Companies for transfers from Philippines to Sri Lanka
"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 way: Wise
We tested & reviewed 6 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 55.6% of Philippines to Sri Lanka searches, and was the top rated company supporting payments the Philippines into Sri Lank Rupee.
So for a great mix of cost, speed & features, make your Philippines to Sri Lanka transfer using Wise.
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How to get the best deal on sending money from Philippines to Sri Lanka
Considerations ahead of sending money from Philippines to Sri Lanka
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 6 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.
Cheapest way to send money from Philippines to Sri Lanka: Wise
Our data shows, over the past six months, that Wise is 4.5% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 271.88* PHP and a PHP-LKR exchange rate for international transfers that is 0.09% different to the mid-market rate.
Securing the best rates on a PHP to Sri Lanka transfer can be done with Wise but you can always search for your specific amount.
*The most common fee applied by Wise when sending PHP-LKR, based on data from the past six months.
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Fastest way to transfer money to Sri Lanka from the Philippines: Wise.
Through our data, we found Wise to be the fastest option for sending money from the Philippines into Sri Lank Rupee in 55.6% of occasions. For fast PHP to LKR money transfers, Wise comes highly recommended.
the Philippines to Sri Lanka transfers with Wise have an average fee of 271.88 PHP.
To test that Wise was the 'fastest' option we compared 6 providers. With this, we compared overall speed of sending money from the Philippines to Sri Lanka made up of depositing Philippine Pesos, to a money transfer account and transfer times to Sri Lanka.
When sending at speed is a priority, Wise is our recommended choice for sending into Sri Lanka from Philippines.
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Sending large amounts of money
Of the 6 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.
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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 5.0886 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 three months the PHP-LKR mid-market rate has had a high of 5.4493, a low of 4.9658 and averaged 5.1734 LKR 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 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 at an average of 271.88 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 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 six months, the exchange rate from PHP to LKR has seen some fluctuation. On average, it stood at 5.1734.
During this period, the highest value recorded was 5.4493, while the lowest was 4.9658.
Wise, which is our recommended service to send money online from Philippines to Sri Lanka offers an exchange rate that is only 0.09% above the mid-market rate.
Want to secure the best PHP-Sri Lank Rupee exchange rates?
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Funding your Philippines to Sri Lanka money transfer
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 document.
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