Overall top choice: Currencies Direct
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 72.2% of searches for transfers between Saudi Arabia and Spain.
When sending money from Saudi Arabia to Spain, using Currencies Direct in a great option.
How to get the best deal on your Saudi Arabia to Spain money transfer
Considerations to make sending money from Saudi Arabia to Spain easy
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.
Cheapest way to send money to Spain from Saudi Arabia: Revolut
The cost is a combination of an average fee of 0* SAR and an exchange rate for converting Saudi Riyal to Euro that is 0.11% 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.
Fastest company to send money to Spain from Saudi Arabia: Currencies Direct.
Through our data, Currencies Direct was the quickest way to send money from Saudi Arabia to Euro 61.6% 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.
Transfer a large amount of money
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 0.2501 EUR per Saudi Riyal.
For reference, the SAR-EUR average mid-market rate for the past three months has been 0.2442 EUR per Saudi Riyal, with a high of 0.2499 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.
The recent mid-market rate trends are:
Over the past six months, the mid-market rate from SAR to EUR was 0.2442.
During this period, it hit a high of 0.2499, 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 0.97% above the mid-market rate.
Want to secure the best SAR-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 Saudi Arabia to Spain!
Payment methods for Saudi Arabia 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 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.