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Overall top choice: CurrencyFair
Of the 2 money transfer providers we tested and reviewed, CurrencyFair was a standout option for its combination of speed and cost.
Over the last six months, CurrencyFair appeared in 58.3% of searches for transfers between the Philippines and Italy.
When sending money from the Philippines to Italy, using CurrencyFair 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
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 2 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.
Cheapest way to send money to Italy from the Philippines: CurrencyFair
They offer an average fee of 3* PHP and exchange rate between PHP-EUR that is 0% different to the mid-market rate.
In comparison, CurrencyFair is 0% cheaper than the second-best option.
To secure affordable and great rates on a PHP to Italy transfer, CurrencyFair is our recommended choice.
*The most common fee applied to PHP-EUR by CurrencyFair, based on data from the past six months.
Fastest way to transfer money to Italy from the Philippines: CurrencyFair.
Through our data, we found CurrencyFair to be the fastest option for sending money from the Philippines into Euro in 58.3% of occasions. For fast PHP to EUR money transfers, CurrencyFair comes highly recommended.
the Philippines to Italy transfers with CurrencyFair have an average fee of 3 PHP.
To test that CurrencyFair was the 'fastest' option we compared 2 providers. With this, we compared overall speed of sending money from the Philippines to Italy made up of depositing Philippine Pesos, to a money transfer account and transfer times to Italy.
When sending at speed is a priority, CurrencyFair is our recommended choice for sending into Italy from Philippines.
Transferring large sums of money
Of the 2 money transfer companies tested, CurrencyFair 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.
CurrencyFair 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 0.0157 EUR per Philippine Peso.
Finding a provider offering an exchange as close to 0.0157 as possible will ensure more Euro received when transferring.
For context, the PHP-EUR mid-market rate for the past three months has averaged 0.0159 EUR per Philippine Peso. This includes a high of 0.0162, and low of 0.0156.
CurrencyFair 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. CurrencyFair currently offers the lowest fees on transfers to Italy from the Philippines, averaging 3 PHP over the last 6 months. 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.
Over the past six months, the mid-market rate from PHP to EUR has averaged 0.0159.
In this period there was a high of 0.0162, and a low of 0.0156.
CurrencyFair, which is our recommended service to send money online from Philippines to Italy offers an exchange rate with a mark up of 0% above the mid-market rate.
Want to secure the best PHP-Euro exchange rates?
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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 CurrencyFair 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, CurrencyFair is the cheapest way to send money via a bank transfer. This is of the 2 companies we tested when sending PHP to Italy.
With an average fee of 3 PHP to send money from the Philippines to Italy, CurrencyFair 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 Wise.
Wise is a leading money transfer company for debit card payments, and offers transfers from the Philippines to Italy.
Credit cards
When it comes to sending money with a credit card from the Philippines to Italy, Wise is our top choice of the 2 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 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 document.
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