Compare pound to Euro Member Countries For Sending Money to Spain from United Kingdom

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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
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
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.
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

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

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