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The best way to send money from Spain to Venezuela

Compare ways to send money from Spain to Venezuela. Find the cheapest, fastest, and most reliable providers with the best EUR to VES exchange rates.

Read on for the best deals, expert information, and all you need to send money to Venezuela from Spain.

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Wise was the top rated provider 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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Wise was the cheapest 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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Ria Money Transfer was the fastest from Spain to Venezuela

"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."

Fees
$1 - $10
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%

Overall best option: Wise


Wise is our recommended company for sending money to Venezuela from EUR.

Of the 5 companies that support EUR to VES, Wise offered the best combination of cost and speed.

Overall, Wise appeared in 98.7% 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.

Screenshot

How to compare deals on your Spain to Venezuela transfer

Summary of recent searches

Top rated for transfers from Spain to Venezuela
Wise
Total number of ES - VE providers
5
Average cheapest fees & rate
Wise
Average fastest transfer
Ria Money Transfer
Average transfer time
Within minutes
Best for bank transfers
Wise
Best for debit card
Wise
Best for credit card
Wise

Considerations for money transfers from Spain to Venezuela

1
Compare providers

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 5 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.

2
Watch the Euro-Bolivar exchange rate
3
Choose the right payment method
4
Use providers regulated in Venezuela and Spain
5
Consider transfer limits
6
Receiving money in Venezuela
7
Have your ID ready
8
Tax declarations

Cheapest way to send money from Spain to Venezuela: Wise

Wise offers the lowest cost transfers of the 5 compared.

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 0.2% different to the mid-market rate and an average fee of 128.75* EUR.

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

Screenshot

Fastest money transfers to Venezuela from Spain: Ria Money Transfer.

We tested 5 companies offering transfers from Euro to Venezuela and Ria Money Transfer offered the quickest options.

Through our research, we found Ria Money Transfer to be the quickest way to send EUR into Bolivar in 91.4% 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 5 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.

Transfer a large amount of money

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

Wise is the strongest option for large transfers of the
5 money transfer companies tested.

Whatever the reason is for the transfer, sending large amounts of money from Spain to Venezuela 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 Venezuela from 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 52.7706 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 40.4593 VES. Within this there has been a high of 46.5733, and a low of 38.727.

From 5 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 5 providers tested, averaging 128.75 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.

Mid-market Rate
1
= 52.77059 VES

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 40.4593.

  • During this period, the highest value recorded was 46.5733, while the lowest was 38.727.

  • Wise, which is our recommended service to send money online from Spain to Venezuela offers an exchange rate that is only 0.21% 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 5 companies we tested when sending EUR to Venezuela.

    With an average fee of 123.98 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, Wise is our top choice of the 5 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.

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Can I schedule regular transfers between Spain and Venezuela?

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.