Transfer Money to Spain
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Transfer Money to Spain

Save up to 85% with better than bank exchange rates
  • Compare the world's leading foreign exchange companies
  • Trusted by over 600,000 last year for a better deal

MyCurrencyTransfer.com is an award winning money transfer comparison site. Last year, we were voted best online service and were trusted by over 600,000 for a better money transfer deal.
We'd love to help you too.

Compare Money Transfers to Spain

Compare the world's leading foreign exchange companies. Save up to 85%

Sending money to Spain? Compare & save in 3 simple steps

In just 3 simple steps, we will search to find you the cheapest money transfer deals. We list only FCA regulated companies so you can trust that our service is reliable and equitable; simply choose one from the table, submit your details and we do the rest.

Compare cheap money transfer deals to Spain

At MyCurrencyTransfer, we have helped over 600,000 expats & overseas property buyers save when sending money to Spain and we dont intend on stopping. As opposed to high street banks, our panel of the worlds leading FCA regulated currency brokers focus exclusively on international money transfers, helping you access wholesale euro exchange rates & cheaper money transfer quotes by up to 85% versus the bank rate of the day. Banks also apply transaction fees of up to £40 (equivalent) per international payment. As a special offer, our panel waive these charges and offer free money transfers above a certain amount (*FX fees apply).

Whether you are seeking to purchase a property in sunny Costa del Sol or scenic Majorca, we will help you save you a substantial percentage of money via multiple quotes from FCA (Financial Conduct Authority) regulated currency brokers. The main message is clear: shop around when transferring money to Spain. As a top tip: when making large money transfers to Spain, consider the use of a forward contract. This will help you set a budget & minimise against the risk of adverse currency fluctuations.

What do I need to send money to Spain

CHECK LIST

For your convenience, we have compiled a checklist of the account details you will need to transfer money to the beneficiary.

IBAN
example:
ES9121000418450200051332
internationally agreed means of identifying bank accounts across national borders with a redued risk errors.
Swift/BIC code
example:
BANKESXX-XXX
Society for Worldwide Interbank Financial Telecommunication more effiecient and secure system for inter bank communications and transfer of funds
Bank Name/Address
the name and address of the recipient bank
Account Number
example:
XXXXXXXX
the primary account number found on credt cards and bank cards
Account holders name
the primay account name found on credit cards and bank cards

LIST OF BANKS TO TRANSFER TO IN SPAIN

  • Banco Santander
  • Banco Bilboa Vizcaya(BBVA)
  • Banco Financiero y de Ahorros
  • Bankia
  • La Caixa
  • CaixaBank

Money saving and currency tips for Spain

Allow for 10 and 11 per cent of the overseas property purchase price to cover the costs of buying your property in Spain. This includes transfer tax and tax duty.
When buying property in Spain it is good to be aware that VAT on new-build properties increased to 10% in 2013.
If you are moving to Spain, you must request a Foreignerâs Identification Card within a month of arriving and carry it with you at all times.
You have to be sure you have cleared up all of your financial affairs in the UK before you moved abroad including clearing loans, sorting out bank accounts and telling HMRC you are leaving the UK.
The most popular reason for transfering money to Spain is
Property purchase/sale
The average amount transfered to Spain is
179,500 EUR
Most transfers to Spain will be completed within
1 working day
Individual tax rate in Spain is
0-52%
The Average property price per square meter in Spain is
3,026.23 EUR
The Average price of rent for a 3 bed city apartment in Spain is
854.66 EUR

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