How to send money to Morocco from Philippines with the best PHP-MAD rate
Get the best deals when you send money from the Philippines to Morocco. Find the best, cheapest, and fastest, providers for PHP to MAD transfers and exchange rates.
Read on for insights and expert information, and all you need to make money transfers to Morocco from Philippines.
Transferring the other way? Send MAD from Morocco to Philippines instead.
"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."
"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."
"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."
"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."
"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."
"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."
Best recommended: Wise
Of the 4 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
A transfer of 14,700 Philippine Pesos to MAD will cost you ₱470.88 in fees, and you will receive 2,217.78 MAD. The transfer time is within a week, but might be a bit longer depending on the day you make the transfer.
Make your Philippines to Morocco transfer using Wise for the best mix of cost and speed.
How to compare deals on your Philippines to Morocco transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from the Philippines to Morocco.
Choose a provider
Select the provider that offers you the best value & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Morocco from the Philippines.
Summary of recent searches
Understanding Philippines to Morocco money transfers
Comparing providers when sending money from the Philippines to Morocco is the easiest way to make a transfer at the best price.
We’ve compared 4 providers for sending Philippine Peso to Morocco. This ensures you will get the best options for your transfer to Morocco from the Philippines.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from the Philippines to Morocco.
The fastest way to send money to Morocco 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/MAD transfer options available, this is by far the fastest way to do it.
The cheapest way to to send money to Morocco from Philippines is via PayPal P2P Transfer
The coverage of PHP/MAD 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).
Send large sums of money
Wise offers the strongest all round option for large transfers of the 4 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Moroccan Dirham to Moroccan Dirham.
As such, opt for Wise for sending large sums of money to Morocco from the Philippines.
Understanding the cost of moving money from Philippines to Morocco
The total cost of sending money to Morocco from the Philippines, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for PHP-MAD is 0.1556 MAD per Philippine Peso.
Finding a company offering an exchange rate closer to this will mean more Moroccan Dirham for your Philippine Peso.
The average PHP-MAD mid-market rate for the last 7 days has been 0.1564 MAD per Philippine Peso. This includes a high of 0.1567, and low of 0.1552.
Out of the 4 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting PHP to MAD should be the biggest determining cost factor when transferring Philippine Peso to Morocco.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Wise has a fee of 470.88 PHP per transfer (which is the cheapest option right now for a ₱14,700 transfer).
Although you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Moroccan Dirham eventually received in Morocco.
A lower cost of sending from the Philippines will result in more money received in Morocco.
How to find the best exchange rate for Philippine Peso to Moroccan Dirham
Timing is essential for sending money between PHP and MAD. The exchange rate you secure impacts how much MAD you get for your PHP.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from PHP to MAD has seen some fluctuation. On average, it stood at 0.1564.
During this period, the highest value recorded was 0.1567, while the lowest was 0.1552.
Wise, which is our recommended service to send money online from Philippines to Morocco offers an exchange rate that is only -0.45% above the mid-market rate.
Want to secure the best PHP-Moroccan Dirham 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 Morocco!
Funding your Philippines to Morocco transfer
Bank transfers
The default option for sending money from the Philippines to Morocco is often a bank transfer.
Using a money transfer company, such as Wise for transfers from the Philippines to Morocco, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 4 we tested, the cheapest provider for bank transfers from PHP to Morocco is Wise.
With a fee of PHP470.88 to send money from the Philippines to Morocco, Wise offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from the Philippines to Morocco with a prepaid or debit card is easy with Western Union Agent.
Western Union Agent is a leader in accepting card payments for transfers between the Philippines and Morocco.
Credit cards
When it comes to international credit card transfers from the Philippines to Morocco, we to get the best deal.
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. 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 Morocco 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 Morocco.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to MAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from Philippines
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Can I send money from Philippines to Morocco with MoneyTransfers.com?
What are the typical transfer fees for sending Philippine Pesos to Morocco through various providers?
How long does it take to send money from Philippines to Morocco?
What is the best exchange rate I can get for sending money from Philippines to Morocco?
Are there any minimum or maximum transfer amounts for sending money from Philippines to Morocco?
Can I schedule regular transfers between Philippines and Morocco?
Tools & resources
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