How much money can you send abroad from Spain? Complete and up-to-date guide

How much money can you send abroad from Spain?

Fast response: In Spain, there is no maximum limit for sending money abroad., but transfers greater than 10,000€ must be declared to the Treasury and, if they are in cash, also to Customs.

Now yes, let's go with the complete guide.

Index of contents

1. Is there a maximum limit for sending money?
2. When do you have to declare shipments abroad
3. Limits if you send cash
4. Methods to send money abroad from Spain
5. How to choose a safe and affordable service
6. Retorna: a modern and transparent alternative
7. FAQs

Is there a maximum limit for sending money abroad from Spain?

In Spain There is no legal maximum limit if you send money abroad through banks or regulated platforms.

Money can be sent without restrictions as long as:

• The origin of the money is legal.
• Declare certain movements when required by law.

This guarantees transparency and complies with the standards of prevention of money laundering.

When do you have to declare shipments abroad

The obligation depends on the amount:

✔ Up to €10,000

There is no need to declare anything.

✔ More than 10,000€

You must submit the Model S1 to the Tax Agency to report the transaction.

It is a procedure merely informational, does not involve paying additional taxes.

✔ Periodic shipments

If you ship several times a year and they add up more than 10,000€, it is also advisable to declare it.

Limits if you send cash

Cash has stricter rules:

• More than 10,000€ entering or leaving Spain: You must declare it in Customs (Model S1).
• More than 100,000€ circulating within Spain: it must also be declared.

For safety and convenience, authorities recommend using digital media for large quantities.

Methods to send money abroad from Spain

Here are the most commonly used options, with their advantages:

1. International Bank Transfers (SWIFT)

• Suitable for large amounts.
• Higher fees.
• Deadlines of 2 to 5 days.

2. Online money transfer platforms

• Faster and cheaper.
• Clear rates before shipping.
• They tend to offer better exchange rates.

(Here the subtle reference fits)

Many people already prefer modern and transparent platforms that allow you to send money with complete clarity in terms of fees and times.

3. Remittance companies

• Ideal for small or frequent shipments.
• Practices for those looking for speed.

4. Cash delivery

• Not recommended due to risks and legal requirements.
• It must be declared within the limits mentioned.

How to choose a safe and affordable service

Before you decide, review:

• Commission transparency (including exchange rate).
• Regulation in Spain or the European Union.
• Time of delivery of the money.
• Reviews from real users.
• Clear and accessible customer support.

Looking for a service that provides clarity, security and that even makes you feel that your money is well taken care of is key.

Retorna: a modern and transparent alternative

If you are looking for a more current and user-focused experience, you can consider options that work with complete clarity on commissions and processes.

Services such as Return, which operate in a simple, secure way and designed for people who send money to their families, allow international transfers to be made without complications and with a more human experience.

The official page is:

👉 Retorna platform for international shipping

FAQs

Can I send more than 50,000€?

Yes. You just have to justify the origin of the money and submit the Model S1 if applicable.

Do I have to pay taxes to send money abroad?

No. It is only mandatory to report certain movements, not to pay taxes for shipping.

Is it safe to send money through online platforms?

Yes, as long as they are Regulated, have European licenses and be transparent about the cost.

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