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Send money from Canada to Spain(CAD → EUR)
CAD
EUR|Updated recentlyMid-market 0.6264Cheapest todayof 11 providers
Remitly
Rate 0.6231 · Fee free
You send
C$1,000
Recipient gets
€623
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Canada to Spain in May 2026 is Remitly, which delivers 623.11 EUR on a 1,000 CAD transfer with a fee of zero.
Last reviewed: by Awais Imran, Reviews Editor
→
Rates are typical right now
46th percentile
Based on 59 days of data (2026-03-13 to 2026-05-20)
Today's best
€62.31
Remitly
59-day avg
1 CAD = 0.62 EUR
Best rate
0.64
2026-03-13 · Remitly
Worst rate
0.61
2026-04-15 · InstaReM
What is the cheapest way to send CAD to EUR?
Sending C$1,000 from Canada to Spain. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 0.6231·Fee Free·0.52% markup
Best rate 42 of 59 days
↓ 2.0% over 50dAvg: 0.62 EUR (+0.2% vs avg)Range: 0.61–0.64
1
RemitlyBest value
Minutes to 3-5 days0.52% markup
Best rate 42 of 59 days
↓ 2.0% over 50dAvg: 0.62 EUR (+0.2% vs avg)Range: 0.61–0.64
0.6231
Free
€623.11
Rate 0.6228·Fee Free·0.57% markup
↓ 1.9% over 50dAvg: 0.62 EUR (+0.3% vs avg)Range: 0.61–0.64
2
0.6228
Free
€622.80
Rate 0.6220·Fee Free·0.70% markup
↓ 0.8% over 7dAvg: 0.62 EUR (-0.7% vs avg)Range: 0.61–0.63
3
Under 3 minutes (95% of transfers)0.70% markup
↓ 0.8% over 7dAvg: 0.62 EUR (-0.7% vs avg)Range: 0.61–0.63
0.6220
Free
€621.98
Rate 0.6127·Fee C$5.95·2.18% markup
↓ 2.0% over 59dAvg: 0.61 EUR (+0.4% vs avg)Range: 0.60–0.63
4
0.6127
C$5.95
€609.07
Rate 0.6082·Fee Free·2.90% markup
↓ 1.8% over 59dAvg: 0.61 EUR (+0.3% vs avg)Range: 0.60–0.62
5
0.6082
Free
€608.20
Rate 0.6074·Fee Free·3.03% markup
↓ 4.0% over 59dAvg: 0.60 EUR (-1.3% vs avg)Range: 0.59–0.62
6
Minutes to 3 days3.03% markup
↓ 4.0% over 59dAvg: 0.60 EUR (-1.3% vs avg)Range: 0.59–0.62
0.6074
Free
€607.39
Rate 0.6071·Fee Free·3.08% markup
↓ 1.8% over 59dAvg: 0.61 EUR (+0.3% vs avg)Range: 0.60–0.62
7
1-3 business days3.08% markup
↓ 1.8% over 59dAvg: 0.61 EUR (+0.3% vs avg)Range: 0.60–0.62
0.6071
Free
€607.07
Rate 0.6149·Fee C$15.00·1.83% markup
Rate 0.5999·Fee Free·4.23% markup
↓ 1.9% over 52dAvg: 0.60 EUR (+0.3% vs avg)Range: 0.59–0.61
9
0.5999
Free
€599.87
Rate 0.5983·Fee C$2.99·4.48% markup
↓ 1.8% over 59dAvg: 0.60 EUR (+0.1% vs avg)Range: 0.59–0.61
10
0.5983
C$2.99
€596.52
Rate 0.6232·Fee Free·0.51% markup
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. Editorial policy
Find the best way to send money from Canada to Spain. Our comparison tool shows live rates from 15+ providers — see exactly how much EUR your recipient will receive after all fees.
Canadian expats and immigrants regularly send money to Spain. The cost difference between providers can be significant — banks typically charge 3–5% in hidden exchange rate markups, while specialist services like Wise, Remitly, and WorldRemit offer rates much closer to the mid-market rate. Our comparison shows the total EUR received from each provider after all fees and markups.
Which provider offers the best CAD to EUR rate?
Remitly
4.6Exchange rate
0.6231
Fee
Free
Recipient gets
€623.11
Speed
Minutes to 3-5 days
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the Canada to Spain route.
Cheapest transfer
Remitly
Delivers the most EUR for your money
Fastest transfer
Remitly
Delivers in Minutes to 3-5 days
Cash pickup
Remitly
Widest cash pickup network
Bank transfer
Remitly
Best rate for bank deposit to Spain
How to send money to Spain
Sending money to Spain is straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much CAD you want to send, compare providers above, and pick the one offering the best EUR amount for your transfer to Spain.
Step 2
Add your recipient
Enter your recipient's details in Spain — you'll need their iban. Most providers verify details instantly.
Step 3
Send & track your transfer
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — sepa transfer typically takes hours to 1 day.
What you need to send money to Spain
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's name as registered on their European bank account
IBAN
IBAN (International Bank Account Number) — length varies by country (e.g. DE: 22 chars, FR: 27 chars, ES: 24 chars)
Example: DE89370400440532013000
BIC/SWIFT code
Optional8 or 11-character bank identifier code (optional for SEPA transfers within EU, required for SWIFT)
Example: COBADEFFXXX
Note: All Eurozone countries use IBAN for bank transfers. For SEPA transfers (the fastest and cheapest option), only the IBAN is required — the BIC/SWIFT code is optional. Each EU country has a different IBAN length and format.
Transfer examples: CAD to EUR
See how much your recipient would get for common transfer amounts.
Send C$500
ProviderFeeReceives
Remitly
0.62 · Minutes to 3-5 days
InstaReM
0.62 · 1-3 business days
TapTap Send
0.62 · Under 3 minutes (95% of transfers)
TD Bank
0.61 · 2-5 business days
Royal Bank of Canada
0.61 · 1-3 business days
BNC
0.61 · 1-3 business days
ProviderFeeRateReceivesSpeed
RemitlyFree0.62€312Minutes to 3-5 days
InstaReMFree0.62€3111-3 business days
TapTap SendFree0.62€311Under 3 minutes (95% of transfers)
TD BankFree0.61€3042-5 business days
Royal Bank of CanadaFree0.61€3041-3 business days
BNCC$5.950.61€3031-3 business days
Send C$1,000
ProviderFeeReceives
Remitly
0.62 · Minutes to 3-5 days
InstaReM
0.62 · 1-3 business days
TapTap Send
0.62 · Under 3 minutes (95% of transfers)
BNC
0.61 · 1-3 business days
TD Bank
0.61 · 2-5 business days
Xoom (PayPal)
0.61 · Minutes to 3 days
ProviderFeeRateReceivesSpeed
RemitlyFree0.62€623Minutes to 3-5 days
InstaReMFree0.62€6231-3 business days
TapTap SendFree0.62€622Under 3 minutes (95% of transfers)
BNCC$5.950.61€6091-3 business days
TD BankFree0.61€6082-5 business days
Xoom (PayPal)Free0.61€607Minutes to 3 days
Send C$5,000
ProviderFeeReceives
Remitly
0.62 · Minutes to 3-5 days
InstaReM
0.62 · 1-3 business days
TapTap Send
0.62 · Under 3 minutes (95% of transfers)
OFX
0.61 · 1-3 business days
BNC
0.61 · 1-3 business days
TD Bank
0.61 · 2-5 business days
ProviderFeeRateReceivesSpeed
RemitlyFree0.62€3,116Minutes to 3-5 days
InstaReMFree0.62€3,1141-3 business days
TapTap SendFree0.62€3,110Under 3 minutes (95% of transfers)
OFXC$15.000.61€3,0651-3 business days
BNCC$5.950.61€3,0601-3 business days
TD BankFree0.61€3,0412-5 business days
How much does it cost to send money from Canada to Spain?
Transfer fees from Canada to Spain vary by provider. Specialist services charge C$0–10 per transfer, while banks charge C$25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total EUR your recipient receives, not just the advertised fee.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically C$0–C$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (0.6264).
Ways to send money to Spain
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
SEPA is the gold standard for EUR transfers — it's faster and cheaper than SWIFT. If your provider offers SEPA routing, always choose it over SWIFT for European bank deposits.
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Credit Card
Higher costSpeed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
Google Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
How can my recipient receive money in Spain?
Your recipient in Spain can receive money through these delivery methods. The best option depends on their location and preferences.
SEPA Transfer
Hours to 1 day
Single Euro Payments Area transfer — the standard for EUR payments across 36 European countries. Fast, cheap, and reliable.
WiseRevolutRemitlyWorldRemit+2 more
SEPA Instant
Seconds
Real-time euro transfer available at participating banks. Delivers in under 10 seconds, 24/7.
WiseRevolut
SWIFT Transfer
1–3 business days
Traditional international wire transfer. More expensive and slower than SEPA but available for any bank globally.
OFXXEWestern Union
Cash Pickup
Minutes
Collect cash at agent locations across Europe.
Western UnionMoneyGram
What are the transfer limits and regulations for Spain?
Important rules and requirements to know before sending money to Spain.
Regulatory body
European Central Bank (ECB) / National regulators (BaFin, AMF, etc.)
Inbound transfer limits
No general restriction on receiving transfers within the EU/EEA
Documentation you may need
- Sender's government-issued ID
- Proof of address for large transfers
Important things to know
- SEPA transfers are capped at €999,999,999.99 per transaction — effectively unlimited for personal transfers.
- SEPA Instant is available at most major European banks but not all — check with the recipient's bank.
- Post-Brexit, GBP→EUR transfers from the UK may no longer route via SEPA at some banks, resulting in higher fees.
- EU anti-money-laundering regulations require enhanced due diligence for transfers over €10,000.
How long does it take to send money to Spain?
Most transfers from Canada to Spain arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Spain for a small premium.
FastExpress delivery
- RemitlyMinutes to 3-5 days
- TapTap SendUnder 3 minutes (95% of transfers)
- Xoom (PayPal)Minutes to 3 days
- PayPalInstant to 3 days
Standard delivery
- InstaReM1-3 business days
- BNC1-3 business days
- TD Bank2-5 business days
- Royal Bank of Canada1-3 business days
- OFX1-3 business days
Popular banks in Spain
These are the most commonly used banks for receiving international transfers in Spain.
BankSWIFT/BICNotes
Deutsche Bank (Germany)
DEUTDEFFXXX
BNP Paribas (France)
BNPAFRPPXXX
ING (Netherlands)
INGBNL2AXXX
Santander (Spain)
BSCHESMMXXX
UniCredit (Italy)
UNCRITMM
N26 (Germany)
—
CAD to EUR Exchange Rate History
Daily best exchange rates from top providers over the last 59 days. Rates shown are for sending $100.
| Date | PayPal | Xoom (PayPal) | TD Bank | Rbc | Bnc |
|---|---|---|---|---|---|
| Trend | |||||
| May 20 | 0.5983 | 0.5918 | 0.6082 | 0.6071 | 0.6127✓ |
| May 19 | 0.5988 | 0.5903 | 0.6068 | 0.6061 | 0.6107✓ |
| May 18 | 0.5988 | 0.5909 | 0.6076 | 0.6067 | 0.6107✓ |
| May 17 | 0.5988 | 0.5911 | 0.6076 | 0.6062 | 0.6106✓ |
| May 16 | 0.5988 | 0.5911 | 0.6076 | 0.6062 | 0.6115✓ |
| May 15 | 0.5973 | 0.5906 | 0.6070 | 0.6062 | 0.6106✓ |
| May 14 | 0.5972 | 0.5888 | 0.6057 | 0.6045 | 0.6101✓ |
| May 13 | 0.5955 | 0.5879 | 0.6049 | 0.6027 | 0.6074✓ |
| May 12 | 0.5956 | 0.5867 | 0.6036 | 0.6019 | 0.6079✓ |
| May 11 | 0.5945 | 0.5864 | 0.6035 | 0.6015 | 0.6087✓ |
| May 10 | 0.5943 | 0.5862 | 0.6027 | 0.6020 | 0.6087✓ |
| May 9 | 0.5943 | 0.5862 | 0.6027 | 0.6020 | 0.6087✓ |
| May 8 | 0.5976 | 0.5896 | 0.6062 | 0.6051 | 0.6098✓ |
| May 7 | 0.5984 | 0.5895 | 0.6057 | 0.6052 | 0.6065✓ |
| May 6 | 0.6013 | 0.5927 | 0.6090 | 0.6099 | 0.6142✓ |
| May 4 | 0.6002 | 0.6065 | 0.6094 | 0.6087 | 0.6131✓ |
| May 3 | 0.6003 | 0.6065 | 0.6098 | 0.6087 | 0.6134✓ |
| May 2 | 0.6003 | 0.6065 | 0.6098 | 0.6087 | 0.6134✓ |
| May 1 | 0.5995 | 0.6066 | 0.6097 | 0.6100 | 0.6124✓ |
| Apr 30 | 0.5989 | 0.6047 | 0.6085 | 0.6052 | 0.6123✓ |
| Apr 29 | 0.5987 | 0.6026 | 0.6062 | 0.6065 | 0.6117✓ |
| Apr 28 | 0.5986 | 0.6048 | 0.6081 | 0.6068 | 0.6137✓ |
| Apr 27 | 0.5979 | 0.6028 | 0.6062 | 0.6058 | 0.6104✓ |
| Apr 26 | 0.5981 | 0.6032 | 0.6064 | 0.6055 | 0.6105✓ |
| Apr 25 | 0.5981 | 0.6032 | 0.6064 | 0.6055 | 0.6101✓ |
| Apr 24 | 0.5970 | 0.6045 | 0.6067 | 0.6058 | 0.6112✓ |
| Apr 23 | 0.5960 | 0.6019 | 0.6070 | 0.6064 | 0.6104✓ |
| Apr 22 | 0.5960 | 0.6017 | 0.6055 | 0.6047 | 0.6097✓ |
| Apr 21 | 0.5952 | 0.6006 | 0.6043 | 0.6037 | 0.6076✓ |
| Apr 20 | 0.5925 | 0.5991 | 0.6029 | 0.6005 | 0.6058✓ |
| Apr 19 | 0.5928 | 0.5997 | 0.6035 | 0.6023 | 0.6057✓ |
| Apr 18 | 0.5928 | 0.5997 | 0.6035 | 0.6023 | 0.6069✓ |
| Apr 17 | 0.5916 | 0.5984 | 0.6022 | 0.6004 | 0.6069✓ |
| Apr 16 | 0.5906 | 0.5962 | 0.5999 | 0.5989 | 0.6036✓ |
| Apr 15 | 0.5902 | 0.5949 | 0.5987 | 0.6023✓ | 0.6017 |
| Apr 14 | 0.5913 | 0.5959 | 0.5992 | 0.5988 | 0.6033✓ |
| Apr 13 | 0.5910 | 0.5954 | 0.6000 | 0.5961 | 0.6044✓ |
| Apr 12 | 0.5909 | 0.5954 | 0.5988 | 0.5976 | 0.6031✓ |
| Apr 11 | 0.5909 | 0.5954 | 0.5988 | 0.5976 | 0.6007✓ |
| Apr 10 | 0.5927 | 0.5975 | 0.6013 | 0.6007 | 0.6044✓ |
| Apr 9 | 0.5913 | 0.5983 | 0.6017 | 0.6001 | 0.6031✓ |
| Apr 8 | 0.5963 | 0.6006 | 0.6010 | 0.6049✓ | 0.6040 |
| Apr 7 | 0.5959 | 0.6015 | 0.6049 | 0.6031 | 0.6078✓ |
| Apr 6 | 0.5965 | 0.5999 | 0.6043 | 0.6040 | 0.6089✓ |
| Apr 5 | 0.5966 | 0.6013 | 0.6046 | 0.6035 | 0.6096✓ |
| Apr 4 | 0.5966 | 0.6013 | 0.6046 | 0.6032 | 0.6096✓ |
| Apr 3 | 0.5965 | 0.6015 | 0.6049 | 0.6034 | 0.6099✓ |
| Apr 2 | 0.5943 | 0.6025 | 0.6049 | 0.6037 | 0.6094✓ |
| Apr 1 | 0.5965 | 0.6014 | 0.6042 | 0.6026 | 0.6062✓ |
| Mar 31 | 0.5998 | 0.6043 | 0.6042 | 0.6050 | 0.6078✓ |
| Mar 30 | 0.5989 | 0.6036 | 0.6080 | 0.6077 | 0.6129✓ |
| Mar 29 | 0.5993 | 0.6040 | 0.6080 | 0.6065 | 0.6139✓ |
| Mar 28 | 0.5996 | 0.6050 | 0.6068 | 0.6057 | 0.6127✓ |
| Mar 18 | 0.6068 | 0.6114 | 0.6145 | 0.6149 | 0.6200✓ |
| Mar 17 | 0.6088 | 0.6135 | 0.6169 | 0.6196 | 0.6223✓ |
| Mar 16 | 0.6083 | 0.6155 | 0.6152 | 0.6167 | 0.6202✓ |
| Mar 15 | 0.6095 | 0.6167 | 0.6193 | 0.6181 | 0.6237✓ |
| Mar 14 | 0.6095 | 0.6167 | 0.6193 | 0.6181 | 0.6237✓ |
| Mar 13 | 0.6095 | 0.6167 | 0.6193 | 0.6181 | 0.6250✓ |
Common questions about sending money from Canada to Spain
What is the cheapest way to send money from Canada to Spain?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Canada to Spain?
Most specialist providers deliver to Spain within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send C$1,000 from Canada to Spain?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much EUR your recipient would receive from a C$1,000 transfer today.
Can I send money from Canada to Spain online?
Yes, all the providers we compare support online transfers from Canada to Spain. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Spain?
Money transfer services are almost always cheaper. Banks typically charge C$25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge C$0–10 with markups under 1%, saving you significantly on every transfer to Spain.
Everything about sending money to Spain
Recipient requirements, delivery methods, regulations, popular banks, and more.
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