Best option: Wise
We tested & reviewed 22 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 98.6% of United Kingdom to Philippines searches, and was the top rated company supporting money transfers between GBP and PHP.
For a great mix of cost, speed & features, transfer from United Kingdom to Philippine Peso using Wise.
How to compare companies offering money transfers from United Kingdom to Philippines
Considerations ahead of sending money from United Kingdom to Philippines
A comparison of providers offering services between the United Kingdom and the Philippines, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 22 providers that provide services for sending Pound Sterling to Philippines. This ensures you will get the best options for your transfer to the Philippines from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to Philippines.
Cheapest way to send money to the Philippines from the United Kingdom: WorldRemit
Data collected through our comparison over the past six months shows that WorldRemit is 2% cheaper than the second-best option.
The cost is made up of an average fee of 1.99* GBP and an exchange rate for buying Philippine Peso with Pound Sterling that is -1.56% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to Philippines transfer, WorldRemit offers value. We would still recommend searching for the amount you want to send to the Philippines.
*The most common fee applied to GBP-PHP by WorldRemit, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Philippines: Paysend
Our data shows that Paysend came up as the fastest option for sending Pound Sterling into Philippine Peso in 50.9% of searches. This makes them well suited to urgent GBP to PHP money transfers.
The average fee for a GBP-Philippine Peso transfer through Paysend is 0 GBP.
To get the 'fastest' option we compared 22 providers for overall speed of sending money from the United Kingdom to the Philippines - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in the Philippines.
When speed matters, Paysend is your best choice for sending into the Philippines from the United Kingdom.
Transfer a large sum of money
From 22 money transfer companies compared, Wise is the best option for large transfers from the United Kingdom to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from the United Kingdom 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 the United Kingdom because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from United Kingdom to Philippines
The total cost of sending money to the Philippines from the United Kingdom, 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 GBP-PHP is 74.3027 PHP per Pound Sterling.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Pound Sterling.
The average GBP-PHP mid-market rate for the last three months has been 74.5112 PHP per Pound Sterling. This includes a high of 75.9828, and low of 71.6264.
Out of the 22 companies compared, WorldRemit offers the best exchange rates.
The exchange rate you receive on converting GBP to PHP should be the biggest determining cost factor when transferring Pound Sterling 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. WorldRemit, with a fee average of 1.99 GBP 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 the United Kingdom will result in more money received in the Philippines.
Tracking the exchange rate for Pound Sterling to Philippine Peso
Getting a better exchange rate between GBP and PHP can make a huge difference to the overall cost of sending money.
Over the last six months, between the United Kingdom and the Philippines, the average numbers are:
GBP to PHP saw an average 74.5112 PHP mid-market rate.
The highest point was 75.9828 PHP, while the lowest was 71.6264 PHP.
22 providers are currently offering transfers between the United Kingdom and the Philippines.
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Payment options for transfers from United Kingdom 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 United Kingdom.
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 United Kingdom to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.