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Send money from Philippines to Sri Lanka
"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 best way: Wise
We tested & reviewed 1 transfer providers, and Wise scored highly.
Sending 114,000 PHP to LKR will cost you ₱614.49 in fees, and you will receive 597,970.23 LKR. The delivery time is within 3 hours, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your Philippines to Sri Lanka transfer using Wise.
How to get the best deal on sending money from Philippines to Sri Lanka
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 Sri Lanka.
Choose a provider
Select the provider that offers you the best value on buying LKR & 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 ahead of sending money from Philippines to Sri Lanka
Compare providers
A comparison of providers offering services between the Philippines and Sri Lanka, 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 1 providers that provide services for sending Philippine Peso to Sri Lanka. This ensures you will get the best options for your transfer to Sri Lanka from the Philippines.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the Philippines to Sri Lanka.
Get ahead of the Philippine Peso-Sri Lank Rupee exchange rate
Choose the right payment method
Financial regulation in Sri Lanka and Philippines
Consider transfer limits
Receiving money in Sri Lanka
Have your ID ready
Tax declarations
The fastest way to send money to Sri Lanka 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/LKR transfer options available, this is by far the fastest way to do it.
The cheapest way to to send money to Sri Lanka from Philippines is via PayPal P2P Transfer
The coverage of PHP/LKR 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).
Sending large amounts of money
Of the 1 companies compared, Wise has the strongest option for large transfers from the Philippines to Sri Lanka.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Philippine Peso to Sri Lank Rupee.
The Wise rate makes them great for large transfers between Sri Lanka and the Philippines.
Understanding the cost of transferring money to Sri Lanka from Philippines
Fees and exchange rates make up the total cost of sending money from Sri Lanka to Sri Lanka. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current PHP-LKR mid-market rate is 5.2653 LKR per Philippine Peso. You will get more Sri Lank Rupee for your Philippine Pesos if you find a provider close to this number.
For context, over the last 7 days the PHP-LKR mid-market rate has had a high of 5.3012, a low of 5.2121 and averaged 5.249 LKR 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 LKR will be the biggest determining factor when working out the cost of transferring Philippine Pesos to Sri Lanka.
Fees: Transfer fees are charged as part of the transfer. Wise charges the lowest fee of 614.49 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 Sri Lank Rupee eventually received in Sri Lanka. You can assume that a lower cost of sending from the Philippines will result in more money received in Sri Lanka.
How to find the best exchange rate for Philippine Peso to Sri Lank Rupee
Timing is essential for sending money between PHP and LKR. The exchange rate you secure impacts how much LKR you get for your PHP.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from PHP to LKR has seen some fluctuation. On average, it stood at 5.249.
During this period, the highest value recorded was 5.3012, while the lowest was 5.2121.
Wise, which is our recommended service to send money online from Philippines to Sri Lanka offers an exchange rate that is only 0.17% above the mid-market rate.
Want to secure the best PHP-Sri Lank Rupee exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Philippines to Sri Lanka!
Funding your Philippines to Sri Lanka money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from the Philippines to Sri Lanka.
By using a money transfer company such as Wise for transfers from the Philippines to Sri Lanka, 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 Sri Lanka.
With a fee of 614.49 PHP to send money from the Philippines to Sri Lanka, Wise offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Philippines to Sri Lanka 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 Sri Lanka.
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 Sri Lanka 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 Sri Lanka.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to LKR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
