How to send money to Spain from Philippines with the best PHP-EUR rate
Compare the best deals on transfers from the Philippines to Spain. Explore the cheapest, fastest, and most reliable providers with the best PHP to EUR exchange rates.
Read on for the insights and in-depth analysis, and all you need to send money to Spain from Philippines.
Transferring the other way? Send EUR from Spain to Philippines instead.
"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."
"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."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"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."
Overall top choice: Wise
Of the 4 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Sending 14,700 PHP to EUR will cost you ₱54.8 in fees, and you will receive 211.86 EUR.
When sending money from the Philippines to Spain, using Wise in a great option.
How to get the best deal on sending money from Philippines to Spain
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 Spain.
Choose a provider
Select the provider that offers you the best value on buying EUR & 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
Considerations to make when sending money from Philippines to Spain
Comparing the different providers offering services between the Philippines and Spain, is the best way to send money with confidence.
The 4 providers we've compared ensures you will get the best options for your transfer to Spain from Philippines. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Philippine Peso to Spain.
The fastest way to send money to Spain from Philippines is by sending cash
Cash transfers are almost instant in most cases.
However, in some cases, it can take a few days to process, depending on your branch, how much you are sending, and the deposit method you use.
Considering there aren’t many PHP/EUR transfer options available, this is by far the fastest way to do it.
The cheapest way to to send money to Spain from Philippines is via PayPal P2P Transfer
The coverage of PHP/EUR transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a PHP transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Transfer a large amount of money
Wise is the strongest option for large transfers of the 4 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from the Philippines to Spain can become expensive through your bank or with the wrong provider.
Our data shows Wise as the best choice for sending large sums of money to Spain from the Philippines.
Understanding the cost of transferring money to Spain from Philippines
Fees and exchange rates make up the total cost of sending money from Spain to Spain. 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 0.0144 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 7 days the PHP-EUR mid-market rate has had a high of 0.0146, a low of 0.0145 and averaged 0.0145 EUR per Philippine Peso.
Across the 4 companies compared, the best exchange rate is with Wise.
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 Spain.
Fees: Transfer fees are charged as part of the transfer. Wise charges the lowest fee of 54.8 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 Euro eventually received in Spain. You can assume that a lower cost of sending from the Philippines will result in more money received in Spain.
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.
In the past 7 days, the mid-market rate from PHP to EUR has averaged 0.0145.
In this period there was a high of 0.0146, and a low of 0.0145.
Wise, which is our recommended service to send money online from Philippines to Spain offers 0.0145 EUR per PHP which is only -0.3% above the mid-market rate.
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Payment methods for Philippines to Spain transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from the Philippines to Spain.
By opting for a money transfer company such as Wise for transfers from the Philippines to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 4 we tested when sending PHP to Spain.
With a fee of PHP54.8 to send money from the Philippines to Spain, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from the Philippines to Spain is easy with Western Union Agent.
Western Union Agent is a market leader in debit card payments for transfers from the Philippines to Spain, this is among a total of 4 money transfer companies compared.
Credit card transfers
When it comes to credit card transfers from the Philippines to Spain, we to get the best deal as not many companies offer direct credit card deposits.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain 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 Spain.
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 and review methodology.
Related transfer routes
Send money from Philippines
Send money to Spain
How much money can be transferred from Philippines to Spain?
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Can I send money from Philippines to Spain with MoneyTransfers.com?
What are the typical transfer fees for sending Philippine Pesos to Spain through various providers?
How long does it take to send money from Philippines to Spain?
What is the best exchange rate I can get for sending money from Philippines to Spain?
Are there any minimum or maximum transfer amounts for sending money from Philippines to Spain?
Can I schedule regular transfers between Philippines and Spain?
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