Overall best choice: OFX
We tested & reviewed dozens of money transfer providers, and OFX scored highly.
OFX appeared in 47.8% of the Philippines to Canada searches, and was the top rated company out of 6 that support PHP to CAD.
So for a great mix of cost, speed & features, make your the Philippines to Canada transfer using OFX.
How to get the best deal on your Philippines to Canada transfer
- 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 the Philippines to Canada.
- Choose a provider
Select the provider that offers you the best value & 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
Important things to consider before sending money from Philippines to Canada
Don't settle for the first option. Always compare ways to send money from the Philippines to Canada to find out about fees, speed, and reliability.
Our analysis included 6 providers that operate between the Philippines and Canada.
Through this, you get a comprehensive view of all the options you have in the Philippines when you need to send money to Canada.
Cheapest way to send money to Canada from the Philippines: CurrencyFair
Data collected over the past six months shows that CurrencyFair is 0% cheaper than the second-best option.
The ₱3.99 transfer cost represents the most common fee for PHP to CAD international transfers, based on data from the past six months.
If you want to secure the best rates on a PHP to Canada transfer, make sure you pick CurrencyFair to send your money online.
*The most common fee applied to PHP-CAD by CurrencyFair, based on data from the past six months.
Fastest way to send money from the Philippines to Canada: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from the Philippines to Canada in 55.8% of searches. This makes them well suited to urgent PHP to CAD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from the Philippines to Canada - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to Canada from the Philippines in 55.8% of the searches on MoneyTransfers.com over the past six months.
Need to send a big amount?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is OFX.
While OFX may not always be the cheapest or fastest way to send PHP from the Philippines to Canada, it’s the provider that will keep you safe and relaxed while your money moves into CAD.
Understanding the costs involved when moving money from Philippines to Canada
When calculating the costs of money transfers between the Philippines and Canada, here's what really matters:
The Mid-Market Rate: Today, the PHP-CAD mid-market rate equals 0.0243 CAD per Philippine Peso.
The PHP-CAD average exchange rate for the past three months has been 0.0239 CAD per Philippine Peso, with a high of 0.0244 and a low of 0.0232.
When looking to send money, we'd recommend OFX. On average OFX is 3.18% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from PHP to CAD.
How to find the best exchange rate for Philippines to Canada
Timing is essential for sending money between PHP and CAD. The exchange rate you secure impacts how much CAD you get for your PHP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from PHP to CAD has seen some fluctuation. On average, it stood at 0.0239.
During this period, the highest value recorded was 0.0244, while the lowest was 0.0232.
OFX, which is our recommended service to send money online from the Philippines to Canada offers an exchange rate that is only 3.18% above the mid-market rate.
Want to secure the best PHP-Canadian Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from the Philippines to Canada!
Payment methods available to fund your Philippines to Canada transfer
Bank transfers
Bank transfers are often the default option for sending money from the Philippines to Canada.
By using a money transfer company such as CurrencyFair for transfers from the Philippines to Canada, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, CurrencyFair is the cheapest provider for bank transfers from the 6 we tested when sending PHP to Canada.
With an average fee of PHP3.99 to send money from Philippines to Canada, CurrencyFair offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Philippines to Canada with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from the Philippines to Canada, competing among a total of 6 active money transfer companies on this route.
Credit card
When it comes to credit card transfers from the Philippines to Canada, emerges as our top choice of the 6 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
What payment methods are available when sending money from Philippines to Canada?
Sending bank transfers from Philippines to Canada
Bank transfers are the most common way of sending PHP to Canada as they are secure, reliable, and convenient.
If you want to send Philippine Pesos to Canada via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from Philippines to Canada by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Philippine Pesos to Canada with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from Philippines to Canada by payment apps
If you’d like to send money from Philippines to Canada via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Philippines to Canada.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Canada in Canadian Dollar at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Philippines to Canada after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the PHP to CAD exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of PHP to CAD is 0.0243
How we Analyze the Market
We track the cost, speed, and product offerings of the leading money transfer services available between Canada and Philippines.
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 Philippines to Canada.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to CAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
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