These services are chosen from among the partners we work with based on special features or offers and the commission we receive. Keep in mind that our promoted picks may not always be the best fit for you. Consider your needs and compare other ways to transfer money to the Philippines in the table below.
Looking for a way to send money to family, friends or a business in the Philippines (or even to your own bank account overseas)? According to MoneySmart, you should avoid Australian banks and go with a money transfer specialist to get better PHP exchange rates and lower fees on international transfers.
Based on the providers we've compared, Revolut is among the cheapest, with competitive exchange rates and fees starting from $0. Need a really fast transfer? Xe Money Transfers can get money to your recipient in the Philippines within minutes.
Best ways to send money to the Philippines from Australia
Online money transfer provider. When converting Australian dollars or Philippine pesos, money transfer specialists typically offer better rates and cheaper fees than a bank.
Bank transfer. Bank transfers are an easy way to send money to the Philippines but they charge extra for the convenience and are often slower. The big four banks generally add a 2.8% to 6% markup onto the exchange rate. NAB adds a 2.80% markup onto the Philippine peso and ANZ adds a 4.80% margin.
Cash pickup. If you need your money to arrive fast, doing a cash pickup with Remitly gives your recipient instant access to the money you've sent when they collect it from their agent location in Nepal.
Mobile wallet. Mobile wallets allow users to store, send and receive currencies using their phone, often with fees attached. The most popular ones include GCash, GrabPay, Maya and ShopeePay mobile wallets.
Airtime Top-up. Specifically used to top up a recipient's prepaid mobile phone plan, prepaid phone credit is usually added instantly or within a few minutes.
Compare the best money transfer companies to send money to the Philippines
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Cheapest way to send money to the Philippines
As reported by the ACCC, bank transfers are typically the cheapest way to get your money to the Philippines. Revolut and Xe Money Transfers have some of the lowest bank transfer fees of the brands we've compared.
Remember, it's more important to look at the overall cost of your transfer to the Philippines and this has a couple of elements:
Transfer fees. While still cheaper than your Australian bank, money transfer services charge either a fixed or percentage-based fee for making your transfer.
Exchange rates. Another way money transfer providers make money is to add a margin to the mid-market AUD/PHP exchange rate.
Certain providers may give the mid-market rate but add fees on top and others will have low fees but apply a markup on the exchange rate. This means it is important to compare exactly how many Philippine pesos your recipient will end up with.
Fastest way to send money to the Philippines
Actual transfer times from Australia to the Philippines can depend on several factors including transfer amount, payment method and currency.
Here are some of the fastest average transfer speeds to the Philippines:
Revolut — within minutes
Xe Money Transfers — within minutes
Rocket Remit — within minutes
Safest way to send money to the Philippines
The safest way to get your money to the Philippines is using a provider registered with Australia's industry regulator, the Australian Transaction Reports and Analysis Centre (AUSTRAC). All of the companies we've compared in our table are overseen by a local regulator and comply with the relevant laws and regulations in both Australia and the Philippines.
A great way to dive deeper is by reading our reviews of each transfer service and researching first-hand customer feedback on Trustpilot and similar platforms.
Large money transfers to the Philippines
If you need to make a sizable money transfer to the Philippines, consider using a provider such as Xe Large Transfers or OFX to secure a better PHP exchange rate and benefit from its expertise handling larger transactions.
Using a large transfer specialist can have the following advantages:
Tax guidance. Large transfers to the Philippines may have tax implications for you or your recipient. A transfer specialist can help get you up to speed on the Australian Taxation Office's latest advice.
Foreign exchange tools. Advanced tools such as forward contracts, limit orders and stop-loss orders can help you lock in the PHP exchange rate you want.
Account manager. Some money transfer providers assign a personal account manager who can offer advice and help facilitate transfers.
Phone service. If you want to talk your transfer through with someone, providers such as Xe Large Transfers and OFX can provide support over the phone.
How to send money to the Philippines from Australia
To send money to the Philippines, you'll need the necessary documentation, your recipient's details and a way to pay.
Compare your options.
Use our table to find a money transfer provider that sends funds to the Philippines. One may be better for cash pickups while another may suit a bank transfer. Once you've found the best one for your requirements, click "Go to site".
Create an account.
You'll need to give your name, address, contact details, proof of ID and method of payment.
Provide your recipient's details.
Enter your recipient's name and contact information. If you're sending straight to their Filipino bank account, you'll need the account number,
SWIFT or IBAN plus their bank branch's address.
Enter your transfer amount.
Check you're happy with the fees, exchange rates and transfer speed, then enter the amount you wish to send. Double-check the total Philippine pesos your recipient gets.
Complete your transfer.
Send your money transfer to the Philippines. Keep your transaction reference number safe so you can track your transfer. Your recipient may need it too.
Example: Maria transfers money to the Philippines
Maria is working in Australia as a doctor and she stays in regular contact with her elderly parents back home in the Philippines. Her parents need some funds to help pay off a mortgage, so Maria plans to send them $2,000 from Australia.
She decides to compare a bank and a money transfer specialist to see which one can save the most money on her transaction.
Bank
Money transfer company
Exchange rate
1 AUD = 37.03 PHP
1 AUD = 37.52 PHP
Transfer fee
$10
$2.50
Transfer method
Bank account deposit
Bank account deposit
Processing time
2 - 5 working days
Next day
Amount received
73,687.24 PHP
74,944.13 PHP
The money transfer company enables Maria to send an extra ₱1,256.89, which is transferred straight to her parents' BDO Unibank Inc. account.
How to choose a money transfer company for the Philippines
When selecting a provider to transfer money to the Philippines, here are the main factors to consider:
Exchange rates. Banks and transfer services use the mid-market rate to trade with one another. However, not every money transfer provider offers the mid-market rate so compare the PHP you're offered to the mid-market rate to calculate the margin.
Transfer fees. Are you being charged a flat fee or a percentage of the transfer amount? A provider offering to transfer your money to the Philippines for a flat or low fee might work out better if you're sending a large amount.
Transfer type. Does your recipient have a Filipino bank account or is cash pickup a better option? Each transfer type will have different fees. For example,
instant cash pickups
tend to be more expensive than
bank transfers.
Transfer speed. If you need your transfer to arrive quickly, you can pay for an express delivery. Companies such as WorldRemit offer instant cash pickups but may charge more. If you're not in a rush, online money transfer services offer the best value.
Transfer limits. Find out how much you can send with each service. For example, Rocket Remit has a transfer limit of $1,000 while Revolut allows unlimited transfers.
Discounts. Providers may offer you a free transfer simply for signing up. Others may give a discount for transferring more than a specific amount of Philippine pesos.
Is this a good time to send money to the Philippines?
Compared to a month ago, the Australian dollar is stronger against the Philippine peso. Currently, $5,000 is worth ₱188,537.50, whereas a month ago, $5,000 was equivalent to ₱183,440.00. That's an increase of 2.78% over the past month.
Similarly, compared to a year ago, the Australian dollar is again stronger against the Philippine peso. A year ago, $5,000 was equivalent to ₱184,685.00. That's an increase of 2.09% over 12 months.
So based on those two data points, yes, it's a relatively good time to send money to the Philippines, and your Australian dollars will go further than they would have. But what's more important, however, is the strength of the Australian dollar against the Philippine peso and where it goes from here – which is harder to call.
The most common payment methods for money transfers to the Philippines include bank transfer, credit card and debit card. How you pay can influence how quickly your Philippine pesos arrive and the total cost of your transfer, so consider both when deciding.
Photo identification: Most providers require a driver's license, passport or other Australian government-issued ID.
A way to pay: Your options depend on the provider's services. Popular methods include cash, debit or credit card and bank account transfers.
Recipient information: You'll need their name (matching their ID) plus contact details. If sending to a Filipino bank account, you'll need their account number, SWIFT and branch details.
Transfer number: The reference number – sometimes called a PIN, MTCN or tracking number.
Government-issued ID: An official ID, such as a Filipino passport or driver's license.
The transfer amount: To know how much has been sent, usually to within 10% of the total.
Sender information: The sender's name and address and the transfer's country of origin.
Each provider has its own sending limit. For example, Revolut and Xe Money Transfers allow you to transfer as little as $1 while others will have a much higher minimum threshold.
Remember that some providers will have different maximum transfer amounts as a result of Australian tax policies or because their service is more limited.
The turnaround time for a money transfer to the Philippines depends on the provider and how you pay for the transfer. Expect your transfer to arrive within minutes if you pay using cash or with a debit or credit card. Paying by bank transfer can take longer – usually 2–5 business days.
Yes, you can still send a money transfer if neither you nor your recipient in the Philippines has a bank account. Look at cash transfer providers such as Rocket Remit where you can pay with cash and your recipient can collect it as cash or as mobile phone reload on the other end.
Helen Champion is an associate editor at Finder. She has worked in communications for over 16 years and currently writes on a range of topics including insurance and money transfers in the hope of empowering people to make better financial decisions. During her broadcast career, she helped to produce hundreds of news and breaking news reports for Associated Press TV and ITV News. And in public relations, she managed several high-profile public relations campaigns for Macmillan Cancer Support, the General Medical Council and overseas for Qatar Foundation on behalf of BLJ Worldwide. Helen has a Bachelor of Arts in Journalism from the University of Lincoln, a passion for practising karate in the dojo and a deep love of making mischief with her sons.
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.
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.
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 ?
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??? **********
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.
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 a money transfer.
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.
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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 a 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.