MoneyTransfers

How to send money from Iceland to Philippines

Compare the best ways to send money from Iceland to the Philippines. Find the cheapest, fastest, and most reliable providers with the best ISK to PHP exchange rates.

Explore the best deals, read expert information, and discover all you need to send money to Philippines from Iceland.

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Companies for transfers from Iceland to Philippines

"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."

Fees
0.3% - 1%
Transfer Speed
Minutes - 5 days
Exchange Rate Markup
0.1% - 0.6%

"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.8% - 3%

"Card-to-card transfers can be received in just two minutes."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1.4% - 2.1%
How effectively does your finance team manage international cash flow?

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: Revolut

Revolut is our top choice for ISK to PHP transfers.

We tested & reviewed 3 money transfer providers, and Revolut scored highly in each category.

Over the last six months, Revolut appeared in 100% of Iceland to Philippines searches, and was the top rated company supporting money transfers between ISK and PHP.

For a great mix of cost, speed & features, transfer from Iceland to Philippine Peso using Revolut.

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How to to send from Iceland to Philippines in the best way

Summary of recent searches

Top rated for transfers from Iceland to Philippines
Revolut
Total number of IS - PH providers
3
Average cheapest fees & rate
Revolut
Average fastest transfer
Profee
Average transfer time
Within minutes
Best for bank transfers
Revolut

Understanding Iceland to Philippines money transfers

1
Comparing providers

Comparing providers when sending money from Iceland to the Philippines is the easiest way to make a transfer at the best price.

We’ve compared 3 providers for sending Iceland Krona to Philippines. This ensures you will get the best options for your transfer to the Philippines from Iceland.

We rate Revolut as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Iceland to the Philippines.

2
Get ahead of the Iceland Krona-Philippine Peso exchange rate
3
Choosing the right payment method
4
Financial regulators in Iceland and Philippines
5
Consider transfer limits
6
Receiving money in Philippines
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money to the Philippines from Iceland: Revolut

Revolut offers the lowest cost transfers of the 3 providers we compared.

Data collected over the past six months shows that Revolut is 0.5% cheaper than the second-best option.

Revolut offers this through a combination of an average 0* ISK fee per transfer and exchange rate between ISK-PHP that is 0.2% different to the mid-market rate

If you want the cheapest way to send Iceland Krona to the Philippines, Revolut is our recommended choice.

*The most common fee applied to ISK-PHP by Revolut, based on data from the past six months.

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Fastest way to send money to the Philippines from Iceland: Profee.

Of the 3 companies offering Iceland to the Philippines, Profee is the quickest.

In our comparison, we found Profee to be the fastest way to send Iceland Kronas to Philippine Peso in 100% of transfers. For quick transfers between ISK and PHP, Profee comes highly recommended.

Sending money from Iceland to the Philippines through Profee has an average fee of 0 ISK.

To find the fastest company, we compared 3 money transfer providers for the overall speed of sending money from Iceland to the Philippines. This was made up of depositing Iceland Krona to a money transfer account and transfer times to the Philippines.

When looking for the fastest money transfer, Profee is our best choice for sending into Philippines from Iceland.

Transfer a large sum of money

When sending large amounts of Iceland Krona to the Philippines it’s best to pick a company with higher maximum limits on exchange rates and send amounts.

From
3 money transfer companies compared, Revolut is the best option for large transfers from Iceland to the Philippines.

Whether it’s for property purchases, business or any other reason, sending large amounts of money from Iceland to the Philippines can become expensive if you use a bank, or the wrong provider.

Revolut is the top choice for sending large sums of money to the Philippines from Iceland because they offer a strong service and competitive exchange rates.

Understanding the cost of moving money from Iceland to Philippines

The total cost of sending money to the Philippines from Iceland, 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 ISK-PHP is 0.434 PHP per Iceland Krona.

  • Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Iceland Krona.

  • The average ISK-PHP mid-market rate for the last three months has been 0.4138 PHP per Iceland Krona. This includes a high of 0.4144, and low of 0.4133.

  • Out of the 3 companies compared, Revolut offers the best exchange rates.

  • The exchange rate you receive on converting ISK to PHP should be the biggest determining cost factor when transferring Iceland Krona 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. Revolut, with a fee average of 0 ISK 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 Iceland will result in more money received in the Philippines.

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.

Mid-market Rate
1 
=
0.433983 
PHP

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 0.4138.

  • During this period, there was a high of 0.4144, and 0.4133 being the lowest point.

  • Revolut, which is our recommended service to send money online from Iceland to the Philippines offers an exchange rate with a 0.2% markup against the mid-market rate.

Want to secure the best ISK-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 Iceland to the Philippines!

Payment options for transfers from Iceland to
Philippines

  • Bank transfers

    Bank transfers are often the fastest and cheapest way to send money from Iceland to the Philippines.

    Using a money transfer company such as Revolut for payments from Iceland 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. 


    Revolut is the best money transfer provider for bank transfers of the 3 we compared when sending ISK to the Philippines.

    With an average fee of 0 ISK to transfer money from Iceland to the Philippines, Revolut offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money with a debit card from Iceland to the Philippines is easy with .


    is a leader in debit card money transfers from Iceland to the Philippines. They are the best option of the 3 transfer companies compared.

  • Credit cards

    When it comes to credit card transfers from Iceland to the Philippines, is the top choice of the 3 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 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.

Money transfer company reviews

How much money can be transferred from Iceland to Philippines?
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Can I send money from Iceland to Philippines with MoneyTransfers.com?
What are the typical transfer fees for sending Iceland Kronas to Philippines through various providers?
How long does it take to send money from Iceland to Philippines?
What is the best exchange rate I can get for sending money from Iceland to Philippines?
Are there any minimum or maximum transfer amounts for sending money from Iceland to Philippines?
Can I schedule regular transfers between Iceland and Philippines?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.