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Best option: Wise
We tested & reviewed 5 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 58.3% of Cuba to Philippines searches, and was the top rated company supporting money transfers between CUC and PHP.
For a great mix of cost, speed & features, transfer from Cuba to Philippine Peso using Wise.
How to to send from Cuba to Philippines in the best way
- Always compare rates
Money transfers to Philippines should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Cuba to the Philippines.
- Choose a provider
Select the provider that offers you the best value on your Peso Convertible & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to the Philippines.
Summary of recent searches
Understanding Cuba to Philippines money transfers
Comparing providers when sending money from Cuba to the Philippines is the easiest way to make a transfer at the best price.
We’ve compared 5 providers for sending Peso Convertible to Philippines. This ensures you will get the best options for your transfer to the Philippines from Cuba.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Cuba to the Philippines.
Cheapest way to transfer money from Cuba to Philippines: Wise
Data collected over the past six months shows that Wise is 3.9% cheaper than the second-best option.
This includes an average transfer fee of 0* CUC an exchange rate for buying Philippine Peso with Peso Convertibles that is -0.08% different to the mid-market rate.
If you want to secure the best rates on transfers from Cuba to Philippines, Wise will result in the most Philippine Peso received.
*The most common fee applied to CUC-PHP by Wise, based on data from the past six months.
Fastest money transfers to Philippines from Cuba: Wise.
Through our research, we found Wise to be the quickest way to send CUC into Philippine Peso in 41.7% of instances. For fast transfers between CUC and PHP, Wise is generally a good option.
Money transfers from Cuba to the Philippines through Wise have an average fee of 8.41 CUC.
To confirm that Wise was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from Cuba to the Philippines. This was made up of depositing Peso Convertible to a money transfer account and transfer times to the Philippines.
When sending quickly is a priority, Wise is our recommended choice for sending into Philippines from Cuba.
Transfer a large sum of money
From 5 money transfer companies compared, Wise is the best option for large transfers from Cuba to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Cuba 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 Cuba because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Cuba to Philippines
The total cost of sending money to the Philippines from Cuba, 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 CUC-PHP is 58.4245 PHP per Peso Convertible.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Peso Convertible.
The average CUC-PHP mid-market rate for the last three months has been 57.203 PHP per Peso Convertible. This includes a high of 58.8465, and low of 55.648.
Out of the 5 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting CUC to PHP should be the biggest determining cost factor when transferring Peso Convertible 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. Instarem, with a fee average of 0 CUC 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 Cuba will result in more money received in the Philippines.
Track the exchange rate for Peso Convertible to Philippine Peso
Sending money at the right time between CUC and PHP can make a huge difference to overall cost. The exchange rate impacts how much PHP you get for your CUC.
Over the last six months, the average numbers are:
The exchange rate from CUC to PHP averaged 57.203 PHP.
The highest value recorded was 58.8465 PHP, while the lowest was 55.648 PHP.
5 providers currently offer transfers between Cuba and the Philippines close to this rate
Want to secure the best CUC-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 Cuba to Philippines!
Payment options for transfers from Cuba to Philippines
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Cuba to the Philippines.
Using a money transfer company such as Wise for payments from Cuba 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.
Wise is the best money transfer provider for bank transfers of the 5 we compared when sending CUC to the Philippines.
With an average fee of 9.43 CUC to transfer money from Cuba to the Philippines, Wise offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Cuba to the Philippines is easy with Instarem.
Instarem is a leader in debit card money transfers from Cuba to the Philippines. They are the best option of the 5 transfer companies compared.
Credit cards
When it comes to credit card transfers from Cuba to the Philippines, Wise is the top choice of the 5 companies offering this service.
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 Cuba.
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 Cuba to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CUC 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
