Send money to Italy effectively

Stop settling for high fees and bad exchange rates when sending cash to Italy.


Fact checked

If you’ve been sending Philippine pesos to Italy without much thought for what company or bank you use, chances are your money isn’t working as hard as it could be.

Because of the large number of money transfer services in the market today, you can send money faster, cheaper and with more options than you can with many banks.

In fact in the example below, we should you how you could send money to Italy and save an extra 9 EUR on a transfer of $1,000

Find the right transfer service for you in the table below

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
PHP 1 1 - 2 days PHP 0.00 0.018 EUR
WorldRemit Philippines lets you use your debit, credit or pre-paid card to send instant mobile airtime top-ups. Go to site Show details
USD 1 1 day PHP 210.00 0.017 EUR
Easily transfer cash to more than 350,000 locations around the world. Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Send more Euros to Italy by selecting the right transfer company

Heather Transfers Funds to Italy

Alessandra is considering moving from her home in Italy to Manila to live with a friend she met university. The trouble is she still has student loans to pay and will need to find a secure way to make these payments.

Knowing her parents will accept transfers and make the deposit for her, Alessandra decides to check the money transfer options she will have while in Manila by seeing how many Euros (EUR) her parents will receive for every Php50,000 that she sends.

Philippine BankMoney Transfer Company
Exchange rate1 PHP = 0.01608 EUR1 PHP = 0.02 EUR
Transfer feePHPPHP
Amount in EUR received for Php50,000EUREUR
Transfer timeUsually 2 business days1 – 3 business days
Transfer optionsbank transferbank transfer
Difference+ EUR

Using a money transfer service saves Alessandra an extra ___ EUR, which amounts to a saving of ___ EUR over the course of the year (she makes 12 payments).


Get the most out of your transfer with these hints

There are a few points that need to be considered when comparing money transfer options:

  • Exchange rate. The exchange rate looks similar but once you see it applied to a large amount of money it is obvious how small changes in the decimal amount can make a difference.
  • Transfer fee. The transfer fees between different organizations differ significantly and need to be measured against the exchange rate offered. It is important to take into account that this fee is not necessarily the full fee charged.
  • Transfer options. Banks offer cash pick-up options as well as international money orders and bank-to-bank transfers. They also have a bill-pay option that can be used to send the money directly to a recipient.
  • Transfer time. Some money transfer services can have funds available within minutes. On the other side of the spectrum some services can take up to five business days.
  • Customer service. If planning on sending money to Italy on a regular basis, it is a good idea to check into dispute resolution processes for the institution you choose in case there is an error or delay with your transfer.
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How to send money to Italy from the Philippines

You will find a number of options available for sending money from the Philippines to Italy:

  • MoneyGram. MoneyGram offers cash pick-up only for recipients in Italy.
  • OFX. OFX offers a range of options for sending money to Italy if you’re sending more than PHP50,000.
  • Western Union. For money transfers to Italy, Western Union allows for both cash pick up and bank transfers.
  • TransferWise. TransferWise uses a unique peer-to-peer lending system to ensure you get the best deal when sending money to Italy.
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Get your hands on emergency cash while in Italy

Italy is a popular travel destination for Filipinos. If you find yourself in sudden need of cash due to a loss or robbery, you have a few options to consider:

  • Travel insurance. Travel insurance cover will usually include provisions for providing emergency cash. Make sure to save any supporting documentation such as any police reports for use when you file a claim.
  • Transfer service. A Filipino does not need to be a resident of Italy to pick up cash at a transfer company agency. Just make sure you have your identification and details of the transfer.
  • Credit card. A number of credit card companies also include complimentary international travel cover for cardholders. With this cover the insurer may be able to send a cash advance in the event of an emergency.
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Find a cash pick up location in Italy with this brief list

Below are listed some of the cash pick up locations you will find in Italy for Western Union and MoneyGram, two of the agencies that offer the service. Before you go to the agency to pick up cash, it’s a good idea to call ahead to verify the hours and that they have the cash on hand to fulfil your request.

Western Union

  • Rome

    Tamburro Fortuna

    Via Pollio 50 Interno Cc Auschan
    Roma, Rm 159
    Open seven days a week from 9am to 9pm

  • Banco Popolare Di Milano

    Piazza Della Repubblica 54

    Roma, Rm 185


    Open Monday through Saturday 8:30am to 4pm. Closed on Sunday

  • Naples

    New Star

    Box Interno Stazione Ferroviaria

    Piazza Garibaldi Snc

    Napoli, Na 80100


    Open seven days a week from 9am to 7pm.

  • Nuvola Grigia Di Errico Guido E C SAS

    Corso Vittoriio Emanuele Int Staz Fs

    Napoli, Napoli 80100


    Open Monday through Saturday 7am to 7:30pm. Closed on Sunday


  • Rome

    Global Expert SRL

    Via Modena 48

    Roma, 00184


    Open Seven days a week from 9am to 8 pm.

  • Poste Italiane #55195

    Via Terme Di Diocliziano 30

    Roma, 00185


    Open Monday through Saturday 7:30am to 8pm. Sunday closed.

  • Naples

    Ricafrente Servizi

    Piazza Garibaldi 80
    Napoli, 80142
    Open seven days a week from 9am to 6pm.

  • Sikander Hayat

    Via Antonio Ranieri 10
    Napoli, 80139
    Open Seven days a week from 8:30am to 10pm.

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Tips for picking up cash in Italy

When picking up cash, it is advisable to be extra vigilant and to travel to and from the agency using reliable and well-known means of transportation. Have your photo identification with you as well as the tracking number for the transfer.

If you choose the money transfer option to send money to Italy from the Philippines your recipient is going to need the following information when arriving at the agency:

  • Contact information. Your name and location to verify the transaction.
  • Tracking code. Each money transfer is given a special code which the beneficiary must supply on pick up.
  • Amount sent. The agent will also ask how much money they are expecting to receive.
  • Photo identification. It is important that names exactly match photo identification.

At the conclusion of your transaction you will be given documents with the tracking number. Save these documents after sharing that number with the beneficiary in case there is a problem with the transfer.

There are a number of reasons why Filipino nationals and Italian immigrants would have reason to send money from the Philippines to Italy. It is important that you consider your circumstance when comparing the various options to make sure that the one you choose is giving you the best value for your money.

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