.svg)
Send money from Philippines to Taiwan
"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."
"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."
"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."
Best recommended: Wise
Of the 4 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
A transfer of 14,700 Philippine Pesos to TWD will cost you ₱177.82 in fees, and you will receive 7,746.84 TWD. The transfer time is within a week, but might be a bit longer depending on the day you make the transfer.
Make your Philippines to Taiwan transfer using Wise 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
Compare providers
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 4 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 Wise 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.
Beat the Philippine Peso-New Taiwan Dollar exchange rate
Choose the right payment method
Financial regulations across Philippines and Taiwan
Consider minimum and maximum limits
Receiving money in Taiwan
Be ready with your ID
Tax declarations
The fastest way to send money to Taiwan 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/TWD transfer options available, this is by far the fastest way to do it.
The cheapest way to to send money to Taiwan from Philippines is via PayPal P2P Transfer
The coverage of PHP/TWD 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 4 companies compared, Wise 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 Wise 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 0.5333 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 7 days the PHP-TWD mid-market rate has been 0.5286 TWD per Philippine Peso, this has had a high of 0.5333 and a low of 0.518.
From the 4 companies compared, Wise 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 Wise, charging 177.82 PHP per transfer. 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.
In the past 7 days, the mid-market rate from PHP to TWD has averaged 0.5286.
In this period there was a high of 0.5333, and a low of 0.518.
Wise, which is our recommended service to send money online from Philippines to Taiwan offers 0.5334 TWD per PHP which is only -0.02% above the mid-market rate.
Want to secure the best PHP-New Taiwan Dollar 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 Taiwan!
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 Wise 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.
Wise is the best money transfer provider for bank transfers of the 4 we compared when sending PHP to Taiwan.
With a fee of 177.82 PHP to transfer money from the Philippines to Taiwan, Wise 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 Western Union Agent.
Western Union Agent is a leader in debit card money transfers from the Philippines to Taiwan. They are the best option of the 4 transfer companies compared.
Credit cards
When it comes to credit card transfers from the Philippines to Taiwan, we recommend comparing your options to get the best deal.
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 and review methodology.
Money transfer company reviews
