Overall best way: Airwallex
Airwallex scored the highest of the 6 money transfer companies supporting PHP to EUR transfers.
In total, Airwallex appeared in 90% of Philippines to Portugal searches.
For a great mix of cost, speed & features, we advise using Airwallex for your Philippines to Portugal transfer.
How to compare companies offering money transfers from Philippines to Portugal
What to consider ahead of money transfers from Philippines to Portugal
Comparing based on your specific needs is the best way to send money from the Philippines to Portugal with confidence.
Our analysis, and search results, include 6 providers that operate between the Philippines and Portugal. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in the Philippines when you need to send money to Portugal.
Cheapest way to send money from Philippines to Portugal: Airwallex
Our data shows, over the past six months, that Airwallex is 0.5% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* PHP and a PHP-EUR exchange rate for international transfers that is -0.11% different to the mid-market rate.
Securing the best rates on a PHP to Portugal transfer can be done with Airwallex but you can always search for your specific amount.
*The most common fee applied by Airwallex when sending PHP-EUR, based on data from the past six months.
Fastest way to transfer money to Portugal from the Philippines: Airwallex.
Through our data, we found Airwallex to be the fastest option for sending money from the Philippines into Euro in 81.8% of occasions. For fast PHP to EUR money transfers, Airwallex comes highly recommended.
the Philippines to Portugal transfers with Airwallex have an average fee of 0 PHP.
To test that Airwallex was the 'fastest' option we compared 6 providers. With this, we compared overall speed of sending money from the Philippines to Portugal made up of depositing Philippine Pesos, to a money transfer account and transfer times to Portugal.
When sending at speed is a priority, Airwallex is our recommended choice for sending into Portugal from Philippines.
Sending large amounts of money
Of the 6 companies compared, Airwallex has the strongest option for large transfers from the Philippines to Portugal.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Philippine Peso to Euro.
The Airwallex rate makes them great for large transfers between Portugal and the Philippines.
Understanding the cost of transferring money to Portugal from Philippines
Fees and exchange rates make up the total cost of sending money from Portugal to Portugal. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current PHP-EUR mid-market rate is 0.0162 EUR per Philippine Peso. You will get more Euro for your Philippine Pesos if you find a provider close to this number.
For context, over the last three months the PHP-EUR mid-market rate has had a high of 0.0162, a low of 0.0156 and averaged 0.0159 EUR per Philippine Peso.
Across the 6 companies compared, the best exchange rate is with Airwallex.
Unless fees are unusually high, the exchange rate you receive on converting PHP to EUR will be the biggest determining factor when working out the cost of transferring Philippine Pesos to Portugal.
Fees: Transfer fees are charged as part of the transfer. Airwallex at an average of 0 PHP per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Euro eventually received in Portugal. You can assume that a lower cost of sending from the Philippines will result in more money received in Portugal.
Finding the best exchange rate between Philippine Peso and Euro
Getting a strong exchange rate between PHP and EUR is essential. The exchange rate you secure impacts how much EUR you get for your PHP.
It can pay to track rates, and keep on top of currency trends.
Over the past six months, the mid-market rate from PHP to EUR has averaged 0.0159.
In this period there was a high of 0.0162, and a low of 0.0156.
Airwallex, which is our recommended service to send money online from Philippines to Portugal offers an exchange rate with a mark up of -0.11% above the mid-market rate.
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Payment methods available to fund your Philippines to Portugal transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Portugal and Philippines.
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 Philippines to Portugal.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.