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Best recommended: OFX
Of the 6 money transfer providers tested and reviewed, OFX scored highly for its competitive rates and fees.
OFX appeared in 51% of Philippines to Taiwan searches, and was the top rated company supporting PHP to TWD transfers.
Make your Philippines to Taiwan transfer using OFX for the best mix of cost and speed.
How to get the best deal on sending money from Philippines to Taiwan
- 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 Taiwan.
- Choose a provider
Select the provider that offers you the best value on buying TWD & 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
Get the most from sending money from Philippines to Taiwan
Comparing providers offering services between the Philippines and Taiwan based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire PHP-TWD market and have compared 6 providers offering services between the Philippines and Taiwan.
This ensures you will get the most comprehensive options for sending Philippine Peso to Taiwan.
Whilst we rate OFX as the best overall for transfers between the two countries, comparing gives you the best idea for your specific the Philippines to Taiwan transfer needs.
Cheapest way to send money to Taiwan from the Philippines: OFX
Data collected through our comparison over the past six months shows that OFX is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* PHP and an exchange rate for buying New Taiwan Dollar with Philippine Peso that is 5.73% different to the mid-market rate.
If you want to secure the best rates on a Philippines to Taiwan transfer, OFX offers value. We would still recommend searching for the amount you want to send to Taiwan.
*The most common fee applied to PHP-TWD by OFX, based on data from the past six months.
Fastest way to transfer money to Taiwan from the Philippines: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from the Philippines into New Taiwan Dollar in 43.9% of occasions. For fast PHP to TWD money transfers, Moneycorp comes highly recommended.
the Philippines to Taiwan transfers with Moneycorp have an average fee of 0 PHP.
To test that Moneycorp was the 'fastest' option we compared 6 providers. With this, we compared overall speed of sending money from the Philippines to Taiwan made up of depositing Philippine Pesos, to a money transfer account and transfer times to Taiwan.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into Taiwan from Philippines.
Sending large amounts of money
Of the 6 companies compared, OFX has the strongest option for large transfers from the Philippines to Taiwan.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Philippine Peso to New Taiwan Dollar.
The OFX rate makes them great for large transfers between Taiwan and the Philippines.
Understanding the cost of transferring money from Philippines to Taiwan
The total cost of money transfers from Philippines to Taiwan is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for PHP-TWD is currently 0.5535 TWD per Philippine Peso. Providers offering services closer to this rate will ensure more New Taiwan Dollar for your Philippine Pesos.
To give a historic average, over the last three months the PHP-TWD mid-market rate has been 0.5602 TWD per Philippine Peso, this has had a high of 0.5752 and a low of 0.5477.
From the 6 companies compared, Moneycorp offers the best exchange rate on transfers to Taiwan and the Philippines.
Generally, the exchange rate you receive on converting PHP to TWD will be the biggest factor impacting the cost of sending Philippine Pesos to Taiwan.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is OFX at an average of 0 PHP per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in New Taiwan Dollar. Simply, the higher the amount received in the Philippines, the lower the cost of sending from Taiwan.
Finding the best exchange rate between Philippine Peso and New Taiwan Dollar
Getting a strong exchange rate between PHP and TWD is essential. The exchange rate you secure impacts how much TWD 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 TWD has averaged 0.5602.
In this period there was a high of 0.5752, and a low of 0.5477.
OFX, which is our recommended service to send money online from Philippines to Taiwan offers an exchange rate with a mark up of 5.73% above the mid-market rate.
Want to secure the best PHP-New Taiwan Dollar exchange rates?
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Payment options for transfers from Philippines to Taiwan
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from the Philippines to Taiwan.
Using a money transfer company such as OFX for payments from the Philippines to Taiwan, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
OFX is the best money transfer provider for bank transfers of the 6 we compared when sending PHP to Taiwan.
With an average fee of 0 PHP to transfer money from the Philippines to Taiwan, OFX offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from the Philippines to Taiwan is easy with Instarem.
Instarem is a leader in debit card money transfers from the Philippines to Taiwan. They are the best option of the 6 transfer companies compared.
Credit cards
When it comes to credit card transfers from the Philippines to Taiwan, is the top choice of the 6 companies offering this service.
Fee alert: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. That's why 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 Taiwan 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 Taiwan.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to TWD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
