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Best option: Wise
We tested & reviewed 11 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of Malta to Philippines searches, and was the top rated company supporting money transfers between EUR and PHP.
For a great mix of cost, speed & features, transfer from Malta to Philippine Peso using Wise.
How to get the best deal on sending money from Malta 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 Malta to Philippines.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Malta 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 Malta to Philippines money transfers
Comparing providers when sending money from Malta to the Philippines is the easiest way to make a transfer at the best price.
We’ve compared 11 providers for sending Euro to Philippines. This ensures you will get the best options for your transfer to the Philippines from Malta.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Malta to the Philippines.
Cheapest way to transfer money from Malta to Philippines: Revolut
Data collected over the past six months shows that Revolut is 0% cheaper than the second-best option.
This includes an average transfer fee of 0* EUR an exchange rate for buying Philippine Peso with Euros that is 0.2% different to the mid-market rate.
If you want to secure the best rates on transfers from Malta to Philippines, Revolut will result in the most Philippine Peso received.
*The most common fee applied to EUR-PHP by Revolut, based on data from the past six months.
Fastest money transfers to Philippines from Malta: Xoom.
Through our research, we found Xoom to be the quickest way to send EUR into Philippine Peso in 100% of instances. For fast transfers between EUR and PHP, Xoom is generally a good option.
Money transfers from Malta to the Philippines through Xoom have an average fee of 0 EUR.
To confirm that Xoom was the 'fastest' option we compared 11 money transfer providers for overall speed of sending money from Malta to the Philippines. This was made up of depositing Euro to a money transfer account and transfer times to the Philippines.
When sending quickly is a priority, Xoom is our recommended choice for sending into Philippines from Malta.
Transfer a large sum of money
From 11 money transfer companies compared, Wise is the best option for large transfers from Malta to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Malta 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 Malta because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Malta to Philippines
The total cost of sending money to the Philippines from Malta, 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 EUR-PHP is 61.1497 PHP per Euro.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Euro.
The average EUR-PHP mid-market rate for the last three months has been 62.6057 PHP per Euro. This includes a high of 63.9925, and low of 59.7817.
Out of the 11 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting EUR to PHP should be the biggest determining cost factor when transferring Euro 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 EUR 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 Malta will result in more money received in the Philippines.
The best exchange rate for Euro to Philippine Peso transfers
When sending money between EUR 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 EUR.
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 EUR to PHP has been 62.6057.
During this period, there was a high of 63.9925, and 59.7817 being the lowest point.
Wise, which is our recommended service to send money online from Malta to the Philippines offers an exchange rate with a 0.07% markup against the mid-market rate.
Want to secure the best EUR-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 Malta to the Philippines!
Payment options for transfers from Malta to Philippines
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Malta to the Philippines.
Using a money transfer company such as Revolut for payments from Malta 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 11 we compared when sending EUR to the Philippines.
With an average fee of 0 EUR to transfer money from Malta 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 Malta to the Philippines is easy with Instarem.
Instarem is a leader in debit card money transfers from Malta to the Philippines. They are the best option of the 11 transfer companies compared.
Credit cards
When it comes to credit card transfers from Malta to the Philippines, is the top choice of the 11 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 Malta.
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 Malta to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR 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
