Companies for transfers from East Timor 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."
"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."
Best option: Wise
We tested & reviewed 2 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of East Timor to Philippines searches, and was the top rated company supporting money transfers between USD and PHP.
For a great mix of cost, speed & features, transfer from East Timor to Philippine Peso using Wise.
How to send money from East Timor to Philippines
What to consider ahead of money transfers from East Timor to Philippines
Comparing based on your specific needs is the best way to send money from East Timor to the Philippines with confidence.
Our analysis, and search results, include 2 providers that operate between East Timor 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 East Timor when you need to send money to the Philippines.
Cheapest way to send money from East Timor to the Philippines: Wise
Data collected for transfers between East Timor and the Philippines over the past six months shows that Wise is 5.4% cheaper than the second-best option.
This cost combines an average exchange rate between the US Dollar and Philippine Peso that is 0.03% different to the mid-market rate and an average fee of 0* USD.
*The most common fee applied to USD-PHP by Wise, based on data from the past six months.
Fastest money transfers from East Timor to the Philippines: Instarem.
Through our comparison, we found Instarem to be the fastest option to transfer money from East Timor to Philippine Peso in 61.5% of instances.
Over the last six months, sending money from East Timor to the Philippines through Instarem have an average fee of 0 USD.
Instarem was one of 2 money transfer providers we compared for overall speed of sending money from East Timor to the Philippines. This speed test included depositing US Dollars to an account and the average timeframe for sending money to the Philippines.
When fast transfers are a priority, Instarem is our best choice for sending from East Timor to Philippines.
Transfer a large sum of money
From 2 money transfer companies compared, Wise is the best option for large transfers from East Timor to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from East Timor 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 East Timor because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from East Timor to Philippines
The total cost of sending money to the Philippines from East Timor, 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 USD-PHP is 59.0735 PHP per US Dollar.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your US Dollar.
The average USD-PHP mid-market rate for the last three months has been 57.4842 PHP per US Dollar. This includes a high of 58.9715, and low of 0.0045.
Out of the 2 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting USD to PHP should be the biggest determining cost factor when transferring US 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. Instarem, with a fee average of 0 USD 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 East Timor will result in more money received in the Philippines.
Getting the best exchange rate for US Dollar to Philippine Peso
Tracking the mid-market rate can make a huge difference when sending money USD to PHP. The exchange rate you secure impacts how much PHP you get for your USD.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from USD to PHP has seen some fluctuation. On average, it has been 57.4842.
During this period, the highest value level was 58.9715, with a low of 0.0045.
Wise, which is our recommended service to send money online from East Timor to Philippines offers an exchange rate that is only 0.03% above the mid-market rate.
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Payment options for transfers from East Timor 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 East Timor.
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 East Timor to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.