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Send money from Sri Lanka to Philippines
While you can’t send LKR to PHP with Wise, you can transfer USD to USD.
"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."
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.
How to send money from Sri Lanka to Philippines
Sending money from Sri Lanka to Philippines doesn’t have a huge amount of options. Because of this, we suggest sending money via:
Wise (USD/USD or EUR/EUR transfers)
How to get the best deal on sending money from Sri Lanka 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 Sri Lanka to Philippines.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Sri Lanka and Philippines.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to the Philippines.
Sending money from Sri Lanka to Philippines: key insights and tips
Don't settle for the first option. Always compare ways to send money from Sri Lanka to Philippines to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between Sri Lanka and Philippines. Through this, you get a comprehensive view of all the options you have in Sri Lanka when you need to send money to Philippines.
Cheapest way to send money from Sri Lanka to Philippines
Without any money transfer providers serving the Sri Lanka to Philippines route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from Sri Lanka to Philippines
When calculating the costs of money transfers between Sri Lanka and Philippines, here's what really matters:
The Mid-Market Rate: Today, the LKR-PHP mid-market rate equals to 0.1884. Keep in mind that this rate fluctuates all the time.
The LKR-PHP average exchange rate of the past week has been 0.1895, with a highest of 0.1909 and a lowest of 0.1888.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your LKR to PHP transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
Track the exchange rate for Sri Lank Rupee to Philippine Peso
Sending money at the right time between LKR and PHP can make a huge difference to overall cost. The exchange rate impacts how much PHP you get for your LKR.
Over the last 7 days, the average numbers are:
The exchange rate from LKR to PHP averaged 0.1895 PHP.
The highest value recorded was 0.1909 PHP, while the lowest was 0.1888 PHP.
2 providers currently offer transfers between Sri Lanka and the Philippines close to this rate
Want to secure the best LKR-Philippine Peso exchange rates?
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What payment methods are available when sending money from Sri Lanka to Philippines?
Sending bank transfers from Sri Lanka to Philippines
Bank transfers are the most common way of sending LKR to Philippines as they are secure, reliable, and convenient.
If you want to send Sri Lank Rupees to Philippines via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from Sri Lanka to Philippines by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Sri Lank Rupees to Philippines with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from Sri Lanka to Philippines by payment apps
If you’d like to send money from Sri Lanka to Philippines via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Sri Lanka to Philippines.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Philippines in Philippine Peso at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Sri Lanka to Philippines after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the LKR to PHP exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of LKR to PHP is 0.1884
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Philippines and Sri Lanka.
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 Sri Lanka to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send LKR 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
