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Send money from Philippines to Nigeria
"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."
"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."
"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."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Best recommended: Wise
Of the 4 money transfer providers tested and reviewed, Wise will get you the most NGN (363,475.35) based on our 7-day analysis.
Wise appeared in 100% of Philippines to Nigeria searches, and was the top rated company supporting PHP to NGN transfers.
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
Considerations for sending money from Philippines to Nigeria
Compare providers
Always compare ways to send money from the Philippines to Nigeria to get the best options for fees, speed, and reliability.
Our analysis included 4 providers that operate between Philippines and Nigeria.
Through this, you get a comprehensive view of all the options you have in the Philippines when you need to send money to Nigeria.
Track the Philippine Peso-Naira exchange rate
Choose the right payment method
Use regulated providers
Consider transfer limits
How to receive money in Nigeria
Have your ID ready
Don't forget about taxes
The fastest way to send money to Nigeria 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/NGN transfer options available, this is by far the fastest way to do it.
Fastest way to send money to Nigeria from the Philippines: Wise
Our comparison shows that Wise is the fastest option for sending Philippine Peso into Naira 100% of the time.
With Wise, the average transfer time is: within minutes (based on a 7-day average ).
A PHP-Naira transfer through Wise comes with an average 93.68 PHP fee.
This comparison is based on the overall speed of sending 14,700 PHP to Nigeria and is a combination of depositing Philippine Peso, transfer times to Nigeria and withdrawal timeframes, where applicable.
When speed is a priority, Wise is the top choice for sending into Nigeria from the Philippines.
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 Naira to Naira.
As such, opt for Wise for sending large sums of money to Nigeria from the Philippines.
Pick the right payment method when sending money to Nigeria from Philippines
When sending money to Nigeria from Philippines, it is important to consider your needs and the payment method you will be using. Some payment methods can be faster but will cost more, while others might have lower fees but get you more NGN.
Below is the data from our search results from the past week. It is based on ₱14,700 transfer to Nigeria from Philippines.
Overall best way to send money to Nigeria from Philippines
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Wise (appeared 1 times last week) | 24.8848 (-0.73% markup) | 93.68 | 363,475.35 NGN |
Bank transfer deposit | Wise (appeared in 100% of the searches last week) | 24.8848 (-0.73% markup) | 93.68 | 363,475.35 NGN |
Debit card deposit | Western Union Agent (appeared 1/7 times in the past 7 days) | 23.4694 (5% markup) | 3 | 344,929.28 NGN |
Cheapest money transfer companies to send money to Nigeria from Philippines
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Wise (appeared 1 times last week) | 24.8848 (-0.73% markup) | 93.68 | 363,475.35 NGN |
Bank transfer deposit | Wise (appeared in 100% of the searches last week) | 24.8848 (-0.73% markup) | 93.68 | 363,475.35 NGN |
Debit card deposit | Western Union Agent (appeared 1/7 times in the past 7 days) | 23.4694 (5% markup) | 3 | 344,929.28 NGN |
Money transfer companies with the lowest PHP fees
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Western Union Agent (appeared 1 times last week) | 23.4694 (5% markup) | 3 | 344,929.28 NGN |
Bank transfer deposit | Western Union Agent (appeared in 100% of the searches last week) | 23.4694 (5% markup) | 3 | 344,929.28 NGN |
Debit card deposit | Western Union Agent (appeared 1/7 times in the past 7 days) | 23.4694 (5% markup) | 3 | 344,929.28 NGN |
Fastest money transfer companies to send money to Nigeria from Philippines
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Wise (appeared 1 times last week) | 24.8848 (-0.73% markup) | 93.68 | 363,475.35 NGN |
Bank transfer deposit | Wise (appeared in 100% of the searches last week) | 24.8848 (-0.73% markup) | 93.68 | 363,475.35 NGN |
Debit card deposit | PayPal App (appeared 1/7 times in the past 7 days) | 23.2223 (6% markup) | 4 | 341,275.22 NGN |
We recommend avoiding the following companies, as they are the most expensive for transfers from Philippines to Nigeria:
Overall most expensive option: PayPal App. It will cost you ₱4 to send money to Nigeria, and your recipient will get 341,275.22 NGN.
Most expensive for bank transfer deposits: PayPal App. It will cost you ₱4 to send money to Nigeria, and your recipient will get 341,275.22 NGN.
Most expensive for debit card deposits: PayPal App. It will cost you ₱4 to send money to Nigeria, and your recipient will get 341,275.22 NGN.
Understanding the cost of sending money from Philippines to Nigeria
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from the Philippines to Nigeria.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Naira for your Philippine Peso. The current PHP-NGN mid-market rate is 24.7046 NGN per Philippine Peso.
This rate changes regularly so it can pay to track it. For comparison, the PHP-NGN mid-market rate for the past 7 days has averaged 24.5932 NGN per Philippine Peso, with a low of 24.4413 and a high of 24.7263.
Wise is currently offering the best exchange rate from the 4 companies compared.
Often the PHP-NGN exchange rate you pay is the biggest cost factor when transferring Philippine Pesos to Nigeria.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Philippine Peso you’re sending to Nigeria. Wise currently has the lowest fees for transfers into NGN at an average of 93.68 PHP over the last week. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the biggest indicator of the total cost of sending money to Nigeria from the Philippines. The bigger the amount received in Nigeria, the lower the overall cost of sending from the Philippines.
How to find the best exchange rate for Philippine Peso to Naira
Timing is essential for sending money between PHP and NGN. The exchange rate you secure impacts how much NGN you get for your PHP.
Let's dive into some interesting recent trends.
In the last 7 days, the exchange rate from PHP to NGN has seen some fluctuation. On average, it stood at 24.5932.
During this period, the highest value recorded was 24.7263, while the lowest was 24.4413.
Wise, which is our recommended service to send money online from Philippines to Nigeria offers an exchange rate that is only -0.73% above the mid-market rate.
Want to secure the best PHP-Naira exchange rates?
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Payment methods for Philippines to Nigeria transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from the Philippines to Nigeria.
By opting for a money transfer company such as Wise for transfers from the Philippines to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 4 we tested when sending PHP to Nigeria.
With an average fee of PHP93.68 to send money from the Philippines to Nigeria, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from the Philippines to Nigeria is easy with Western Union Agent.
Western Union Agent is a market leader in debit card payments for transfers from the Philippines to Nigeria, this is among a total of 4 money transfer companies compared.
Credit card transfers
When it comes to credit card transfers from the Philippines to Nigeria, we recommend running a quick comparison to get the best deal as not many companies offer direct credit card deposits.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
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 and review methodology.
Money transfer company reviews
