Whether you're supporting family, paying rent, sending funds to a business partner, or covering tuition fees, sending money to Spain is easier than ever — but not all options are created equal.
Banks often charge more than they should, platforms like PayPal add hidden fees, and delivery times can be unpredictable.
This guide will walk you through the best ways to send money to Spain, how to avoid hidden costs, and which provider delivers the most value for your euros.
Paying rent or buying property in Spain
Supporting expat family members
Paying tuition or school fees
Transferring pensions or retirement funds
Paying local service providers or taxes
Sending money to friends, freelancers, or remote workers
Most common for UK residents or retirees. Avoid banks that mark up the rate and charge up to £30 per transfer.
Popular with Americans supporting family or funding expat lifestyles. U.S. banks are known for slow speeds and high fixed fees.
Wise supports 40+ currencies, including AUD, CAD, CHF, and more — making it a great option for anyone sending to Spain from abroad.
Wise offers a transparent, fast, and secure way to send money to Spanish bank accounts — without the inflated fees.
Wise uses the real exchange rate — the one you see on Google. No hidden fees, no inflated rates.
You’ll always see:
The transfer fee
The delivery time
The amount the recipient will get — before you send
Most GBP or USD transfers to Spain arrive within one business day, often sooner.
| Provider | Exchange Rate | Fees | EUR Received | Delivery Time |
|---|---|---|---|---|
| UK Bank | 1.13 | £20 | €1,130 | 2–3 days |
| PayPal | 1.14 (3% markup) | Built-in | €1,140 | 1–2 days |
| Wise | 1.17 (mid-market) | £4.89 | €1,163 ✅ | Same-day |
✅ Save up to €33 or more per transfer when using Wise.
A Wise account (or other provider)
Recipient’s full name
Spanish IBAN (starts with ES)
Transfer amount and currency
Payment method (bank transfer, debit card, etc.)
Pro tip: Double-check the IBAN to avoid delays or rejections.
Great for rent, tuition, and family support
Available in over 160 countries
Easy to set up one-time or recurring payments
No recipient account required with Wise — funds go directly to their Spanish bank account
Spain is a popular destination for students, retirees, and remote workers — but sending money there shouldn’t cost a fortune.
With Wise, you can enjoy faster transfers, better rates, and lower fees, whether you're sending pounds, dollars, or any of 40+ supported currencies.
✅ Send Money to Spain Now
✅ Compare GBP or USD to EUR Rates
✅ Open Your Wise Account
At 247 Expat Insurance, we understand the challenges of living and managing finances abroad. From international money transfers to expat health coverage, our mission is to make your life simpler, safer, and more affordable.
We carefully research and recommend tools that help expats like you save money and avoid unnecessary fees — wherever life takes you.
Looking for more tips and trusted services?
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