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Compare the best ways to send money from Philippines to Micronesia

Get the best deals when you transfer from Philippines to Micronesia. 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 Micronesia from Philippines.

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How to send money from Philippines to Micronesia

Sending money from Philippines to Micronesia doesn’t have a huge amount of options. Because of this, we would recommend sending money via:

How to get the best deal on your Philippines to Micronesia transfer

Sending money from Philippines to Micronesia key insights and tips

1
Compare all the options

Don't settle for the first option. Always compare ways to send money from Philippines to Micronesia to find out about fees, speed, and reliability.

Your analysis should include all the providers that operate between Philippines and Micronesia. Through this, you get a comprehensive view of all the options you have in Philippines when you need to send money to Micronesia.

2
Think about the Philippine Peso-US Dollar exchange rate
3
Keep your money safe
4
Consider transfer limits
5
How to receive money in Micronesia
6
Have your ID ready
7
Don't forget about taxes

Cheapest way to send money from Philippines to Micronesia

Without any money transfer providers serving the Philippines to Micronesia route, the cheapest money transfer options are limited.

We would recommend using:

Understanding your money transfer costs: Philippines to Micronesia

When it comes to calculating the costs of money transfers between Philippines and Micronesia, here's what really matters:

The Mid-Market Rate: Today, the PHP-USD mid-market rate equals to 0.017778. Keep in mind that this rate fluctuates all the time.

The AUD-JPY average exchange rate of the past three months has been 0.0179, with a highest of 0.0182 and a lowest of 0.0175.

Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your PHP to USDtransfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.

How to find the best exchange rate for Philippine Peso to US Dollar

Timing is everything when it comes to sending money between PHP and USD. The exchange rate you secure impacts how much USD you get for your PHP.

Mid-market Rate
1
= 0.017774 USD

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from PHP to USD has seen some fluctuation. On average, it stood at 0.0179.

  • During this time, the highest value on records has been 0.0182, while the lowest has been 0.0175.

  • , which is our recommended service to send money online from Philippines to Micronesia offers an exchange rate that is only % above the mid-market rate.

Want to secure the best PHP-US Dollar exchange rates?

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What payment methods are available when sending money from Philippines to
Micronesia?

  • Sending bank transfers from Philippines to Micronesia

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

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

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

  • Sending money from Philippines to Micronesia by credit card

    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 Micronesia with a credit card, is your best option. They've been the top rated provider in our comparison system for the last three months, recommended % 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.

  • Sending money from Philippines to Micronesia by payment apps

    If you’d like to send money from Philippines to Micronesia via payment app, follow these steps:

    1. Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Philippines to Micronesia.

    2. Enter your details. Enter any of the details required. You may need a valid form of ID.

    3. Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Micronesia in US Dollar at this stage.

    4. Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Philippines to Micronesia after it’s been sent.

    5. Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the PHP to USD exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.

    The current mid-market rate of PHP to USD is 0.017778

Why trust our suggestions?

We compared the cost, speed, and product offerings of the leading money transfer services available between Micronesia and Philippines.


Our comparison engine and algorithms evaluate providers based on over 25 factors. Which include:

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 Micronesia .


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to USD.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

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Contributors

Giovanni Angioni
Giovanni Angioni, a journalist specialized in financial and political topics, has written for well-known outlets like La Stampa, Repubblica, the Economist, and Politico. His background in political sciences complements his extensive experience in covering major international events such as ASEAN and NATO summits, and European Council meetings. His insightful approach to global finance and politics enriches his role at MoneyTransfers.com, where he focuses on making personal finance relatable and understandable for a broad audience.