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Overall best choice: CurrencyFair
We tested & reviewed dozens of money transfer providers, and CurrencyFair scored highly.
CurrencyFair appeared in 94.5% of Philippines to Indonesia searches, and was the top rated company out of 3 that support PHP to IDR.
So for a great mix of cost, speed & features, make your Philippines to Indonesia transfer using CurrencyFair.
How to get the best deal on your Philippines to Indonesia transfer
Summary of recent searches
Important things to consider before sending money from Philippines to Indonesia
Don't settle for the first option. Always compare ways to send money from Philippines to Indonesia to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between Philippines and Indonesia.
Through this, you get a comprehensive view of all the options you have in Philippines when you need to send money to Indonesia.
Cheapest way to send money to Indonesia from Philippines: CurrencyFair
Data collected over the past six months shows that CurrencyFair is 0% cheaper than the second-best option.
The ₱20000 transfer cost represents the most common fee for PHP to IDR international transfers, based on data from the past six months.
If you want to secure the best rates on a PHP to Indonesia transfer, make sure you pick CurrencyFair to send your money online.
*The most common fee applied to PHP-IDR by CurrencyFair, based on data from the past six months.
Fastest way to send money from Philippines to Indonesia: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from Philippines to Indonesia in 94.8% of searches. This makes them well suited to urgent PHP to IDR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Philippines to Indonesia - 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 Indonesia from Philippines in 94.8% 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 Indonesia, it’s the provider that will keep you safe and relaxed while your money moves into IDR.
Understanding the costs involved when moving money from Philippines to Indonesia
When calculating the costs of money transfers between Philippines and Indonesia, here's what really matters:
The Mid-Market Rate: Today, the PHP-IDR mid-market rate equals to 281.599542 IDR per Philippine Peso.
The PHP-IDR average exchange rate for the past three months has been 279.3609 IDR per Philippine Peso, with a high of 282.7855 and a low of 275.8384.
When looking to send money, we'd recommend CurrencyFair. On average CurrencyFair is 0.67% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from PHP to IDR.
How to find the best exchange rate for Philippine Peso to Rupiah
Timing is essential for sending money between PHP and IDR. The exchange rate you secure impacts how much IDR you get for your PHP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from PHP to IDR has seen some fluctuation. On average, it stood at 279.3609.
During this period, the highest value recorded was 282.7855, while the lowest was 275.8384.
CurrencyFair, which is our recommended service to send money online from Philippines to Indonesia offers an exchange rate that is only 0.67% above the mid-market rate.
Want to secure the best PHP-Rupiah exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Philippines to Indonesia!
Payment methods available to fund your Philippines to Indonesia transfer
Bank transfers
Bank transfers are often the default option for sending money from Philippines to Indonesia.
By using a money transfer company such as CurrencyFair for transfers from Philippines to Indonesia, 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 Indonesia.
With an average fee of PHP20000 to send money from Philippines to Indonesia, CurrencyFair offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Philippines to Indonesia with a debit or a prepaid card is very simple with Instarem.
Instarem is a leader in debit card payments for transfers from Philippines to Indonesia, competing among a total of 3 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Philippines to Indonesia, Instarem emerges as our top choice of the 3 companies offering this service.
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 Indonesia 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 Indonesia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to IDR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
