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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."
"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 1 money transfer providers tested and reviewed, Wise will get you the most NGN (11,113,558.05) 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
Always compare ways to send money from the Philippines to Nigeria to get the best options for fees, speed, and reliability.
Our analysis included 1 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.
Cheapest way to transfer money from the Philippines to Nigeria: Wise
Our data shows that Wise is 0% cheaper than the second-best option.
The company offers an average fee of 2,508.01* PHP and an average exchange rate between PHP and NGN that is -1.98% different from the mid-market rate.
For a cheap way to send PHP to Nigeria, Wise is a great all round choice.
*The most common fee applied to PHP-NGN by Wise, based on data from the past 7 days.
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 2,508.01 PHP fee.
This comparison is based on the overall speed of sending 400,000 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 1 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 ₱400,000 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 7 times last week) | 27.9592 (-1.98% markup) | 2508.01 | 11,113,558.05 NGN |
Bank transfer deposit | Wise (appeared in 100% of the searches last week) | 27.9592 (-1.98% markup) | 2508.01 | 11,113,558.05 NGN |
Debit card deposit | (appeared /7 times in the past 7 days) | (% markup) | 0 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 7 times last week) | 27.9592 (-1.98% markup) | 2508.01 | 11,113,558.05 NGN |
Bank transfer deposit | Wise (appeared in 100% of the searches last week) | 27.9592 (-1.98% markup) | 2508.01 | 11,113,558.05 NGN |
Debit card deposit | (appeared /7 times in the past 7 days) | (% markup) | 0 NGN |
Money transfer companies with the lowest PHP fees
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Wise (appeared 7 times last week) | 27.9592 (-1.98% markup) | 2508.01 | 11,113,558.05 NGN |
Bank transfer deposit | Wise (appeared in 100% of the searches last week) | 27.9592 (-1.98% markup) | 2508.01 | 11,113,558.05 NGN |
Debit card deposit | (appeared /7 times in the past 7 days) | (% markup) | 0 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 7 times last week) | 27.9592 (-1.98% markup) | 2508.01 | 11,113,558.05 NGN |
Bank transfer deposit | Wise (appeared in 100% of the searches last week) | 27.9592 (-1.98% markup) | 2508.01 | 11,113,558.05 NGN |
Debit card deposit | (appeared /7 times in the past 7 days) | (% markup) | 0 NGN |
We recommend avoiding the following companies, as they are the most expensive for transfers from Philippines to Nigeria:
Overall most expensive option: Wise. It will cost you ₱2,508.01 to send money to Nigeria, and your recipient will get 11,113,558.05 NGN.
Most expensive for bank transfer deposits: Wise. It will cost you ₱2,508.01 to send money to Nigeria, and your recipient will get 11,113,558.05 NGN.
Most expensive for debit card deposits: . It will cost you ₱0 to send money to Nigeria, and your recipient will get 0 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 27.5018 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 27.5686 NGN per Philippine Peso, with a low of 27.3524 and a high of 27.9309.
Wise is currently offering the best exchange rate from the 1 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 2,508.01 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 27.5686.
During this period, the highest value recorded was 27.9309, while the lowest was 27.3524.
Wise, which is our recommended service to send money online from Philippines to Nigeria offers an exchange rate that is only -1.98% above the mid-market rate.
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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 1 we tested when sending PHP to Nigeria.
With an average fee of PHP2,508.01 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 .
is a market leader in debit card payments for transfers from the Philippines to Nigeria, this is among a total of 1 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 document.
Money transfer company reviews
