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Overall best way: Moneycorp
We tested & reviewed 6 transfer providers, and Moneycorp scored highly.
In the last six months, Moneycorp appeared in 43.3% of Philippines to Nigeria searches, and was the top rated company supporting payments the Philippines into Naira.
So for a great mix of cost, speed & features, make your Philippines to Nigeria transfer using Moneycorp.
How to get the best deal on sending money from Philippines to Nigeria
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from the Philippines to Nigeria.
- Choose a provider
Select the provider that offers you the best value on buying NGN & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
What to consider ahead of money transfers from Philippines to Nigeria
Comparing based on your specific needs is the best way to send money from the Philippines to Nigeria with confidence.
Our analysis, and search results, include 6 providers that operate between the Philippines and Nigeria. 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 Nigeria.
Cheapest way to send money to Nigeria from the Philippines: Moneycorp
Data collected through our comparison over the past six months shows that Moneycorp is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* PHP and an exchange rate for buying Naira with Philippine Peso that is 1.93% different to the mid-market rate.
If you want to secure the best rates on a Philippines to Nigeria transfer, Moneycorp offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to PHP-NGN by Moneycorp, based on data from the past six months.
Fastest money transfers from Philippines to Nigeria: Moneycorp.
Through our comparison, we found Moneycorp to be the fastest option to transfer money from the Philippines to Naira in 41.2% of instances.
Over the last six months, sending money from the Philippines to Nigeria through Moneycorp have an average fee of 0 PHP.
Moneycorp was one of 6 money transfer providers we compared for overall speed of sending money from the Philippines to Nigeria. This speed test included depositing Philippine Pesos to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Moneycorp is our best choice for sending from Philippines to Nigeria.
Sending large amounts of money
Of the 6 companies compared, Moneycorp has the strongest option for large transfers from the Philippines to Nigeria.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Philippine Peso to Naira.
The Moneycorp rate makes them great for large transfers between Nigeria and the Philippines.
Understanding the cost of transferring money to Nigeria from Philippines
Fees and exchange rates make up the total cost of sending money from Nigeria to Nigeria. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current PHP-NGN mid-market rate is 28.4343 NGN per Philippine Peso. You will get more Naira for your Philippine Pesos if you find a provider close to this number.
For context, over the last three months the PHP-NGN mid-market rate has had a high of 29.8045, a low of 22.7953 and averaged 26.988 NGN per Philippine Peso.
Across the 6 companies compared, the best exchange rate is with Moneycorp.
Unless fees are unusually high, the exchange rate you receive on converting PHP to NGN will be the biggest determining factor when working out the cost of transferring Philippine Pesos to Nigeria.
Fees: Transfer fees are charged as part of the transfer. Moneycorp at an average of 0 PHP per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Naira eventually received in Nigeria. You can assume that a lower cost of sending from the Philippines will result in more money received in Nigeria.
Finding the best exchange rate between Philippine Peso and Naira
Getting a strong exchange rate between PHP and NGN is essential. The exchange rate you secure impacts how much NGN 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 NGN has averaged 26.988.
In this period there was a high of 29.8045, and a low of 22.7953.
Moneycorp, which is our recommended service to send money online from Philippines to Nigeria offers an exchange rate with a mark up of 1.93% above the mid-market rate.
Want to secure the best PHP-Naira exchange rates?
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Funding your Philippines to Nigeria money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from the Philippines to Nigeria.
By using a money transfer company such as Moneycorp for transfers from the Philippines to Nigeria, 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, Moneycorp is the cheapest way to send money via a bank transfer. This is of the 6 companies we tested when sending PHP to Nigeria.
With an average fee of 0 PHP to send money from the Philippines to Nigeria, Moneycorp offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Philippines to Nigeria with a debit or a prepaid card is easy with Instarem.
Instarem is a leading money transfer company for debit card payments, and offers transfers from the Philippines to Nigeria.
Credit cards
When it comes to sending money with a credit card from the Philippines to Nigeria, Instarem is our top choice of the 6 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 Nigeria 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 Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
