Best option: Wise
We tested & reviewed 20 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of Belgium to Philippines searches, and was the top rated company supporting money transfers between EUR and PHP.
For a great mix of cost, speed & features, transfer from Belgium to Philippine Peso using Wise.
How to get the best deal on sending money from Belgium to Philippines
Understanding Belgium to Philippines money transfers
Comparing providers when sending money from Belgium to the Philippines is the easiest way to make a transfer at the best price.
We’ve compared 20 providers for sending Euro to Philippines. This ensures you will get the best options for your transfer to the Philippines from Belgium.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Belgium to the Philippines.
Cheapest way to transfer money from Belgium to the Philippines: Western Union
Our data shows Western Union is 0.1% cheaper than the second-best option. The company offers an average fee of 0* EUR and an average exchange rate between EUR and PHP that is -1.06% different to the mid-market rate.
For a cheap way to send EUR to the Philippines, Western Union is a great all round choice.
*The most common fee applied to EUR-PHP by Western Union, based on data from the past six months.
Fastest way to send money to the Philippines from Belgium: Paysend
Our comparison shows Paysend is the fastest option for sending Euro into Philippine Peso 37.5% of the time. For urgent EUR to PHP money transfers, they’re our recommended choice.
A EUR-Philippine Peso transfer through Paysend comes with an average 0 EUR fee.
To ensure Paysend was the 'fastest' option we compared 20 providers. This comparison was for overall speed of sending money from Belgium to the Philippines and is a combination of depositing Euro, transfer times to the Philippines and withdrawal timeframes where applicable.
When speed is a priority, Paysend is the top choice for sending into the Philippines from Belgium.
Transfer a large sum of money
From 20 money transfer companies compared, Wise is the best option for large transfers from Belgium to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Belgium to the Philippines can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to the Philippines from Belgium because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Belgium to Philippines
The total cost of sending money to the Philippines from Belgium, 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 EUR-PHP is 62.3819 PHP per Euro.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Euro.
The average EUR-PHP mid-market rate for the last three months has been 62.7164 PHP per Euro. This includes a high of 64.0778, and low of 59.7817.
Out of the 20 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting EUR to PHP should be the biggest determining cost factor when transferring Euro to the Philippines.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. TalkRemit, with a fee average of 0 EUR per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Philippine Peso eventually received in the Philippines.
A lower cost of sending from Belgium will result in more money received in the Philippines.
Track the exchange rate for Euro to Philippine Peso
Sending money at the right time between EUR and PHP can make a huge difference to overall cost. The exchange rate impacts how much PHP you get for your EUR.
Over the last six months, the average numbers are:
The exchange rate from EUR to PHP averaged 62.7164 PHP.
The highest value recorded was 64.0778 PHP, while the lowest was 59.7817 PHP.
20 providers currently offer transfers between Belgium and the Philippines close to this rate
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Payment options for transfers from Belgium to Philippines
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Philippines and Belgium.
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 Belgium to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.