For freelancers
Global accounts
Global accounts help Philippine freelancers and businesses make regular payments to Taiwan.
Payoneer and Wise Business offer international account details, invoicing and batch payments.
PayPal App (P2P Transfer) is the cheapest overall way to send money from the Philippines to Taiwan, turning PHP 14,700 into 6,733.93 TWD at 0.4772 TWD per PHP.
There are 3 companies that send money from the Philippines to Taiwan, and you can send PHP via in person.
| 3 of 3 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze PHP/TWD exchange rates from our comparisons. | |||
| Based on 14,700 PHP transfer Best companies for PHP/TWD transfersAll money transfer offers for PHP/TWD transfers, sorted by most TWD received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
Run a live search Showing top Philippines to Taiwan deals for 14,700 PHP. 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 PHP to TWD rates. | |||
Run a live search These companies offer multi-currency accounts for spending TWD. We suggest doing a live search based on how much PHP you're planning to spend in Taiwan. | |||
Run a live search These are managed services with real human support for large PHP transfers. Click the link and update the transfer amount to get the best deal. | |||
| Send Money Between PayPal Accounts PayPal App (P2P Transfer) Pay via Bank transfer | Fee ₱588.00 1 PHP = 0.4772 TWD +6.00% vs mid-market | Recipient gets $6,733.93 Minutes | |
Ways to receive money in Taiwan with PayPal App (P2P Transfer) when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes ₱588.001 PHP = 0.4772 TWD $6,733.93You pay₱14,700.00 | |||
| Send cash via a MoneyGram agent ![]() MoneyGram Agent Pay via Bank transfer | Fee ₱588.00 1 PHP = 0.4772 TWD +6.00% vs mid-market | Recipient gets $6,733.93 Minutes - 3 days | |
Ways to receive money in Taiwan with MoneyGram Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days ₱588.001 PHP = 0.4772 TWD $6,733.93You pay₱14,700.00 | |||
| Send cash via a Western Union agent ![]() Western Union Agent Pay via Bank transfer | Fee ₱441.00 1 PHP = 0.4721 TWD +7.00% vs mid-market | Recipient gets $6,731.70 Minutes - 5 days | |
Ways to receive money in Taiwan with Western Union Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 5 days ₱441.001 PHP = 0.4721 TWD $6,731.70You pay₱14,700.00 | |||
| How Our Results Work Mid-market rate: 1 PHP = 0.507636 TWD Updates every 60 minutes. | |||
Transfer details
For a one-off transfer from Germany, I suggest picking the cheapest option which is PayPal App (P2P Transfer).
On a 14,700 PHP transfer, PayPal App (P2P Transfer) delivers the most TWD.
This will change depending on how much you actually send, so I suggest running a live search to get the best PHP/TWD rate.
Use the filters above if your recipient needs cash rather than a bank deposit.
You have 1 ways to pay for the transfer: bank transfer.
Depending on the company, you can use InstaPay which takes seconds to deposit.
Above about a million pesos it goes through PESONet instead, which can take a day.
First time round you'll need a valid ID and your details to match it exactly.
Make sure you do it before you need to send TWD to avoid any delays.
3 companies send money from the Philippines to Taiwan.
For freelancers
Global accounts help Philippine freelancers and businesses make regular payments to Taiwan.
Payoneer and Wise Business offer international account details, invoicing and batch payments.
With PayPal App (P2P Transfer), paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending ₱14,700 gives your recipient 6,733.93 TWD.
To fund the transfer from the Philippines, use bank transfer.
Fund the PHP side through your bank
Use InstaPay for an eligible smaller payment or PESONet when the company supplies bank details.
Both rails send PHP domestically to the company's account before they send it to Taiwan.
GCash and Maya are useful for domestic payments and receiving money, but they do not send TWD to a person in Taiwan.
Your recipient in Taiwan can receive money with a bank deposit.
You pay ₱14,700.00
NT$6,734
Cheapest
A few things to remember about money transfers from Philippines to Taiwan.
Cheapest way to send money to Taiwan
The cheapest option is PayPal App (P2P Transfer), funded by bank transfer with bank deposit for the payout. Your recipient gets 6,733.93 TWD, which is 0% more than the next best option.
Fastest way to send money to Taiwan
The fastest option is PayPal App (P2P Transfer). Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 6,733.93 TWD, with collection available in minutes.
The Philippines charges 6% donor's tax on total taxable gifts above PHP 250,000 in a calendar year.
The donor pays it, even when the person receiving the money lives abroad.
BIR Form 1800 is due within 30 days of the gift.
This does not make every family payment a taxable donation, but a large personal gift should be checked before sending.
The BIR's Form 1800 guidance explains the threshold, rate and filing deadline.
InstaPay, PESONet, Maya, etc. move PHP between Philippine accounts only.
Some companies allow these as funding methods, but neither can be used to send international transfers to Taiwan.
GCash can be used for international transfers, but it is limited and usually more expensive.
PDIC protects eligible deposits held with a member bank.
It does not protect a transfer after the money has left your bank or a balance held with a non-bank transfer company.
If a BSP-supervised company does not resolve a complaint, you can escalate it through the BSP Online Buddy.
Even a small move in the exchange rate changes how much TWD arrives for your PHP, especially on a larger transfer.
Mid-market rate:1 PHP = 0.505427 TWD
We track 3 BSP-supervised companies sending PHP to Taiwan, updated in real time on live searches.
Fees, exchange rates and the deposit and payout options are all compared, and nothing appears here without passing our review.
Most pricing comes from the companies themselves. Where we collect it by hand, the table says so.
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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