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Send money from Philippines to China
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Overall top choice: Wise
Of the 1 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Sending 400,000 PHP to CNY will cost you ₱2815.06 in fees, and you will receive 49,961.5 CNY.
When sending money from the Philippines to China, using Wise in a great option.
How to get the best deal on your Philippines to China transfer
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from Philippines to China.
- Choose a provider
Select the provider that offers you the best value & service for transfers between the Philippines and China.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to China.
Summary of recent searches
Considerations ahead of sending money from Philippines to China
A comparison of providers offering services between the Philippines and China, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 1 providers that provide services for sending Philippine Peso to China. This ensures you will get the best options for your transfer to China from the Philippines.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the Philippines to China.
Cheapest way to transfer money from Philippines to China: Wise
Data collected over the past week shows that Wise is 0% cheaper than the second-best option.
This includes the transfer fee of 2815.06 PHP an exchange rate for buying Yuan Renminbi with Philippine Pesos that is 0.05% different to the mid-market rate.
If you want to secure the best rates on transfers from Philippines to China, Wise will result in the most Yuan Renminbi received.
Fastest way to transfer money to China from the Philippines: Wise.
For example, if you send 400,000 PHP with Wise to China, the transfer time is within minutes
When using Wise to send money from the Philippines to China you can expect to pay 2815.06 PHP in fees. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 1 money transfer providers. To test overall speed of sending money from the Philippines to China we included the timeframe for depositing Philippine Peso to a money transfer account and average transfer times to China.
When sending money to China from Philippines quickly is a priority, Wise is our recommended choice.
Sending large amounts of money
Of the 1 companies compared, Wise has the strongest option for large transfers from the Philippines to China.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Philippine Peso to Yuan Renminbi.
The Wise rate makes them great for large transfers between China and the Philippines.
Understanding the cost of sending money to China from Philippines
The cost of sending money from China to China, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from PHP-CNY is 0.1263 CNY per Philippine Peso.
Finding a provider offering an exchange as close to 0.1263 as possible will ensure more Yuan Renminbi received when transferring.
For context, the PHP-CNY mid-market rate for the past week has averaged 0.1257 CNY per Philippine Peso. This includes a high of 0.1259, and low of 0.1255.
Wise currently offers the best exchange rate on transfers from the Philippines to China.
For the most part the PHP-CNY exchange rate you receive is the biggest factor impacting the cost of sending PHP to China.
Fees: Outside of exchange rates, you may need to pay a fee to send. Wise currently offers the lowest fees on transfers to China from the Philippines, costing 2815.06 PHP per transfer. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Yuan Renminbi is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Philippine Pesos to CNY, paired with a low fee, means a higher total amount received in China.
How to find the best exchange rate for Philippine Peso to Yuan Renminbi
Timing is essential for sending money between PHP and CNY. The exchange rate you secure impacts how much CNY you get for your PHP.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from PHP to CNY has seen some fluctuation. On average, it stood at 0.1257.
During this period, the highest value recorded was 0.1259, while the lowest was 0.1255.
Wise, which is our recommended service to send money online from Philippines to China offers an exchange rate that is only 0.05% above the mid-market rate.
Want to secure the best PHP-Yuan Renminbi exchange rates?
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Payment methods available to fund your Philippines to China transfer
Bank transfers
Bank transfers are often the better option for money transfers from the Philippines to China.
Sending money via a bank transfer with a company such as Wise for transfers from the Philippines to China allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the best provider for bank transfers of the 1 we tested when sending PHP to China.
With a fee of PHP2815.06 to send money from the Philippines to China, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Philippines to China with a prepaid or a debit card is very simple with .
is a leader in card payments for transfers from the Philippines to China, competing among a total of 1 active money transfer companies on this route.
Credit cards
We recommend avoiding credit card deposits as it usually means taking a cash advance and using it for the deposit. Instead, use a bank transfer or a debit card deposit to save on fees.
If you have to, we recommend running a comparison to find the best deal for your transfer.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between China 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 China.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to CNY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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