How to send money to Australia from Philippines with the best PHP-AUD rate

The exchange rate determines the price you’ll pay for Australian Dollar when sending Philippine Peso to Australia.

The rate between the Philippine Peso and Australian Dollar is currently 0.0235.

The total cost of money transfers from Philippines to Australia is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.

• The Mid-Market and Exchange Rates: The mid-market rate for PHP-AUD is currently 0.0235 AUD per Philippine Peso. Providers offering services closer to this rate will ensure more Australian Dollar for your Philippine Pesos.

• Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Wise, charging 61.67 PHP per transfer. In all cases, we recommend searching for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount eventually received in Australian Dollar. Simply, the higher the amount received in the Philippines, the lower the cost of sending from Australia.

Sometimes, waiting a day or two can help you get more AUD for the same amount of Philippine Peso. Using a forward contract that also allows you to lock in an agreed exchange rate between the Philippines and Australia.

Sending money via a bank transfer is the recommended option for sending money from the Philippines to Australia.

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

Bank transfers

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

By using a money transfer company such as Wise for transfers from the Philippines to Australia, 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 the Philippines to Australia with a debit or a prepaid card is easy with Western Union Agent.


Western Union Agent is a one of the better options in the market for international debit card transfers from the Philippines to Australia.

Credit cards

Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone (especially with high cash advance fees).

We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

Some services between the Philippines and Australia have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in Australia as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to Australia, use Wise. The combination of rates and fees when sending from the Philippines to Australia 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 the Philippines, or entering Australia. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive Australian Dollar in Australia. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from the Philippines to Australia will offer every method for incoming Australian Dollar, so it’s best to check ahead of time.

One of the more common ways to transfer from the Philippines into Australian Dollar is directly into a bank account. Wise is the best company for bank transfers between Philippines and Australia.

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

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 Wise.

When signing up to and sending Philippine Peso to Australia, through a money transfer company, you will have to verify your ID.

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

For the most part however, in the Philippines this will be a government issued ID such as a passport or driver's license. In Australia it will be similar, although this should only be needed if you are opening a new account in Australia, or collecting in cash. Sending to an existing bank account in Australia shouldn’t require any additional ID checks.

Large transactions between Philippines and Australia, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons Wise has scored so highly for transfers to Australia is their easy sign up process in the Philippines.

When sending large amounts of money between Philippines and Australia there will potentially be a tax declaration to consider.

Some transfers into Australian Dollar may need to be reported to tax authorities in Australia, particularly where inheritance or property purchases are involved.

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