Overall top choice: Currencies Direct
Of the 8 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 66.1% of searches for transfers between Thailand and Spain.
When sending money from Thailand to Spain, using Currencies Direct in a great option.
How to get the best deal on sending money from Thailand to Spain
Considerations to make sending money from Thailand to Spain easy
Comparing the different providers offering services between Thailand and Spain, is the best way to send money with confidence.
The 8 providers we've compared ensures you will get the best options for your transfer to Spain from Thailand. 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 Baht to Spain.
Cheapest way to send money to Spain from Thailand: CurrencyFair
The cost is a combination of an average fee of 3.04* THB and an exchange rate for converting Baht to Euro that is 0% different to the mid-market rate.
On average, CurrencyFair is 0% cheaper than the second-best option.
We would recommend CurrencyFair for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to THB-EUR by CurrencyFair, based on data from the past six months.
Fastest money transfers to Spain from Thailand: Currencies Direct.
Through our research, we found Currencies Direct to be the quickest way to send THB into Euro in 57.9% of instances. For fast transfers between THB and EUR, Currencies Direct is generally a good option.
Money transfers from Thailand to Spain through Currencies Direct have an average fee of 0 THB.
To confirm that Currencies Direct was the 'fastest' option we compared 8 money transfer providers for overall speed of sending money from Thailand to Spain. This was made up of depositing Baht to a money transfer account and transfer times to Spain.
When sending quickly is a priority, Currencies Direct is our recommended choice for sending into Spain from Thailand.
Transfer a large amount of money
Currencies Direct is the strongest option for large transfers of the 8 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Thailand 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 Thailand.
Understanding the cost of transferring money from Thailand to Spain
The total cost of money transfers from Thailand to Spain is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for THB-EUR is currently 0.0272 EUR per Baht. Providers offering services closer to this rate will ensure more Euro for your Bahts.
To give a historic average, over the last three months the THB-EUR mid-market rate has been 0.0258 EUR per Baht, this has had a high of 0.0278 and a low of 0.025.
From the 8 companies compared, CurrencyFair offers the best exchange rate on transfers to Spain and Thailand.
Generally, the exchange rate you receive on converting THB to EUR will be the biggest factor impacting the cost of sending Bahts to Spain.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is CurrencyFair at an average of 3.04 THB per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Euro. Simply, the higher the amount received in Thailand, the lower the cost of sending from Spain.
Track the exchange rate for Baht to Euro
Sending money at the right time between THB and EUR can make a huge difference to overall cost. The exchange rate impacts how much EUR you get for your THB.
Over the last six months, the average numbers are:
The exchange rate from THB to EUR averaged 0.0258 EUR.
The highest value recorded was 0.0278 EUR, while the lowest was 0.025 EUR.
8 providers currently offer transfers between Thailand and Spain close to this rate
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Payment methods for Thailand 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 Thailand.
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 Thailand to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send THB to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.