How to send money to Spain from Australia with the best AUD-EUR rate

A comparison of providers offering services between Australia and Spain is paramount. Based on your specific transfer amount, the best way to send money to Spain could change. Comparing ensures the best price for your needs.

At the moment, we found these providers to be the best for AUD/EUR

• Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Australia to Spain. Transferring 12,000 AUD to EUR will cost you $42.66 in fees, and you will receive 7,280.59 EUR. The delivery time can take within minutes, but it depends on the day you make the transfer.

• We compared 14 money transfer companies and Key Currency offers the cheapest transfer service between Australia and Spain. Key Currency fees are 0 AUD per transfer and you can expect an exchange rate between AUD-EUR that is 0.25% different to the mid-market rate.

• Fastest way to send money to Spain from Australia is with Revolut.

For services allowing you to send Australian Dollar to Spain we've compared 14 providers.

This coverage of the market ensure you will get the best options for your transfer to Spain from Australia.

A better exchange rate means more Australian Dollar being sent to Spain. This exchange rate determines the price you will pay when buying Euro.

Currently the mid-market rate between Australian Dollar and Euro is 0.6083.

The cost of sending money from Spain to Spain, is made-up of a combination of fees and exchange rates:

• The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from AUD-EUR is 0.6083 EUR per Australian Dollar.

• Fees: Outside of exchange rates, you may need to pay a fee to send. Key Currency currently offers the lowest fees on transfers to Spain from Australia, costing 0 AUD per transfer. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

• Amount Received: The amount received in Euro is the amount you started with, minus the amount you paid in the exchange and fees.

The better deal you get on exchanging Australian Dollars to EUR, paired with a low fee, means a higher total amount received in Spain.

If you’re sending a large amount where this rate could make a significant difference, use a forward contract. This allows you to lock in an agreed exchange rate between Australia and Spain.

A bank transfer through a money transfer company is the cheapest way to send money. Generally, it’s the payment method that will get you the best price on a transfer from Australia to Spain at this moment.

Here are all the ways to send money from Australia to Spain:

Bank transfers

Bank transfers are usually the best and easiest way to send money from Australia to Spain.

By using a money transfer company such as Key Currency for transfers from Australia to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.

Debit and prepaid cards

Sending money from Australia to Spain with a debit or a prepaid card is available through Wise.


Wise is a one of the cheaper options for debit card payments for transfers from Australia to Spain. This cost is against a total of 14 money transfer companies offering this option.

Credit cards

When it comes to international credit card transfers from Australia to Spain, we recommend comparing your options to get the best deal.

Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment.

and have different financial regulators and ensuring you fully understand how these work will aid in keeping your money safe.

We’ve put together a directory of worldwide financial regulators which contains details on regulation for money transfers between Australia and Spain.

Transfer limits to Australia and Spain will differ per company, this may impact the amount you can send and receive if you hit the limits.

Also, rates and fees for different AUD-EUR transfer amounts could change - that’s why it’s best to compare companies for your specific transfer amount. Then, for regular transfers to Spain, shopping around each time can make a huge difference if you feel you are hitting limits regularly.

For sending large or regular amounts of AUD to Spain we'd recommend using Wise. They offer a combination of rates and fees when sending from Australia to Spain that is the most competitive.

There are different ways to receive money in Spain.

The most popular ways are direct bank deposit into Euro, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers offering money transfers between Australia and Spain will offer every method for incoming Euro.

Understanding where the money will eventually go after its left Australia and entered Spain could impact the provider you use.

The most common (and generally easiest) way to send money from Australia to Spain is directly into a bank account. Wise is the best company for sending money from Australia to a bank account in Spain.

And if you need cash right away, check if cash pickup is an option for transfers between Australia and Spain.

Mobile wallets, P2P services and payment apps like PayPal, Xoom, and CashApp are popular because they offer convenience to those who already have them, but they come with more limitations and higher costs.

When sending Euros to Spain, you will need to verify your ID at the sign up stage.

The documents you need will vary by money transfer company and in some cases you might need a couple of options.

For the most part however, in Australia ID can be verified through a government issued ID such as a passport or driver's license.

In Spain, if the recipient needs an ID to collect money - both should be accepted. We’d recommend checking in advance before sending for any specific requirements on receiving money.

Large transactions between Australia and Spain, are subject to additional checks such as proof of funds. This is for anti-money laundering purposes.

Wise is one of our recommended providers for transfers to Spain from Australia due to the ease of sign up and ID verification.

When sending money between Australia and Spain there will be tax declarations to consider.

Some transfers into Euro may need to be reported to tax authorities in Spain, particularly where inheritance or property purchases are involved (or anywhere else there are additional legal requirements).

Depending on age and income in particular, tax limits and personal allowances will change in Spain.

When in doubt, please contact a tax professional in Australia or Spain to discuss the personal circumstances of the transfer. This ensures you are not missing any specific tax declarations associated with your circumstances.