Best companies for CAD/PHP transfers
15 of 15 providers Last updated on 29 October 2026
Based on 1,000 CAD transfer Best companies for CAD/PHP transfers Sort Cheapest
Ad Wise Pay via Bank Transfer	Fees: $8.33 1 CAD = 45.6327 PHP -0.02% vs mid-market	Recipient gets ₱45,252.58 Same day
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer $8.331 CAD = 45.6327 PHP ₱45,252.58You pay$1,000.00
Ad WorldRemit Pay via Debit Card	Fees: $3.99 1 CAD = 45.9162 PHP -0.64% vs mid-market	Recipient gets ₱45,732.94 Next Day
13 reviews Receive to bank account or cash pickup
Ways to receive money in Philippines with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Cash pickupNext Day $3.991 CAD = 45.9162 PHP ₱45,732.94You pay$1,000.00
Run a live search Showing top Canada to Philippines deals for 1,000 CAD. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live CAD to PHP rates.
Run a live search These companies offer multi-currency accounts for spending PHP. We suggest doing a live search based on how much CAD you're planning to spend in Philippines.
Run a live search These are managed services with real human support for large CAD transfers. Click the link and update the transfer amount to get the best deal.
Remitly Pay via Debit Card	Fees: $0.00 1 CAD = 46.3400 PHP -1.55% vs mid-market	Recipient gets ₱46,340.00 Within a week
15 reviews Cheapest Receive to bank account or cash pickup
Ways to receive money in Philippines with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Cash pickupWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Cash deliveryWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Card depositWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Mobile walletWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00

Remitly Pay via Bank Transfer	Fees: $0.00 1 CAD = 46.3400 PHP -1.55% vs mid-market	Recipient gets ₱46,340.00 Within a week
15 reviews Receive to bank account or cash pickup
Ways to receive money in Philippines with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Cash pickupWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Cash deliveryWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Card depositWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Mobile walletWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00
Remitly Pay via Interac	Fees: $0.00 1 CAD = 46.3400 PHP -1.55% vs mid-market	Recipient gets ₱46,340.00 Within a week
15 reviews Receive to bank account or cash pickup
Ways to receive money in Philippines with Remitly when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Cash pickupWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Cash deliveryWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Card depositWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00 Mobile walletWithin a week Free1 CAD = 46.3400 PHP ₱46,340.00You pay$1,000.00
Remitly Pay via Credit Card	Fees: $20.00 1 CAD = 46.3400 PHP -1.55% vs mid-market	Recipient gets ₱46,340.00 Within a week
15 reviews Receive to bank account or cash pickup
Ways to receive money in Philippines with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin a week $20.001 CAD = 46.3400 PHP ₱46,340.00You pay$1,020.00 Cash pickupWithin a week $20.001 CAD = 46.3400 PHP ₱46,340.00You pay$1,020.00 Cash deliveryWithin a week $20.001 CAD = 46.3400 PHP ₱46,340.00You pay$1,020.00 Card depositWithin a week $20.001 CAD = 46.3400 PHP ₱46,340.00You pay$1,020.00 Mobile walletWithin a week $20.001 CAD = 46.3400 PHP ₱46,340.00You pay$1,020.00
Western Union Pay via Debit Card	Fees: $0.00 1 CAD = 46.0063 PHP -0.83% vs mid-market	Recipient gets ₱46,006.28 Next Day
8 reviews Receive to bank account or cash pickup
Ways to receive money in Philippines with Western Union when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 46.0063 PHP ₱46,006.28You pay$1,000.00

Western Union Pay via Bank Transfer	Fees: $0.00 1 CAD = 46.0063 PHP -0.83% vs mid-market	Recipient gets ₱46,006.28 Next Day
8 reviews Receive to bank account or cash pickup
Ways to receive money in Philippines with Western Union when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 46.0063 PHP ₱46,006.28You pay$1,000.00
Only available via Mobile App WorldRemit Pay via Debit Card	Fees: $3.99 1 CAD = 45.9162 PHP -0.64% vs mid-market	Recipient gets ₱45,732.94 Next Day
13 reviews Receive to bank account or cash pickup
Ways to receive money in Philippines with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Cash pickupNext Day $3.991 CAD = 45.9162 PHP ₱45,732.94You pay$1,000.00
Instarem Pay via Interac	Fees: $0.00 1 CAD = 45.5316 PHP +0.21% vs mid-market	Recipient gets ₱45,531.60 6-12 Hours
7 reviews Receive to bank account
Ways to receive money in Philippines with Instarem when paying by interac. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 45.5316 PHP ₱45,531.60You pay$1,000.00
Only available via Mobile App Sendwave Pay via Debit Card	Fees: $0.00 1 CAD = 45.4367 PHP +0.41% vs mid-market	Recipient gets ₱45,436.67 2 Days
6 reviews Receive to bank account or cash pickup
Ways to receive money in Philippines with Sendwave when paying by debit card. MethodFee & ratesRecipient gets Cash pickup2 Days Free1 CAD = 45.4367 PHP ₱45,436.67You pay$1,000.00 Mobile money2 Days Free1 CAD = 45.4367 PHP ₱45,436.67You pay$1,000.00 Bank deposit2 Days Free1 CAD = 45.4367 PHP ₱45,436.67You pay$1,000.00 Card deposit2 Days Free1 CAD = 44.5121 PHP ₱44,512.06You pay$1,000.00
Koho Pay via Bank Transfer	Fees: $3.62 1 CAD = 45.6000 PHP +0.06% vs mid-market	Recipient gets ₱45,435.07 Next day
0 reviews Receive to bank account
Ways to receive money in Philippines with Koho when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $3.621 CAD = 45.6000 PHP ₱45,435.07You pay$1,000.00 Cash pickupNext dayAvailable via:Bayad, iRemit, LuLu, USSC $4.751 CAD = 45.6000 PHP ₱45,383.38You pay$1,000.00 Mobile walletNext dayAvailable via:Coins.ph, GCash, GrabPay, JuanCash, Maya+5 more $4.751 CAD = 45.6000 PHP ₱45,383.38You pay$1,000.00
Paysend Pay via Debit Card	Fees: $0.00 1 CAD = 45.3952 PHP +0.51% vs mid-market	Recipient gets ₱45,395.24 6-12 Hours
0 reviews
Ways to receive money in Philippines with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 45.3952 PHP ₱45,395.24You pay$1,000.00

Paysend Pay via Credit Card	Fees: $0.00 1 CAD = 45.3952 PHP +0.51% vs mid-market	Recipient gets ₱45,395.24 6-12 Hours
0 reviews
Ways to receive money in Philippines with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 45.3952 PHP ₱45,395.24You pay$1,000.00
OFX Pay via Bank Transfer	Fees: $0.00 1 CAD = 45.3288 PHP +0.65% vs mid-market	Recipient gets ₱45,328.85 6-12 Hours
7 reviews Receive to bank account
Ways to receive money in Philippines with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 45.3288 PHP ₱45,328.85You pay$1,000.00
Wise Pay via Bank Transfer	Fees: $8.33 1 CAD = 45.6327 PHP -0.02% vs mid-market	Recipient gets ₱45,252.58 Same day
25 reviews Recommended Receive to bank accountDedicated support for large transfers
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer $8.331 CAD = 45.6327 PHP ₱45,252.58You pay$1,000.00
CurrencyFair Pay via Bank Transfer	Fees: $1.75 1 CAD = 45.2900 PHP +0.74% vs mid-market	Recipient gets ₱45,210.00 6-12 Hours
3 reviews Receive to bank account
Ways to receive money in Philippines with CurrencyFair when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $1.751 CAD = 45.2900 PHP ₱45,210.00You pay$1,000.00
$0 fee on first online transfers MoneyGram Pay via Debit Card	Fees: $3.49 1 CAD = 45.1421 PHP +1.06% vs mid-market	Recipient gets ₱45,142.10 6-12 Hours
2 reviews
Ways to receive money in Philippines with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $3.491 CAD = 45.1421 PHP ₱45,142.10You pay$1,003.49 Mobile wallet6-12 HoursAvailable via:GCash, Select Wallets $0.991 CAD = 45.0518 PHP ₱45,051.80You pay$1,000.99 Bank deposit6-12 HoursAvailable via:All Banks $0.991 CAD = 44.9484 PHP ₱44,948.40You pay$1,000.99

$0 fee on first online transfers MoneyGram Pay via Credit Card	Fees: $3.49 1 CAD = 45.1421 PHP +1.06% vs mid-market	Recipient gets ₱45,142.10 6-12 Hours
2 reviews
Ways to receive money in Philippines with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $3.491 CAD = 45.1421 PHP ₱45,142.10You pay$1,003.49 Mobile wallet6-12 HoursAvailable via:GCash, Select Wallets $0.991 CAD = 45.0518 PHP ₱45,051.80You pay$1,000.99 Bank deposit6-12 HoursAvailable via:All Banks $0.991 CAD = 44.9484 PHP ₱44,948.40You pay$1,000.99
$0 fee on first online transfers MoneyGram Pay via Cash deposit	Fees: $3.49 1 CAD = 45.1421 PHP +1.06% vs mid-market	Recipient gets ₱45,142.10 6-12 Hours
2 reviews
Ways to receive money in Philippines with MoneyGram when paying by cash deposit. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $3.491 CAD = 45.1421 PHP ₱45,142.10You pay$1,003.49 Mobile wallet6-12 HoursAvailable via:GCash, Select Wallets $0.991 CAD = 45.0518 PHP ₱45,051.80You pay$1,000.99 Bank deposit6-12 HoursAvailable via:All Banks $0.991 CAD = 44.9484 PHP ₱44,948.40You pay$1,000.99
Remitbee Pay via Debit Card	Fees: $0.00 1 CAD = 45.0405 PHP +1.29% vs mid-market	Recipient gets ₱45,040.50 Next Day
0 reviews
Ways to receive money in Philippines with Remitbee when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 45.0405 PHP ₱45,040.50You pay$1,000.00

Remitbee Pay via Interac	Fees: $0.00 1 CAD = 45.0405 PHP +1.29% vs mid-market	Recipient gets ₱45,040.50 Next Day
0 reviews
Ways to receive money in Philippines with Remitbee when paying by interac. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 45.0405 PHP ₱45,040.50You pay$1,000.00
Remitbee Pay via Bill payment	Fees: $0.00 1 CAD = 45.0405 PHP +1.29% vs mid-market	Recipient gets ₱45,040.50 Next Day
0 reviews
Ways to receive money in Philippines with Remitbee when paying by bill payment. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 45.0405 PHP ₱45,040.50You pay$1,000.00
Remitbee Pay via Bank Transfer	Fees: $0.00 1 CAD = 45.0405 PHP +1.29% vs mid-market	Recipient gets ₱45,040.50 Next Day
0 reviews
Ways to receive money in Philippines with Remitbee when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 45.0405 PHP ₱45,040.50You pay$1,000.00
TapTap Send Pay via Debit Card	Fees: $0.00 1 CAD = 45.0000 PHP +1.38% vs mid-market	Recipient gets ₱45,000.00 Minutes
0 reviews Fastest Receive to bank account
Ways to receive money in Philippines with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 CAD = 45.0000 PHP ₱45,000.00You pay$1,000.00 Mobile walletMinutesAvailable via:Coins.ph, GCash, Maya Free1 CAD = 45.0000 PHP ₱45,000.00You pay$1,000.00 Mobile moneyMinutesAvailable via:Globe Free1 CAD = 45.0000 PHP ₱45,000.00You pay$1,000.00 Card depositMinutesAvailable via:Pay To Card $1.351 CAD = 45.0000 PHP ₱45,000.00You pay$1,001.35 Cash pickupMinutesAvailable via:Cebuana, Palawan Pawnshop & Others $3.491 CAD = 45.0000 PHP ₱45,000.00You pay$1,003.49
Wise Pay via Interac	Fees: $14.02 1 CAD = 45.6327 PHP -0.02% vs mid-market	Recipient gets ₱44,992.93 Within minutes
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Philippines with Wise when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $14.021 CAD = 45.6327 PHP ₱44,992.93You pay$1,000.00
Panda Remit Pay via Bank Transfer	Fees: $8.99 1 CAD = 45.2087 PHP +0.92% vs mid-market	Recipient gets ₱44,802.27 6-12 Hours
0 reviews
Ways to receive money in Philippines with Panda Remit when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $8.991 CAD = 45.2087 PHP ₱44,802.27You pay$1,000.00
Wise Pay via Debit Card	Fees: $19.32 1 CAD = 45.6327 PHP -0.02% vs mid-market	Recipient gets ₱44,751.08 Within minutes
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Philippines with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $19.321 CAD = 45.6327 PHP ₱44,751.08You pay$1,000.00
RBC Pay via Bank Transfer	Fees: $0.00 1 CAD = 44.3729 PHP +2.78% vs mid-market	Recipient gets ₱44,372.89 6-12 Hours
0 reviews
Ways to receive money in Philippines with RBC when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 44.3729 PHP ₱44,372.89You pay$1,000.00
Wise Pay via Credit Card	Fees: $34.04 1 CAD = 45.6327 PHP -0.02% vs mid-market	Recipient gets ₱44,079.36 Within minutes
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Philippines with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $34.041 CAD = 45.6327 PHP ₱44,079.36You pay$1,000.00
How Our Results Work Mid-market rate: 1 CAD = 45.6254 PHP Updates every 60 minutes.

Why compare

CAD/PHP exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Canada to Philippines

Pick a company

Start with the cheapest, which is Remitly at 46,340 PHP on CA$1,000.

Remitly was the cheapest on 16 of the 30 days it quoted CA$1,000 transfers to the Philippines.

More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.

Fund your transfer

You have 6 ways to pay, including debit card, bank transfer, interac, credit card, cash deposit, and bill payment.

Interac e-Transfer is how most companies take your money, moving it into their Canadian account so they can carry it over the border.

Verify and send

First time round you'll need a photo ID, and often where the money came from.

Your first transfer will be slower than the ones after it because of those checks, so send it a few days before it's needed.

Compare amounts

How much CAD are you sending to Philippines?

How much CAD you send to the Philippines heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Remitly was the cheapest in 56% of the transfers up to CA$1,000 it quoted, and in 52% of all the transfers it quoted.


$100	-1.58%	$0.00	₱4,636.00with debit card to bank deposit	+₱143.17
$500	-1.55%	$0.00	₱23,170.00with debit card to bank deposit	+₱518.09
$700	-1.55%	$0.00	₱32,438.00with debit card to bank deposit	+₱709.48
$1,000This page	-1.55%	$0.00	₱46,340.00with debit card to bank deposit	+₱994.37
$3,000	-0.68%	$3.99	₱137,480.13with debit card to cash pickup	+₱2,074.11
$10,000	-0.58%	$3.99	₱458,978.29with debit card to cash pickup	+₱6,828.71
$25,000	0.27%	$0.00	₱1,137,750.86with bank transfer to bank deposit	+₱7,528.00
$50,000	0.25%	$0.00	₱2,272,898.36with bank transfer to bank deposit	+₱15,493.77
$100,000	0.25%	$0.00	₱4,551,134.85with bank transfer to bank deposit	+₱32,793.65

Mid-market rate: 1 CAD = 45.6254 PHP

CAD/PHP Exchange Rate History

Is today a good time to send money from Canada to Philippines?

The cheapest way to send CAD to PHP can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Remitly), across 30 days of comparisons for 1,000 CAD transfers to the Philippines.

Each line shows what the recipient gets when you send $1,000, after fees, as quoted by each company. The mid-market line shows what $1,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. The bank line is the cheapest bank available on each day.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more PHP per CAD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 30 of the last 30 days.

Right now, Remitly pays 46,340 PHP on 1,000 CAD, which is 714.59 PHP more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout is the highest in the past month.

If you need to send money now, it's a good time to send.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to the Philippines.

We've tracked 257 comparisons to check how often today's top companies were the cheapest across 9 amounts over the past month.

RemitlyAppeared in 123 comparisons
Cheapest in 52% of them
Western UnionAppeared in 137 comparisons
Cheapest in 7% of them
WorldRemitAppeared in 104 comparisons
Cheapest in 21% of them
RBCAppeared in 103 comparisons
Never the cheapest

Based on 257 comparisons across 9 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Remitly is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Western Union (today's second cheapest) was the cheapest in only 7% of its comparisons, so it's rarely the cheapest option for transfers to the Philippines.

Ways to send money from Canada to Philippines

There are 15 companies sending money to the Philippines, but how you send depends on your needs.

Most common option

In-person transfers

Hand your cash over the counter and your recipient can collect it the same day without needing an app or bank account.

Bring CA$1,000 in cash to the closest Remitly location, and your recipient picks up 46,340 PHP within minutes.

Our data shows Remitly came out cheapest among in-person options on 53% of days in the past month.

Cash transfers cost more

Cash transfer to Philippines is usually the most expensive option, compare your options above to get the best deal.

For transfers home

Money transfer apps

An app does the same job as the store for less, and you top it up with an Interac e-Transfer, the same way you'd send money to a friend.

Remitly charges CA$0.00 in fees and adds -1.55% markup, so your CA$1,000 delivers 46,340 PHP in within a week.

Over the past month, Remitly was the cheapest app on 53% of the days it appeared for CA$1,000 transfers.

You don't need a SIN to sign up either, a passport works.

For one-off transfers

Online transfers

For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.

Of the 15 companies we compared, Remitly is the cheapest online service and currently gets you 46,340 PHP on a CA$1,000 transfer after a CA$0.00 fee and -1.55% markup.

In our comparisons over the past month, it was the cheapest online service on 16 of the 30 days it quoted.

Funding by bank transfer (EFT) is cheapest but takes 1-2 days to clear, and Interac e-Transfer or debit card is faster but pricier.

The most expensive way

Banks

A wire from your bank carries a $30 to $80 fee, plus another 1.5 to 3% inside the exchange rate that you won't see itemized anywhere.

On a CA$1,000 transfer, a bank like RBC delivers 44,372.89 PHP, against 46,340 PHP with Remitly.

We found RBC was the cheapest bank on 30 of the 30 days it appeared for this amount.

The wire can feel like the safer choice for a big amount, but bank deposit insurance and the safeguards used by money transfer companies are just as safe, just different protections.

For large transfers from Canada

Currency brokers

For property, tuition, moving from Canada, or an inheritance, a broker is the best and usually the cheapest option.

Brokers like OFX charge no fees but add 0.65% on CAD/PHP interbank rate.

The markup gets lower the more you send, with an account manager handling it end to end.

Our analysis shows OFX was the cheapest broker in 46% of all the transfers it quoted.

If you're sending large amounts, expect more questions about the transfers, so have statements and documents ready to avoid delays.

If you already have one

Challenger banks

Some neobanks in Canada include international transfers with no transfer fee as part of the account.

Koho sends your CA$1,000 for CA$3.62 in fees with 0.06% markup.

It's a good option for small occasional transfers, but I still suggest .

Our data shows Koho came out cheapest among challenger banks on 100% of days in the past month.

For businesses paying abroad

Global accounts

Global accounts handle the business side, paying suppliers, contractors and overseas invoices in PHP.

Companies like OFX, Airwallex, or WorldFirst are set up for the batch and recurring payments a personal app can't do.

For spending abroad and getting paid

Multi-currency accounts

If part of your life runs in PHP, be it spending it, saving it, or waiting for a better rate, a multi-currency account can hold it alongside your CAD.

Wise lets you hold CAD and PHP, and convert between them at low cost.

For example, converting $1,000 costs $8.33 in fees at -0.02% markup, which gets you 45,252.58 PHP.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund CAD and receive PHP in Philippines

With Remitly, paying by debit card and receiving through bank deposit is the cheapest combination. Sending CA$1,000 gives your recipient 46,340 PHP.

Our data shows that Remitly gets your recipient 1,967.11 PHP more than RBC, today's cheapest bank, on the same CA$1,000.

Deposit CAD using debit card, bank transfer, interac, credit card, cash deposit, and bill payment.

I suggest using Interac e-Transfer for simplicity

Follow the company's Interac instructions and check the business name before sending.

Do not send to an email address supplied outside the company's app or website.

The recipient can receive PHP through bank deposit, cash pickup, mobile wallet, card deposit, mobile money, and cash delivery.

For a bank deposit payout, you will need the recipient's bank details in the Philippines.

1

debit card Bank deposit

You pay CA$1,000.00

₱46,340

Cheapest
2

debit card Cash pickup

You pay CA$1,000.00

₱46,340

₱0
3

debit card Cash delivery

You pay CA$1,000.00

₱46,340

₱0
4

debit card Card deposit

You pay CA$1,000.00

₱46,340

₱0
5

debit card Mobile wallet

You pay CA$1,000.00

₱46,340

₱0

Show moreShow less

6

Bank transfer Bank deposit

You pay CA$1,000.00

₱46,340

₱0
7

Bank transfer Cash pickup

You pay CA$1,000.00

₱46,340

₱0
8

Bank transfer Cash delivery

You pay CA$1,000.00

₱46,340

₱0
9

Bank transfer Card deposit

You pay CA$1,000.00

₱46,340

₱0
10

Bank transfer Mobile wallet

You pay CA$1,000.00

₱46,340

₱0
11

Interac Bank deposit

You pay CA$1,000.00

₱46,340

₱0
12

Interac Cash pickup

You pay CA$1,000.00

₱46,340

₱0
13

Interac Cash delivery

You pay CA$1,000.00

₱46,340

₱0
14

Interac Card deposit

You pay CA$1,000.00

₱46,340

₱0
15

Interac Mobile wallet

You pay CA$1,000.00

₱46,340

₱0
16

credit card Bank deposit

You pay CA$1,020.00

₱46,340

₱0
17

credit card Cash pickup

You pay CA$1,020.00

₱46,340

₱0
18

credit card Cash delivery

You pay CA$1,020.00

₱46,340

₱0
19

credit card Card deposit

You pay CA$1,020.00

₱46,340

₱0
20

credit card Mobile wallet

You pay CA$1,020.00

₱46,340

₱0
21

debit card Mobile money

You pay CA$1,000.00

₱45,437

-₱903
22

Cash deposit Cash pickup

You pay CA$1,003.49

₱45,142

-₱1,198
23

Cash deposit Mobile wallet

You pay CA$1,000.99

₱45,052

-₱1,288
24

Bill payment Bank deposit

You pay CA$1,000.00

₱45,041

-₱1,300
25

Cash deposit Bank deposit

You pay CA$1,000.99

₱44,948

-₱1,392

Consider this when sending CAD to Philippines

Interac can fund an international transfer, but it does not send money abroad by itself. You should also know what happens when a transfer reaches the FINTRAC reporting threshold.

Compare CAD/PHP transfer options

For a CA$1,000 transfer to the Philippines, these are the cheapest, fastest and easiest options available now.

Best way to send money to the Philippines

Remitly is the cheapest and easiest option, funded by debit card with bank deposit for the payout. Your recipient gets 46,340 PHP, which is 0.72% more than the next best option.

Fastest way to send money to the Philippines

TapTap Send is fastest when you pay by debit card and choose bank deposit for the payout. The transfer delivers 45,000 PHP in minutes.

Interac only works inside Canada

An Interac e-Transfer cannot go directly to a recipient in the Philippines.

When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.

C$10,000 reporting threshold

There is no C$10,000 legal cap on electronic transfers from Canada.

A reporting entity must report an international electronic funds transfer of C$10,000 or more to FINTRAC, including linked transfers that meet the 24-hour rule.

The bank or transfer company makes that report, you do not file it yourself.

But you may be asked for proof of where the money came from.

Sending your own cash or making a genuine cash gift does not create a Canadian gift tax simply because the money goes abroad.

Tax can become relevant when you transfer an appreciated asset rather than cash, or when attribution rules apply.

CDIC protection

Money held with a payment company is not covered by CDIC in the same way as an eligible bank deposit.

Payment companies covered by the Retail Payment Activities Act must safeguard end-user funds, but the Bank of Canada does not resolve individual fee or payment disputes.

If you’re unsure about the company, you can check the company in the FINTRAC MSB Registry.

If you live in Quebec, also confirm that it is allowed to provide money services there.

How we analyse the market

Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.

That covers 15 FINTRAC-registered companies sending CAD to the Philippines, updated in real time during a live search, compared on rates, fees and how your recipient can collect.

In the past 30 days alone, we analyzed 257 comparisons across 9 amounts.

This page covers the cheapest and fastest options for CAD/PHP transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review. More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

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Wed, Sep 30, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.1110	–	₱44,111.02
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱850.98
Western Union	44.5706	$0.00	₱44,570.55	+₱459.53
Remitly	43.8200	$0.00	₱43,820.00	−₱291.02
RBC	42.2602	$0.00	₱42,260.19	−₱1,850.83
WorldRemit No quote collected this day	–	–	–	–

Thu, Oct 1, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.0649	–	₱44,064.91
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱897.09
Western Union	44.5935	$0.00	₱44,593.47	+₱528.56
WorldRemit	44.2917	$3.99	₱44,114.95	+₱50.04
Remitly	43.7400	$0.00	₱43,740.00	−₱324.91
RBC	42.9275	$0.00	₱42,927.46	−₱1,137.45

Fri, Oct 2, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.0696	–	₱44,069.62
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱892.38
Western Union	44.5040	$0.00	₱44,504.03	+₱434.41
Remitly	43.7500	$0.00	₱43,750.00	−₱319.62
RBC	42.8826	$0.00	₱42,882.55	−₱1,187.07
WorldRemit No quote collected this day	–	–	–	–

Sat, Oct 3, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	43.9229	–	₱43,922.86
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱1,039.14
Western Union	44.3945	$0.00	₱44,394.50	+₱471.64
WorldRemit	44.0337	$3.99	₱43,857.99	−₱64.87
Remitly	43.5800	$0.00	₱43,580.00	−₱342.86
RBC	42.7168	$0.00	₱42,716.79	−₱1,206.07

Sun, Oct 4, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	43.9198	–	₱43,919.78
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱1,042.22
Western Union	44.3945	$0.00	₱44,394.50	+₱474.72
Remitly	43.5800	$0.00	₱43,580.00	−₱339.78
RBC	42.7168	$0.00	₱42,716.79	−₱1,202.99
WorldRemit No quote collected this day	–	–	–	–

Mon, Oct 5, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	43.9673	–	₱43,967.26
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱994.74
Western Union	44.3757	$0.00	₱44,375.69	+₱408.43
WorldRemit	44.1671	$3.99	₱43,990.84	+₱23.58
Remitly	43.6500	$0.00	₱43,650.00	−₱317.26
RBC	42.7533	$0.00	₱42,753.31	−₱1,213.95

Tue, Oct 6, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.0329	–	₱44,032.92
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱929.08
Western Union	44.5079	$0.00	₱44,507.91	+₱474.99
Remitly	43.7400	$0.00	₱43,740.00	−₱292.92
RBC	42.8314	$0.00	₱42,831.43	−₱1,201.49
WorldRemit No quote collected this day	–	–	–	–

Wed, Oct 7, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.1005	–	₱44,100.46
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱861.54
Western Union	44.7484	$0.00	₱44,748.36	+₱647.90
WorldRemit	44.3540	$3.99	₱44,176.99	+₱76.53
Remitly	43.8100	$0.00	₱43,810.00	−₱290.46
RBC	42.8314	$0.00	₱42,831.43	−₱1,269.03

Thu, Oct 8, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.0116	–	₱44,011.63
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱950.37
Western Union	44.5132	$0.00	₱44,513.17	+₱501.54
WorldRemit	44.2745	$3.99	₱44,097.80	+₱86.17
Remitly	43.7000	$0.00	₱43,700.00	−₱311.63
RBC	43.0336	$0.00	₱43,033.64	−₱977.99

Fri, Oct 9, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.1992	–	₱44,199.20
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱762.80
Western Union	44.6350	$0.00	₱44,634.99	+₱435.79
WorldRemit	44.4268	$3.99	₱44,249.55	+₱50.35
Remitly	43.8800	$0.00	₱43,880.00	−₱319.20
RBC	42.9484	$0.00	₱42,948.38	−₱1,250.82

Sat, Oct 10, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	43.9944	–	₱43,994.43
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱967.57
Western Union	44.5795	$0.00	₱44,579.52	+₱585.09
WorldRemit	44.3256	$3.99	₱44,148.70	+₱154.27
Remitly	43.7000	$0.00	₱43,700.00	−₱294.43
RBC	42.9484	$0.00	₱42,948.38	−₱1,046.05

Mon, Oct 12, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.0678	–	₱44,067.82
Remitbee Cheapest	44.9620	$0.00	₱44,962.00	+₱894.18
Western Union	44.5078	$0.00	₱44,507.85	+₱440.03
Remitly	43.7200	$0.00	₱43,720.00	−₱347.82
RBC	42.8075	$0.00	₱42,807.50	−₱1,260.32
WorldRemit No quote collected this day	–	–	–	–

Tue, Oct 13, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.0219	–	₱44,021.92
Remitly Cheapest	44.6100	$0.00	₱44,610.00	+₱588.08
Western Union	44.5222	$0.00	₱44,522.19	+₱500.27
WorldRemit	44.2850	$3.99	₱44,108.30	+₱86.38
RBC	42.8659	$0.00	₱42,865.94	−₱1,155.98

Wed, Oct 14, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.2028	–	₱44,202.82
Remitly Cheapest	44.7900	$0.00	₱44,790.00	+₱587.18
Western Union	44.6766	$0.00	₱44,676.57	+₱473.75
WorldRemit	44.4757	$3.99	₱44,298.22	+₱95.40
RBC	43.0106	$0.00	₱43,010.56	−₱1,192.26

Thu, Oct 15, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.3703	–	₱44,370.30
Remitly Cheapest	44.9900	$0.00	₱44,990.00	+₱619.70
Western Union	44.7214	$0.00	₱44,721.37	+₱351.07
RBC	43.2354	$0.00	₱43,235.38	−₱1,134.92
WorldRemit No quote collected this day	–	–	–	–

Fri, Oct 16, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.4102	–	₱44,410.22
Western Union Cheapest	45.0473	$0.00	₱45,047.30	+₱637.08
Remitly	44.9700	$0.00	₱44,970.00	+₱559.78
WorldRemit	44.7079	$3.99	₱44,529.53	+₱119.31
RBC	43.2354	$0.00	₱43,235.38	−₱1,174.84

Sat, Oct 17, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.4895	–	₱44,489.51
Remitly Cheapest	45.1100	$0.00	₱45,110.00	+₱620.49
Western Union	45.0525	$0.00	₱45,052.49	+₱562.98
WorldRemit	44.7316	$3.99	₱44,553.12	+₱63.61
RBC	43.3276	$0.00	₱43,327.56	−₱1,161.95

Mon, Oct 19, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.6860	–	₱44,685.99
Remitly Cheapest	45.2400	$0.00	₱45,240.00	+₱554.01
Western Union	45.1344	$0.00	₱45,134.40	+₱448.41
WorldRemit	44.9147	$3.99	₱44,735.50	+₱49.51
RBC	43.4811	$0.00	₱43,481.09	−₱1,204.90

Tue, Oct 20, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	44.8295	–	₱44,829.54
Remitly Cheapest	45.3700	$0.00	₱45,370.00	+₱540.46
Western Union	45.1937	$0.00	₱45,193.68	+₱364.14
WorldRemit	45.0431	$3.99	₱44,863.35	+₱33.81
RBC	43.6859	$0.00	₱43,685.94	−₱1,143.60

Wed, Oct 21, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	45.0442	–	₱45,044.16
Remitly Cheapest	45.5600	$0.00	₱45,560.00	+₱515.84
Western Union	45.4461	$0.00	₱45,446.10	+₱401.94
WorldRemit	45.2254	$3.99	₱45,044.97	+₱0.81
RBC	43.6859	$0.00	₱43,685.94	−₱1,358.22

Thu, Oct 22, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	45.2597	–	₱45,259.69
Remitly Cheapest	45.8000	$0.00	₱45,800.00	+₱540.31
Western Union	45.7100	$0.00	₱45,710.02	+₱450.33
RBC	43.9979	$0.00	₱43,997.90	−₱1,261.79
WorldRemit No quote collected this day	–	–	–	–

Fri, Oct 23, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	45.2702	–	₱45,270.22
Remitly Cheapest	45.8700	$0.00	₱45,870.00	+₱599.78
Western Union	45.8181	$0.00	₱45,818.10	+₱547.88
RBC	44.0427	$0.00	₱44,042.67	−₱1,227.55
WorldRemit No quote collected this day	–	–	–	–

Sat, Oct 24, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	45.4333	–	₱45,433.33
Remitly Cheapest	46.0000	$0.00	₱46,000.00	+₱566.67
Western Union	45.9435	$0.00	₱45,943.46	+₱510.13
WorldRemit	45.6928	$3.99	₱45,510.46	+₱77.13
RBC	44.0427	$0.00	₱44,042.67	−₱1,390.66

Mon, Oct 26, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	45.6095	–	₱45,609.51
Remitly Cheapest	46.2000	$0.00	₱46,200.00	+₱590.49
Western Union	46.0673	$0.00	₱46,067.35	+₱457.84
RBC	44.3488	$0.00	₱44,348.79	−₱1,260.72
WorldRemit No quote collected this day	–	–	–	–

Tue, Oct 27, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	45.6624	–	₱45,662.45
Remitly Cheapest	46.2400	$0.00	₱46,240.00	+₱577.56
Western Union	46.1905	$0.00	₱46,190.46	+₱528.01
WorldRemit	45.9074	$3.99	₱45,724.21	+₱61.76
RBC	44.4349	$0.00	₱44,434.92	−₱1,227.53

How to send money to the Philippines from Canada with the best CAD-PHP rate

Best companies for CAD/PHP transfers