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Send money from Philippines to Italy
"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."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"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 4 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Sending 14,700 PHP to EUR will cost you ₱54.8 in fees, and you will receive 214.78 EUR.
When sending money from the Philippines to Italy, using Wise in a great option.
How to get the best deal on your Philippines to Italy transfer
Always compare rates
Money transfers to Italy should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from the Philippines to Italy.
Choose a provider
Select the provider that offers you the best value on your Philippine Peso & service for your needs.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Italy.
Summary of recent searches
What to consider ahead of money transfers from Philippines to Italy
Compare providers
Comparing based on your specific needs is the best way to send money from the Philippines to Italy with confidence.
Our analysis, and search results, include 4 providers that operate between the Philippines and Italy. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in the Philippines when you need to send money to Italy.
Understand the Philippine Peso-Euro exchange rate
Choose the right payment method
Use providers regulated in Philippines and Italy
Consider transfer limits
Receiving money in Italy
Have your ID ready
Don't forget about taxes
The fastest way to send money to Italy from Philippines is by sending cash
Cash transfers are almost instant in most cases.
However, in some cases, it can take a few days to process, depending on your branch, how much you are sending, and the deposit method you use.
Considering there aren’t many PHP/EUR transfer options available, this is by far the fastest way to do it.
The cheapest way to to send money to Italy from Philippines is via PayPal P2P Transfer
The coverage of PHP/EUR transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a PHP transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Transferring large sums of money
Of the 4 money transfer companies tested, Wise is the strongest option for large transfers from the Philippines to Italy.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from the Philippines to Italy can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to PHP because they offer a strong all-round product.
Understanding the cost of sending money to Italy from Philippines
The cost of sending money from Italy to Italy, 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-EUR is 0.0147 EUR per Philippine Peso.
Finding a provider offering an exchange as close to 0.0147 as possible will ensure more Euro received when transferring.
For context, the PHP-EUR mid-market rate for the past week has averaged 0.0147 EUR per Philippine Peso. This includes a high of 0.0148, and low of 0.0147.
Wise currently offers the best exchange rate on transfers from the Philippines to Italy.
For the most part the PHP-EUR exchange rate you receive is the biggest factor impacting the cost of sending PHP to Italy.
Fees: Outside of exchange rates, you may need to pay a fee to send. Wise currently offers the lowest fees on transfers to Italy from the Philippines, costing 54.8 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 Euro 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 EUR, paired with a low fee, means a higher total amount received in Italy.
Finding the best exchange rate between Philippine Peso and Euro
Getting a strong exchange rate between PHP and EUR is essential. The exchange rate you secure impacts how much EUR you get for your PHP.
It can pay to track rates, and keep on top of currency trends.
In the past 7 days, the mid-market rate from PHP to EUR has averaged 0.0147.
In this period there was a high of 0.0148, and a low of 0.0147.
Wise, which is our recommended service to send money online from Philippines to Italy offers 0.0147 EUR per PHP which is only -0.19% above the mid-market rate.
Want to secure the best PHP-Euro 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 Italy!
Funding your Philippines to Italy money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from the Philippines to Italy.
By using a money transfer company such as Wise for transfers from the Philippines to Italy, 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, Wise is the cheapest way to send money via a bank transfer. This is of the 4 companies we tested when sending PHP to Italy.
With a fee of 54.8 PHP to send money from the Philippines to Italy, Wise offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Philippines to Italy with a debit or a prepaid card is easy with Western Union Agent.
Western Union Agent is a leading money transfer company for debit card payments, and offers transfers from the Philippines to Italy.
Credit cards
We recommend avoiding credit card transfers due to high fees, and instead, you should consider a bank transfer or a debit card deposit.
However, if you do need to use a credit card to fund your transfer, use our comparison tool to get the latest deal.
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 Italy 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 Italy.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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