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How to send money to the Philippines

Need to send money to the Philippines? Find a simple, affordable way move your money internationally.

When you need to get money overseas, the last thing you want to deal with is navigating a potentially complicated and expensive process. Maybe your family in Manila needs help or you’re expanding your business into Cebu City — personal or business, sending money from the US to the Philippines doesn’t need to be expensive.

From bank transfers and online transactions to cash pickups within minutes, you’ll want to compare the transfer fees and exchange rates of the many options available to you to get the best deal.

WorldRemit International Money Transfers

WorldRemit International Money Transfers

Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.

Your first transfer is free with the code FREE.

  • Low upfront fees and exchange rates.
  • Easy to use with round-the-clock help.
  • Get cash to family and friends in minutes.

    Compare international money transfer services to the Philippines

    Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds to the Philippines with a money transfer service.

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    Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

    With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

    • Buying property abroad
    • Emigrating
    • Regular overseas payments
    • Risk management
    • Forecasting

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
    World First Foreign Exchange
    USD 1,000 1 day USD 0.00 49.646 Online PHP 248,228 Exclusive offer: $0 transfer fee
    No-limit transfers with competitive exchange rates for more than 100 currencies.
    Go to site View details
    WorldRemit International Money Transfers
    USD 1 Within an hour USD 4.99 49.412 Online, Bank Account to Bank Account, Cash Transfer PHP 246,812 Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site View details
    TransferWise International Money Transfers
    USD 1 1 day USD 1.00 49.755 Online PHP 248,725 Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site View details
    OFX International Money Transfers
    USD 150 1 day USD 0.00 49.561 Online, Bank Account to Bank Account PHP 247,805 Send safe, no-limit transfers with no fees and competitive exchange rates. Go to site View details
    Do you send money often? Track this rate with tailored alerts direct to your inbox

    Compare up to 4 providers

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    Sending money to the Philippines

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    How do international money transfers work?

    An international money transfer allows you to send money to friends, family and businesses overseas. Generally, it involves you sending cash or money from your bank account to an intermediary transfer service or bank, which then exchanges and sends the money to your recipient in another country — in this case, the Philippines.

    Depending on the provider, you can initiate a money transfer in person, online or by phone. Your cash or bank account transfer is then either deposited into your recipient’s bank account or made available as cash for pickup at a location in their country.

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    Sending money to the Philippines

    When sending money overseas, you’ll usually need to create a free account with a money transfer provider. The process varies by company but generally requires you to provide your name, contact information and proof of identity. If you’re not paying for your transaction with cash, you’ll also provide your banking info in order to have the funds withdrawn from your account.

    Once you’ve selected a payment option and entered the full details of your transfer, you make your transaction and wait for the funds to arrive. You’ll most likely receive a reference number or receipt that you can use to track the progress of your transfer.

    Laws and legal documents when transferring large sums of money into the Philippines

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    Foreign exchange rates explained
    An exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. Most countries’ exchange rates are flexible, which means they can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.
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    Banks versus money transfer companies

    Many major US banks offer the option to send funds to the Philippines, but they typically charge high transfer fees and offer exchange rates that are significantly lower than the mid-market rate — or the rate banks and transfer providers use when trading among themselves.

    A reputable money transfer specialist can often offer better exchange rates and also charge lower fees, saving you money and putting more Philippine pesos into your recipient’s pocket.

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    How to compare transfer companies when sending money to the Philippines

    • Exchange ratesNearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
    • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free transfer.
    • Transfer speed.  If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you’ve more time, you’ll get better rates and fees with an independent provider.
    • Transfer limits. Your best option might depend on how much you want to send. For large transfers, weigh the best exchange rate — especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
    • “Hedging” options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract
    • Delivery options. Can the cash be collected from a transfer agent, or will it be deposited into your recipient’s Philippines bank account?
    • Customer service. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.

    How to set up a business entity in the Philippines

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    Case study: Manny sends money to the Philippines

    While Manny has forged a successful life for himself in Seattle, he maintains regular contact with his grandparents in his home city of Manila. Manny wants to send $1,000 to his grandparents to help pay for a well-deserved vacation, but he doesn’t want to lose a big chunk of his money on the weak exchange rate offered at his bank. He compare two popular money transfer companies to see if he can find a more affordable option.

    Money transfer service A
    Money transfer service B
    Exchange rate1 USD = 45.265 PHP1 USD = 46.207 PHP
    Transfer fee$5$4
    Transfer methodBank account depositBank account deposit
    Transfer speed
    3–5 business days1 business day
    Total pesos received
    45,265 PHP46,207 PHP

    While it will take longer for his grandparents to receive the money with service A, they’d receive nearly 950 pesos more than with service B. For Manny, the extra money by waiting a few days is worth it to Manny.

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    What are the ways that I can send money to the Philippines?

      • Bank transfers. Bank-to-bank transfers may cost more than other options, but they are a secure way to send money to the Philippines.
      • Money transfer providers. Companies like World First, OFX and WorldRemit offer affordable international transfers online.
    Because World First is a trusted partner of finder.com, you can avoid fees on all qualifying transfers. Enjoy competitive exchange rates and pay $0 in fees by initiating an exclusive transfer through our site.
    • Providers with cash pickup. MoneyGram, Western Union and Ria offer fast transfers to the Philippines.
    • PayPal. PayPal offers secure international transfers from the US to the Philippines.
    • Checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or US Postal Service.
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    • Emergency cash transfers to the Philippines

    You might need to send an emergency cash transfer to the Philippines — for example, if a friend traveling through the country loses their wallet. When you need to transfer funds urgently, your fastest possible transfer will often be your most expensive option. Carefully review the exchange rate and transfer fee against your needs so that you understand exactly how much it will cost you.
    Find a money transfer location near you

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    Tips for picking up cash in the Philippines
    • Check an agent’s location and hours of operation before visiting.
    • Avoid visiting any unsafe areas.
    • Don’t wave your cash around in public and make yourself a target for thieves.
    • Don’t carry large sums of money around for any longer than is necessary.
    • Deposit the money into your bank account as soon as possible.

    Cash pickup locations in Philippines

    Worldremit

    CEBUANA LHULLIER
    Address: 162 A. Arnaiz Ave. Cor. Hidalgo St., 66 Zone 8, Pasay, 1300 Metro Manila
    Hours: 8:00 AM – 5:00 PM
    Phone: +63-2-892 1683

    M LHULLIER
    Address: 102, Zen Towers, 1111 Natividad Lopez St, 654 Ermita, Manila, 1000 Metro Manila
    Hours: 8:00 AM – 5:00 PM
    Phone: +63-2-559 9039

    M. LHULLIER KWARTA PADALA
    Address: Central Building , P. A. Bernardo, San Martin De Pores , 1111 Quezon City , Metro Manila
    Hours: 8:00 AM – 5:00 PM
    Phone: +63-2-376 6386

    Moneygram

    BANCO DE ORO – #467 – SALES ST – RAON
    Address: 545 Sales St. Cor. G Puyat St (Raon) 1016 Sta Cruz Manila
    Hours: 8:30 AM – 5:30 PM
    Phone: +63-2-716 7331

    BANK OF COMMERCE
    Address: Victoria Bldg UN Avenue Manila
    Hours: 9:00 AM – 4:00 PM
    Phone: +63-2-526 0222

    CEBUANA LHUILLIER
    Address: 624 P Paterno St Quiapo Manila Metro Manila, 1000
    Hours: 8:00 AM – 5:00 PM
    Phone: +63-2-899 6208

    Western Union

    PETNET-RIZAL AVENUE EXT.
    Address: Rizal Avenue Exit Grace Park 1695 Barangay 072 District 2 Kaloocan, National Capital Region 1400
    Hours: 9:00 AM – 6:00 PM
    Phone: +63-2-962 4203

    USSC SERVICE STORE – TIMES PLA
    Address: Un Ave Cor Gen Luna St Gf Times Manila, National Capital Region 1000
    Hours:
    8:00 AM – 7:00 PM
    Phone:
    +63-2-525 8887

    USSC SERVICE STORE SHAW CENTER
    Address: 360 Shaw Blvd Addition Hills Unit 330 Shaw Center Mall Mandaluyong, National Capital Region 1552
    Hours: 9:00 AM – 9:00 PM
    Phone: +63-2-654 9725

    Worldremit

    CEBUANA LHULLIER PERA PADALA
    Address: Ayala Center Cebu, 176 Archbishop Reyes Ave. Cebu Business Park, Cebu City, 6000 Cebu
    Hours: 9:00 AM – 5:00 PM
    Phone: +63-32-231 5342

    M. LHULLIER PAWNSHOP
    Address: V Rama Ave, Cebu City, Cebu
    Hours: 9:00 AM – 5:00 PM
    Phone: +63-32-253 2544

    BANCO DE ORO
    Address: N Escario St, Cebu City, Cebu
    Hours: 9:00 AM – 5:30 PM
    Phone: +63-32-254 0482

    Moneygram

    CEBUANA LHUILLIER – #61044 – Barrio Luz
    Address: Arch. Reyes St. Brgy. Barrio Luz Cabantan Cebu City, 6000
    Hours: 8:00 AM – 8:00 PM
    Phone: +63-32-899 6208

    CEBUANA LHUILLIER – #60954 – BANAWA
    Address: Unit II-1A & 1B R. Duterte Street Banawa Cebu, 6000
    Hours: 8:30 AM – 5:30 PM
    Phone: +63-32-899 6208

    CEBUANA LHUILLIER
    Address: Eastern Poblacion Pror Camotes Camotes Island Cebu Poro CAamotes Cebu, 6000
    Hours: 7:30 AM – 6:30 PM
    Phone: +63-32-899 6208

    Western Union

    CEBU GOLD PACIFIC PAWNSHOP
    Address: S Duterte Street Poblacion Danao, Cebu 6004
    Hours: 8:00 AM – 6:00 PM
    Phone: +63-32-512 2542

    PETNET-BALAMBAN
    Address: Sta Cruz Poblacion 774 Balamban Balamban, Cebu 6041
    Hours: 8:00 AM – 6:00 PM
    Phone: +63-32-233 1514

    USSC SERVICE STORE DANAO GAISA
    Address: Gaisano Danao Ground Floor Danao, Cebu 6004
    Hours: 9:00 AM – 8:00 PM
    Phone: +63-32-449 2973

    Worldremit

    M LHULLIER
    Address: 176 San Pedro St, Poblacion District, Davao City, 8000 Davao del Sur
    Hours: 9:00AM – 5:00 PM
    Phone: +63-82-222 3964

    CEBUANA LHUILLIER
    Address: J.P. Laurel Avenue, Davao City, 8000, Davao del Sur
    Hours: 9:00 AM – 5:00 PM
    Phone: +63-82-222 0949

    BANCO DE ORO
    Address: 383 Claro M. Recto St, Claro M. Recto Ave, Poblacion District, Davao City, Davao del Sur
    Hours: 9:00 AM – 5:00 PM
    Phone: +63-82-221 0671

    Moneygram

    CEBUANA LHUILLIER – CLH PIAPI
    Address: 117 B Osmena Blvd Piapi Davao City, 8000
    Hours: 8:30 AM – 7:30 PM
    Phone: +63-82-779 9800

    PALAWAN PAWNSHOP – MALITA
    Address: Brgy Polacion Malita Davao Occidental, 8012
    Hours: 8:00 AM – 5:30 PM
    Phone: +63-82-434 8596

    METROBANK – #667 – DAVAO-DOCTOS
    Address: Davao Doctors Medical Tower Quirino Avenue Davao City, 8000
    Hours: 9:00 AM – 4:30 PM
    Phone: +63-82-224 4347

    Western Union

    DE LEON PAWNSHOP
    Address: Rizal Avenue Zone 2 Digos, Davao Del Sur 8002
    Hours: 8:00 AM – 6:00 PM
    Phone: +63-82-553 7452

    PETNET INC
    Address: Rizal Avenue Ground Floor 2109 Digos, Davao Del Sur 8002
    Hours: 8:00 AM – 4:30 PM
    Phone: +63-82-2721240

    RURAL BANK OF DIGOS
    Address: Rizal Avenue Digos, Davao Del Sur 8002
    Hours: 9:00 AM – 5:00 PM
    Phone: +63-82-5532691

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    World First Foreign Exchange

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    No-limit transfers with competitive exchange rates for more than 100 currencies.

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    Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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