BANCO SANTANDER EURO vs GBP/USD EXCHANGE RATES
Compare Banco Santander euro currency transfer options to/from Spain. You can beat Banco Santander euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
| Banco Santander | EUR to GBP | EUR to USD | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.836 to £0.839 | $1.09 to $1.094 |  |  | |
| TorFX | £0.839 | $1.094 |  | | |
| Wise | £0.84 to £0.841 | $1.095 to $1.096 |  | | |
| Banco Santander | £0.802 | $1.046 | |  |  |
Banco Santander International Money Transfers
International currency transfers to or from your Banco Santander account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 5.0% and additional bank transaction or commission fees may apply.
Banco Santander international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Currency Transfer Alternatives – Banco Santander
Sending foreign currency to or from your Banco Santander account in Spain needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 100,000 euros (EUR) using Banco Santander services would have a transaction exchange rate margin of around 5.0% – or 5,000 EUR. Using a specialist broker, in this example Currencies Direct – the exchange rate margin would work out at between 0.7 to 1.0% – or only 700 to 1,000 EUR in total, which is a large saving over the bank service.
Banco Santander Money Transfers for Expats in Spain
For individuals who need to move money overseas from their Banco Santander account, foreign exchange specialists Currencies Direct operate several local Spanish offices (including representation in Alicante, Fuengirola, La Marina de San Fulgencio, La Zenia, Malaga, Mallorca, Marbella, Mojácar, Moraira, Murcia, Tenerife and Valencia). For a full list please skip to: Currencies Direct in Spain
Banco Santander – Other Useful Information
International money transfers from Banco Santander could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Banco Santander account holder to use their services. Banco Santander may charge a commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of 5000 euro.
Unless you pay a premium, Banco Santander’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Banco Santander, Spain – About
Banco Santander (part of the Santander Group) was created in 1857 and is one of the largest banks in Spain. Banco Santander has over 14 million customers in Spain served from over 4,000 local banking branches.
Banco Santander branch finder
Find Banco Santander branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Banco Santander branches in your search area results.
Contact Banco Santander from abroad
You can find answers to everyday banking questions at Banco Santander online. If you can’t find the answer you’re looking for, you can call them from outside Spain on +39 915 123 123
Banco Santander – Head office address
Banco Santander S.A – Paseo de Pereda, 9-12, 39004 Santander, Spain
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
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