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How to send money from Thailand to Philippines

Compare the best ways to send money from Thailand to the Philippines. Find the cheapest, fastest, and most reliable providers with the best THB to PHP exchange rates.

Explore the best deals, read expert information, and discover all you need to send money to Philippines from Thailand.

Transferring the other way? Send PHP from Philippines to Thailand instead.
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Companies for transfers from Thailand to Philippines

Sponsored - Managed Service

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

Best option: CurrencyFair

CurrencyFair is our top choice for THB to PHP transfers.

We tested & reviewed 7 money transfer providers, and CurrencyFair scored highly in each category.

Over the last six months, CurrencyFair appeared in 38.2% of Thailand to Philippines searches, and was the top rated company supporting money transfers between THB and PHP.

For a great mix of cost, speed & features, transfer from Thailand to Philippine Peso using CurrencyFair.

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How to get the best deal on sending money from Thailand to Philippines

Summary of recent searches

Top rated for transfers from Thailand to Philippines
CurrencyFair
Total number of TH - PH providers
7
Average cheapest fees & rate
OFX
Average fastest transfer
OFX
Average transfer time
Within minutes
Best for bank transfers
OFX

Sending money from Thailand to Philippines considerations

1
Compare providers

A comparison of providers offering services between Thailand and the Philippines is the easiest way to ensure the best deal.

We've compared 7 providers that offer services for sending Baht to the Philippines.

This ensures you will get the best options for your transfer to the Philippines from Thailand.

Whilst we rate CurrencyFair as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Thailand to the Philippines.

2
Get the most from the Baht-Philippine Peso exchange rate
3
Choose the right payment method
4
Financial regulations in Thailand and Philippines
5
Consider transfer limits
6
How to receive money
7
Have your ID ready
8
Tax declarations

Cheapest way to send money from Thailand to the Philippines: OFX

OFX offers the lowest cost transfers of the 7 compared.

Data collected for transfers between Thailand and the Philippines over the past six months shows that OFX is 0% cheaper than the second-best option.

This cost combines an average exchange rate between the Baht and Philippine Peso that is 3.17% different to the mid-market rate and an average fee of 0* THB.

*The most common fee applied to THB-PHP by OFX, based on data from the past six months.

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Fastest money transfers to Philippines from Thailand: OFX.

We tested 7 companies offering transfers from Baht to the Philippines and OFX offered the quickest options.

Through our research, we found OFX to be the quickest way to send THB into Philippine Peso in 51.5% of instances. For fast transfers between THB and PHP, OFX is generally a good option.

Money transfers from Thailand to the Philippines through OFX have an average fee of 0 THB.

To confirm that OFX was the 'fastest' option we compared 7 money transfer providers for overall speed of sending money from Thailand to the Philippines. This was made up of depositing Baht to a money transfer account and transfer times to the Philippines.

When sending quickly is a priority, OFX is our recommended choice for sending into Philippines from Thailand.

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Transfer a large sum of money

When sending large amounts of Baht to the Philippines it’s best to pick a company with higher maximum limits on exchange rates and send amounts.

From
7 money transfer companies compared, CurrencyFair is the best option for large transfers from Thailand to the Philippines.

Whether it’s for property purchases, business or any other reason, sending large amounts of money from Thailand to the Philippines can become expensive if you use a bank, or the wrong provider.

CurrencyFair is the top choice for sending large sums of money to the Philippines from Thailand because they offer a strong service and competitive exchange rates.

Understanding the cost of moving money from Thailand to Philippines

The total cost of sending money to the Philippines from Thailand, 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 THB-PHP is 1.7083 PHP per Baht.

  • Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Baht.

  • The average THB-PHP mid-market rate for the last three months has been 1.6794 PHP per Baht. This includes a high of 1.7432, and low of 1.5914.

  • Out of the 7 companies compared, OFX offers the best exchange rates.

  • The exchange rate you receive on converting THB to PHP should be the biggest determining cost factor when transferring Baht 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 THB 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 Thailand will result in more money received in the Philippines.

Track the exchange rate for Baht to Philippine Peso

Sending money at the right time between THB and PHP can make a huge difference to overall cost. The exchange rate impacts how much PHP you get for your THB.

Mid-market Rate
1
= 1.708284 PHP

Over the last six months, the average numbers are:

  • The exchange rate from THB to PHP averaged 1.6794 PHP.

  • The highest value recorded was 1.7432 PHP, while the lowest was 1.5914 PHP.

  • 7 providers currently offer transfers between Thailand and the Philippines close to this rate

Want to secure the best THB-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 Thailand to Philippines!

Payment options for transfers from Thailand to
Philippines

  • Bank transfers

    Bank transfers are often the fastest and cheapest way to send money from Thailand to the Philippines.

    Using a money transfer company such as OFX for payments from Thailand 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 7 we compared when sending THB to the Philippines.

    With an average fee of 0 THB to transfer money from Thailand 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 Thailand to the Philippines is easy with .


    is a leader in debit card money transfers from Thailand to the Philippines. They are the best option of the 7 transfer companies compared.

  • Credit cards

    When it comes to credit card transfers from Thailand to the Philippines, is the top choice of the 7 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 Thailand.


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 Thailand to Philippines.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send THB 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

How much money can be transferred from Thailand to Philippines?
Are there any tax implications to sending money from Thailand to Philippines?
Can I send money from Thailand to Philippines with MoneyTransfers.com?
What are the typical transfer fees for sending Bahts to Philippines through various providers?
How long does it take to send money from Thailand to Philippines?
What is the best exchange rate I can get for sending money from Thailand to Philippines?
Are there any minimum or maximum transfer amounts for sending money from Thailand to Philippines?
Can I schedule regular transfers between Thailand and Philippines?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.