.svg)
Send money from Nigeria 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."
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 NGN to Philippines is to use cash transfer via Western Union
We’ve analysed 100s of money transfer companies, and found that the overall coverage of NGN/PHP transfers is very limited for online transfers.
This is why we suggest sending cash as an alternative, using Western Union.
The transfer fees depend on which branch you use and how much you send, but overall you can expect to pay around 3 NGN for a 360,000 NGN transfer.
Depending on where you are, we suggest checking Western Union to see what deposit methods you have available.
In many cases you can deposit NGN online and the recipient in Philippines will need to visit a branch to pick up PHP.
How to get the best deal on your Nigeria to Philippines money transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from Nigeria to the Philippines.
Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Nigeria and the Philippines.
Click, sign up & send
Follow the steps & make your transfer to the Philippines. Your funds will be sent from Nigeria and converted into Philippine Peso.
Summary of recent searches
Understanding Nigeria to Philippines money transfers
Comparing providers
Comparing providers when sending money from Nigeria to the Philippines is the easiest way to make a transfer at the best price.
We’ve compared 3 providers for sending Naira to Philippines. This ensures you will get the best options for your transfer to the Philippines from Nigeria.
We rate Western Union Agent as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to the Philippines.
Get ahead of the Naira-Philippine Peso exchange rate
Choosing the right payment method
Financial regulators in Nigeria and Philippines
Consider transfer limits
Receiving money in Philippines
Have your ID ready
Tax declarations
The cheapest way to send money from Nigeria to Philippines is a cash transfer via MoneyGram.
The cheapest way to send money to Philippines from Nigeria is via a cash transfer through a MoneyGram Agent.
While cash transfers are usually more expensive than online options, our analysis of hundreds of money transfer companies shows that very few services currently support NGN/PHP transfers online.
The total cost of your transfer includes both the transfer fee (around 3 NGN per 360,000 NGN) and an exchange rate markup.
Ultimately, the exact price will depend on your location, payment method, and transfer amount.
The cheapest way to to send money to Philippines from Nigeria is via PayPal P2P Transfer
The coverage of NGN/PHP transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a NGN transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Transfer a large sum of money
From 3 money transfer companies compared, Western Union Agent is the best option for large transfers from Nigeria to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Nigeria 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 Nigeria because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Nigeria to Philippines
The total cost of sending money to the Philippines from Nigeria, 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 NGN-PHP is 0.0405 PHP per Naira.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Naira.
The average NGN-PHP mid-market rate for the last 7 days has been 0.0407 PHP per Naira. This includes a high of 0.041, and low of 0.0404.
Out of the 3 companies compared, Western Union Agent offers the best exchange rates.
The exchange rate you receive on converting NGN to PHP should be the biggest determining cost factor when transferring Naira 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 NGN per transfer (which is the cheapest option right now for a ₦360,000 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 Nigeria will result in more money received in the Philippines.
Track the exchange rate for Naira to Philippine Peso
Sending money at the right time between NGN and PHP can make a huge difference to overall cost. The exchange rate impacts how much PHP you get for your NGN.
Over the last 7 days, the average numbers are:
The exchange rate from NGN to PHP averaged 0.0407 PHP.
The highest value recorded was 0.041 PHP, while the lowest was 0.0404 PHP.
3 providers currently offer transfers between Nigeria and the Philippines close to this rate
Want to secure the best NGN-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 Nigeria to Philippines!
Payment options for transfers from Nigeria to Philippines
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Nigeria to the Philippines.
Using a money transfer company such as Western Union Agent for payments from Nigeria 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 NGN to the Philippines.
With a fee of 3 NGN to transfer money from Nigeria 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 Nigeria to the Philippines is easy with Western Union Agent.
Western Union Agent is a leader in debit card money transfers from Nigeria to the Philippines. They are the best option of the 3 transfer companies compared.
Credit cards
When it comes to credit card transfers from Nigeria 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 Nigeria.
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 Nigeria to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN 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
