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Best recommended: Payoneer
Of the 3 money transfer providers tested and reviewed, Payoneer scored highly for its competitive rates and fees.
Payoneer appeared in 100% of Philippines to Cuba searches, and was the top rated company supporting PHP to CUC transfers.
Make your Philippines to Cuba transfer using Payoneer for the best mix of cost and speed.
Compare for the best deal on your Philippines to Cuba transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from the Philippines to Cuba.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for PHP to CUC transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to Cuba.
Summary of recent searches
Considerations ahead of sending money from Philippines to Cuba
A comparison of providers offering services between the Philippines and Cuba, 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 3 providers that provide services for sending Philippine Peso to Cuba. This ensures you will get the best options for your transfer to Cuba from the Philippines.
Whilst we rate Payoneer as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the Philippines to Cuba.
Cheapest way to send money to Cuba from the Philippines: Sokin
They offer an average fee of 0* PHP and exchange rate between PHP-CUC that is 0.5% different to the mid-market rate.
In comparison, Sokin is 0.7% cheaper than the second-best option.
To secure affordable and great rates on a PHP to Cuba transfer, Sokin is our recommended choice.
*The most common fee applied to PHP-CUC by Sokin, based on data from the past six months.
Fastest way to transfer money to Cuba from the Philippines: Payoneer.
Through our data, we found Payoneer to be the fastest option for sending money from the Philippines into Peso Convertible in 100% of occasions. For fast PHP to CUC money transfers, Payoneer comes highly recommended.
the Philippines to Cuba transfers with Payoneer have an average fee of 0 PHP.
To test that Payoneer was the 'fastest' option we compared 3 providers. With this, we compared overall speed of sending money from the Philippines to Cuba made up of depositing Philippine Pesos, to a money transfer account and transfer times to Cuba.
When sending at speed is a priority, Payoneer is our recommended choice for sending into Cuba from Philippines.
Sending large amounts of money
Of the 3 companies compared, Payoneer has the strongest option for large transfers from the Philippines to Cuba.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Philippine Peso to Peso Convertible.
The Payoneer rate makes them great for large transfers between Cuba and the Philippines.
Understanding the cost of transferring money to Cuba from Philippines
Fees and exchange rates make up the total cost of sending money from Cuba to Cuba. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current PHP-CUC mid-market rate is 0.017 CUC per Philippine Peso. You will get more Peso Convertible for your Philippine Pesos if you find a provider close to this number.
For context, over the last three months the PHP-CUC mid-market rate has had a high of 0.0179, a low of 0.017 and averaged 0.0173 CUC per Philippine Peso.
Across the 3 companies compared, the best exchange rate is with Sokin.
Unless fees are unusually high, the exchange rate you receive on converting PHP to CUC will be the biggest determining factor when working out the cost of transferring Philippine Pesos to Cuba.
Fees: Transfer fees are charged as part of the transfer. Sokin at an average of 0 PHP per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Peso Convertible eventually received in Cuba. You can assume that a lower cost of sending from the Philippines will result in more money received in Cuba.
How to find the best exchange rate for Philippine Peso to Peso Convertible
Timing is essential for sending money between PHP and CUC. The exchange rate you secure impacts how much CUC you get for your PHP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from PHP to CUC has seen some fluctuation. On average, it stood at 0.0173.
During this period, the highest value recorded was 0.0179, while the lowest was 0.017.
Payoneer, which is our recommended service to send money online from Philippines to Cuba offers an exchange rate that is only 1.5% above the mid-market rate.
Want to secure the best PHP-Peso Convertible exchange rates?
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Funding your Philippines to Cuba money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from the Philippines to Cuba.
By using a money transfer company such as Sokin for transfers from the Philippines to Cuba, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank.
On average, Sokin is the cheapest way to send money via a bank transfer. This is of the 3 companies we tested when sending PHP to Cuba.
With an average fee of 0 PHP to send money from the Philippines to Cuba, Sokin offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Philippines to Cuba with a debit or a prepaid card is easy with .
is a leading money transfer company for debit card payments, and offers transfers from the Philippines to Cuba.
Credit cards
When it comes to sending money with a credit card from the Philippines to Cuba, is our top choice of the 3 companies offering this service.
Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, 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 Cuba 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 Cuba.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to CUC.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
