Quarterly market share of outgoing remittance brands in Spain 2011-2023
MoneyGram was used the most for outgoing remittances from Spain in 2023, making up about one in four remittances. This is according to a custom-made calculation from Statista, based on the number of reported remittance channels going away from Spain. The three countries to which Spain sends the highest value of remittances are France, Morocco, and Romania. Remittances are a relatively uncharted topic, though. While figures exist on the total traffic between individual countries ("corridors"), exact numbers on how much of this comes from banks, money transfer organizations (MTOs), or digital sources (blockchain, etc.) is typically not known. All figures on remittances are therefore estimates.