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Best option: Wise
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.
How to to send from Portugal to Philippines in the best way
- Always compare rates
Money transfers to Philippines should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Portugal to the Philippines.
- Choose a provider
Select the provider that offers you the best value on your Euro & service for your needs.
- 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
Considerations when sending from Portugal to Philippines
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.
Cheapest way to transfer money from Portugal to Philippines: TalkRemit
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: Paysend
Our comparison shows Paysend is the fastest option for sending Euro into Philippine Peso 36.4% of the time. For urgent EUR to PHP money transfers, they’re our recommended choice.
A EUR-Philippine Peso transfer through Paysend comes with an average 0 EUR fee.
To ensure Paysend 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, Paysend is the top choice for sending into the Philippines from Portugal.
Transfer a large sum of money
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 62.1579 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 62.73 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.
Over the last six months, here’s what we’ve seen:
The exchange rate from EUR to PHP averaged 62.73 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
