How to send money to Turkey from Philippines with the best PHP-TRY rate
Get the best deals when you send money from the Philippines to Turkey. Find the best, cheapest, and fastest, providers for PHP to TRY transfers and exchange rates.
Read on for insights and expert information, and all you need to make money transfers to Turkey from Philippines.
Transferring the other way? Send TRY from Turkey to Philippines instead.
"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."
"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."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
Overall best option: Wise
Of the 2 companies that support PHP to TRY, Wise offered the best combination of cost and speed.
Sending 14,700 PHP to TRY will cost you ₱372.95 in fees, and you will receive 10,353.82 TRY. The delivery time usually is within minutes, but can be longer depending when you make the transfer.
So for a great mix of cost, speed & features, send Philippine Pesos to Turkey using Wise.
How to get the best deal on sending money from Philippines to Turkey
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 Turkey.
Choose a provider
Select the provider that offers you the best value on buying TRY & 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
What to consider ahead of money transfers from Philippines to Turkey
Comparing based on your specific needs is the best way to send money from the Philippines to Turkey with confidence.
Our analysis, and search results, include 2 providers that operate between the Philippines and Turkey. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in the Philippines when you need to send money to Turkey.
The cheapest way to send money to Turkey from Philippines is to send cash via MoneyGram Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100s of money transfer companies, there aren’t many options servicing PHP/TRY.
The main cost is made up of the fee (around 3 PHP) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much PHP you are sending.
Fastest money transfers from Philippines to Turkey: cash transfer via MoneyGram Agent
The quickest way to send money from Philippines to Turkey is through a cash transfer with a MoneyGram Agent.
In most cases, cash transfers are processed instantly, allowing your recipient to collect TRY within minutes.
In some cases, transfer times can vary depending on the amount sent and the branch you use, with larger transfers occasionally taking up to 24 hours to process.
Given the limited number of providers supporting PHP to TRY transfers, MoneyGram remains the fastest and most reliable option for cash pickups in Turkey.
Transferring large sums of money
Of the 2 money transfer companies tested, Wise is the strongest option for large transfers from the Philippines to Turkey.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from the Philippines to Turkey can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to PHP because they offer a strong all-round product.
Understanding the costs involved when moving money from Philippines to Turkey
The total cost of money transfers to Turkey from the Philippines, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for PHP-TRY is 0.7227 TRY per Philippine Peso.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Turkish Lira for your Philippine Pesos.
On average for the last week, the PHP-TRY mid-market rate has been 0.721 TRY per Philippine Peso. This hit a high of 0.7227, and a low of 0.7193.
From the 2 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting PHP to TRY.
Fees: Some money transfers between the Philippines and Turkey will be subject to fees. Wise has a fee of 372.95 PHP based on a 14,700 PHP transfer.
Although you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Turkish Lira eventually received in Turkey.
This number should guide you, as a higher amount of money received in Turkey means a better overall cost of sending money from the Philippines.
How to find the best exchange rate for Philippine Peso to Turkish Lira
Timing is essential for sending money between PHP and TRY. The exchange rate you secure impacts how much TRY you get for your PHP.
Let's dive into some interesting recent trends.
In the last 7 days, the exchange rate from PHP to TRY has seen some fluctuation. On average, it stood at 0.721.
During this period, the highest value recorded was 0.7227, while the lowest was 0.7193.
Wise, which is our recommended service to send money online from Philippines to Turkey offers 0.7227 TRY per PHP which is only 0% above the mid-market rate.
Want to secure the best PHP-Turkish Lira exchange rates?
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Funding your Philippines to Turkey money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from the Philippines to Turkey.
By using a money transfer company such as Wise for transfers from the Philippines to Turkey, 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 2 companies we tested when sending PHP to Turkey.
With a fee of 372.95 PHP to send money from the Philippines to Turkey, Wise offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Philippines to Turkey with a debit or a prepaid card is easy with MoneyGram Agent.
MoneyGram Agent is a leading money transfer company for debit card payments, and offers transfers from the Philippines to Turkey.
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, 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 Turkey 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 Turkey.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to TRY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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