Best choice: CurrencyFair
We tested & reviewed dozens of money transfer providers, and CurrencyFair scored highly.
CurrencyFair appeared in 45.8% of the Philippines to Canada searches in the last 6 months, and was the top rated company out of 6 that support PHP to CAD.
So for a great blend of cost, speed & features, make your the Philippines to Canada transfer using CurrencyFair.
How to get the best deal on sending money from Philippines to Canada
Sending money from Philippines to Canada considerations
A comparison of providers offering services between the Philippines and Canada is the easiest way to ensure the best deal.
We've compared 6 providers that offer services for sending Philippine Peso to Canada.
This ensures you will get the best options for your transfer to Canada from the Philippines.
Whilst we rate CurrencyFair as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the Philippines to Canada.
Cheapest way to send money to Canada from the Philippines: CurrencyFair
Data collected through our comparison over the past six months shows that CurrencyFair is 0% cheaper than the second-best option.
The cost is made up of an average fee of 3.99* PHP and an exchange rate for buying Canadian Dollar with Philippine Peso that is 0% different to the mid-market rate.
If you want to secure the best rates on a Philippines to Canada transfer, CurrencyFair offers value. We would still recommend searching for the amount you want to send to Canada.
*The most common fee applied to PHP-CAD by CurrencyFair, based on data from the past six months.
Fastest way to transfer money to Canada from the Philippines: CurrencyFair.
Through our data, we found CurrencyFair to be the fastest option for sending money from the Philippines into Canadian Dollar in 55.8% of occasions. For fast PHP to CAD money transfers, CurrencyFair comes highly recommended.
the Philippines to Canada transfers with CurrencyFair have an average fee of 4 PHP.
To test that CurrencyFair was the 'fastest' option we compared 6 providers. With this, we compared overall speed of sending money from the Philippines to Canada made up of depositing Philippine Pesos, to a money transfer account and transfer times to Canada.
When sending at speed is a priority, CurrencyFair is our recommended choice for sending into Canada from Philippines.
Sending a large amount of money?
Of the 6 providers compared, CurrencyFair is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while CurrencyFair may not always be the fastest or cheapest way to send money from Philippines to Canada, it's a great provider for things like buying or selling property.
Understanding the costs involved when moving money from Philippines to Canada
The total cost of money transfers to Canada from the Philippines, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for PHP-CAD is 0.0239 CAD per Philippine Peso.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Canadian Dollar for your Philippine Pesos.
On average for the last three months, the PHP-CAD mid-market rate has been 0.0238 CAD per Philippine Peso. This hit a high of 0.0244, and a low of 0.0232.
From the 6 companies compared, CurrencyFair offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting PHP to CAD.
Fees: Some money transfers between the Philippines and Canada will be subject to fees. CurrencyFair has had an average fee of 3.99 PHP per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Canadian Dollar eventually received in Canada.
This number should guide you, as a higher amount of money received in Canada means a better overall cost of sending money from the Philippines.
How to find the best exchange rate for Philippine Peso to Canadian Dollar
Timing is essential for sending money between PHP and CAD. The exchange rate you secure impacts how much CAD you get for your PHP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from PHP to CAD has seen some fluctuation. On average, it stood at 0.0238.
During this period, the highest value recorded was 0.0244, while the lowest was 0.0232.
CurrencyFair, which is our recommended service to send money online from Philippines to Canada offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best PHP-Canadian Dollar exchange rates?
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Funding your Philippines to Canada money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Canada and Philippines.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Philippines to Canada.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to CAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.