More than 200,000 Peruvians live in Spain, and many of them send money to their families in Peru on a regular basis. Whether it's to cover household expenses, support parents, or pay for their children's education, Spain-to-Peru remittances are one of the most important corridors for the Latin American migrant community in Europe.
In this guide, we explain how to send money to Peru from Spain quickly, securely, and without overpaying.
What do you need to send money to Peru from Spain?
To make an international transfer to Peru, you need:
- Your identification details (NIE, passport, or national ID)
- Recipient details in Peru: full name, bank account number or CCI (Interbank Account Code), and bank name
- Payment method in Spain: Spanish bank account, debit or credit card (depending on the platform)
Methods for sending money to Peru from Spain
Digital remittance apps (like Retorna)
This is the fastest, most affordable, and most convenient option. You can send money from your phone in less than 5 minutes, without having to visit a bank or agency. The money arrives directly in your family member's bank account in Peru.
Advantages: transparent exchange rates, no hidden fees, real-time tracking, and 24/7 availability.
Spanish banks (SWIFT)
Some banks allow international transfers from Spain to Peru, but the process can be slow (up to 5 business days), with high fees and unfavorable exchange rates.
Currency exchange offices or money transfer shops
These still exist in some cities, but they are being replaced by digital apps due to their higher costs and lack of convenience.
Banks that receive international transfers in Peru
The main banks in Peru that receive remittances from abroad are:
- BCP (Banco de Crédito del Perú)
- Interbank
- BBVA Peru
- Scotiabank Peru
- BanBif
Each bank has its own CCI (Interbank Account Code), which is the number you must use for transfers between banks or from abroad. Make sure to ask your family member for this number, not just their account number.
How much does it cost to send money to Peru from Spain?
How long does it take for the money to arrive in Peru?
With Retorna, transfers from Spain can arrive in Peru in minutes. With traditional banks, it can take between 2 and 5 business days depending on the intermediaries.
If you need it to arrive quickly—for an emergency, for Mother's Day, or simply because you want your family to have it soon—a digital app is the best option.
Conclusion
Sending money to Peru from Spain is becoming easier and more affordable thanks to digital remittance apps. With Retorna, you can do it from your phone in minutes, with total transparency in the exchange rate and no hidden fees.
If you have family in Peru and live in Spain, you already have everything you need to get started.
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Do you want to see all the options for countries from which you can send money with Retorna? Read this article: Countries from which you can send and receive money with Retorna – updated guide
Do you have questions about the payment methods available in your country? Check out: Payment methods on Retorna by country: what options you have and how to use them easily
❓ Frequently Asked Questions (SEO FAQ)
What is the fastest way to send money to Peru from Spain?
The fastest way is to use a digital remittance app like Retorna. Transfers are processed in minutes, directly from your phone, with no need to visit a branch or bank.
What is the CCI and what is it used for when sending money to Peru?
The CCI (Código de Cuenta Interbancario) is the 20-digit number that identifies a bank account in Peru for transfers between different banks or from abroad. It is essential to ask your family member for this number, not just their standard account number.
How much does it cost to send money to Peru from Spain using a Spanish bank?
Spanish banks charge fixed fees that can range from 15 to 50 euros per SWIFT transfer, plus an unfavorable exchange rate spread. In total, they can charge between 5% and 10% of the amount sent.
How long does a SWIFT transfer from Spain to Peru take?
SWIFT bank transfers from Spain to Peru can take between 2 and 5 business days, depending on the intermediary banks involved in the transaction.
Do I need a Spanish bank account to send money with Retorna from Spain?
It depends on the payment method available in your country. In Spain, Retorna accepts debit or credit cards and bank transfers. Check the updated payment methods directly in the app.
Your money arrives in a heartbeat
With Retorna, your transfers arrive in minutes. It's as easy as sending a WhatsApp message. Send money in just a few clicks—fast, secure, and hassle-free.