Question 1

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

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Romania to Spain. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Romanian Leu to EUR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send RON to EUR in Spain. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Spain from Romania. We provide you with maximum choices to send money to Spain by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best exchange rate for your money transfers from Romania to Spain?

Accepted Answer

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your RON to Euro money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Romania to Spain. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for RON to EUR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

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

Accepted Answer

Finding the cheapest way to send money from Romania to Spain might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer RON to EUR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Romania to Spain exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.

Question 4

Should I use my bank to transfer money from Romania to Spain?

Accepted Answer

We do not recommend using your local bank in Romania for your next RON to EUR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Romania to Spain (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending EUR to Spain. These companies will let you use your local bank account in Romania to pay for your Spain money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

How to send money to Spain from Romania fast?

Accepted Answer

If you need to convert RON to EUR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Romania to Spain could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Romanian Leu to Euro funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Spain.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Romania to Spain. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to transfer money to Spain from Romania?

Accepted Answer

Comparing money transfer companies for sending money to Spain from Romania can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Spain. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Romanian Leu to Euro transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Euro yield on every Romanian Leu that you send.

Question 7

Step by step guide to send money to Spain from Romania

Accepted Answer

Follow the below easy steps to send money to Spain from Romania.

If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Romania bank account to fund your transaction.
Add your recipient - provide details about who will receive the funds (can also be your own account in Spain).
Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
Add the transfer amount and start the transaction.

The provider will then work on your RON to EUR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.

1 RON	0.20 EUR
5 RON	0.98 EUR
10 RON	1.97 EUR
25 RON	4.91 EUR
50 RON	9.83 EUR
100 RON	19.65 EUR
150 RON	29.48 EUR
200 RON	39.30 EUR
250 RON	49.13 EUR
300 RON	58.95 EUR
400 RON	78.60 EUR
500 RON	98.25 EUR
600 RON	117.90 EUR
700 RON	137.55 EUR
800 RON	157.20 EUR
1000 RON	196.50 EUR
1500 RON	294.75 EUR
2000 RON	393.00 EUR
2500 RON	491.25 EUR
3000 RON	589.50 EUR
4000 RON	786.00 EUR
5000 RON	982.50 EUR
10000 RON	1,965.00 EUR
15000 RON	2,947.50 EUR
20000 RON	3,930.00 EUR
30000 RON	5,895.00 EUR
40000 RON	7,860.00 EUR
50000 RON	9,825.00 EUR
100000 RON	19,650.00 EUR

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