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Companies for transfers from Faroe Islands 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."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
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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 Faroe Islands to Philippines searches, and was the top rated company supporting money transfers between DKK and PHP.
For a great mix of cost, speed & features, transfer from Faroe Islands to Philippine Peso using Wise.
How to get the best deal on your Faroe Islands to Philippines transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Faroe Islands to Philippines.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Faroe Islands to Philippines
Don't settle for the first option. Always compare ways to send money from Faroe Islands to Philippines to find out about fees, speed, and reliability.
Our analysis included 2 providers that operate between Faroe Islands and Philippines.
Through this, you get a comprehensive view of all the options you have in Faroe Islands when you need to send money to Philippines.
Cheapest way to send money to Philippines from Faroe Islands: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
The kr137.95 transfer cost represents the most common fee for DKK to PHP international transfers, based on data from the past six months.
If you want to secure the best rates on a DKK to Philippines transfer, make sure you pick Wise to send your money online.
*The most common fee applied to DKK-PHP by Wise, based on data from the past six months.
Fastest way to send money from Faroe Islands to Philippines: Wise
Our data shows that Wise came up as the fastest way to send money from Faroe Islands to Philippines in 90% of searches. This makes them well suited to urgent DKK to PHP money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Faroe Islands to Philippines - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Philippines from Faroe Islands in 90% of the searches on MoneyTransfers.com over the past six months.
Transfer a large sum of money
From 2 money transfer companies compared, Wise is the best option for large transfers from Faroe Islands to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Faroe Islands 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 Faroe Islands because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Faroe Islands to Philippines
The total cost of sending money to the Philippines from Faroe Islands, 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 DKK-PHP is 8.377 PHP per Danish Krone.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Danish Krone.
The average DKK-PHP mid-market rate for the last three months has been 8.1657 PHP per Danish Krone. This includes a high of 8.5321, and low of 8.0617.
Out of the 2 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting DKK to PHP should be the biggest determining cost factor when transferring Danish Krone 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. Wise, with a fee average of 137.95 DKK 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 Faroe Islands will result in more money received in the Philippines.
How to find the best exchange rate for Danish Krone to Philippine Peso
Timing is essential for sending money between DKK and PHP. The exchange rate you secure impacts how much PHP you get for your DKK.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from DKK to PHP has seen some fluctuation. On average, it stood at 8.1657.
During this period, the highest value recorded was 8.5321, while the lowest was 8.0617.
Wise, which is our recommended service to send money online from Faroe Islands to Philippines offers an exchange rate that is only 0.08% above the mid-market rate.
Want to secure the best DKK-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 Faroe Islands to Philippines!
Payment options for transfers from Faroe Islands to Philippines
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Faroe Islands to the Philippines.
Using a money transfer company such as Wise for payments from Faroe Islands 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 2 we compared when sending DKK to the Philippines.
With an average fee of 137.95 DKK to transfer money from Faroe Islands 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 Faroe Islands to the Philippines is easy with Wise.
Wise is a leader in debit card money transfers from Faroe Islands to the Philippines. They are the best option of the 2 transfer companies compared.
Credit cards
When it comes to credit card transfers from Faroe Islands to the Philippines, is the top choice of the 2 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 Faroe Islands.
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 Faroe Islands to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send DKK 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
