Question 1

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

Accepted Answer

With the global remittance market booming, there are so many choices for Euro to LKR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Sri Lanka from Spain. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final LKR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

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

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 EUR to Sri Lankan Rupee 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 Spain to Sri Lanka. 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 EUR to LKR 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 send money from Spain to Sri Lanka?

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Sri Lanka from Spain. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Sri Lanka using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Sri Lankan Rupee foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best EUR to Sri Lanka exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Sri Lanka from Spain.

Question 4

How to send money from Spain to Sri Lanka through a bank?

Accepted Answer

Big banks in Spain are known to make a lot of money by charging high fees on Sri Lanka money transfers from Spain. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a EUR to LKR exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Sri Lanka. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Spain to Sri Lanka. You work hard for your money, so you should also ensure you get the maximum yield when you send LKR overseas.

Question 5

How to send money to Sri Lanka from Spain fast?

Accepted Answer

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Spain to Sri Lanka. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert EUR to LKR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Euro amount reaching Sri Lanka. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Sri Lankan Rupee quickly to Sri Lanka, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.

Question 6

Which are the best money transfer companies to transfer money from Spain to Sri Lanka?

Accepted Answer

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Spain to Sri Lanka, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Euro to Sri Lankan Rupee exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your LKR money transfers to Sri Lanka. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Sri Lanka getting more money for every Euro you send.

Question 7

Step by step guide to do a money transfer from Spain to Sri Lanka

Accepted Answer

There are many important aspects of Spain to Sri Lanka remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Spain bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include LKR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Euro amount you want to send from Spain.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Sri Lanka to validate that they get the money once the transaction clears.

1 EUR	361.03 LKR
5 EUR	1,805.15 LKR
10 EUR	3,610.30 LKR
25 EUR	9,025.76 LKR
50 EUR	18,051.52 LKR
100 EUR	36,103.04 LKR
150 EUR	54,154.56 LKR
200 EUR	72,206.08 LKR
250 EUR	90,257.60 LKR
300 EUR	108,309.12 LKR
400 EUR	144,412.16 LKR
500 EUR	180,515.20 LKR
600 EUR	216,618.24 LKR
700 EUR	252,721.28 LKR
800 EUR	288,824.32 LKR
1000 EUR	361,030.40 LKR
1500 EUR	541,545.60 LKR
2000 EUR	722,060.80 LKR
2500 EUR	902,576.00 LKR
3000 EUR	1,083,091.20 LKR
4000 EUR	1,444,121.60 LKR
5000 EUR	1,805,152.00 LKR
10000 EUR	3,610,304.00 LKR
15000 EUR	5,415,456.00 LKR
20000 EUR	7,220,608.00 LKR
30000 EUR	10,830,912.00 LKR
40000 EUR	14,441,216.00 LKR
50000 EUR	18,051,520.00 LKR
100000 EUR	36,103,040.00 LKR

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