The Cheapest Ways to Send Money Internationally from the Philippines in 2026

Cheapest international transfers from the Philippines right now

The comparison shows available bank-payout quotes at PHP10,000 and PHP100,000 across popular destinations.

Keep the funding and recipient method identical because cash collection, wallet delivery and a bank deposit can carry different costs.

Amount

AmountPHP 10,000PHP 100,000Custom

Last updated at 09/26/2026

PHP USD

Mid Market Rate ₱1 = $0.016₱1 = $0.016

Transfer Amount ₱10,000₱100,000

1

Wise

1

Wise

Receive amount

Transfer fee

FX rate

Markup

Delivery time

Cheapest payment method

$158.53

₱77.50

0.0160

-0.15%

Within minutes

Bank transfer

Visit

$1,591.95

₱355.65

0.0160

-0.15%

Within minutes

Bank transfer

Visit

PHP SGD

Mid Market Rate ₱1 = $0.0205₱1 = $0.0204

Transfer Amount ₱10,000₱100,000

1

Wise

1

Wise

Receive amount

Transfer fee

FX rate

Markup

Delivery time

Cheapest payment method

$203.25

₱74.11

0.0205

-0.01%

Within minutes

Bank transfer

Visit

$2,035.77

₱334.37

0.0204

0.12%

Within minutes

Bank transfer

Visit

PHP JPY

Mid Market Rate ₱1 = ¥2.5269₱1 = ¥2.5282

Transfer Amount ₱10,000₱100,000

1

Wise

1

Wise

Receive amount

Transfer fee

FX rate

Markup

Delivery time

Cheapest payment method

¥25,002.00

₱107.51

2.5274

-0.02%

Next day

Bank transfer

Visit

¥251,740.00

₱421.42

2.5280

0.01%

Next day

Bank transfer

Visit

PHP GBP

Mid Market Rate ₱1 = £0.0121₱1 = £0.0121

Transfer Amount ₱10,000₱100,000

1

Wise

1

Wise

Receive amount

Transfer fee

FX rate

Markup

Delivery time

Cheapest payment method

£120.31

₱47.67

0.0121

-0.11%

Within minutes

Bank transfer

Visit

£1,204.98

₱334.75

0.0121

-0.11%

Within minutes

Bank transfer

Visit

PHP CAD

Mid Market Rate ₱1 = $0.0226₱1 = $0.0226

Transfer Amount ₱10,000₱100,000

1

Wise

1

Wise

Receive amount

Transfer fee

FX rate

Markup

Delivery time

Cheapest payment method

$224.72

₱62.65

0.0226

0.05%

Within a week

Bank transfer

Visit

$2,254.17

₱305.00

0.0226

0.05%

Within a week

Bank transfer

Visit

PHP AUD

Mid Market Rate ₱1 = $0.0228₱1 = $0.0227

Transfer Amount ₱10,000₱100,000

1

Wise

1

Wise

Receive amount

Transfer fee

FX rate

Markup

Delivery time

Cheapest payment method

$226.53

₱49.02

0.0228

-0.17%

Within minutes

Bank transfer

Visit

$2,275.43

₱291.36

0.0228

-0.29%

Next day

Bank transfer

Visit

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Table updates weekly. All information comes directly from our comparisons, provider APIs, and manual rate collection.

Since PHP rates change all the time, this table shows the cheapest options right now to send from the Philippines, while the list below covers companies that are generally competitive for different types of transfer.

Cheapest services for sending money from the Philippines

9.2

Wise

Fees

0.1% - 2.6%

Exchange Rate Markup

0%

Transfer Speed

Minutes - 24 hours

Visit

"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

8.1

Western Union

Fees

None

Exchange Rate Markup

0.2% - 1.5%

Transfer Speed

1 - 5 days

Visit

Wise

I would choose Wise for regular bank deposits that avoid heavier fixed wire charges.

PHP funding must come from your own Philippine bank account or e-wallet, with no PHP SWIFT funding accepted.

InstaPay funding is capped at PHP50,000, while PESONet can handle up to PHP9 million under Wise's funding rules.

Funding PHP100,000 in one payment requires PESONet rather than InstaPay, even when the overseas recipient route supports that amount.

Wise is less useful when the recipient needs cash or a wallet that its selected corridor does not support.

The table below shows Wise bank-payout quotes across six currencies at both example amounts.

GoTyme Send Money Abroad

GoTyme debits the full transfer directly from a verified user's existing PHP balance.

The Wise-powered flow does not require a USD account and lets you select the destination currency and recipient bank or e-wallet details.

Before confirmation, GoTyme shows the exchange rate, fixed fee, variable fee, documentary stamp tax and any applicable SWIFT cost.

Compare that complete debit with Wise direct for the same recipient amount, since GoTyme has its own fees despite the shared infrastructure.

Recipient-bank deductions can still affect delivery, particularly when a SWIFT route sits behind the selected destination.

I would choose GoTyme when keeping the payment inside an existing bank account is worth any difference in the final quote.

GCash International Transfer

GCash International Transfer works when its supported bank or e-wallet matches your recipient.

The minimum is PHP500, and your fully verified wallet must cover both the transfer amount and the displayed fee.

Named routes include all Australian banks and selected China Alipay, WeChat Pay and UnionPay outcomes, alongside other country-specific partners.

Wallet cash-in can add a separate charge depending on the method, so include that cost when GCash was not already funded.

You cannot cancel after confirming, so check the recipient details and chosen network before committing the wallet balance.

I would use it when direct wallet or bank delivery avoids another paid step for the recipient.

BPI Outward Remittance

BPI supports documented PHP-funded wires across broader currencies, with branch help available.

The PHP-debit charge is PHP600 plus documentary stamp tax of PHP0.60 for every PHP200 transferred.

The examples below isolate those two charges, before exchange-rate cost and any correspondent or beneficiary-bank fees.

The flat PHP600 portion weighs much more heavily on the smaller payment, making a digital alternative more likely to deliver better value.

Online currencies include USD, CAD, AUD, EUR, GBP, SGD and HKD, while a branch can handle broader supported currencies.

BPI caps each transfer at USD10,000 or PHP500,000, with possible overseas-bank deductions still requiring confirmation.

BDO wire

BDO suits existing USD savings customers who need to send a USD bank wire.

The sender-pays route costs US$10 plus US$25 in correspondent charges, giving US$35 before any recipient-bank cost.

That price excludes the cost of buying USD, so it cannot be compared directly with a complete PHP conversion quote.

BDO allows eligible customers to buy up to US$5,000 daily from their own PHP account before making the wire.

If the recipient bears charges instead, the sender pays less upfront but the beneficiary receives less than the instructed USD amount.

I would use BDO for an existing USD balance, then confirm whether the recipient needs the full amount without deductions.

Western Union

Western Union offers cash collection with cash or QR Ph funding.

Philippine agent locations can accept cash or QR Ph, while the destination determines whether the recipient uses cash, bank or wallet delivery.

The fee, exchange rate and limit change with the amount, channel and payout method, so compare the collected amount rather than a bank quote.

Cash pickup can cost more yet remain better when the recipient lacks a suitable account or would pay to travel and withdraw funds.

MoneyGram also supports outbound agent transfers, making it worth checking when its local agents or destination quote are more convenient.

I would compare both networks in the recipient’s town, using the same payout currency and an accessible collection point.

Avoid paying for two currency conversions

Choose a route matching the recipient's account currency, particularly when sending to a USD account or paying a foreign-currency invoice.

Buying USD with PHP before paying an invoice in EUR can create two exchange margins, even when the wire fee looks low.

If you already hold USD, avoid converting it back to PHP merely to use a transfer app that converts it again.

For Wise, GoTyme or BPI, check the destination currency and recipient account before accepting the PHP quote.

Decide who pays overseas bank charges

A sender-pays instruction helps when the recipient needs an exact invoice amount, but it can carry a higher upfront charge.

A recipient-pays route reduces the sender's initial cost while allowing correspondent or beneficiary fees to reduce delivery.

BDO makes this trade-off clear through its US$25 correspondent charge, while BPI and GoTyme require the selected quote or route terms.

Set an all-in PHP budget

Start with the maximum PHP you can spend, then compare recipient amounts after fees, tax, conversion and funding charges.

For a fixed foreign-currency invoice, reverse the calculation and check the complete PHP debit required to deliver that exact amount.

Keep purpose documents ready for bank wires, including the beneficiary details and supporting invoice where the bank requests one.

Our guide to the best international money transfer services in the Philippines explains which recipient outcomes each company supports.

How to save on an international transfers abroad from the Philippines

Use a current comparison for your amount and destination, then add any wallet, cash or bank-wire quote matching the recipient.