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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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
Overall top choice: Wise
Of the 2 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Sending 400,000 PHP to EUR will cost you ₱1130.84 in fees, and you will receive 5,960.86 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
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: Wise
They offer a fee of 1130.84 PHP and exchange rate between PHP-EUR that is 0.27% different to the mid-market rate.
In comparison, Wise is 1.51% cheaper than the second-best option.
To secure affordable and great rates on a PHP to Italy transfer, Wise is our recommended choice.
Fastest way to transfer money to Italy from the Philippines: Wise.
Of 2 companies compared, Wise offers the quickest way to send Philippine Pesos to Italy.
For example, sending ₱400,000 to Italy with Wise will be within minutes.
But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.
the Philippines to Italy transfers with Wise have a fee of 1130.84 PHP.
To test that Wise 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, Wise is our recommended choice for sending into Italy from Philippines.
Transferring large sums of money
Of the 2 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 0.0149 EUR per Philippine Peso.
Finding a provider offering an exchange as close to 0.0149 as possible will ensure more Euro received when transferring.
For context, the PHP-EUR mid-market rate for the past week has averaged 0.015 EUR per Philippine Peso. This includes a high of 0.0151, and low of 0.0149.
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 1130.84 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 0.015.
In this period there was a high of 0.0151, and a low of 0.0149.
Wise, which is our recommended service to send money online from Philippines to Italy offers 0.0149 EUR per PHP which is only 0.27% 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 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 2 companies we tested when sending PHP to Italy.
With a fee of 1130.84 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 .
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 document.
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