How to send money to Taiwan from 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 6,733.93 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.

Best companies for PHP/TWD transfers

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 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

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.
Send Money Between PayPal Accounts
PayPal App (P2P Transfer)

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
0 reviews
FastestPayPal 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 = 0.4772 TWD
$6,733.93You pay₱14,700.00
Send cash via a MoneyGram agent
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
0 reviews
CheapestUsing 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 = 0.4772 TWD
$6,733.93You pay₱14,700.00
Send cash via a Western Union agent
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
0 reviews
RecommendedBased on our editorial reviews, Western Union Agent is our recommended way to send money from Philippines to Taiwan.

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.

How to send money from Philippines to Taiwan

Pick a company

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.

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.

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 6,733.93 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.

  1. 1
    Bank transfer Bank deposit

    You pay ₱14,700.00

    NT$6,734

    Cheapest

Check this before sending PHP to Taiwan

A few things to remember about money transfers from Philippines to Taiwan.

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 6,733.93 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.

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.

The BIR's Form 1800 guidance explains the threshold, rate and filing deadline.

Philippine payment rails

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 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.

Live PHP-TWD Exchange Rate

Finding a better PHP to TWD rate

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

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.

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.