Regency FX is the best and cheapest service overall. On €7,000 you will get 507,492.11 PHP after fees and the exchange rate.
We’ve compared 9 money transfer companies in more detail below.
| 9 of 9 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze EUR/PHP exchange rates from our comparisons. | |||
| Based on 7,000 EUR transfer Best companies for EUR/PHP transfersAll money transfer offers for EUR/PHP transfers, sorted by most PHP received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted  Wise Pay via Bank transfer | Fee €45.47 1 EUR = 72.6650 PHP +0.04% vs mid-market | Recipient gets ₱505,350.92 Within a week | |
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer €45.471 EUR = 72.6650 PHP ₱505,350.92You pay€7,000.00 | |||
| Promoted  Xe Pay via Debit card | Fee €0.00 1 EUR = 71.9682 PHP +1.01% vs mid-market | Recipient gets ₱503,777.40 Minutes - 24 hours | |
Ways to receive money in Philippines with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 71.9682 PHP ₱503,777.40You pay€7,000.00 | |||
Run a live search Showing top Germany to Philippines deals for 7,000 EUR. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live EUR to PHP rates. | |||
Run a live search These companies offer multi-currency accounts for spending PHP. We suggest doing a live search based on how much EUR you're planning to spend in Philippines. | |||
Run a live search These are managed services with real human support for large EUR transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: First Transfer Deal  Regency FX Pay via Bank transfer | Fee €0.00 1 EUR = 72.4989 PHP +0.27% vs mid-market | Recipient gets ₱507,492.11 Minutes - 24 hours | |
Ways to receive money in Philippines with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 72.4989 PHP ₱507,492.11You pay€7,000.00 | |||
 TorFx Pay via Bank transfer | Fee €0.00 1 EUR = 72.4771 PHP +0.30% vs mid-market | Recipient gets ₱507,339.45 Minutes - 24 hours | |
Ways to receive money in Philippines with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 72.4771 PHP ₱507,339.45You pay€7,000.00 | |||
 OFX Pay via Bank transfer | Fee €0.00 1 EUR = 72.3317 PHP +0.50% vs mid-market | Recipient gets ₱506,321.72 Minutes - 24 hours | |
Ways to receive money in Philippines with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 72.3317 PHP ₱506,321.72You pay€7,000.00 | |||
| Only available via Mobile App  Sendwave Pay via Debit card | Fee €0.99 1 EUR = 72.3252 PHP +0.51% vs mid-market | Recipient gets ₱506,204.80 Minutes - 3 days | |
Ways to receive money in Philippines with Sendwave when paying by debit card. MethodFee & ratesRecipient gets Mobile moneyMinutes - 3 days €0.991 EUR = 72.3252 PHP ₱506,204.80You pay€7,000.00 Bank depositMinutes - 3 days €0.991 EUR = 72.3252 PHP ₱506,204.80You pay€7,000.00 Cash pickupMinutes - 3 days €1.991 EUR = 71.7446 PHP ₱502,069.22You pay€7,000.00 Card depositMinutes - 3 days Free1 EUR = 70.8038 PHP ₱495,626.32You pay€7,000.00 | |||
 CurrencyFair Pay via Bank transfer | Fee €1.10 1 EUR = 72.3200 PHP +0.52% vs mid-market | Recipient gets ₱506,160.00 Minutes - 24 hours | |
Ways to receive money in Philippines with CurrencyFair when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours €1.101 EUR = 72.3200 PHP ₱506,160.00You pay€7,000.00 | |||
| Wise Pay via Bank transfer | Fee €45.47 1 EUR = 72.6650 PHP +0.04% vs mid-market | Recipient gets ₱505,350.92 Within a week | |
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer €45.471 EUR = 72.6650 PHP ₱505,350.92You pay€7,000.00 | |||
| Wise Pay via iDEAL/WERO | Fee €55.58 1 EUR = 72.6650 PHP +0.04% vs mid-market | Recipient gets ₱504,616.28 Within a week | |
Ways to receive money in Philippines with Wise when paying by ideal/wero. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer €55.581 EUR = 72.6650 PHP ₱504,616.28You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee €40.50 1 EUR = 72.4287 PHP +0.37% vs mid-market | Recipient gets ₱504,067.76 Within minutes | |
Ways to receive money in Philippines with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes €40.501 EUR = 72.4287 PHP ₱504,067.76You pay€7,000.00 | |||
| US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details. | |||
 TapTap Send Pay via Debit card | Fee €0.00 1 EUR = 72.0000 PHP +0.96% vs mid-market | Recipient gets ₱504,000.00 Minutes | |
Ways to receive money in Philippines with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 EUR = 72.0000 PHP ₱504,000.00You pay€7,000.00 Mobile walletMinutesAvailable via:Coins.ph, GCash, Maya Free1 EUR = 72.0000 PHP ₱504,000.00You pay€7,000.00 Mobile moneyMinutesAvailable via:Globe Free1 EUR = 72.0000 PHP ₱504,000.00You pay€7,000.00 Card depositMinutesAvailable via:Pay To Card €0.851 EUR = 72.0000 PHP ₱504,000.00You pay€7,000.85 Cash pickupMinutesAvailable via:Cebuana, Palawan Pawnshop & Others €2.491 EUR = 72.0000 PHP ₱504,000.00You pay€7,002.49 | |||
| Xe Pay via Debit card | Fee €0.00 1 EUR = 71.9682 PHP +1.01% vs mid-market | Recipient gets ₱503,777.40 Minutes - 24 hours | |
Ways to receive money in Philippines with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 71.9682 PHP ₱503,777.40You pay€7,000.00 | |||
| Xe Pay via Bank transfer | Fee €0.00 1 EUR = 71.9682 PHP +1.01% vs mid-market | Recipient gets ₱503,777.40 Minutes - 24 hours | |
Ways to receive money in Philippines with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 71.9682 PHP ₱503,777.40You pay€7,000.00 | |||
| Xe Pay via Credit card | Fee €0.00 1 EUR = 71.9682 PHP +1.01% vs mid-market | Recipient gets ₱503,777.40 Minutes - 24 hours | |
Ways to receive money in Philippines with Xe when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 71.9682 PHP ₱503,777.40You pay€7,000.00 | |||
| Wise Pay via Debit card | Fee €100.33 1 EUR = 72.6650 PHP +0.04% vs mid-market | Recipient gets ₱501,364.52 Within a week | |
Ways to receive money in Philippines with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer €100.331 EUR = 72.6650 PHP ₱501,364.52You pay€7,000.00 | |||
| Wise Pay via Credit card | Fee €142.25 1 EUR = 72.6650 PHP +0.04% vs mid-market | Recipient gets ₱498,318.40 Within a week | |
Ways to receive money in Philippines with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer €142.251 EUR = 72.6650 PHP ₱498,318.40You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan Revolut Pay via Debit card | Fee €191.00 1 EUR = 72.4287 PHP +0.37% vs mid-market | Recipient gets ₱493,167.23 Within minutes | |
Ways to receive money in Philippines with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes €191.001 EUR = 72.4287 PHP ₱493,167.23You pay€7,000.00 | |||
| US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details. | |||
| How Our Results Work Mid-market rate: 1 EUR = 72.695150 PHP Updates every 60 minutes. | |||
Transfer details
For a one-off transfer from Germany, I suggest picking the cheapest option which is Regency FX.
On a 7,000 EUR transfer, Regency FX delivers the most PHP.
This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/PHP rate.
You have 4 ways to pay, including bank transfer, debit card, credit card, and ideal.
First time round you'll need a photo ID and proof of your German address.
Video identification is also normal and takes a few minutes.
There are 9 companies for sending money from Germany to Philippines, across broker, app, online, multi-currency account, and global account, and more below.
Fastest and easiest way
Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.
Sending €7,000 with Sendwave to Philippines gets you 506,204.8 PHP with a €0.99 fee and 0.51% markup.
Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.
For large transfers from Germany
For buying property, moving to Philippines, or moving pensions, a currency broker is the best option.
A broker like Regency FX charges no fee and works on a margin. It adds 0.27% on EUR/PHP which gets negotiated the more you send.
And you get an account manager to help you through the process.
For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.
For making business payments
Global accounts are for businesses making payments to Philippines.
Be it overseas suppliers and contractors, receiving PHP payments, or holding PHP and EUR in one business account.
Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.
For spending & receiving
A multi-currency account lets you hold EUR and PHP in one account.
You get PHP bank details, and can receive international payments like rent, dividends, family payments without additional conversions.
You can convert PHP to EUR or EUR to PHP whenever you need.
The best multi currency account is Wise, it adds ~0.04% markup and charges small fees.
With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 507,492.11 PHP.
You can pay for the transfer using bank transfer, debit card, credit card, and ideal.
Using German bank
A SEPA bank transfer is usually the cheapest way to deposit EUR.
An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Philippines.
The recipient in Philippines can receive PHP by bank deposit, mobile money, cash pickup, card deposit, and mobile wallet.
To receive PHP by bank deposit
Enter the recipient's banking details and account holders name.
Check both before sending because correcting a bank deposit will delay the transfer.
They can receive cash in Philippines
For cash pickup, the recipient needs to visit the nearest branch and bring a valid photo ID and the transfer reference number.
You pay €7,000.00
₱507,492
Cheapest
You pay €7,000.00
₱506,205
-₱1,287
You pay €7,000.00
₱506,205
-₱1,287
You pay €7,000.00
₱504,616
-₱2,876
You pay €7,002.49
₱504,000
-₱3,492
You pay €7,000.85
₱504,000
-₱3,492
You pay €7,000.00
₱504,000
-₱3,492
You pay €7,000.00
₱503,777
-₱3,715
The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.
For a €7,000 transfer to Philippines, these are the best options:
Cheapest way to send money to Philippines
The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 507,492.11 PHP, which is 0.03% more than the next best option.
Fastest way to send money to Philippines
The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 504,067.76 PHP in within minutes.
Germany's AWV reporting threshold is €50,000.
A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.
It is a statistics report, not a tax or permission request.
Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.
The automated AWV notice shown by a bank does not mean every transfer is reportable.
The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.
If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.
A payment converted into PHP sits outside that pricing rule and may involve another bank or payout partner.
Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.
This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.
The EUR/PHP rate can move noticeably within a week, changing the amount your recipient gets in PHP.
Mid-market rate:1 EUR = 72.852231 PHP
Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.
We then track 9 of them on EUR to Philippines, comparing rates, fees and the pay-in and payout options.
More on who we are, why you can trust us and how to get started.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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