MoneyTransfers

How to send money to the Philippines from Mexico with the best MXN-PHP rate

Wise is the fastest way to send MXN to the Philippines, with transfers arriving same day. For the cheapest option, sending 35,000 MXN with Wise gets you 117,855.76 PHP.

Best companies for MXN/PHP transfers

1 of 1 providers

Last updated on 10 November 2026

Based on 35,000 MXN transfer

Best companies for MXN/PHP transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee $368.22 1 MXN = 3.4031 PHP +0.01% vs mid-market Recipient gets ₱117,855.76 Within minutes
25 reviews
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Philippines with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$368.221 MXN = 3.4031 PHP
₱117,855.76You pay$35,000.00

Run a live search

Showing top Mexico to Philippines deals for 35,000 MXN. Do a live search with your exact amount for today's best rates.

Wise

Pay via Bank transfer
Fee $368.22 1 MXN = 3.4031 PHP +0.01% vs mid-market Recipient gets ₱117,855.76 Within minutes
25 reviews
CheapestFastestOur top pick
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Philippines with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$368.221 MXN = 3.4031 PHP
₱117,855.76You pay$35,000.00
How Our Results Work
Mid-market rate: 1 MXN = 3.4033 PHP Updates every 60 minutes.

How to send money from Mexico to Philippines

Pick a company

Start with the cheapest option, which is Wise. It will get you the most PHP on an MXN 35,000 transfer.

Wise was the cheapest on 30 of the 30 days it quoted MX$35,000 transfers to the Philippines.

This heavily depends on how much you send, so I suggest to get the best MXN/PHP rate.

Fund your transfer

You can fund the transfer using bank transfer.

A SPEI transfer to their CLABE is usually instant and free, and is the most common way to fund the transfer.

Without a bank account, you can pay cash at a counter instead for a little more.

Verify and send

First time round you'll need an ID, and some companies only sign up citizens with an INE.

Compare amounts

How much MXN are you sending to Philippines?

How much MXN you send to the Philippines heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Wise was the cheapest in 100% of the transfers from MXN 50,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
$10,0000.02%$113.35₱33,616.39with bank transfer to bank deposit+₱125.91
$20,000-0.03%$215.30₱67,327.53with bank transfer to bank deposit₱0.00
$35,000This page0.01%$368.22₱117,855.76with bank transfer to bank deposit₱0.00
$75,0000.04%$776.02₱252,421.65with bank transfer to bank deposit₱0.00
$100,000-0.01%$1,030.91₱336,390.00with bank transfer to bank deposit₱0.00

Mid-market rate: 1 MXN = 3.4033 PHP

MXN/PHP Exchange Rate History

Is today a good time to send money from Mexico to Philippines?

The cheapest way to send MXN to PHP can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Wise), across 30 days of comparisons for 35,000 MXN transfers to the Philippines.

PHP received for $35,000, after fees

Tue, Nov 10, 2026Mid-market rate₱119,116.73 Wise ₱117,855.76Wise₱117,855.76

116,000
117,000
118,000
119,000
120,000
121,000
At the mid-market rateWith the cheapest optionWise
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4113 – ₱119,395.50
Wise Cheapest 3.4103 $368.22 ₱118,105.45 −₱1,290.05
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4406 – ₱120,421.74
Wise Cheapest 3.4413 $368.22 ₱119,178.69 −₱1,243.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4110 – ₱119,383.36
Wise Cheapest 3.4110 $368.22 ₱118,127.27 −₱1,256.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4187 – ₱119,655.03
Wise Cheapest 3.4183 $368.22 ₱118,382.85 −₱1,272.18
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4216 – ₱119,754.85
Wise Cheapest 3.4208 $368.22 ₱118,468.39 −₱1,286.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4060 – ₱119,208.50
Wise Cheapest 3.4078 $368.22 ₱118,019.91 −₱1,188.58
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4060 – ₱119,208.50
Wise Cheapest 3.4078 $368.22 ₱118,019.91 −₱1,188.58
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4168 – ₱119,588.42
Wise Cheapest 3.4166 $368.22 ₱118,322.59 −₱1,265.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4291 – ₱120,017.69
Wise Cheapest 3.4280 $368.22 ₱118,717.05 −₱1,300.64
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4277 – ₱119,969.29
Wise Cheapest 3.4268 $368.22 ₱118,675.49 −₱1,293.80
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3805 – ₱118,316.38
Wise Cheapest 3.3791 $368.22 ₱117,023.90 −₱1,292.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3924 – ₱118,734.00
Wise Cheapest 3.3923 $368.22 ₱117,481.04 −₱1,252.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4078 – ₱119,272.72
Wise Cheapest 3.4069 $368.22 ₱117,985.97 −₱1,286.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4078 – ₱119,272.72
Wise Cheapest 3.4069 $368.22 ₱117,985.97 −₱1,286.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4136 – ₱119,475.86
Wise Cheapest 3.4140 $368.22 ₱118,233.24 −₱1,242.62
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4480 – ₱120,679.72
Wise Cheapest 3.4462 $368.22 ₱119,346.65 −₱1,333.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4312 – ₱120,091.76
Wise Cheapest 3.4297 $368.22 ₱118,775.92 −₱1,315.84
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4151 – ₱119,529.38
Wise Cheapest 3.4145 $368.22 ₱118,251.25 −₱1,278.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3727 – ₱118,045.87
Wise Cheapest 3.3724 $368.22 ₱116,793.60 −₱1,252.26
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3942 – ₱118,798.02
Wise Cheapest 3.3894 $368.22 ₱117,380.61 −₱1,417.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3942 – ₱118,798.02
Wise Cheapest 3.3894 $368.22 ₱117,380.61 −₱1,417.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3887 – ₱118,602.78
Wise Cheapest 3.3929 $368.22 ₱117,501.47 −₱1,101.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4162 – ₱119,567.00
Wise Cheapest 3.4164 $368.22 ₱118,316.01 −₱1,250.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3810 – ₱118,333.32
Wise Cheapest 3.3809 $368.22 ₱117,087.97 −₱1,245.35
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3981 – ₱118,932.80
Wise Cheapest 3.3978 $368.22 ₱117,673.25 −₱1,259.55
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3603 – ₱117,609.87
Wise Cheapest 3.3594 $368.22 ₱116,343.39 −₱1,266.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3883 – ₱118,590.11
Wise Cheapest 3.3870 $368.22 ₱117,297.84 −₱1,292.27
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.3886 – ₱118,601.60
Wise Cheapest 3.3870 $368.22 ₱117,297.84 −₱1,303.76
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4029 – ₱119,100.77
Wise Cheapest 3.4033 $368.22 ₱117,862.34 −₱1,238.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 3.4033 – ₱119,116.73
Wise Cheapest 3.4031 $368.22 ₱117,855.76 −₱1,260.97

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send $35,000, after fees, as quoted by each company. The mid-market line shows what $35,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more PHP per MXN than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of PHP on every transfer from Mexico.

Right now, Wise pays 117,855.76 PHP on 35,000 MXN, which is 1,260.97 PHP less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 119,346.65 PHP.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to the Philippines.

We've tracked 176 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

  1. WiseAppeared in 174 comparisons

    Cheapest every time

Based on 176 comparisons across 6 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Wise is the cheapest and gets you the most PHP, and it was also the cheapest in 100% of the 174 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to the Philippines.

Ways to send money from Mexico to Philippines

1 companies send money from Mexico to the Philippines, through app and online, and a few more ways.

Cheapest way to send MXN

Online transfers & apps

Money transfer apps and companies are the easiest way to send MXN to the Philippines.

You can fund your transfer with bank transfer.

You can also use a normal SPEI transfer to their CLABE.

The cheapest company is Wise, it will get you 117,855.76 PHP on an MXN 35,000 transfer (after fees).

In our comparisons over the past month, it was the cheapest online service on 30 of the 30 days it quoted.

Bear in mind, some services are restricted to Mexican citizens with an INE.

For businesses paying abroad

Global accounts

Global accounts are for Mexican businesses doing business in the Philippines (or other countries).

Companies like Wise Business or Payoneer handle international payments, salaries, invoices, and multi-currency invoicing.

Ways to fund MXN and receive PHP in Philippines

With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 35,000 MXN gives your recipient 117,855.76 PHP.

You can fund your transfer in MXN by bank transfer.

Funding the transfer through SPEI

Send MXN from your Mexican bank account using the CLABE and reference supplied by the company.

SPEI funds the transfer within Mexico, then the company sends PHP abroad using local rails and internal network of accounts.

Your recipient can collect PHP through bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay MX$35,000.00

    ₱117,856

    Cheapest

Before sending MXN to Philippines, check these points

Here are a few things to know about money transfers from Mexico to the Philippines.

Compare the MXN/PHP options

For a MXN 35,000 transfer to the Philippines, these are the current best options:

Cheapest

Wise is the cheapest option, funded by bank transfer with bank deposit for the payout. Your recipient gets 117,855.76 PHP, which is 0% more than the next best option.

Fastest

Wise sends a bank transfer payment to bank deposit in the Philippines. Your recipient gets 117,855.76 PHP, with collection available in same day.

SPEI is domestic only

SPEI moves MXN between participating accounts in Mexico.

It can fund the transfer company through its CLABE, but the company or bank handles the currency conversion and international payment over local rails or international network.

Make sure you can send MXN

Some services only accept Mexican citizens but ask for an INE, CURP, RFC or proof of address during registration.

A large or unusual transfer may also need additional documents.

IPAB protection

IPAB protection applies to eligible bank deposits, it does not automatically cover a balance held with a fintech or money transfer company, or money that has already left a Mexican bank.

If you’re in doubt about a company, check it in CONDUSEF's SIPRES.

The register shows if a Mexican financial institution is registered and its current status (such as authorized or revoked), but it doesn't mean every product offered is approved.

How we analyse the market

We track 1 companies that can send MXN abroad, which is a shorter list than most countries, and the rates update in real time on live searches.

In the past 30 days alone, we analysed 176 comparisons across 6 amounts.

This page covers the cheapest and fastest options for MXN/PHP transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

We compare fees, rates and how the money is paid in and collected, and each company goes through our review.

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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