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Send money from Philippines to South Korea
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Best recommended: Wise
Of the 1 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
A transfer of 400,000 Philippine Pesos to KRW will cost you ₱2274.27 in fees, and you will receive 9,602,332 KRW. The transfer time is next day, but might be a bit longer depending on the day you make the transfer.
Make your Philippines to South Korea transfer using Wise for the best mix of cost and speed.
How to get the best deal on sending money from Philippines to South Korea
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from the Philippines to South Korea.
- Choose a provider
Select the provider that offers you the best value on buying KRW & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
What to consider ahead of money transfers from Philippines to South Korea
Comparing based on your specific needs is the best way to send money from the Philippines to South Korea with confidence.
Our analysis, and search results, include 1 providers that operate between the Philippines and South Korea. 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 South Korea.
Cheapest way to transfer money to South Korea from the Philippines: Wise
Of the 1 providers compared, data shows that Wise is 0% cheaper than the second-best option.
The is cost is made up of PHP-KRW exchange rate that is -0.14% different to the mid-market rate and the a of 2274.27 PHP.
If you want to secure the best rates on a PHP to South Korea transfer, Wise will result in the most Won received.
Fastest money transfers from Philippines to South Korea: Wise.
Based on our recent data, transfer time for a ₱400,000 transfer to South Korea with Wise is next day. This can vary by amount and method, but it is a good point of reference.
Sending money from the Philippines to South Korea through Wise will cost you 2274.27 PHP in fees & small markup.
Wise was one of 1 money transfer providers we compared for overall speed of sending money from the Philippines to South Korea. This speed test included depositing Philippine Pesos to an account and the average timeframe for sending money to South Korea.
When fast transfers are a priority, Wise is our best choice for sending from Philippines to South Korea.
Sending large amounts of money
Of the 1 companies compared, Wise has the strongest option for large transfers from the Philippines to South Korea.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Philippine Peso to Won.
The Wise rate makes them great for large transfers between South Korea and the Philippines.
Understanding the cost of transferring money to South Korea from Philippines
Fees and exchange rates make up the total cost of sending money from South Korea to South Korea. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current PHP-KRW mid-market rate is 24.1237 KRW per Philippine Peso. You will get more Won for your Philippine Pesos if you find a provider close to this number.
For context, over the last 7 days the PHP-KRW mid-market rate has had a high of 24.1485, a low of 23.9455 and averaged 24.0902 KRW per Philippine Peso.
Across the 1 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting PHP to KRW will be the biggest determining factor when working out the cost of transferring Philippine Pesos to South Korea.
Fees: Transfer fees are charged as part of the transfer. Wise charges the lowest fee of 2274.27 PHP at the moment. 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 Won eventually received in South Korea. You can assume that a lower cost of sending from the Philippines will result in more money received in South Korea.
Track the exchange rate for Philippine Peso to Won
Sending money at the right time between PHP and KRW can make a huge difference to overall cost. The exchange rate impacts how much KRW you get for your PHP.
Over the last 7 days, the average numbers are:
The exchange rate from PHP to KRW averaged 24.0902 KRW.
The highest value recorded was 24.1485 KRW, while the lowest was 23.9455 KRW.
1 providers currently offer transfers between the Philippines and South Korea close to this rate.
Want to secure the best PHP-Won exchange rates?
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Funding your Philippines to South Korea money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from the Philippines to South Korea.
By using a money transfer company such as Wise for transfers from the Philippines to South Korea, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank.
On average, Wise is the cheapest way to send money via a bank transfer. This is of the 1 companies we tested when sending PHP to South Korea.
With a fee of 2274.27 PHP to send money from the Philippines to South Korea, Wise offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Philippines to South Korea with a debit or a prepaid card is easy with .
is a leading money transfer company for debit card payments, and offers transfers from the Philippines to South Korea.
Credit cards
We recommend avoiding credit card transfers due to high fees, and instead, you should consider a bank transfer or a debit card deposit.
However, if you do need to use a credit card to fund your transfer, use our comparison tool to get the latest deal.
Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, 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 South Korea 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 Korea.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to KRW.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
