Question 1

What's the best way to transfer money from Spain to India?

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 Spain to India. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Euro to INR.

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 EUR to INR in India. 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 India from Spain. We provide you with maximum choices to send money to India by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

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

Accepted Answer

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Spain to India transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your EUR to Indian Rupee international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Euro to Indian Rupee exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.

Question 3

What's the cheapest way for transferring money to India from Spain?

Accepted Answer

Finding the cheapest way to send money from Spain to India 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 EUR to INR 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 Spain to India 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 send money from Spain to India?

Accepted Answer

We do not recommend using your local bank in Spain for your next EUR to INR 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 Spain to India (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 INR to India. These companies will let you use your local bank account in Spain to pay for your India 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 from Spain to India fast?

Accepted Answer

The speed of your Euro to Indian Rupee funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert EUR to INR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to India from Spain is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in India if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout INR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Spain bank to India bank transfer.

Question 6

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

Accepted Answer

Spain to India 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 India 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 Euro to Indian Rupee 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.

Question 7

Step by step guide to do a money transfer from Spain to India

Accepted Answer

With so many possible ways to transfer Euro to Indian Rupee, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Spain to India remittance transaction, you can follow the below step by step procedure.

Create an account at your chosen operator.
You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
Add bank accounts for both the sender in Spain and the receiver in India. Using bank deposits can be the cheapest option to send money.
Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
At this point, you are pretty much done, and the operator will take it on from here.
Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your EUR to Indian Rupee money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 EUR	103.40 INR
5 EUR	516.98 INR
10 EUR	1,033.96 INR
25 EUR	2,584.90 INR
50 EUR	5,169.81 INR
100 EUR	10,339.62 INR
150 EUR	15,509.43 INR
200 EUR	20,679.24 INR
250 EUR	25,849.05 INR
300 EUR	31,018.86 INR
400 EUR	41,358.48 INR
500 EUR	51,698.10 INR
600 EUR	62,037.72 INR
700 EUR	72,377.34 INR
800 EUR	82,716.96 INR
1,000 EUR	103,396.20 INR
1,500 EUR	155,094.30 INR
2,000 EUR	206,792.40 INR
2,500 EUR	258,490.50 INR
3,000 EUR	310,188.60 INR
4,000 EUR	413,584.80 INR
5,000 EUR	516,981.00 INR
10,000 EUR	1,033,962.00 INR
15,000 EUR	1,550,943.00 INR
20,000 EUR	2,067,924.00 INR
30,000 EUR	3,101,886.00 INR
40,000 EUR	4,135,848.00 INR
50,000 EUR	5,169,810.00 INR
100,000 EUR	10,339,620.00 INR

Compare today's EUR to INR (Euro to Indian Rupee) exchange rates

Found 20 Remittance Service Providers

All you need to know about Euro to Indian Rupee money transfers

Latest EUR to INR Conversion Rates

What's the best way to transfer money from Spain to India?

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

What's the cheapest way for transferring money to India from Spain?

Should I use my bank to send money from Spain to India?

How to send money from Spain to India fast?

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

Step by step guide to do a money transfer from Spain to India

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