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Overall best way: Wise
We tested & reviewed 6 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 44.4% of Philippines to Hong Kong searches, and was the top rated company supporting payments the Philippines into Hong Kong Dollar.
So for a great mix of cost, speed & features, make your Philippines to Hong Kong transfer using Wise.
How to get the best deal on sending money from Philippines to Hong Kong
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from the Philippines to Hong Kong.
- Choose a provider
Select the provider that offers you the best value on buying HKD & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Considerations to make sending money from Philippines to Hong Kong easy
Comparing the different providers offering services between the Philippines and Hong Kong, is the best way to send money with confidence.
The 6 providers we've compared ensures you will get the best options for your transfer to Hong Kong from Philippines. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Philippine Peso to Hong Kong.
Cheapest way to transfer money from Philippines to Hong Kong: Wise
Data collected over the past six months shows that Wise is 0.5% cheaper than the second-best option.
This includes an average transfer fee of 0* PHP an exchange rate for buying Hong Kong Dollar with Philippine Pesos that is 0% different to the mid-market rate.
If you want to secure the best rates on transfers from Philippines to Hong Kong, Wise will result in the most Hong Kong Dollar received.
*The most common fee applied to PHP-HKD by Wise, based on data from the past six months.
Fastest way to transfer money to Hong Kong from the Philippines: Wise.
Through our data, we found Wise to be the fastest option for sending money from the Philippines into Hong Kong Dollar in 44.4% of occasions. For fast PHP to HKD money transfers, Wise comes highly recommended.
the Philippines to Hong Kong transfers with Wise have an average fee of 17.73 PHP.
To test that Wise was the 'fastest' option we compared 6 providers. With this, we compared overall speed of sending money from the Philippines to Hong Kong made up of depositing Philippine Pesos, to a money transfer account and transfer times to Hong Kong.
When sending at speed is a priority, Wise is our recommended choice for sending into Hong Kong from Philippines.
Need to make a large transfer?
Wise is the best option for large transfers of the 6 providers compared.
While Wise may not always be the cheapest or fastest way to send PHP from the Philippines to Hong Kong, it's a great provider for larger transfers for things like buying or selling property.
Understanding the costs involved when transferring money from Philippines to Hong Kong
When calculating the costs of money transfers between Philippines and Hong Kong, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the PHP-HKD mid-market rate equals 0.1347 HKD per Philippine Peso.
For reference, the PHP-HKD average mid-market rate for the past three months has been 0.1372 HKD per Philippine Peso, with a high of 0.1403 and a low of 0.1327.
The company offering the best exchange rate is Wise.
Often the PHP-HKD exchange rate you receive is the bigger factor than how much it costs to send Philippine Pesos to Hong Kong.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Instarem, averaging 0 PHP over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Hong Kong Dollar is the biggest indicator the total cost of sending money from the Philippines to Hong Kong. Essentially, the more the recipient receives in Hong Kong, the less it is costing to send from the Philippines.
Finding the best exchange rate between Philippine Peso and Hong Kong Dollar
Getting a strong exchange rate between PHP and HKD is essential. The exchange rate you secure impacts how much HKD you get for your PHP.
It can pay to track rates, and keep on top of currency trends.
Over the past six months, the mid-market rate from PHP to HKD has averaged 0.1372.
In this period there was a high of 0.1403, and a low of 0.1327.
Wise, which is our recommended service to send money online from Philippines to Hong Kong offers an exchange rate with a mark up of 0% above the mid-market rate.
Want to secure the best PHP-Hong Kong Dollar exchange rates?
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Payment methods available to fund your Philippines to Hong Kong transfer
Bank transfers
Bank transfers are often the better option for money transfers from the Philippines to Hong Kong.
Sending money via a bank transfer with a company such as Wise for transfers from the Philippines to Hong Kong 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 6 we tested when sending PHP to Hong Kong.
With an average fee of PHP17.73 to send money from the Philippines to Hong Kong, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Philippines to Hong Kong with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from the Philippines to Hong Kong, competing among a total of 6 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from the Philippines to Hong Kong, Instarem emerges as our top choice of the 6 companies offering this service.
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 Hong Kong 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 Hong Kong.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to HKD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
