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Overall top choice: CurrencyFair
Of the 10 money transfer providers we tested and reviewed, CurrencyFair was a standout option for its combination of speed and cost.
Over the last six months, CurrencyFair appeared in 39.7% of searches for transfers between the Philippines and Spain.
When sending money from the Philippines to Spain, using CurrencyFair 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 sending money from Philippines to Spain easy
Comparing the different providers offering services between the Philippines and Spain, is the best way to send money with confidence.
The 10 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 CurrencyFair as the best overall, comparing gives you a comprehensive view of all the options for transferring Philippine Peso to Spain.
Cheapest way to send money to Spain from the Philippines: CurrencyFair
The cost is a combination of an average fee of 3.04* PHP and an exchange rate for converting Philippine Peso to Euro that is 0% different to the mid-market rate.
On average, CurrencyFair is 0% cheaper than the second-best option.
We would recommend CurrencyFair for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to PHP-EUR by CurrencyFair, based on data from the past six months.
Fastest way to transfer money to Spain from the Philippines: CurrencyFair.
Through our data, we found CurrencyFair to be the fastest option for sending money from the Philippines into Euro in 41.1% of occasions. For fast PHP to EUR money transfers, CurrencyFair comes highly recommended.
the Philippines to Spain transfers with CurrencyFair have an average fee of 3.03 PHP.
To test that CurrencyFair was the 'fastest' option we compared 10 providers. With this, we compared overall speed of sending money from the Philippines to Spain made up of depositing Philippine Pesos, to a money transfer account and transfer times to Spain.
When sending at speed is a priority, CurrencyFair is our recommended choice for sending into Spain from Philippines.
Transfer a large amount of money
CurrencyFair is the strongest option for large transfers of the 10 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 CurrencyFair 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 0.0161 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 0.0163, a low of 0.0156 and averaged 0.016 EUR per Philippine Peso.
Across the 10 companies compared, the best exchange rate is with CurrencyFair.
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. CurrencyFair at an average of 3.04 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 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.
Over the past six months, the mid-market rate from PHP to EUR has averaged 0.016.
In this period there was a high of 0.0163, and a low of 0.0156.
CurrencyFair, which is our recommended service to send money online from Philippines to Spain offers an exchange rate with a mark up of 0% above the mid-market rate.
Want to secure the best PHP-Euro exchange rates?
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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 CurrencyFair 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, CurrencyFair is the cheapest provider for bank transfers from the 10 we tested when sending PHP to Spain.
With an average fee of PHP3.04 to send money from the Philippines to Spain, CurrencyFair 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 Wise.
Wise is a market leader in debit card payments for transfers from the Philippines to Spain, this is among a total of 10 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from the Philippines to Spain, Wise emerges as our top choice of the 10 companies offering this service.
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 document.
Money transfer company reviews
