How to send money to Taiwan from the Philippines with the best PHP-TWD rate
PayPal App (P2P Transfer) is the cheapest overall way to send money from the Philippines to Taiwan, turning PHP 14,700 into 6,918.59 TWD at 0.49026 TWD per PHP.
There are 3 companies that send money from the Philippines to Taiwan, and you can send PHP via in person.
Best companies for PHP/TWD transfers
3 of 3 providers
Last updated on 10 November 2026i
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 transfers
All 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.
Sort Cheapest
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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₱588.001 PHP =0.4903 TWD+6.00%vs mid-market
Recipient gets$6,918.59 Minutes
0 reviews
Fastesti
PayPal App (P2P Transfer) with Bank transfer deposit is the fastest way to send PHP to Taiwan.
Ways to receive money in Taiwan with PayPal App (P2P Transfer) when paying by bank transfer.
MethodFee & ratesRecipient gets
Bank depositMinutes
₱588.001 PHP = 0.4903 TWD
$6,918.59You pay₱14,700.00
Send cash via a MoneyGram agent
MoneyGram Agent
Pay via Bank transfer
Fee₱588.001 PHP =0.4903 TWD+6.00%vs mid-market
Recipient gets$6,918.59 Minutes - 3 days
0 reviews
Cheapesti
Using Bank transfer with MoneyGram Agent is the cheapest way to send money to Taiwan from Philippines.
Ways to receive money in Taiwan with MoneyGram Agent when paying by bank transfer.
MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
₱588.001 PHP = 0.4903 TWD
$6,918.59You pay₱14,700.00
Send cash via a Western Union agent
Western Union Agent
Pay via Bank transfer
Fee₱441.001 PHP =0.4850 TWD+7.00%vs mid-market
Recipient gets$6,916.29 Minutes - 5 days
0 reviews
Our top picki
Based on our editorial reviews, Western Union Agent is our top rated company to send money from Philippines to Taiwan.
Ways to receive money in Taiwan with Western Union Agent when paying by bank transfer.
Mid-market rate: 1 PHP = 0.5216 TWDUpdates every 60 minutes.
Transfer details
How to send money from Philippines to Taiwan
Pick a company
For a one-off transfer from the Philippines, I suggest picking the cheapest option which is PayPal App (P2P Transfer).
PayPal App (P2P Transfer) was the cheapest on 29 of the 29 days it quoted ₱14,700 transfers to Taiwan.
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.
Fund your transfer
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.
Verify and send
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.
Compare amounts
How much PHP are you sending to Taiwan?
How much PHP you send to Taiwan 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 PayPal App (P2P Transfer) was the cheapest in 100% of all the transfers it quoted over the past month.
How much more the cheapest provider gets you than the average of all providers we compared at this amount.
Cheapest service
₱10,000
6.00%
₱400.00
$4,708.94with bank transfer to bank deposit
+$0.52
₱14,700This page
6.00%
₱588.00
$6,918.59with bank transfer to bank deposit
+$0.77
₱20,000
6.00%
₱800.00
$9,420.53with bank transfer to bank deposit
+$1.04
₱400,000
0.27%
₱0.00
$208,475.59with bank transfer to bank deposit
$0.00
Mid-market rate: 1 PHP = 0.5216 TWD
PHP/TWD Exchange Rate History
Is today a good time to send money from Philippines to Taiwan?
The cheapest way to send PHP to TWD 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 PayPal App (P2P Transfer)), across 30 days of comparisons for 14,700 PHP transfers to Taiwan.
Show on chart
TWD received for ₱14,700, after fees
Tue, Nov 10, 2026Mid-market rate$7,666.87PayPal App (P2P Transfer)$6,918.59PayPal App (P2P Transfer)$6,918.59MoneyGram Agent$6,918.59Western Union Agent$6,916.29
6,800
7,000
7,200
7,400
7,600
7,800
At the mid-market rateWith the cheapest optionPayPal App (P2P Transfer)MoneyGram AgentWestern Union Agent
Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9Nov 10
6,600
6,800
7,000
7,200
7,400
7,600
7,800
At the mid-market rateWith the cheapest optionPayPal App (P2P Transfer)MoneyGram AgentWestern Union Agent
Oct 12Oct 22Oct 31Nov 10
6,600
6,800
7,000
7,200
7,400
7,600
7,800
At the mid-market rateWith the cheapest optionPayPal App (P2P Transfer)MoneyGram AgentWestern Union Agent
Aug 13Sep 12Oct 11Nov 10
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5082
–
$7,470.17
P PayPal App (P2P Transfer)Cheapest
0.4777
₱588.00
$6,741.08
−$729.09
M MoneyGram Agent
0.4777
₱588.00
$6,741.08
−$729.09
Western Union Agent
0.4726
₱441.00
$6,738.84
−$731.33
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5115
–
$7,518.46
P PayPal App (P2P Transfer)Cheapest
0.4808
₱588.00
$6,784.66
−$733.80
M MoneyGram Agent
0.4808
₱588.00
$6,784.66
−$733.80
Western Union Agent
0.4757
₱441.00
$6,782.40
−$736.06
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5129
–
$7,539.95
P PayPal App (P2P Transfer)Cheapest
0.4821
₱588.00
$6,804.05
−$735.90
M MoneyGram Agent
0.4821
₱588.00
$6,804.05
−$735.90
Western Union Agent
0.4770
₱441.00
$6,801.79
−$738.16
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5132
–
$7,543.38
P PayPal App (P2P Transfer)Cheapest
0.4824
₱588.00
$6,807.14
−$736.24
M MoneyGram Agent
0.4824
₱588.00
$6,807.14
−$736.24
Western Union Agent
0.4772
₱441.00
$6,804.88
−$738.50
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5149
–
$7,569.29
P PayPal App (P2P Transfer)Cheapest
0.4840
₱588.00
$6,830.53
−$738.76
M MoneyGram Agent
0.4840
₱588.00
$6,830.53
−$738.76
Western Union Agent
0.4789
₱441.00
$6,828.26
−$741.03
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5153
–
$7,574.19
P PayPal App (P2P Transfer)Cheapest
0.4843
₱588.00
$6,834.95
−$739.24
M MoneyGram Agent
0.4843
₱588.00
$6,834.95
−$739.24
Western Union Agent
0.4792
₱441.00
$6,832.68
−$741.51
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5153
–
$7,574.19
P PayPal App (P2P Transfer)Cheapest
0.4843
₱588.00
$6,834.95
−$739.24
M MoneyGram Agent
0.4843
₱588.00
$6,834.95
−$739.24
Western Union Agent
0.4792
₱441.00
$6,832.68
−$741.51
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5152
–
$7,573.12
P PayPal App (P2P Transfer)Cheapest
0.4843
₱588.00
$6,833.98
−$739.14
M MoneyGram Agent
0.4843
₱588.00
$6,833.98
−$739.14
Western Union Agent
0.4791
₱441.00
$6,831.71
−$741.41
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5173
–
$7,604.44
P PayPal App (P2P Transfer)Cheapest
0.4863
₱588.00
$6,862.25
−$742.19
M MoneyGram Agent
0.4863
₱588.00
$6,862.25
−$742.19
Western Union Agent
0.4811
₱441.00
$6,859.97
−$744.47
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5129
–
$7,539.47
P PayPal App (P2P Transfer)Cheapest
0.4821
₱588.00
$6,803.62
−$735.85
M MoneyGram Agent
0.4821
₱588.00
$6,803.62
−$735.85
Western Union Agent
0.4770
₱441.00
$6,801.35
−$738.12
No data was collected on Thu, Oct 22, 2026.
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5143
–
$7,559.53
P PayPal App (P2P Transfer)Cheapest
0.4834
₱588.00
$6,821.72
−$737.81
M MoneyGram Agent
0.4834
₱588.00
$6,821.72
−$737.81
Western Union Agent
0.4783
₱441.00
$6,819.46
−$740.07
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5122
–
$7,529.49
P PayPal App (P2P Transfer)Cheapest
0.4815
₱588.00
$6,794.61
−$734.88
M MoneyGram Agent
0.4815
₱588.00
$6,794.61
−$734.88
Western Union Agent
0.4764
₱441.00
$6,792.35
−$737.14
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5122
–
$7,529.49
P PayPal App (P2P Transfer)Cheapest
0.4815
₱588.00
$6,794.61
−$734.88
M MoneyGram Agent
0.4815
₱588.00
$6,794.61
−$734.88
Western Union Agent
0.4764
₱441.00
$6,792.35
−$737.14
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5099
–
$7,495.00
P PayPal App (P2P Transfer)Cheapest
0.4793
₱588.00
$6,763.49
−$731.51
M MoneyGram Agent
0.4793
₱588.00
$6,763.49
−$731.51
Western Union Agent
0.4742
₱441.00
$6,761.24
−$733.76
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5080
–
$7,468.32
P PayPal App (P2P Transfer)Cheapest
0.4776
₱588.00
$6,739.41
−$728.91
M MoneyGram Agent
0.4776
₱588.00
$6,739.41
−$728.91
Western Union Agent
0.4725
₱441.00
$6,737.17
−$731.15
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5061
–
$7,439.76
P PayPal App (P2P Transfer)Cheapest
0.4757
₱588.00
$6,713.64
−$726.12
M MoneyGram Agent
0.4757
₱588.00
$6,713.64
−$726.12
Western Union Agent
0.4707
₱441.00
$6,711.41
−$728.35
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5097
–
$7,492.15
P PayPal App (P2P Transfer)Cheapest
0.4791
₱588.00
$6,760.92
−$731.23
M MoneyGram Agent
0.4791
₱588.00
$6,760.92
−$731.23
Western Union Agent
0.4740
₱441.00
$6,758.67
−$733.48
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5121
–
$7,527.15
P PayPal App (P2P Transfer)Cheapest
0.4813
₱588.00
$6,792.50
−$734.65
M MoneyGram Agent
0.4813
₱588.00
$6,792.50
−$734.65
Western Union Agent
0.4762
₱441.00
$6,790.24
−$736.91
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5116
–
$7,520.40
P PayPal App (P2P Transfer)Cheapest
0.4809
₱588.00
$6,786.41
−$733.99
M MoneyGram Agent
0.4809
₱588.00
$6,786.41
−$733.99
Western Union Agent
0.4758
₱441.00
$6,784.16
−$736.24
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5116
–
$7,520.40
P PayPal App (P2P Transfer)Cheapest
0.4809
₱588.00
$6,786.41
−$733.99
M MoneyGram Agent
0.4809
₱588.00
$6,786.41
−$733.99
Western Union Agent
0.4758
₱441.00
$6,784.16
−$736.24
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5121
–
$7,527.63
P PayPal App (P2P Transfer)Cheapest
0.4814
₱588.00
$6,792.94
−$734.69
M MoneyGram Agent
0.4814
₱588.00
$6,792.94
−$734.69
Western Union Agent
0.4762
₱441.00
$6,790.68
−$736.95
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5172
–
$7,603.08
P PayPal App (P2P Transfer)Cheapest
0.4862
₱588.00
$6,861.02
−$742.06
M MoneyGram Agent
0.4862
₱588.00
$6,861.02
−$742.06
Western Union Agent
0.4810
₱441.00
$6,858.73
−$744.35
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5172
–
$7,603.47
P PayPal App (P2P Transfer)Cheapest
0.4862
₱588.00
$6,861.37
−$742.10
M MoneyGram Agent
0.4862
₱588.00
$6,861.37
−$742.10
Western Union Agent
0.4810
₱441.00
$6,859.09
−$744.38
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5230
–
$7,687.64
P PayPal App (P2P Transfer)Cheapest
0.4916
₱588.00
$6,937.33
−$750.31
M MoneyGram Agent
0.4916
₱588.00
$6,937.33
−$750.31
Western Union Agent
0.4864
₱441.00
$6,935.02
−$752.62
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5229
–
$7,685.95
P PayPal App (P2P Transfer)Cheapest
0.4915
₱588.00
$6,935.80
−$750.15
M MoneyGram Agent
0.4915
₱588.00
$6,935.80
−$750.15
Western Union Agent
0.4863
₱441.00
$6,933.50
−$752.45
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5194
–
$7,634.47
P PayPal App (P2P Transfer)Cheapest
0.4882
₱588.00
$6,889.35
−$745.12
M MoneyGram Agent
0.4882
₱588.00
$6,889.35
−$745.12
Western Union Agent
0.4830
₱441.00
$6,887.06
−$747.41
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5194
–
$7,634.47
P PayPal App (P2P Transfer)Cheapest
0.4882
₱588.00
$6,889.35
−$745.12
M MoneyGram Agent
0.4882
₱588.00
$6,889.35
−$745.12
Western Union Agent
0.4830
₱441.00
$6,887.06
−$747.41
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5191
–
$7,630.64
P PayPal App (P2P Transfer)Cheapest
0.4879
₱588.00
$6,885.89
−$744.75
M MoneyGram Agent
0.4879
₱588.00
$6,885.89
−$744.75
Western Union Agent
0.4828
₱441.00
$6,883.60
−$747.04
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
0.5216
–
$7,666.87
P PayPal App (P2P Transfer)Cheapest
0.4903
₱588.00
$6,918.59
−$748.28
M MoneyGram Agent
0.4903
₱588.00
$6,918.59
−$748.28
Western Union Agent
0.4850
₱441.00
$6,916.29
−$750.58
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Exchange rate
Fee
Recipient gets
Difference
Mid-market rate
0.5216
–
$7,666.87
P
PayPal App (P2P Transfer)
M
MoneyGram Agent
Western Union Agent
Each line shows what the recipient gets when you send ₱14,700, after fees, as quoted by each company. The mid-market line shows what ₱14,700 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 TWD per PHP 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 TWD on every transfer from the Philippines.
Right now, PayPal App (P2P Transfer) pays 6,918.59 TWD on 14,700 PHP, which is 748.28 TWD less than the mid-market amount.
Today's payout isn't the best this month though, since the highest receive amount was 6,937.33 TWD.
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 Taiwan.
We've tracked 177 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.
Transfer amount
P PayPal App (P2P Transfer)Appeared in 20 comparisons
Cheapest every time
M MoneyGram AgentAppeared in 20 comparisons
Never the cheapest
Western Union AgentAppeared in 20 comparisons
Never the cheapest
Nov 4Nov 10
Cheapest that dayNot cheapestNo quoteNo data collected
Based on 42 comparisons across 6 amounts over the last 7 days.
P PayPal App (P2P Transfer)Appeared in 86 comparisons
Cheapest every time
M MoneyGram AgentAppeared in 86 comparisons
Never the cheapest
Western Union AgentAppeared in 86 comparisons
Never the cheapest
Oct 12Nov 10
Cheapest that dayNot cheapestNo quoteNo data collected
Based on 177 comparisons across 6 amounts over the last 30 days.
P PayPal App (P2P Transfer)Appeared in 164 comparisons
Cheapest every time
M MoneyGram AgentAppeared in 164 comparisons
Never the cheapest
Western Union AgentAppeared in 164 comparisons
Never the cheapest
Aug 13Nov 10
Cheapest that dayNot cheapestNo quoteNo data collected
Based on 315 comparisons across 6 amounts over the last 90 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 PayPal App (P2P Transfer) is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.
Ways to send money from the Philippines to Taiwan
3 companies send money from the Philippines to Taiwan.
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.
Ways to fund PHP and receive TWD in Taiwan
With PayPal App (P2P Transfer), paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending ₱14,700 gives your recipient 6,918.59 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 mainly for domestic payments. GCash has an international transfer option, but it’s limited and usually costs more.
Your recipient in Taiwan can receive money by bank deposit.
1
Bank transfer→Bank deposit
You pay ₱14,700.00
NT$6,919
Cheapest
Check this before sending PHP to Taiwan
A few things to remember about money transfers from the Philippines to Taiwan.
1
Compare PHP/TWD transfer services
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 6,918.59 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 6,918.59 TWD, with collection available in minutes.
2
A large gift can trigger donor's tax
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.
InstaPay, PESONet, Maya, etc. move PHP between Philippine accounts only.
Some companies allow these as funding methods, but none of them can be used to send international transfers to Taiwan.
GCash can be used for international transfers, but it is limited and usually more expensive.
4
PDIC protection
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.
How we analyse the market
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.
In the past 30 days alone, we analysed 177 comparisons across 6 amounts.
This page covers the cheapest and fastest options for PHP/TWD 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.
Most pricing comes from the companies themselves. Where we collect it by hand, the table says so.
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