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How to send money from Iceland to Philippines
Sending money from Iceland to Philippines doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
How to to send from Iceland 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 Iceland to the Philippines.
- Choose a provider
Select the provider that offers you the best value on your Iceland Krona & 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.
Sending money from Iceland to Philippines: key insights and tips
Don't settle for the first option. Always compare ways to send money from Iceland to Philippines to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between Iceland and Philippines. Through this, you get a comprehensive view of all the options you have in Iceland when you need to send money to Philippines.
Cheapest way to send money from Iceland to Philippines
Without any money transfer providers serving the Iceland to Philippines route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from Iceland to Philippines
When calculating the costs of money transfers between Iceland and Philippines, here's what really matters:
The Mid-Market Rate: Today, the ISK-PHP mid-market rate equals to 0.4155. Keep in mind that this rate fluctuates all the time.
The ISK-PHP average exchange rate of the past three months has been 0, with a highest of 0 and a lowest of 0.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your ISK to PHP transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
The best exchange rate for Iceland Krona to Philippine Peso transfers
When sending money between ISK and PHP getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much PHP you get for your ISK.
Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.
Over the past six months, the mid-market rate from ISK to PHP has been 0.
During this period, there was a high of 0, and 0 being the lowest point.
WorldRemit, which is our recommended service to send money online from Iceland to the Philippines offers an exchange rate with a 2.41% markup against the mid-market rate.
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What payment methods are available when sending money from Iceland to Philippines?
Sending bank transfers from Iceland to Philippines
Bank transfers are the most common way of sending ISK to Philippines as they are secure, reliable, and convenient.
If you want to send Iceland Kronas to Philippines via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from Iceland to Philippines by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Iceland Kronas to Philippines with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from Iceland to Philippines by payment apps
If you’d like to send money from Iceland to Philippines via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Iceland to Philippines.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Philippines in Philippine Peso at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Iceland to Philippines after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the ISK to PHP exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of ISK to PHP is 0.4155
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Philippines and Iceland.
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 Iceland to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ISK to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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