Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

Compare today's LAK to EUR (Lao Kip to Euro) exchange rates

Laos
Spain
LAK
Interbank Exchange Rate: 1 LAK = 0.0002 EUR
Updated about an hour ago

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All you need to know about Lao Kip to Euro money transfers

Easily compare money transfer providers in one place to send money from Laos to Spain. Send money overseas to your loved ones by comparing Lao Kip (LAK) to Euro (EUR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

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Latest LAK to EUR Conversion Rates

Here are some latest LAK to EUR (Lao Kip to Euro) exchange rates for popular conversion amounts*.

1 LAK0.00 EUR
5 LAK0.00 EUR
10 LAK0.00 EUR
25 LAK0.01 EUR
50 LAK0.01 EUR
100 LAK0.02 EUR
150 LAK0.03 EUR
200 LAK0.04 EUR
250 LAK0.05 EUR
300 LAK0.06 EUR
400 LAK0.08 EUR
500 LAK0.10 EUR
600 LAK0.12 EUR
700 LAK0.14 EUR
800 LAK0.16 EUR
1,000 LAK0.20 EUR
1,500 LAK0.30 EUR
2,000 LAK0.40 EUR
2,500 LAK0.50 EUR
3,000 LAK0.60 EUR
4,000 LAK0.80 EUR
5,000 LAK1.00 EUR
10,000 LAK2.00 EUR
15,000 LAK3.00 EUR
20,000 LAK4.00 EUR
30,000 LAK6.00 EUR
40,000 LAK8.00 EUR
50,000 LAK10.00 EUR
100,000 LAK20.00 EUR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Spain from Laos?

There are many good choices when it comes to sending money from Laos to Spain. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Lao Kip to EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Spain from Laos. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Lao Kip to Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Laos to Spain?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Spain from Laos.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your LAK to Euro remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for LAK to EUR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Laos to Spain?

The final amount your recipient gets when you send LAK to EUR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Laos to Spain used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Euro is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Lao Kip to Spain exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money from Laos to Spain through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Laos to Spain. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the LAK to EUR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Laos bank for your Spain money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Spain from Laos?

It could be a stressful experience if you need to rush money quickly from Laos to Spain. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert LAK to EUR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Euro. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Laos to Spain money transfers.


Which are the best money transfer companies to send money to Spain from Laos?

Laos to Spain money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Spain as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Lao Kip to Euro money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Spain from Laos

The first step to send money to Spain from Laos is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your LAK to EUR overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Spain if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Laos bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Spain!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Laos to Spain.