![transfer money to Spain from the UK](/https/www.telegraph.co.uk/content/dam/financial-services/Currency%20Exchange/International%20Money%20Transfers/assets/transfer%20money%20to%20spain%20from%20uk.jpg?imwidth=680)
How to transfer money to Spain from the UK
Need to transfer money to Spain? You might find your best deal is with an international money transfer specialist
![transfer money to Spain from the UK](/https/www.telegraph.co.uk/content/dam/financial-services/Currency%20Exchange/International%20Money%20Transfers/assets/transfer%20money%20to%20spain%20from%20uk.jpg?imwidth=680)
Many Brits need to send money to Spain from the UK, either as a one-off exchange or on a regular basis.
Their reasons range from investing in a holiday home to moving money from a UK pension. Often they are based in Spain, with more British expats living on Spanish soil than in any other European country.Â
Whatever your reason for transferring money to Spain, uncompetitive exchange rates and high transfer fees can eat into your funds. If you’re planning to transfer a large sum of money abroad or you’re making regular payments, these charges can quickly add up. That’s why it pays to find the best way to send money to Spain.Â
How to transfer money to Spain
Although most high-street banks will be able to transfer your pounds into euros, they also often charge you high international bank transfer fees. If you’re looking for the cheapest way to transfer money to Spain, you may prefer to make use of a specialist money transfer service instead.Â
These services typically allow you to easily make international payments over the phone, online or via an app.Â
One such service is Moneycorp, providers of the Telegraph Media Group International Money Transfer service. With their expert service, it is an easy process to send money to Spain, and you can always receive personalised guidance from a friendly expert over the phone if you require any help.Â
To make your payment online, simply:
- Sign up for an online account
- Select ‘Send a payment’
- Input the details of your transfer, including country, currency, and recipient
- Enter the amount you wish to send, and when you want your transfer to arrive
- Confirm your transfer
With Moneycorp, you can also expect a competitive exchange rate and zero transfer fees.
What details do I need to send money to Spain?
To transfer money from the UK to a Spanish bank account, you must provide your personal information and the reason for the transfer, as well as the following information for the receiving account – whether that’s your own account in Spain or another recipient.
- Beneficiary NameÂ
- Beneficiary Account NumberÂ
- Swift Code or BSB routing number
- Bank Name
TIP: You do not need an IBAN to send money to Spain.Â
![Infographic showing the top destinations for international money transfer users - spain is the most popular, followed by France, Australia and USA.](/https/www.telegraph.co.uk/content/dam/financial-services/mc-infographics-2024/Infographic-2-v2_1.png?imwidth=350)
Can I transfer money to Spain online?
When you register with the Telegraph Media Group International Money Transfer Service, you will receive your own online payments account, allowing you to send money to Spain online or via a mobile app, wherever you are.
You can also track your payments, view live exchange rates and sign up for email alerts on market movements in order to better understand the market.
How long does it take to send money to Spain?Â
You can set up a Moneycorp online currency account in minutes. You only need to set up your account once, and then will be able to make as many international money transfers as you need.Â
As soon as you send the money, you can expect your online transfer to reach Spain within 1-2 working days. Express payments usually arrive the same day.
Can I set up automatic payments?
With a Moneycorp account, you will also have access to an automated Regular Payment Plan which allows you to specify the amount of sterling leaving your UK account, the amount of euros you will receive in a Spanish account – or both.Â
This is useful if you’re making regular payments, helping someone who is moving abroad, or covering regular maintenance costs.
Send money to Spain today
Use the Telegraph Media Group International Money Transfer service, provided by currency specialists Moneycorp, to benefit from a competitive pound to euro rate and zero transfer fees.
Simply open an account below and send money to Spain in a few simple clicks.
- Open an account today to send money to Spain with the Telegraph Media Group International Money Transfer Service.
Read more:
- How to send money to Ireland
- How to send money to the USA
- How much money can I send abroad?
- How to send money to Italy
moneycorp is a trading name of TTT Moneycorp Limited which is authorised by the Financial Conduct Authority under the Payment Service Regulations 2017 (reference number 308919) for the provision of payment services.
*excludes regular payment plans
The above article was created for Telegraph Financial Solutions, a member of Telegraph Media Group. For more information on Telegraph Financial Solutions, click here.
Information correct at date of publication.