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Best option: CurrencyFair
We tested & reviewed 3 money transfer providers, and CurrencyFair scored highly in each category.
Over the last six months, CurrencyFair appeared in 85.7% of Thailand to Philippines searches, and was the top rated company supporting money transfers between THB and PHP.
For a great mix of cost, speed & features, transfer from Thailand to Philippine Peso using CurrencyFair.
How to get the best deal on sending money from Thailand to Philippines
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Thailand to the Philippines.
- Choose a provider
Select the provider that offers you the best value on buying PHP & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Sending money from Thailand to Philippines considerations
A comparison of providers offering services between Thailand and the Philippines is the easiest way to ensure the best deal.
We've compared 3 providers that offer services for sending Baht to the Philippines.
This ensures you will get the best options for your transfer to the Philippines from Thailand.
Whilst we rate CurrencyFair as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Thailand to the Philippines.
Cheapest way to send money from Thailand to the Philippines: CurrencyFair
Data collected for transfers between Thailand and the Philippines over the past six months shows that CurrencyFair is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the Baht and Philippine Peso that is 0% different to the mid-market rate and an average fee of 80* THB.
*The most common fee applied to THB-PHP by CurrencyFair, based on data from the past six months.
Fastest money transfers to Philippines from Thailand: CurrencyFair.
Through our research, we found CurrencyFair to be the quickest way to send THB into Philippine Peso in 90.5% of instances. For fast transfers between THB and PHP, CurrencyFair is generally a good option.
Money transfers from Thailand to the Philippines through CurrencyFair have an average fee of 80 THB.
To confirm that CurrencyFair was the 'fastest' option we compared 3 money transfer providers for overall speed of sending money from Thailand to the Philippines. This was made up of depositing Baht to a money transfer account and transfer times to the Philippines.
When sending quickly is a priority, CurrencyFair is our recommended choice for sending into Philippines from Thailand.
Transfer a large sum of money
From 3 money transfer companies compared, CurrencyFair is the best option for large transfers from Thailand to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Thailand to the Philippines can become expensive if you use a bank, or the wrong provider.
CurrencyFair is the top choice for sending large sums of money to the Philippines from Thailand because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Thailand to Philippines
The total cost of sending money to the Philippines from Thailand, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for THB-PHP is 1.6825 PHP per Baht.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Baht.
The average THB-PHP mid-market rate for the last three months has been 1.5851 PHP per Baht. This includes a high of 1.6588, and low of 1.5383.
Out of the 3 companies compared, CurrencyFair offers the best exchange rates.
The exchange rate you receive on converting THB to PHP should be the biggest determining cost factor when transferring Baht to the Philippines.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. CurrencyFair, with a fee average of 80 THB per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Philippine Peso eventually received in the Philippines.
A lower cost of sending from Thailand will result in more money received in the Philippines.
Track the exchange rate for Baht to Philippine Peso
Sending money at the right time between THB and PHP can make a huge difference to overall cost. The exchange rate impacts how much PHP you get for your THB.
Over the last six months, the average numbers are:
The exchange rate from THB to PHP averaged 1.5851 PHP.
The highest value recorded was 1.6588 PHP, while the lowest was 1.5383 PHP.
3 providers currently offer transfers between Thailand and the Philippines close to this rate
Want to secure the best THB-Philippine Peso exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Thailand to Philippines!
Payment options for transfers from Thailand to Philippines
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Thailand to the Philippines.
Using a money transfer company such as CurrencyFair for payments from Thailand to the Philippines, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
CurrencyFair is the best money transfer provider for bank transfers of the 3 we compared when sending THB to the Philippines.
With an average fee of 80 THB to transfer money from Thailand to the Philippines, CurrencyFair offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Thailand to the Philippines is easy with Wise.
Wise is a leader in debit card money transfers from Thailand to the Philippines. They are the best option of the 3 transfer companies compared.
Credit cards
When it comes to credit card transfers from Thailand to the Philippines, Instarem is the top choice of the 3 companies offering this service.
Fee alert: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Philippines and Thailand.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Thailand to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send THB to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
