How to send money to Philippines from Kuwait with the best KWD-PHP rate

Comparing based on your specific needs is the best way to send money from Kuwait to the Philippines with confidence.

Right now, for KWD/PHP

• Xe is our top choice for KWD to PHP transfers. Sending 2,159 KWD to PHP will cost you .د.ك0 in fees, and you will receive 420,695.62 PHP. The delivery time usually is minutes - 24 hours.

• Paysend offers the lowest fees of the 2 available options. This cost combines the exchange rate between the Kuwaiti Dinar and Philippine Peso that is 0.21% different to the mid-market rate and the fee of 0 KWD.

• Fastest way to transfer money to Philippines from Kuwait is with Paysend. For example, sending .د.ك2,159 to Philippines with Paysend will be minutes - 24 hours. But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.

Our analysis, and search results, include 2 providers that operate between Kuwait and the Philippines. These are ranked by speed, overall cost and ease of use.

Through this, you get a comprehensive view of all the options you have in Kuwait when you need to send money to the Philippines.

The exchange rate determines the price you’ll pay for Philippine Peso when you send Kuwaiti Dinar to the Philippines.

The current exchange rate between the Kuwaiti Dinar and Philippine Peso is 197.1718, but it constantly changes.

When calculating the costs of money transfers between Kuwait and Philippines, opt for the best combination of fees and exchange rates:

• The Mid-Market and Exchange Rates: Today, the KWD-PHP mid-market rate equals 197.1718 PHP per Kuwaiti Dinar.

• Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Paysend, only 0 KWD. We would recommend searching for your exact send amount to get an idea of fees.

• Amount Received: The amount received in Philippine Peso is the biggest indicator the total cost of sending money from Kuwait to the Philippines. Essentially, the more the recipient receives in the Philippines, the less it is costing to send from Kuwait.

It’s possible that waiting a day or two can help you get more PHP for the same amount of Kuwaiti Dinar. But, the best way to lock in a price between Kuwait and the Philippines is by using a forward contract.

A bank transfer is the our recommended option for money transfers between Kuwait and the Philippines.

Here are all the ways to send money from Kuwait to Philippines:

Bank transfers

Paying via a bank transfer is often the better option for sending money from Kuwait to the Philippines.

By using a money transfer company such as Xe for transfers from Kuwait to the Philippines, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money from Kuwait to the Philippines with a debit or a prepaid card is easy with Paysend.


Paysend is a one of the better options in the market for international debit card transfers from Kuwait to the Philippines.

Credit cards

When it comes to credit card transfers from Kuwait to the Philippines, we recommend comparing your options to get the best deal.

Always choose providers that are regulated by financial authorities in both Kuwait and Philippines to ensure funds are protected.

Please refer to our directory of financial regulators worldwide for key regulatory bodies for money transfers between Kuwait and the Philippines.

Some services have minimum or maximum thresholds on how much you can transfer from Kuwait to the Philippines.

Companies will offer different rates and fees for different transfer amounts. Some companies will become more expensive after certain thresholds are hit.

We’d recommend using Xe if you need to send large amounts of KWD to Philippines. The combination of rates and fees when sending to the Philippines is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving Kuwait, or entering the Philippines. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive money in Philippines. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account. It’s likely not all providers serving transfers from Kuwait to the Philippines will offer every method, so it’s best to check ahead of time.

A direct transfer to a bank account is one of the more common ways to transfer from Kuwait into Philippine Peso. Xe is the best company for bank transfers between Kuwait and Philippines.

And if you need cash right away, check if cash pickup is an option for transfers between Kuwait and the Philippines.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Paysend.

When signing up to a money transfer company to send between Kuwait and the Philippines, you will need to verify your ID.

The exact documents you need might vary and in some cases you will need more than one.

For the most part, in Kuwait this will be a government ID like a passport or driver's license. In the Philippines it will be a similar set of documents, although this should only be needed if you are opening a new account in the Philippines, or collecting in cash.

Big transactions between Kuwait and the Philippines, are subject to additional checks. A provider may ask you for proof of address or may want to know where the money comes from.

We recommend Xe in part due to their easy sign up process in Kuwait.

When sending large amounts of money between Kuwait and the Philippines there will be tax implications to consider.

Some transfers into Philippine Peso may need to be reported to tax authorities in the Philippines, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances differ in the Philippines based on age, income and a few other elements. When in doubt, please contact a tax professional in Kuwait or the Philippines to discuss your personal circumstances.