Wise is the fastest way to send MXN to Philippines, with transfers arriving same day. For the cheapest option, sending 35,000 MXN with Wise gets you 127,984.86 PHP.
| 1 of 1 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze MXN/PHP exchange rates from our comparisons. | |||
| Based on 35,000 MXN transfer Best companies for MXN/PHP transfersAll money transfer offers for MXN/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 $368.22 1 MXN = 3.6956 PHP +0.02% vs mid-market | Recipient gets ₱127,984.86 Within an hour | |
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin an hourAvailable via:Bank Transfer $368.221 MXN = 3.6956 PHP ₱127,984.86You 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. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live MXN 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 MXN you're planning to spend in Philippines. | |||
Run a live search These are managed services with real human support for large MXN transfers. Click the link and update the transfer amount to get the best deal. | |||
| Wise Pay via Bank transfer | Fee $368.22 1 MXN = 3.6956 PHP +0.02% vs mid-market | Recipient gets ₱127,984.86 Within an hour | |
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin an hourAvailable via:Bank Transfer $368.221 MXN = 3.6956 PHP ₱127,984.86You pay$35,000.00 | |||
| How Our Results Work Mid-market rate: 1 MXN = 3.696398 PHP Updates every 60 minutes. | |||
Transfer details
Start with the cheapest option, which is Wise. It will get you the most PHP on a MXN 35,000 transfer.
This heavily depends on how much you send, so I suggest to get the best MXN/PHP rate.
You can fund the transfer using bank transfer.
A SPEI transfer to their CLABE is 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.
First time round you'll need an ID, and some companies only sign up citizens and residents with an INE.
1 companies send money from Mexico to Philippines, through online, app, multi-currency account, and global account, and a few more ways.
Cheapest way to send MXN
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 127,984.86 PHP on a MXN 35,000 transfer (after fees).
Bear in mind, some services are restricted to Mexican citizens and residents with an INE.
Traveling and spending
Wise is the best multi-currency account for holding and spending PHP and MXN.
You can hold 2 balances in one account, and convert whenever the rate is good.
Usually it's cheap too.
For example, Wise will convert 35,000 MXN to PHP at 0.02% markup with 368.22 MXN fee.
Once you have the balance in PHP, there are no additional fees for using it (only local ones in Philippines like ATM fees).
For businesses paying abroad
Global accounts are for Mexican businesses doing business in Philippines (or other countries).
Companies like Wise Business or Payoneer handle international payments, salaries, invoices, and multi-currency invoicing.
With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 35,000 MXN gives your recipient 127,984.86 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.
You pay $35,000.00
₱127,985
Cheapest
Here are a few things to know about money transfers from Mexico to Philippines.
For a MXN 35,000 transfer to 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 127,984.86 PHP, which is 0% more than the next best option.
Fastest
Wise sends a bank transfer payment to bank deposit in Philippines. Your recipient gets 127,984.86 PHP, with collection available in same day.
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.
Some services only accept Mexican citizens and permanent residents 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 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 confirms whether a Mexican financial institution exists and is authorised, but it does not approve every product the company offers.
Small changes in the rate affect how much PHP your recipient gets. Use the weekly range to put the latest MXN/PHP quote into context.
Mid-market rate:1 MXN = 3.708815 PHP
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.
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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