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How to Send Money from Philippines to India

Get the best deals when you transfer from Philippines to India. Find the cheapest, fastest, and most reliable providers with the best exchange rates.

Read on for the best deals, expert information, and all you need to send money to India from Philippines.

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Ways to send money from Philippines to India

The best rated provider for transfers from Philippines to India

CurrencyFair

Total number of PHP - INR providers

3

Average cheapest provider for transfers to India from Philippines

CurrencyFair

Average cost of the cheapest transfer from Philippines to India

₱118.56

Best for bank transfers from Philippines to India

CurrencyFair

Best for debit card transfers from Philippines to India

Instarem

Best for credit card transfers from Philippines to India

Instarem

You can always compare rates and fees based on your transfer amount and payment options when sending money.

The best way to send money from Philippines to India

Instarem is the best way to send money to India from Philippines. This is based on cost, speed, and how easy it is to use.

We analyzed 3 providers that allow PHP to INR transfers. Instarem emerged as the best option in 44.6% of searches.

How to send money from Philippines to India

Follow these steps to send money between Philippines and India

  1. Choose your provider. Register with the provider of your choice by clicking on the link above.

  2. Enter your details. Enter your details and provide any of the documents needed.

  3. Start your transfer. Tell your provider that you'd like to send money from Philippines to India, how much you'd like to send, and how you'd like to pay for your transfer. You'll also need to add your recipient's details.

  4. Check the recipient's details. This is really important. It can be very difficult to reverse a transfer from Philippines to India once it's been sent. Make sure all the details are correct before you submit.

  5. Send the money. When you've checked the details, you can make the transfer.

The cheapest way to send money from Philippines to India

The cheapest way to send money from Philippines to India is CurrencyFair. On average, transfers from Philippines to India with CurrencyFair cost ₱118.56, making them 0 cheaper than their nearest competitor.

CurrencyFair has been the cheapest way to send money from Philippines to India for the last three months, on average.

Just to make you aware, bankTransfer was the cheapest payment method.

The current mid-market rate between PHP and INR is 1.481197. The rate the time you transfer will impact your overall cost. As an example, CurrencyFair has averaged -0.05% below the mid-market rate over the last three months, generally making sending money a little cheaper before fees.

Note: The cheapest way to send money isn't always the fastest

CurrencyFair is the cheapest way to send money from Philippines to India, but make sure the timeframes work for you.

How the cost of sending money to India from Philippines is calculated

The cost of sending money from Philippines to Philippines depends on several things, including:

The mid-market rate

The current mid-market rate between PHP and INR is 1.481197. The rate the time you transfer will impact your overall cost. As an example, CurrencyFair has averaged -0.05% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.

The markup and fee

Providers will often charge a markup on the rate, fees, or both, for transfers between India and India. This is why Instarem is listed as our cheapest option - they offer the best combination of Philippine Peso to Indian Rupee rates (1.02) and fees (118.56).

Bank transfers from Philippines to India

Bank transfers are the most common way of sending PHP to India as they are secure, reliable, and convenient.

If you want to send Philippine Pesos to India via bank transfer, CurrencyFair has been the top rated provider in our comparison system for the last three months, recommended 98.8% of the time.

That’s because companies like CurrencyFair bypass the SWIFT network and rely on their own digital network of banks, making transfers faster and cheaper. As an example, CurrencyFair's transaction fees for Philippine Pesos into India have averaged at 117.58 for the last three months. This is significantly lower than the fees charged by banks.

Credit card payments from Philippines to India

Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.

If you want to send Philippine Pesos to India with a credit card, Instarem is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 2.9% of the time.

Note: Beware of charges

Credit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.

Debit card payments from Philippines to India

Debit card payments let you send money from the Philippines to India with the similar convenience of a credit card, and there are usually no tax advance fees. That said, you might still face currency exchange fees, processing fees, and other expenses, making this a pricier option than a simple bank transfer.

If you want to send Philippine Pesos to India with a debit card, Instarem is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 2.9% of the time.

Finding the best exchange rate for PHP to INR

The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many INRs you can get for your PHPs. The average Philippine Peso to Indian Rupee mid-market rate over the last month was 1.4848, with a low of 1.4735 and a high of 1.4905.

For comparison, the best exchange rate for PHP to INR right now is through CurrencyFair, at a difference of 1.03%.

How we find the best transfer deals from Philippines to India

We’ve compared the cost, speed, and product offering of the top money transfer services (including CurrencyFair) available between India and Philippines. Or comparison tool compares providers based on live fees, rates, and transfer times to make sure you get the best deal available.

We also produce unbiased, detailed reviews of all the top money transfer companies for sending Philippine Peso to India, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.

Check your provider is regulated

You should only ever use regulated providers to transfer money. If a provider is not regulated, it’s likely to be a scam.

Remember: We will only ever recommend regulated financial institutions.

FAQs

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Contributors

Aneeca Younas
Aneeca Younas, based in Abu Dhabi, is a distinguished writer specializing in Business Economics and Finance. With her robust academic background in Business Economics merged with a fervent passion for journalism, Aneeca stands out in the domain of international finance. Her extensive experience working with global finance companies has endowed her with a profound understanding of international money transfers, making her insights invaluable for those seeking to navigate the complexities of global financial transactions.