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Send money from Canada to Philippines
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"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."
"Card-to-card transfers can be received in just two minutes."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
PayPalRecipient gets (PHP)₱384,160.76Not recommended
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
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 option: Wise
We tested & reviewed 13 money transfer providers, and Wise scored highly in each category.
Transferring 10,000 CAD to PHP will cost you $74.39 in fees, and your recipient will get 413,850.29 PHP.
For a great mix of cost, speed & features, transfer from Canada to Philippine Peso using Wise.
How to compare deals on Canada to Philippines money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Canada to the Philippines.
- Choose a provider
Select the provider that gives you the best value & service for your needs
- Click, sign up & send
Follow the steps & start your transfer from Canada. Your funds will be converted to Philippine Peso and transferred to the Philippines.
Summary of recent searches
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What to consider ahead of money transfers from Canada to Philippines
Comparing based on your specific needs is the best way to send money from Canada to the Philippines with confidence.
Our analysis, and search results, include 13 providers that operate between Canada and the Philippines. 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 Canada when you need to send money to the Philippines.
Cheapest way to transfer money from Canada to Philippines: Regency FX
Data collected over the past week shows that Regency FX is 0.03% cheaper than the second-best option.
This includes the transfer fee of 0 CAD an exchange rate for buying Philippine Peso with Canadian Dollars that is 0.27% different to the mid-market rate.
If you want to secure the best rates on transfers from Canada to Philippines, Regency FX will result in the most Philippine Peso received.
Fastest way to transfer money to the Philippines from Canada: Regency FX.
For example, if you send $10,000 with Regency FX to Philippines now, the transfer time is minutes - 24 hours.
This can vary depending on your needs, smaller transfers to Philippines are likely to arrive quicker.
When using Regency FX to send money from Canada to the Philippines you can expect a fee of 0 CAD. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 13 money transfer providers. To test overall speed of sending money from Canada to the Philippines we included the timeframe for depositing Canadian Dollar to a money transfer account and average transfer times to the Philippines.
When sending money to Philippines from Canada quickly is a priority, Regency FX is our recommended choice.
Transfer a large sum of money
From 13 money transfer companies compared, Wise is the best option for large transfers from Canada to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Canada 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 Canada because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Canada to Philippines
The total cost of sending money to the Philippines from Canada, 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 CAD-PHP is 41.6863 PHP per Canadian Dollar.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Canadian Dollar.
The average CAD-PHP mid-market rate for the last 7 days has been 41.7272 PHP per Canadian Dollar. This includes a high of 41.8559, and low of 41.6257.
Out of the 13 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting CAD to PHP should be the biggest determining cost factor when transferring Canadian Dollar 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. Regency FX has a fee of 0 CAD per transfer (which is the cheapest option right now for a $10,000 transfer).
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 Canada will result in more money received in the Philippines.
Getting the best exchange rate for Canadian Dollar to Philippine Peso
Tracking the mid-market rate can make a huge difference when sending money CAD to PHP. The exchange rate you secure impacts how much PHP you get for your CAD.
Here's some data on recent trends in the mid-market rate.
Over the past 7 days, the interbank rate from CAD to PHP has seen some fluctuation. On average, it has been 41.7272.
During this period, the highest value level was 41.8559, with a low of 41.6257.
Wise, which is our recommended service to send money online from Canada to Philippines offers an exchange rate that is only 0.08% above the mid-market rate.
Want to secure the best CAD-Philippine Peso exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Philippines!
Payment options for transfers from Canada to Philippines
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Canada to the Philippines.
Using a money transfer company such as Regency FX for payments from Canada to the Philippines, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
Regency FX is the best money transfer provider for bank transfers of the 13 we compared when sending CAD to the Philippines.
With a fee of 0 CAD to transfer money from Canada to the Philippines, Regency FX offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Canada to the Philippines is easy with Xe.
Xe is a leader in debit card money transfers from Canada to the Philippines. They are the best option of the 13 transfer companies compared.
Credit cards
When it comes to credit card transfers from Canada to the Philippines, we recommend comparing your options to get the best deal.
Fee alert: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. That's why 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 Philippines and Canada.
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 Canada to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
