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Best option: OFX
We tested & reviewed 5 money transfer providers, and OFX scored highly in each category.
Over the last six months, OFX appeared in 55% of Taiwan to Philippines searches, and was the top rated company supporting money transfers between TWD and PHP.
For a great mix of cost, speed & features, transfer from Taiwan to Philippine Peso using OFX.
How to get the best deal on sending money from Taiwan to Philippines
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Taiwan to the Philippines.
- Choose a provider
Select the provider that offers you the best value on buying PHP & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Sending money from Taiwan to Philippines considerations
A comparison of providers offering services between Taiwan and the Philippines is the easiest way to ensure the best deal.
We've compared 5 providers that offer services for sending New Taiwan Dollar to the Philippines.
This ensures you will get the best options for your transfer to the Philippines from Taiwan.
Whilst we rate OFX as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Taiwan to the Philippines.
Cheapest way to transfer money to the Philippines from Taiwan: OFX
Of the 5 providers compared, data shows that OFX is 0% cheaper than the second-best option.
The is cost is made up of an average TWD-PHP exchange rate that is 1.28% different to the mid-market rate and an average fee of 0* TWD.
If you want to secure the best rates on a TWD to Philippines transfer, OFX will result in the most Philippine Peso received.
*The most common fee applied to TWD-PHP by OFX, based on data from the past six months.
Fastest money transfers to Philippines from Taiwan: Moneycorp.
Through our research, we found Moneycorp to be the quickest way to send TWD into Philippine Peso in 44.9% of instances. For fast transfers between TWD and PHP, Moneycorp is generally a good option.
Money transfers from Taiwan to the Philippines through Moneycorp have an average fee of 0 TWD.
To confirm that Moneycorp was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from Taiwan to the Philippines. This was made up of depositing New Taiwan Dollar to a money transfer account and transfer times to the Philippines.
When sending quickly is a priority, Moneycorp is our recommended choice for sending into Philippines from Taiwan.
Transfer a large sum of money
From 5 money transfer companies compared, OFX is the best option for large transfers from Taiwan to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Taiwan to the Philippines can become expensive if you use a bank, or the wrong provider.
OFX is the top choice for sending large sums of money to the Philippines from Taiwan because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Taiwan to Philippines
The total cost of sending money to the Philippines from Taiwan, 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 TWD-PHP is 1.8063 PHP per New Taiwan Dollar.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your New Taiwan Dollar.
The average TWD-PHP mid-market rate for the last three months has been 1.7882 PHP per New Taiwan Dollar. This includes a high of 1.819, and low of 1.7401.
Out of the 5 companies compared, Moneycorp offers the best exchange rates.
The exchange rate you receive on converting TWD to PHP should be the biggest determining cost factor when transferring New Taiwan Dollar 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. OFX, with a fee average of 0 TWD 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 Taiwan will result in more money received in the Philippines.
Track the exchange rate for New Taiwan Dollar to Philippine Peso
Sending money at the right time between TWD and PHP can make a huge difference to overall cost. The exchange rate impacts how much PHP you get for your TWD.
Over the last six months, the average numbers are:
The exchange rate from TWD to PHP averaged 1.7882 PHP.
The highest value recorded was 1.819 PHP, while the lowest was 1.7401 PHP.
5 providers currently offer transfers between Taiwan and the Philippines close to this rate
Want to secure the best TWD-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 Taiwan to Philippines!
Payment options for transfers from Taiwan to Philippines
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Taiwan to the Philippines.
Using a money transfer company such as OFX for payments from Taiwan 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.
OFX is the best money transfer provider for bank transfers of the 5 we compared when sending TWD to the Philippines.
With an average fee of 0 TWD to transfer money from Taiwan to the Philippines, OFX offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Taiwan to the Philippines is easy with .
is a leader in debit card money transfers from Taiwan to the Philippines. They are the best option of the 5 transfer companies compared.
Credit cards
When it comes to credit card transfers from Taiwan to the Philippines, is the top choice of the 5 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 Taiwan.
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 Taiwan to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TWD 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
