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Best option: Wise
We tested & reviewed 5 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of Iraq to Philippines searches, and was the top rated company supporting money transfers between IQD and PHP.
For a great mix of cost, speed & features, transfer from Iraq to Philippine Peso using Wise.
How to compare deals on Iraq to Philippines money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Iraq to the Philippines.
- Choose a provider
Select the provider that gives you the best value & service for your needs
- Click, sign up & send
Follow the steps & start your transfer from Iraq. Your funds will be converted to Philippine Peso and transferred to the Philippines.
Summary of recent searches
Sending money from Iraq to Philippines considerations
A comparison of providers offering services between Iraq and the Philippines is the easiest way to ensure the best deal.
We've compared 5 providers that offer services for sending Iraqi Dinar to the Philippines.
This ensures you will get the best options for your transfer to the Philippines from Iraq.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Iraq to the Philippines.
Cheapest way to send money from Iraq to the Philippines: Wise
On average, Wise fees were 21.15* IQD per transfer and customers would expect an exchange rate between IQD-PHP that is -0.01% different to the mid-market rate
Against the others tested, Wise is 0% cheaper than the second-best option.
To secure a cheap way to transfer IQD to the Philippines, Wise is our recommendation.
*The most common fee applied to IQD-PHP by Wise, based on data from the past six months.
Fastest company to send money to the Philippines from Iraq: Wise.
Through our data, Wise was the quickest way to send money from Iraq to Philippine Peso 55.6% of the time.
Sending money through Wise to the Philippines from Iraq has an average fee of 12.55 IQD.
To understand who was the fastest, we tested Wise as part of 5 money transfer providers. Within this, we looked at the overall speed of sending money from Iraq to the Philippines. This was made up of transfer times to the Philippines after Iraqi Dinars were added to a money transfer account.
When fast money transfers between Iraq and the Philippines are a priority, Wise is our recommended choice.
Transfer a large sum of money
From 5 money transfer companies compared, Wise is the best option for large transfers from Iraq to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Iraq 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 Iraq because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Iraq to Philippines
The total cost of sending money to the Philippines from Iraq, 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 IQD-PHP is 0.0446 PHP per Iraqi Dinar.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Iraqi Dinar.
The average IQD-PHP mid-market rate for the last three months has been 0.0442 PHP per Iraqi Dinar. This includes a high of 0.0453, and low of 0.0425.
Out of the 5 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting IQD to PHP should be the biggest determining cost factor when transferring Iraqi Dinar 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 21.15 IQD 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 Iraq will result in more money received in the Philippines.
How to get the best exchange rate for Iraqi Dinar to Philippine Peso
Getting the best exchange rate essential for sending money between IQD and PHP. The exchange rate you secure impacts how much PHP you get for your IQD.
Here is how the currency has performed recently.
Over the past six months, the mid-market from IQD to PHP has been 0.0442.
During this period, the highest value was 0.0453, while the lowest was 0.0425.
Wise, which is our recommended choice to send money online from Iraq to Philippines offers an exchange rate that is only -0.01% above the mid-market rate.
Want to secure the best IQD-Philippine Peso exchange rates?
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Payment options for transfers from Iraq to Philippines
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Iraq to the Philippines.
Using a money transfer company such as Wise for payments from Iraq 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 5 we compared when sending IQD to the Philippines.
With an average fee of 20.36 IQD to transfer money from Iraq 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 Iraq to the Philippines is easy with Instarem.
Instarem is a leader in debit card money transfers from Iraq to the Philippines. They are the best option of the 5 transfer companies compared.
Credit cards
When it comes to credit card transfers from Iraq to the Philippines, is the top choice of the 5 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 Iraq.
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 Iraq to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IQD 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
