Companies for transfers from Philippines to South Africa
"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."
Overall best option: Wise
Of the 6 companies that support PHP to ZAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 55.6% of Philippines to South Africa searches, consistently scoring as one of the best ways to send PHP to ZAR.
So for a great mix of cost, speed & features, send Philippine Pesos to South Africa using Wise.
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Compare for the best deal on your Philippines to South Africa transfer
Transfer consider from Philippines to South Africa
A comparison of providers offering services between the Philippines and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Philippine Peso to South Africa we've compared 6 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from the Philippines.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from the Philippines to South Africa.
Cheapest way to transfer money from Philippines to South Africa: OFX
Data collected over the past six months shows that OFX is 0% cheaper than the second-best option.
This includes an average transfer fee of 0* PHP an exchange rate for buying Rand with Philippine Pesos that is 3.95% different to the mid-market rate.
If you want to secure the best rates on transfers from Philippines to South Africa, OFX will result in the most Rand received.
*The most common fee applied to PHP-ZAR by OFX, based on data from the past six months.
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Fastest way to transfer money to South Africa from the Philippines: OFX.
Through our data, we found OFX to be the fastest option for sending money from the Philippines into Rand in 50% of occasions. For fast PHP to ZAR money transfers, OFX comes highly recommended.
the Philippines to South Africa transfers with OFX have an average fee of 0 PHP.
To test that OFX was the 'fastest' option we compared 6 providers. With this, we compared overall speed of sending money from the Philippines to South Africa made up of depositing Philippine Pesos, to a money transfer account and transfer times to South Africa.
When sending at speed is a priority, OFX is our recommended choice for sending into South Africa from Philippines.
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Need to make a large transfer?
Wise is the best option for large transfers of the 6 providers compared.
While Wise may not always be the cheapest or fastest way to send PHP from the Philippines to South Africa, it's a great provider for larger transfers for things like buying or selling property.
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Understanding the cost of transferring money to South Africa from Philippines
Fees and exchange rates make up the total cost of sending money from South Africa to South Africa. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current PHP-ZAR mid-market rate is 0.3174 ZAR per Philippine Peso. You will get more Rand for your Philippine Pesos if you find a provider close to this number.
For context, over the last three months the PHP-ZAR mid-market rate has had a high of 0.3203, a low of 0.3011 and averaged 0.3102 ZAR per Philippine Peso.
Across the 6 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting PHP to ZAR will be the biggest determining factor when working out the cost of transferring Philippine Pesos to South Africa.
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 Rand eventually received in South Africa. You can assume that a lower cost of sending from the Philippines will result in more money received in South Africa.
Finding the best exchange rate between Philippine Peso and Rand
Getting a strong exchange rate between PHP and ZAR is essential. The exchange rate you secure impacts how much ZAR 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 ZAR has averaged 0.3102.
In this period there was a high of 0.3203, and a low of 0.3011.
Wise, which is our recommended service to send money online from Philippines to South Africa offers an exchange rate with a mark up of 0.07% above the mid-market rate.
Want to secure the best PHP-Rand exchange rates?
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Funding your Philippines to South Africa money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa 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 South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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