Companies for transfers from Portugal to Philippines
"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."
"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."
"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."
"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."
"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."
"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."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Card-to-card transfers can be received in just two minutes."
"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."
"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"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."
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
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: Ria Money Transfer
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
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.
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
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Payment options for transfers from Portugal to Philippines
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.