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Companies for transfers from Spain to Venezuela
"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."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall best option: Wise
Wise is our recommended company for sending money to Venezuela from EUR.
Of the 4 companies that support EUR to VES, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 97.6% of Spain to Venezuela searches, consistently scoring as one of the best ways to send EUR to VES.
So for a great mix of cost, speed & features, send Euros to Venezuela using Wise.
How to compare deals on your Spain to Venezuela transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from Spain to Venezuela.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Venezuela from Spain.
Summary of recent searches
Considerations for money transfers from Spain to Venezuela
Comparing providers offering services between Spain and Venezuela, based on your specific needs is the best way to send money with confidence.
Our comparison includes 4 companies that provide the ability to send Euro to Venezuela.
This ensures you get the best options for transfers to Venezuela from Spain, based on the amount you want to send.
Cheapest way to send money from Spain to Venezuela: Wise
Data collected for transfers between Spain and Venezuela over the past six months shows that Wise is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the Euro and Bolivar that is 0.32% different to the mid-market rate and an average fee of 116.88* EUR.
*The most common fee applied to EUR-VES by Wise, based on data from the past six months.
Fastest money transfers to Venezuela from Spain: Ria Money Transfer.
Through our research, we found Ria Money Transfer to be the quickest way to send EUR into Bolivar in 82.7% of instances. For fast transfers between EUR and VES, Ria Money Transfer is generally a good option.
Money transfers from Spain to Venezuela through Ria Money Transfer have an average fee of 4 EUR.
To confirm that Ria Money Transfer was the 'fastest' option we compared 4 money transfer providers for overall speed of sending money from Spain to Venezuela. This was made up of depositing Euro to a money transfer account and transfer times to Venezuela.
When sending quickly is a priority, Ria Money Transfer is our recommended choice for sending into Venezuela from Spain.
Send large sums of money abroad with Currencies Direct
From the 4 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Venezuela from Spain.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Bolivars to Bolivar.
As such, we recommend Currencies Direct for large transfers between Venezuela and Spain.
Understanding the costs involved when moving money from Spain to Venezuela
The total cost of sending money to Venezuela from Spain is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for EUR-VES is 66.0655 VES per Euro.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Bolivar for your Euros.
The EUR-VES mid-market rate over the last three months has seen the Euro worth an average 46.0738 VES. Within this there has been a high of 59.4821, and a low of 39.9702.
From 4 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to VES.
Fees: When sending money there may be additional fees. Wise offers the lowest fee of the 4 providers tested, averaging 116.88 EUR per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Bolivar eventually received in Venezuela.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Venezuela, means a better overall cost of sending money from Spain.
How to find the best exchange rate for Euro to Bolivar
Timing is essential for sending money between EUR and VES. The exchange rate you secure impacts how much VES you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to VES has seen some fluctuation. On average, it stood at 46.0738.
During this period, the highest value recorded was 59.4821, while the lowest was 39.9702.
Wise, which is our recommended service to send money online from Spain to Venezuela offers an exchange rate that is only 0.35% above the mid-market rate.
Want to secure the best EUR-Bolivar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Venezuela!
Funding your Spain to Venezuela money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from Spain to Venezuela.
By using a money transfer company such as Wise for transfers from Spain to Venezuela, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank.
On average, Wise is the cheapest way to send money via a bank transfer. This is of the 4 companies we tested when sending EUR to Venezuela.
With an average fee of 116.34 EUR to send money from Spain to Venezuela, Wise offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to Venezuela with a debit or a prepaid card is easy with Wise.
Wise is a leading money transfer company for debit card payments, and offers transfers from Spain to Venezuela.
Credit cards
When it comes to sending money with a credit card from Spain to Venezuela, is our top choice of the 4 companies offering this service.
Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Venezuela and Spain.
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 Spain to Venezuela.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to VES.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
