.svg)
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 51.4% of India to Philippines searches, and was the top rated company out of 3 that support INR to PHP.
So for a great mix of cost, speed & features, make your India to Philippines transfer using Wise.
How to get the best deal on your India to Philippines transfer
Summary of recent searches
Important things to consider before sending money from India to Philippines
Don't settle for the first option. Always compare ways to send money from India to Philippines to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between India and Philippines.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Philippines.
Cheapest way to send money to Philippines from India: CurrencyFair
Data collected over the past six months show that CurrencyFair is 0% cheaper than the second-best option.
The ₹80 transfer cost represents the most common fee for INR to PHP international transfers, based on data from the past six months.
If you want to secure the best rates on a INR to Philippines transfer, make sure you pick CurrencyFair to send your money online.
*The most common fee applied to INR-PHP by CurrencyFair, based on data from the past six months.
Fastest way to send money from India to Philippines: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from India to Philippines in 62.4% of searches. This makes them well suited to urgent INR to PHP money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from India to Philippines - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to Philippines from India in 62.4% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send INR from India to Philippines, it’s the provider that will keep you safe and relaxed while your money moves into PHP.
Understanding the costs involved when moving money from India to Philippines
When calculating the costs of money transfers between India and Philippines, here's what really matters:
The Mid-Market Rate: Today, the INR-PHP mid-market rate equals to 0.690482 PHP per Indian Rupee. Keep in mind that this rate fluctuates all the time.
The INR-PHP average exchange rate of the past three months has been 0.6704 PHP per Indian Rupee, with a high of 0.6835 and a low of 0.6623.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent INR to PHP rates that are only 0% away from the average.
How to find the best exchange rate for Indian Rupee to Philippine Peso
Timing is essential sending money between INR and PHP. The exchange rate you secure impacts how much PHP you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to PHP has seen some fluctuation. On average, it stood at 0.6704.
During this period, the highest value recorded was 0.6835, while the lowest was 0.6623.
Wise, which is our recommended service to send money online from India to Philippines offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best INR-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 India to Philippines!
Payment methods available to fund your India to Philippines transfer
Bank transfers
Bank transfers are often the default option for sending money from India to Philippines.
By using a money transfer company such as CurrencyFair for transfers from India to Philippines, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, CurrencyFair is the cheapest provider for bank transfers from the 3 we tested when sending INR to Philippines.
With an average fee of INR80 to send money from India to Philippines, CurrencyFair offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Philippines with a debit or a prepaid card is very simple with Instarem.
Instarem is a leader in debit card payments for transfers from India to Philippines, competing among a total of 3 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from India to Philippines, Instarem emerges as our top choice of the 3 companies offering this service.
Our comparison engine's last six months of data on INR to PHP searches show Instarem has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money 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 India.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 India to Philippines .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR 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
