 1%
Transfer Speed
Minutes - 5 days
Exchange Rate Markup
0.1% - 0.6%
Currencies Direct was the fastest from Saudi Arabia to Spain

"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.2% - 0.7%
Currencies Direct was the best for large transfers from Saudi Arabia to Spain

"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.2% - 0.7%

Overall top choice: Currencies Direct

Currencies Direct is the best way to transfer Saudi Riyal into Euro.

Of the 9 money transfer providers we tested and reviewed, Currencies Direct was a standout option for its combination of speed and cost.

Over the last six months, Currencies Direct appeared in 65.7% of searches for transfers between Saudi Arabia and Spain.

When sending money from Saudi Arabia to Spain, using Currencies Direct in a great option.

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How to get the best deal on your Saudi Arabia to Spain money transfer

Summary of recent searches

Top rated for transfers from Saudi Arabia to Spain
Currencies Direct
Total number of SA - ES providers
9
Average cheapest fees & rate
Revolut
Average fastest transfer
Currencies Direct
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Wise
Best for credit card
Wise

Considerations to make sending money from Saudi Arabia to Spain easy

1
Compare providers

Comparing the different providers offering services between Saudi Arabia 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 Saudi Arabia. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.

Whilst we rate Currencies Direct as the best overall, comparing gives you a comprehensive view of all the options for transferring Saudi Riyal to Spain.

2
Exchange rates between Saudi Riyal-Euro
3
Choose the right payment method
4
Financial regulation in Saudi Arabia and Spain
5
Consider transfer limits
6
Receiving money in Spain
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Spain from Saudi Arabia: Revolut

Of the 9 providers compared, Revolut is the cheapest option for sending money over the last six months.

The cost is a combination of an average fee of 0* SAR and an exchange rate for converting Saudi Riyal to Euro that is 0.13% different to the mid-market rate.

On average, Revolut is 0% cheaper than the second-best option.

We would recommend Revolut for low cost, affordable transfers from Euros to Spain.

*The most common fee applied to SAR-EUR by Revolut, based on data from the past six months.

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Fastest company to send money to Spain from Saudi Arabia: Currencies Direct.

We compared 9 companies for fast transfers from Saudi Riyals to Spain and Currencies Direct came out on top.

Through our data, Currencies Direct was the quickest way to send money from Saudi Arabia to Euro 64.1% of the time.

Sending money through Currencies Direct to Spain from Saudi Arabia has an average fee of 0 SAR.

To understand who was the fastest, we tested Currencies Direct as part of 9 money transfer providers. Within this, we looked at the overall speed of sending money from Saudi Arabia to Spain. This was made up of transfer times to Spain after Saudi Riyals were added to a money transfer account.

When fast money transfers between Saudi Arabia and Spain are a priority, Currencies Direct is our recommended choice.

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Transfer a large amount of money

To transfer large sums of money from Saudi Arabia to Spain, opt for a provider with a competitive exchange rate and hands on management.

Currencies Direct 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 Saudi Arabia to Spain can become expensive through your bank or with the wrong provider.

Our data shows Currencies Direct as the best choice for sending large sums of money to Spain from Saudi Arabia.

Understanding the costs involved when transferring money from Saudi Arabia to Spain

When calculating the costs of money transfers between Saudi Arabia and Spain, opt for the best combination of fees and exchange rates:

The Mid-Market and Exchange Rates: Today, the SAR-EUR mid-market rate equals 0.2559 EUR per Saudi Riyal.

  • For reference, the SAR-EUR average mid-market rate for the past three months has been 0.2488 EUR per Saudi Riyal, with a high of 0.2557 and a low of 0.2378.

  • The company offering the best exchange rate is Revolut.

  • Often the SAR-EUR exchange rate you receive is the bigger factor than how much it costs to send Saudi Riyals to Spain.

Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Revolut, averaging 0 SAR over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.

Amount Received: The amount received in Euro is the biggest indicator the total cost of sending money from Saudi Arabia to Spain. Essentially, the more the recipient receives in Spain, the less it is costing to send from Saudi Arabia.

Getting best exchange rate for sending Saudi Riyal to Euro

Timing is essential when tracking the mid-market rate between SAR and EUR. The end exchange rate you secure impacts how much EUR you get for your SAR.

Mid-market Rate
1
= 0.255846 EUR

The recent mid-market rate trends are:

  • Over the past six months, the mid-market rate from SAR to EUR was 0.2488.

  • During this period, it hit a high of 0.2557, and a low of 0.2378.

  • Currencies Direct, which is our recommended service to send money online from Saudi Arabia to Spain offers an exchange rate that is only 0.85% above the mid-market rate.

Want to secure the best SAR-Euro exchange rates?

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Payment methods for Saudi Arabia to
Spain transfers

  • Bank transfers

    Bank transfers are often the fastest option, and normally the cheapest, for sending money from Saudi Arabia to Spain.

    By opting for a money transfer company such as Revolut for transfers from Saudi Arabia to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    On average, Revolut is the cheapest provider for bank transfers from the 9 we tested when sending SAR to Spain.

    With an average fee of SAR0 to send money from Saudi Arabia to Spain, Revolut 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 Saudi Arabia to Spain is easy with Wise.


    Wise is a market leader in debit card payments for transfers from Saudi Arabia 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 Saudi Arabia to Spain, Instarem 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 Saudi Arabia.


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 Saudi Arabia to Spain.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SAR 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

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Can I schedule regular transfers between Saudi Arabia and Spain?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.