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Companies for transfers from Philippines to Singapore
"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."
"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."
Best recommended: OFX
Of the 8 money transfer providers tested and reviewed, OFX scored highly for its competitive rates and fees.
OFX appeared in 42.5% of Philippines to Singapore searches, and was the top rated company supporting PHP to SGD transfers.
Make your Philippines to Singapore transfer using OFX for the best mix of cost and speed.
How to send money from Philippines to Singapore
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Singapore Dollar from the Philippines.
- Choose a provider
Select the provider offering the best way to send to Singapore based on your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your Singapore Dollar will soon be on their way to Singapore.
Summary of recent searches
Considerations ahead of sending money from Philippines to Singapore
A comparison of providers offering services between the Philippines and Singapore, 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 8 providers that provide services for sending Philippine Peso to Singapore. This ensures you will get the best options for your transfer to Singapore from the Philippines.
Whilst we rate OFX as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the Philippines to Singapore.
Cheapest way to send money from the Philippines to Singapore: OFX
On average, OFX fees were 0* PHP per transfer and customers would expect an exchange rate between PHP-SGD that is 3.57% different to the mid-market rate
Against the others tested, OFX is 0% cheaper than the second-best option.
To secure a cheap way to transfer PHP to Singapore, OFX is our recommendation.
*The most common fee applied to PHP-SGD by OFX, based on data from the past six months.
Fastest money transfers to Singapore from the Philippines: OFX.
Through our comparison, we found OFX to be the fastest option for sending Philippine Peso to Singapore Dollar 42.5% of the time. For fast transfers between PHP and SGD, OFX is a great option.
When sending money from the Philippines to Singapore, OFX has an average fee of 0 PHP. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 8 money transfer providers offering the Philippines to Singapore transfers for overall speed. This included transfer times to after depositing Philippine Peso to a money transfer account.
When you want the fastest way to send, OFX is our recommended choice for the Philippines to Singapore transfers.
Sending large amounts of money
Of the 8 companies compared, OFX has the strongest option for large transfers from the Philippines to Singapore.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Philippine Peso to Singapore Dollar.
The OFX rate makes them great for large transfers between Singapore and the Philippines.
Understanding the cost of transferring money to Singapore from Philippines
Fees and exchange rates make up the total cost of sending money from Singapore to Singapore. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current PHP-SGD mid-market rate is 0.023 SGD per Philippine Peso. You will get more Singapore Dollar for your Philippine Pesos if you find a provider close to this number.
For context, over the last three months the PHP-SGD mid-market rate has had a high of 0.0234, a low of 0.0226 and averaged 0.023 SGD per Philippine Peso.
Across the 8 companies compared, the best exchange rate is with OFX.
Unless fees are unusually high, the exchange rate you receive on converting PHP to SGD will be the biggest determining factor when working out the cost of transferring Philippine Pesos to Singapore.
Fees: Transfer fees are charged as part of the transfer. OFX 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 Singapore Dollar eventually received in Singapore. You can assume that a lower cost of sending from the Philippines will result in more money received in Singapore.
Finding the best exchange rate between Philippine Peso and Singapore Dollar
Getting a strong exchange rate between PHP and SGD is essential. The exchange rate you secure impacts how much SGD 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 SGD has averaged 0.023.
In this period there was a high of 0.0234, and a low of 0.0226.
OFX, which is our recommended service to send money online from Philippines to Singapore offers an exchange rate with a mark up of 3.61% above the mid-market rate.
Want to secure the best PHP-Singapore Dollar exchange rates?
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Philippines to Singapore money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from the Philippines to Singapore.
A money transfer company like OFX offer bank transfers between the Philippines and Singapore with lower fees and better exchange rates than you would get from a traditional bank.
On average, OFX is the cheapest provider for bank transfers of the 8 we tested when sending PHP to Singapore.
OFX has an average fee of 0 PHP for money transfersfrom the Philippines to Singapore. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Philippines to Singapore with a debit or a prepaid card is very simple with Instarem.
Instarem is a leader in debit card payments for transfers from the Philippines to Singapore, competing among a total of 8 active money transfer companies on this route.
Credit cards
Instarem is our top choice of the 8 companies offering credit card transfers from the Philippines to Singapore.
Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. 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 Singapore 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 Singapore.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to SGD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
