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Overall best choice: CurrencyFair
We tested & reviewed dozens of money transfer providers, and CurrencyFair scored highly.
CurrencyFair appeared in 98% of Philippines to Canada searches, and was the top rated company out of 3 that support PHP to CAD.
So for a great mix of cost, speed & features, make your Philippines to Canada transfer using CurrencyFair.
How to get the best deal on your Philippines to Canada transfer
Summary of recent searches
Important things to consider before sending money from Philippines to Canada
Don't settle for the first option. Always compare ways to send money from Philippines to Canada to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between Philippines and Canada.
Through this, you get a comprehensive view of all the options you have in Philippines when you need to send money to Canada.
Cheapest way to send money to Canada from Philippines: CurrencyFair
Data collected over the past six months show that CurrencyFair is 0% cheaper than the second-best option.
The ₱4 transfer cost represents the most common fee for PHP to CAD international transfers, based on data from the past six months.
If you want to secure the best rates on a PHP to Canada transfer, make sure you pick CurrencyFair to send your money online.
*The most common fee applied to PHP-CAD by CurrencyFair, based on data from the past six months.
Fastest way to send money from Philippines to Canada: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from Philippines to Canada in 98.3% of searches. This makes them well suited to urgent PHP to CAD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Philippines to Canada - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to Canada from Philippines in 98.3% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is CurrencyFair.
While CurrencyFair may not always be the cheapest or fastest way to send PHP from Philippines to Canada, it’s the provider that will keep you safe and relaxed while your money moves into CAD.
Understanding the costs involved when moving money from Philippines to Canada
When calculating the costs of money transfers between Philippines and Canada, here's what really matters:
The Mid-Market Rate: Today, the PHP-CAD mid-market rate equals to 0.023895 CAD per Philippine Peso. Keep in mind that this rate fluctuates all the time.
The PHP-CAD average exchange rate of the past three months has been 0.0243 CAD per Philippine Peso, with a high of 0.0249 and a low of 0.0237.
Fees and Markups: That's where CurrencyFair shines, combining the best of both worlds: excellent PHP to CAD rates that are only 0.68% away from the average.
How to find the best exchange rate for Philippine Peso to Canadian Dollar
Timing is essential 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 0.0243.
During this period, the highest value recorded was 0.0249, while the lowest was 0.0237.
CurrencyFair, which is our recommended service to send money online from Philippines to Canada offers an exchange rate that is only 0.68% above the mid-market rate.
Want to secure the best PHP-Canadian Dollar exchange rates?
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Payment methods available to fund your Philippines to Canada transfer
Bank transfers
Bank transfers are often the default option for sending money from Philippines to Canada.
By using a money transfer company such as CurrencyFair for transfers from Philippines to Canada, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, CurrencyFair is the cheapest provider for bank transfers from the 3 we tested when sending PHP to Canada.
With an average fee of PHP4 to send money from Philippines to Canada, CurrencyFair offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Philippines to Canada with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Philippines to Canada, competing among a total of 3 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from Philippines to Canada, Instarem emerges as our top choice of the 3 companies offering this service.
Our comparison engine's last six months of data on PHP to CAD searches show Instarem has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
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.
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.
Money transfer company reviews
