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Send money from Taiwan to Philippines
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Taiwan to Philippines
While you can’t send TWD 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.
The best way to send TWD to Philippines is through a cash transfer with Western Union.
Western Union offers broad coverage across Taiwan and Philippines, making it a reliable option.
Transfer fees vary depending on the branch and the amount you send, but you can generally expect to pay around 3 TWD per 7,800 TWD transferred.
Before sending, check which deposit options are available in your area. In many cases, you can fund your transfer online in TWD, while the recipient collects PHP in cash at a local branch.
If you’re looking for alternatives, MoneyGram also offers competitive cash pickup services.
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
Compare providers
A comparison of providers offering services between Taiwan and the Philippines is the easiest way to ensure the best deal.
We've compared 3 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 Western Union Agent as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Taiwan to the Philippines.
Get the most from the New Taiwan Dollar-Philippine Peso exchange rate
Choose the right payment method
Financial regulations in Taiwan and Philippines
Consider transfer limits
How to receive money
Have your ID ready
Tax declarations
The fastest way to to send TWD to Philippines is using PayPal (P2P Transfer)
If you and your recipient both have the PayPal app, the transfer is instant.
However, the withdrawal time from the PayPal account to the bank account or mobile wallet could take some time (from minutes to couple of days depending on the amount and account status).
With the limited TWD/PHP transfer options, this is one of the fastest options you have.
Alternatively, you may want to consider sending cash via Western Union or MoneyGram.
Fastest money transfers from Taiwan to Philippines: cash transfer via MoneyGram Agent
The quickest way to send money from Taiwan to Philippines is through a cash transfer with a MoneyGram Agent.
In most cases, cash transfers are processed instantly, allowing your recipient to collect PHP within minutes.
In some cases, transfer times can vary depending on the amount sent and the branch you use, with larger transfers occasionally taking up to 24 hours to process.
Given the limited number of providers supporting TWD to PHP transfers, MoneyGram remains the fastest and most reliable option for cash pickups in Philippines.
Transfer a large sum of money
From 3 money transfer companies compared, Western Union Agent 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.
Western Union Agent 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 1.8751 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 7 days has been 1.884 PHP per New Taiwan Dollar. This includes a high of 1.8924, and low of 1.8751.
Out of the 3 companies compared, Western Union Agent 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. Western Union Agent has a fee of 3 TWD per transfer (which is the cheapest option right now for a NT$7,800 transfer).
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 7 days, the average numbers are:
The exchange rate from TWD to PHP averaged 1.884 PHP.
The highest value recorded was 1.8924 PHP, while the lowest was 1.8751 PHP.
3 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 Western Union Agent 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.
Western Union Agent is the best money transfer provider for bank transfers of the 3 we compared when sending TWD to the Philippines.
With a fee of 3 TWD to transfer money from Taiwan to the Philippines, Western Union Agent 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 Western Union Agent.
Western Union Agent is a leader in debit card money transfers from Taiwan to the Philippines. They are the best option of the 3 transfer companies compared.
Credit cards
When it comes to credit card transfers from Taiwan to the Philippines, we recommend comparing your options to get the best deal.
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 and review methodology.
Money transfer company reviews
