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How to send money from Portugal to Philippines

Compare the best ways to send money from Portugal to the Philippines. Find the cheapest, fastest, and most reliable providers with the best EUR to PHP exchange rates.

Explore the best deals, read expert information, and discover all you need to send money to Philippines from Portugal.

Transferring the other way? Send PHP from Philippines to Portugal instead.
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Companies for transfers from Portugal to Philippines

Sponsored - Online

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Sponsored - Managed Service

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."

Fees
0.3% - 1%
Transfer Speed
Minutes - 5 days
Exchange Rate Markup
0.1% - 0.6%

"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.8% - 3%

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"Send money anytime, anywhere with the TalkRemit app. There's zero fees on your first transaction and you're able to send to family and friends in over 40 countries."

Fees
$1.99 - $3.99
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.4% - 3.1%

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Fees
None
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.1% - 1.3%

"Card-to-card transfers can be received in just two minutes."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1.4% - 2.1%
Fees
None
Transfer Speed
1 - 5 days
Exchange Rate Markup
0.2% - 1.5%

"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%

"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.

Fees
$1.99 - $3.99
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.5% - 3.1%

"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."

Fees
£/€/$3 - 5
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 2%

"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."

Fees
$1 - $10
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%
Fees
$0 - $10
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.3% - 2%

"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 3%

Best option: Wise

Wise is our top choice for EUR to PHP transfers.

We tested & reviewed 18 money transfer providers, and Wise scored highly in each category.

Over the last six months, Wise appeared in 100% of Portugal 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 Portugal to Philippine Peso using Wise.

Screenshot

How to to send from Portugal to Philippines in the best way

Summary of recent searches

Top rated for transfers from Portugal to Philippines
Wise
Total number of PT - PH providers
18
Average cheapest fees & rate
TalkRemit
Average fastest transfer
Ria Money Transfer
Average transfer time
Within minutes
Best for bank transfers
TalkRemit
Best for debit card
Xe
Best for credit card
Xe

Considerations when sending from Portugal to Philippines

1
Compare providers

Comparing money transfer companies with services between Portugal and the Philippines, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.

For this route, we’ve compared 18 providers providing services between Portugal and Philippines. This ensures you will get the best options when sending Philippine Peso to the Philippines.

Over the last six months, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to the Philippines will provide a specific provider that’s best for transferring money from Portugal.

2
Understanding the Euro-Philippine Peso exchange rate
3
Choose the right payment method
4
Financial regulations
5
Consider transfer limits
6
Receiving money from Euro in Philippines
7
Confirm the ID you need
8
Tax declarations

Cheapest way to transfer money from Portugal to Philippines: TalkRemit

TalkRemit is the cheapest way to send money to the Philippines from Portugal out of the 18 companies compared.

Data collected over the past six months shows that TalkRemit is 0.3% 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 -0.25% different to the mid-market rate.

If you want to secure the best rates on transfers from Portugal to Philippines, TalkRemit will result in the most Philippine Peso received.

*The most common fee applied to EUR-PHP by TalkRemit, based on data from the past six months.

Fastest way to send money to the Philippines from Portugal: Ria Money Transfer

We compared 18 companies and found Ria Money Transfer offers the fastest money transfers between Portugal and the Philippines.

Our comparison shows Ria Money Transfer is the fastest option for sending Euro into Philippine Peso 66.7% of the time. For urgent EUR to PHP money transfers, they’re our recommended choice.

A EUR-Philippine Peso transfer through Ria Money Transfer comes with an average 4 EUR fee.

To ensure Ria Money Transfer was the 'fastest' option we compared 18 providers. This comparison was for overall speed of sending money from Portugal to the Philippines and is a combination of depositing Euro, transfer times to the Philippines and withdrawal timeframes where applicable.

When speed is a priority, Ria Money Transfer is the top choice for sending into the Philippines from Portugal.

Transfer a large sum of money

When sending large amounts of Euro to the Philippines it’s best to pick a company with higher maximum limits on exchange rates and send amounts.

From
18 money transfer companies compared, Wise is the best option for large transfers from Portugal to the Philippines.

Whether it’s for property purchases, business or any other reason, sending large amounts of money from Portugal 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 Portugal because they offer a strong service and competitive exchange rates.

Understanding the cost of moving money from Portugal to Philippines

The total cost of sending money to the Philippines from Portugal, 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 61.3833 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 62.655 PHP per Euro. This includes a high of 64.0778, and low of 59.7817.

  • Out of the 18 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. TalkRemit, 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 Portugal will result in more money received in the Philippines.

Finding the best exchange rate for Euro to Philippine Peso

Timing is essential for sending money between EUR and PHP. The exchange rate you secure impacts how much PHP you get for your EUR.

Mid-market Rate
1
= 61.385554 PHP

Over the last six months, here’s what we’ve seen:

  • The exchange rate from EUR to PHP averaged 62.655 PHP.

  • The highest value recorded was 64.0778 PHP, while the lowest was 59.7817 PHP.

  • There are currently 18 providers offering transfers between Portugal and the Philippines close to this 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 Portugal to Philippines!

Payment options for transfers from Portugal to
Philippines

  • Bank transfers

    Bank transfers are often the fastest and cheapest way to send money from Portugal to the Philippines.

    Using a money transfer company such as TalkRemit for payments from Portugal 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. 


    TalkRemit is the best money transfer provider for bank transfers of the 18 we compared when sending EUR to the Philippines.

    With an average fee of 0 EUR to transfer money from Portugal to the Philippines, TalkRemit offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money with a debit card from Portugal to the Philippines is easy with Wise.


    Wise is a leader in debit card money transfers from Portugal to the Philippines. They are the best option of the 18 transfer companies compared.

  • Credit cards

    When it comes to credit card transfers from Portugal to the Philippines, Xe is the top choice of the 18 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 Portugal.


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 Portugal 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

How much money can be transferred from Portugal to Philippines?
Are there any tax implications to sending money from Portugal to Philippines?
Can I send money from Portugal to Philippines with MoneyTransfers.com?
What are the typical transfer fees for sending Euros to Philippines through various providers?
How long does it take to send money from Portugal to Philippines?
What is the best exchange rate I can get for sending money from Portugal to Philippines?
Are there any minimum or maximum transfer amounts for sending money from Portugal to Philippines?
Can I schedule regular transfers between Portugal and Philippines?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.