🇪🇸→🇩🇪
Send Money from Spain to Germany
Spanish companies and importers paying Germany suppliers. Send EUR from Spain, receive EUR in Germany with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local EUR collection + local EUR delivery = no correspondent bank fees
Save £1,525 per £100k Payment
Spain to Germany corridor savings
Traditional Bank
£2,030
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local EUR collection
- ✓ Transparent 0.5% spread
- ✓ SEPA Instant Credit Transfer
Your Savings
75%
£1,525 per £100k
At £300k-£3M monthly, save £3,816/year
Sending from Spain: What You Need to Know
EUR Origin Specifics
- Spain uses EUR currency
- SEPA instant payment network
- GDPR compliance required
Your Local Advantages
- Local EUR account available
- SEPA (Single Euro Payments Area) instant collection
- No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.
Paying Suppliers in Germany: Compliance & Requirements
Regulatory Considerations
- BaFin (Federal Financial Supervisory Authority) regulations
- VAT (19%) documentation required for B2B transactions
- Strict invoice requirements (must include tax ID, buyer details)
- SEPA compliance for EUR payments
Payment Best Practices
- Germany = Manufacturing powerhouse, strict quality standards
- Use SEPA Instant for same-day settlement vs 2-3 day SWIFT
- German suppliers expect precise documentation and timely payment
- Mittelstand (mid-sized) companies dominate supply chains
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SEPA Instant Credit Transfer
Spain → Germany Corridor Insights
Popular Industries
- Automotive
- Machinery
- Chemical Manufacturing
Peak Trading Hours
CET (GMT+1) to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send EUR from Spain to Germany?
Save 75% on every payment with t+0 (2.3s avg within unicorn network). Local EUR collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB