Companies for transfers to Philippines
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Send money anytime, anywhere with the TalkRemit app. There's zero fees on your first transaction and you're able to send to family and friends in over 40 countries."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Best option: Wise
We tested & reviewed 17 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 98.4% of Canada to Philippines searches, and was the top rated company supporting money transfers between CAD and PHP.
For a great mix of cost, speed & features, transfer from Canada to Philippine Peso using Wise.
How to get the best deal on your Canada to Philippines transfer
Important things to consider before sending money from Canada to Philippines
Don't settle for the first option. Always compare ways to send money from Canada to the Philippines to find out about fees, speed, and reliability.
Our analysis included 17 providers that operate between Canada and the Philippines.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to the Philippines.
Cheapest way to send money to the Philippines from Canada: TalkRemit
Data collected over the past six months shows that TalkRemit is 0.5% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to PHP international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to the Philippines transfer, make sure you pick TalkRemit to send your money online.
*The most common fee applied to CAD-PHP by TalkRemit, based on data from the past six months.
Fastest way to send money from Canada to the Philippines: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Canada to the Philippines in 45.6% of searches. This makes them well suited to urgent CAD to PHP money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to the Philippines - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Ria Money Transfer is your best choice at the moment. This service emerged as the quickest way to send money to the Philippines from Canada in 45.6% of the searches on MoneyTransfers.com over the past six months.
Transfer a large sum of money
From 17 money transfer companies compared, Wise is the best option for large transfers from Canada to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Canada to the Philippines can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to the Philippines from Canada because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Canada to Philippines
The total cost of sending money to the Philippines from Canada, 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 CAD-PHP is 41.1244 PHP per Canadian Dollar.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Canadian Dollar.
The average CAD-PHP mid-market rate for the last three months has been 41.8294 PHP per Canadian Dollar. This includes a high of 42.9758, and low of 40.9741.
Out of the 17 companies compared, TalkRemit offers the best exchange rates.
The exchange rate you receive on converting CAD to PHP should be the biggest determining cost factor when transferring Canadian Dollar 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. WorldRemit, with a fee average of 0 CAD 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 Canada will result in more money received in the Philippines.
How to find the best exchange rate for Canada to Philippines
Timing is essential for sending money between CAD and PHP. The exchange rate you secure impacts how much PHP you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to PHP has seen some fluctuation. On average, it stood at 41.8294.
During this period, the highest value recorded was 42.9758, while the lowest was 40.9741.
Wise, which is our recommended service to send money online from Canada to the Philippines offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CAD-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 Canada to the Philippines!
Payment options for transfers from Canada to Philippines
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between the Philippines and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Canada to the Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.