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The best way to send money to the Philippines involves comparing providers to find one that fits your budget and needs. Shop around with a few digital specialists to find the best deal on your next transfer.
Send money to the Philippines with Azimo
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.
- Send money to bank accounts, phones or cash pick-up locations
- Most transfers take less than a day
- Send money to 195 countries in 60 different currencies
Compare money transfer services that send money 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.
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
What's in this guide?
What's the best way to send money to the Philippines?
To help you narrow down the best, we've dug through the details of many leading money transfer companies. Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to the Philippines.
- Digital money transfer specialists - Companies like Wise, OFX and XE are great ways to send money to the Philippines. These companies specialize in foreign currency transfers and are some of the best ways to turn your dollars into pesos.
- Cash transfers - Look to WorldRemit, Remitly, MoneyGram or Western Union to have cash delivered to the Philippines. WorldRemit and Remitly will probably be cheaper than Western Union and MoneyGram, but compare a variety of services to find the best way to send money to the Philippines.
- Bank transfers - Banks are almost always the most expensive way to send money, as they tend to offer weak exchange rates, charge high fees and have slow turnaround times for your transfer.
Let's crunch the numbers: Sending $2,000 to the Philippines
Let's say you need to send $2,000 to family in the Philippines. Here's what you might face as far as fees and exchange rates as of 10 November 2020.
| Digital money transfer service | Cash transfer | Bank transfer | |
|---|---|---|---|
| Fee | $13 | $12 | $10 + additional correspondent bank fees |
| Exchange rate | 1 AUD = 35.1 PHP | 1 AUD = 34.3 PHP | 1 AUD = 33.6 PHP |
| Transfer speed | 1-2 day | Minutes | 2-5 days |
| Amount received | PHP 69,825 | PHP 68,630 | PHP 66,879 |
| Verdict |
|
|
|
The digital money transfer option ends up being the best value, while a cash transfer is faster.
How to send money to the Philippines
Sign up and send money with a digital money transfer specialist in four steps:
- Sign up for a free account. Create an account using your contact information and preferred payment method after you pick a provider.
- Provide transfer details. Submit your recipient's contact information and pick a delivery method. If transferring to a bank, you'll need their Philippine bank account details.
- Confirm transfer details. Double-check your payment method, expected fees and destination.
- Save your receipt. Record your confirmation number to track the progress of your transfer to the Philippines. Some money transfer providers send a text or email when your transfer is complete.
How to get the most out of your money transfer
Weigh costs and fees against convenience, and learn how to compare money transfer providers that send to the Philippines to meet your needs:
- Exchange rates. The AUD-PHP relationship fluctuates, so the rates you see today may be different tomorrow. Locking in an exchange rate when possible may save you money in the future if the rates shift quickly.
- Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger exchange rate.
- Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the number of Philippine pesos you're sending.
- Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to the Philippines from Australia.
- Maximum limits. When exchange rates are favourable, sending more money can save you money in the future. If you plan to send large amounts of money to the Philippines, be sure to pick a provider that won't limit you.
- Transfer methods. Whether you want money sent to a Philippine bank account or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.
Emergency cash transfer to the Philippines
When it's more important to get your money to the Philippines quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.
How to send money to the Philippines without a bank account
Cash transfer services can help you if you're unbanked or marginally banked. If you don't have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.
Sending to mobile wallets in the Philippines
Many popular money transfer providers, including WorldRemit and Wise, allow you to send money directly to a mobile wallet in the Philippines. Mobile wallets, also known as e-wallets, are a convenient receiving option because the recipient can store and spend money directly from their phone. Some of the most popular mobile wallet options in the Philippines include:
- GCash - GCash allows you to make both local and international purchases online, pay bills, send and receive money from other GCash users and more.
- PayMaya - PayMaya gives you access to a virtual Mastercard that can be used for online shopping, and you are able to deposit money into your PayMaya wallet without going through any verification processes. Additionally, PayMaya can be used to pay bills and transfer money to and from other PayMaya users.
- Coins.ph - Coins.ph combines control of the Philippine peso with cryptocurrencies like Bitcoin, XRP and Ethereum, and gives you a full range of bank-like services without needing to have an official bank account.
When you're looking for a convenient way to send money to the Philippines, having the funds delivered to a mobile wallet is one of the more straightforward options. Just be sure to always double-check the associated fees, exchange rates and processing times for each mobile wallet before signing up and using it.
Philippines' exchange rates explained
The exchange rate determines how much one country's currency is worth in another country's currency. When a country's currency is strong, it yields more money when exchanging it in a country with a weaker currency. The Philippine peso often fluctuates when compared to Australia dollar, so expect exchange rates today to be different than those you'll see tomorrow. Factors that influence the exchange rate include interest rates, economic stability and inflation.
Today's exchange rate AUD to PHP
Documents needed for sending to and receiving money in the Philippines
To send money to the Philippines from Australia, you'll need government-issued ID and other documents, while documents needed to pick up money in the Philippines may be different by company.
Documents to send money from Australia
To send money from Australia to the Philippines, you'll need documentation and details that include:
- Identification. Most services require a driver's license, passport or other government-issued ID.
- Payment method. Your service may accept credit or debit cards, cash, bank accounts or personal checks.
- Recipient information. Submit your recipient's name as it appears on their ID, along with their phone number, Philippine bank account and routing number if sending to their bank.
Documents to receive money in the Philippines
To pick up money in person, documentation can include:
- Transfer number. The person sending you money can forward the transfer's confirmation details — called a PIN, a MTCN, a reference number or a tracking number, depending on the company.
- Government-issued ID. A Philippine passport or any other government-issued ID that has your photo in addition to your address can typically be used to pick up money in the Philippines.
- Amount sent. You may need to know how much was sent, usually within 10% of the total.
- Sender's information. Take along your sender's full name, the sending country and their address, if known.
What to watch out for
Most money transfers between Australia and the Philippines shouldn't have any specific tax obligations attached to them. Some circumstances may trigger a need for filing specific forms, so read up on our remittance tax guidelines for the Philippines to learn more about when you may need to file with the ATO.
Bottom line
Sending your hard-earned money to the Philippines shouldn't cost a fortune. Compare transfer companies that specialize in foreign for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.
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Ask an Expert
Which is the BEST service to use for transfer into a bank account in the Philippines … taking into consideration the exchange rate and fees involved ?
Hi Jackie,
Thanks for your question.
Unfortunately, as a comparison website, we are unable to recommend specific products to our users.
On our comparison table above, there are two options for transferring to a bank account in the Philippines. The Citibank Plus Everyday Account and the WorldRemit International Money Transfers.
Unfortunately, our calculator is unable to compute how much your recipient will receive if you send a particular amount. You’ll have to directly go to the provider’s website to calculate the actual rates and fees.
Cheers,
Anndy
I need to send money from Australia to Philippines as a cash pick up. What are my options
Hi William,
Thanks for your question.
There are a few international money transfers with cash pickup option to the Philippines. You can submit your recipient’s contact information, the amount you’re looking to send and other details at a money transfer location near you or through their website.
Cheers,
Shirley
hello how can i track world remit cebuana lhuillier ? WORLDREMIT sent me text message with the control number but the girl said control number is invalid ?
Hi Janeviel,
Thanks for your question.
Airtime transfers should be instant – if this isn’t the case please get in touch with WorldRemit directly by clicking ‘Go to site’.
Cheers,
Shirley
my friend send me money through WORLDREMIT CEbuana Lhiullier (Metrobank Transaction) on DEc.1 but then when i come to the Cebuna Outlet here , its says the control number invalid nothing found on the control number WORLDREMIT texted me and that text i give it to the Cebuna but as they told me many times no money in that control number totally invalid , all outlet i come all says its INVALID!!! i talk them personally and the manager here its INVALID!!. my friend already contact worldremit but then nothing happen What is the problem??? **********
Hi Janeviel,
We’re sorry to hear about your experience with Worldremit. As we are not Worldremit unfortunately we do not know what the problem is.
If you’ve quoted the reference “WorldRemit” and your transaction number (the one that your friend has received) and it still hasn’t arrived, please speak to Worldremit directly on: +61 2 6145 2161.
It might be worth checking with your friend that he or she has put in the correct details.
Cheers,
Shirley
I am here in turkey. How can i send money through this FINDER .com , is it have here in turkey?
Hi Yasemine,
Thank you for your inquiry.
Please know that you are viewing the Finder Australia page for ways you can send money from Australia to the Philippines and the options provided may not be relevant to you. You may compare available money transfer providers we have on our page and check if they can work within Turkey. Please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you initiate money transfer.
Regards,
Jodie
why NO calculation or calculator for Australian dollar to Philippines peso?
Hi Gabriel,
thanks for the feedback.
We’re working hard to expand our calculator in the near future to offer the ability to calculate transfers from AUD to PHP. Thanks for using our service in the meantime.
Cheers,
Marc.