Compare Kutxabank euro currency transfer options to/from Spain. You can beat Kutxabank euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
International currency transfers to or from your Kutxabank account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 4.5% and additional bank transaction or commission fees may apply.
Kutxabank international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Sending foreign currency to or from your Kutxabank 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 Kutxabank services would have a transaction exchange rate margin of around 4.5% – or 4,500 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.
For individuals who need to move money overseas from their Kutxabank 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
International money transfers from Kutxabank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Kutxabank account holder to use their services. Kutxabank 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, Kutxabank’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.
Kutxabank was created in 2012 after the merger of three Spanish financial companies being Bilbao Bizkaia Kutxa, Gipuzkoa Donostia Kutxa and Caja Vital Kutxa. Kutxabank serves local Spanish customers through financial centres and banking branches throughout Spain.
Find Kutxabank 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 Kutxabank branches in your search area results.
You can find answers to everyday banking questions at Kutxabank online. If you can’t find the answer you’re looking for, you can call them from outside Spain on +39 94 600 55 00
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers