Best way to Send money from UK to Spain

Highest remittance rate for converting 1 GBP to EUR = 1.16

Send money from UK to Spain

Explore & compare 2 money transfer services to send money from United Kingdom to Spain. Compare exchange rate and fees for pound to Euro Member Countries. Choose the best remittance service for your fund transfer from United Kingdom to Spain for pound to Euro Member Countries to send money online or to send cash. Save time & money on international money transfer with best deals and discount offers. Send money overseas conveniently with ExchangeRateIQ .

Many people are stuck between options when it comes to sending money from United Kingdom to Spain because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.

Country Guide - Spain

1.17

Mid Market Rate

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1.17

Mid Market Rate

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Pay-In
Pay-Out
You Pay (Includes Fee £ 35) £ 10000
Receiving Amount
€ 11639.12
Realized Exchange Rate
1.16
instarem GBP to EUR Exchange Rate
1.168
Best Value

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Transfer Time : 1-2 Days
Instarem is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Spain for sending amount 10000. Today’s Instarem exchange rate for sending money from GBP to EUR is 1.168 with a £ 35 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 1.16. The pay in options available are Bank, also you can receive money using Bank, at multiple Instarem partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Instarem click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 49.75) £ 10000
Receiving Amount
€ 11635.8224
Realized Exchange Rate
1.16
transferwise GBP to EUR Exchange Rate
1.1694
Best Value

SEND NOW

Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Spain for sending amount 10000. Today’s Transferwise exchange rate for sending money from GBP to EUR is 1.1694 with a £ 49.75 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 1.16. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here

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
World First is a UK-based foreign exchange company. It offers currency exchange and international payments to private clients, corporate and e-Commerce clients in the UK and a number of other countries.
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
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
Money2anywhere is a product of UAE Exchange LLC Ltd which has its presence in more than 30 countries with over 150 correspondent banking relationships.
Post Office aspires to be at the very heart of customers choice by becoming the most trusted provider of essential services to every person in the land.
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

GBP to EUR - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from United Kingdom to Spain after comparison?
  • With our real-time comparison on sending money from United Kingdom to Spain ,
      we have found Instarem, Transferwise remittance services who are providing competitive exchange rates.
  • Top 1 companies are - ( Instarem, 1.16 ) .
  • To remit money in the bank account of Spain, best companies is ( Instarem, 1.16 ).
  • Current money transfer offeres/promotions are available with Instarem money transfer services.
  • For quick money transfer from United Kingdom to Spain with agent service is Instarem with exchange rate 1.16.
  • Available pay in when sending money from United Kingdom to Spain Bank, Creditcard, Debitcard.
  • Available pay out when sending money from United Kingdom to Spain Bank.
  • Other options to transfer money from United Kingdom to Spain are Ria, Worldfirst, Travelex, Westernunion, Xendpay, Money2anywhere, Postoffice, Moneygram .
  • The comparison result was last updated on Mar 28, 2024.
  • For the latest comparison result of United Kingdom to Spain, Please visit ExchangeRate IQ regularly.

About GBP and EUR

The GBP and EUR are some of the most dominant currencies in the trade market. With that said, it is good to know that these are some of the most exchange currencies in the trade market as well. While thinking about transferring money from UK to Spain it is important that you evaluate all the possible exchange rate options that you may have. When it comes to converting GBP to EUR, you should know that you can always rely on online exchange rate services like the one being offered by XE Money.

Best way to send money from UK to Spain

Whether you are sending money to Spain from UK, the first thing you need to consider is the exchange rate. With over 10 companies offering online currency exchange services for GBP to EUR, picking the right choice of service can be a challenge. However, with Exchange Rate IQ, all you need to do is compare the available services and identify one that suits your needs.

From the records, XE Money still remains the people’s choice for many people who want to send money to Spain from UK. That is because it is fast, accurate and the service rates are affordable with regards to the quality of the services. Thanks to its mobile App, XE Money converter allows for GBP to EUR exchange from the comfort of your smartphone. Other than XE Money, other online exchange options you can consider include; OFX, Instarem, Xoom and more.

Besides online cash transfer services, you can also rely on direct money transfer and deposit services as seen with companies like Western Union and World First among other options that we have broken down for you. If you prefer bank to bank transfers as mode of payment, it is good to know that many banks and cash transfer institutions are willing to offer you the service at competitive rates.

5 things to consider before sending money to Spain to UK

As much as you can be spoilt for options when it comes to sending money from UK to Spain, you must keep the following in mind;

  1. Cost of service

    Transferring money from UK to Spain should never be expensive even though there are some transfer services that will want to rip you off.

  2. How long the service takes

    The Shorter the transaction time the better however it may come at an extra cost depending on the transfer company you opt to work with.

  3. Mode of transfer

    You need to be sure if you need to send money from UK to Spain online via services like XE Money or make direct bank deposits. This should be determined by what the receiver prefers.

  4. Exchange market rates

    Different money transfer companies offer different GBP to EUR exchange rates. Finding the perfect rates however is not easy but that is not the case if you use Exchange Rate IQ.

  5. How much you need to send

    There are some money transfer companies that of fair rates if you are sending more money and others will favor you only if you need to send small amounts.

  6. The fastest way to transfer money from UK to Spain

    It is without any doubt that the fastest way to transfer money from UK to Spain is through online platforms like the earlier mentioned platforms like XE Money, XOOM and others. That is because the operation is instant through the phone plus the services becomes accessible 24/7. Other direct cash transfer services can also be instant but not compared to online options especially if you need to transact in the night.

FAQ's

How can I send money to Spain from the UK?

There are multiple ways to send money to Spain from the UK and you can select the one which suits the best to you. These are:

Bank transfer: You can make the bank account transfer with the help of money transfer companies and your amount will reach the recipient’s bank account within 3-5 business days.

Cash pickup: Companies also offer cash pickup services in Spain so that your recipient can reach the local agent and pick money in cash directly by showing a valid government ID. The cash pickup will be available instantly for the recipients.

Wire transfer: Companies also offer wire transfer services from the UK to Spain which will take 1-2 business days to send money to the recipient. This is a faster mode compared to bank transfer and safer also.

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What is the cheapest way to send money to Spain from the UK?

Using the services of money transfer company is often the cheapest way to send money to Spain or anywhere internationally. Many companies even offer free transfers when you register with them or allow using multiple promo codes which makes the transfers cheap. The best money transfer company will offer you the highest exchange rate for the money you want to send to Spain.

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How fast can I transfer money from UK to Spain?

It should take only a few minutes to send money to Spain from UK but this all depends on the transfer service provider that you choose to work with. Some transfers can take up to a day and they are known to cost less than other faster options like direct money transfers.

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What do I need to send money to Spain from UK?

You will first need to sign up for an account from an online transfer company of your choice like than XE Money, OFX, Instarem or Xoom. The person receiving the money should also do the same for faster and safer services. After signing up for an account, you can quickly add funds and proceed to your transfer.

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What is the cost for sending money from UK to Spain?

There is no fixed rate for sending money from UK to Spain since services are delivered differently by various transfer companies. What you should be worried about are the exchange rates being provided.

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Historical Mid Market Exchange Rate From Pound (GBP) to Euro Member Countries (EUR) (Weekly)

Current Exchange Rate(Mid Market) :- 1.17 EUR/GBP

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion GBP To EUR

Send Pound To SPAIN Receive Euro Member Countries
1 GBP TO EUR 1.17
50 GBP TO EUR 58.5
100 GBP TO EUR 117
250 GBP TO EUR 292.5
500 GBP TO EUR 585
1000 GBP TO EUR 1170
5000 GBP TO EUR 5850
10000 GBP TO EUR 11700
Send Euro Member Countries Receive Pound From SPAIN
1 EUR FROM GBP 0.85
50 EUR FROM GBP 42.74
100 EUR FROM GBP 85.47
250 EUR FROM GBP 213.68
500 EUR FROM GBP 427.35
1000 EUR FROM GBP 854.7
5000 EUR FROM GBP 4273.5
10000 EUR FROM GBP 8547.01

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate GBP to EUR

Company Name Live Exchange Rate
XE Money Transfer € 1.17
Instarem € 1.17
Transferwise € 1.17
USD

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