.svg)
Send money from Maldives to Philippines
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Maldives to Philippines
While you can’t send MVR to PHP with Wise, you can transfer USD to USD.
"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.
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.
The best way to send MVR to Philippines is through a cash transfer with Western Union.
Western Union offers broad coverage across Maldives and Philippines, making it a reliable option.
Transfer fees vary depending on the branch and the amount you send, but you can generally expect to pay around 3 MVR per 3,900 MVR transferred.
Before sending, check which deposit options are available in your area. In many cases, you can fund your transfer online in MVR, while the recipient collects PHP in cash at a local branch.
If you’re looking for alternatives, MoneyGram also offers competitive cash pickup services.
How to get the best deal on sending money from Maldives to Philippines
Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from Maldives to Philippines.
Choose a provider
Select the provider that offers you the best value & service for transfers between Maldives and Philippines.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to the Philippines.
Summary of recent searches
Understanding Maldives to Philippines money transfers
Comparing providers
Comparing providers when sending money from Maldives to the Philippines is the easiest way to make a transfer at the best price.
We’ve compared 3 providers for sending Rufiyaa to Philippines. This ensures you will get the best options for your transfer to the Philippines from Maldives.
We rate Western Union Agent as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Maldives to the Philippines.
Get ahead of the Rufiyaa-Philippine Peso exchange rate
Choosing the right payment method
Financial regulators in Maldives and Philippines
Consider transfer limits
Receiving money in Philippines
Have your ID ready
Tax declarations
The fastest way to to send MVR to Philippines is using PayPal (P2P Transfer)
If you and your recipient both have the PayPal app, the transfer is instant.
However, the withdrawal time from the PayPal account to the bank account or mobile wallet could take some time (from minutes to couple of days depending on the amount and account status).
With the limited MVR/PHP transfer options, this is one of the fastest options you have.
Alternatively, you may want to consider sending cash via Western Union or MoneyGram.
Fastest money transfers from Maldives to Philippines: cash transfer via MoneyGram Agent
The quickest way to send money from Maldives to Philippines is through a cash transfer with a MoneyGram Agent.
In most cases, cash transfers are processed instantly, allowing your recipient to collect PHP within minutes.
In some cases, transfer times can vary depending on the amount sent and the branch you use, with larger transfers occasionally taking up to 24 hours to process.
Given the limited number of providers supporting MVR to PHP transfers, MoneyGram remains the fastest and most reliable option for cash pickups in Philippines.
Transfer a large sum of money
From 3 money transfer companies compared, Western Union Agent is the best option for large transfers from Maldives to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Maldives to the Philippines can become expensive if you use a bank, or the wrong provider.
Western Union Agent is the top choice for sending large sums of money to the Philippines from Maldives because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Maldives to Philippines
The total cost of sending money to the Philippines from Maldives, 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 MVR-PHP is 3.8256 PHP per Rufiyaa.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Rufiyaa.
The average MVR-PHP mid-market rate for the last 7 days has been 3.8313 PHP per Rufiyaa. This includes a high of 3.8371, and low of 3.8234.
Out of the 3 companies compared, Western Union Agent offers the best exchange rates.
The exchange rate you receive on converting MVR to PHP should be the biggest determining cost factor when transferring Rufiyaa 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. Western Union Agent has a fee of 3 MVR per transfer (which is the cheapest option right now for a MVR3,900 transfer).
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 Maldives will result in more money received in the Philippines.
Finding the best exchange rate for Rufiyaa to Philippine Peso
Timing is essential for sending money between MVR and PHP. The exchange rate you secure impacts how much PHP you get for your MVR.
Over the last week, here’s what we’ve seen:
The exchange rate from MVR to PHP averaged 3.8313 PHP.
The highest value recorded was 3.8371 PHP, while the lowest was 3.8234 PHP.
There are currently 3 providers offering transfers between Maldives and the Philippines close to this rate
Want to secure the best MVR-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 Maldives to Philippines!
Payment options for transfers from Maldives to Philippines
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Maldives to the Philippines.
Using a money transfer company such as Western Union Agent for payments from Maldives 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.
Western Union Agent is the best money transfer provider for bank transfers of the 3 we compared when sending MVR to the Philippines.
With a fee of 3 MVR to transfer money from Maldives to the Philippines, Western Union Agent offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Maldives to the Philippines is easy with Western Union Agent.
Western Union Agent is a leader in debit card money transfers from Maldives to the Philippines. They are the best option of the 3 transfer companies compared.
Credit cards
When it comes to credit card transfers from Maldives to the Philippines, we recommend comparing your options to get the best deal.
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 Maldives.
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 Maldives to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MVR to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
