Compare Euro Member Countries to Indian Rupee For Sending Money to India from Spain

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.
WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers

More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
With Xendpay you get the best deal and make a big difference with every transfer
<p>Trusted by millions for every kind of online global payment, Skrill now makes payments simple, secure and quick in nearly 200 countries and 40 currencies.</p>
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying

About EURO and INR

Spain and India have a lot in common starting with a strong family structure and identity as well as magnificent cultural sites that attract tourists. Despite the vast distance separating them, many people from Spain travel to India either as tourists or to look for greener pastures. Moreover, many freelancers are working for their employers in Spain hence the unending need to send money to India from Spain. So how can you make this transfer? Check out the simplified comparison below.

The best services to use when sending money from Spain to India

It is safe to say that when it comes to finding the best way to send money to India from Spain, everyone has a different opinion. However, many people today still do not know how to make international transfers, worse yet, even where to start looking. At Exchange Rate IQ, we have brought to you detailed information on the same.

There are three main ways through which your money can reach India in a matter of minutes:

  1. Wire transfers: Banks in Spain will allow you to send money to India.

  2. Money transfer providers: Providers like transferGo, Instarem and Remit Money are the best choices to go for when sending money from Spain to India online.

  3. Cash-pick up agents: Providers with cash pick-up options offer direct money transfer services from Spain to India in a very short time. The only downside is that they charge a high service cost.

Steps to send money to India from Spain

  • Choose a money transfer option that suits you best
  • Create an account with them by providing your details. You may need your ID or proof of it.
  • Select the amount you wish to send and let the rest be done for you by your service provider.

5 things to consider before sending money from Spain to India

To ensure that you get the most INR for your EURO, you have to keep certain factors in mind when choosing a money conveyance company to make transfers for you. You have to confirm that:-

  1. The time it takes your money to reach the recipient is okay with both you and your recipient so as to avoid any delays.

  2. The mode of pick-up is not only safe for the recipient but also the most preferred by him or her.

  3. The rates you are offered by the transfer option that you choose is close to the mid-market rate. Only then will you get much value for your money.

  4. That no exorbitant nor excess fees are being charged as the transfer costs when alternatives are offering lower costs.

You do not exceed or go below the transfer limits offered by the various companies as you may risk not getting the various incentives offered by them.

FAQ's

How fast can I send my money from Spain to India?

Sending money from Spain to India is fast today. This is due to the various money transfer companies that offer highly competitive transfer speeds, putting their competitors to shame and forcing them to level up. Within a matter of minutes, your recipient can be collecting his or her cash upon using fast services like direct cash service providers and online money transfer companies.

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Is it safe to send money from Spain to India?

It is very safe to send money from Spain to India as long as you are using a trusted service provider and that you follow the correct legal procedures to avoid interruptions by the state. We have revealed the most globally recognized companies for you to use here at Exchange Rate IQ.

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When is the best time to send money to India from Spain?

The best time to send money to India is when the exchange rate is high. That means, you will get more out of your Euros because they will convert to a larger amount when they reach India. This can cut your cost but you need to rely on platforms like Exchange Rate IQ since you don’t want to miss the window. Keep in mind that exchange rates keep fluctuating.

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