How to Send Money to Philippines: All Options Compared
The Philippines receives over $36 billion in remittances each year. Here is a complete comparison of all platforms for sending money to Filipino families.
The Philippines is the third-largest remittance recipient globally. The Philippine peso corridor is extremely competitive, which means rates are better than most — but you still need to choose carefully. Differences between providers add up significantly over time.
Top Platforms for Sending to Philippines
- Remitly: 1–2% total cost, multiple delivery options, very reliable
- Wise: mid-market rate + 0.5–0.8%, bank deposit in 1–2 days
- GCash (via partner services): direct to GCash wallet, widely used
- Western Union: higher cost but cash pickup at 17,000+ locations nationwide
- Steyble + local P2P: best for regular transfers >$500, <0.5% total cost
Delivery Options
- Bank deposit: fastest for recipients with BPI, BDO, UnionBank
- GCash wallet: instant, very widely adopted, convenient for everyday purchases
- Cash pickup: 7-Eleven, Palawan Pawnshop, hundreds of locations nationwide
- Door-to-door: available through some Philippine remittance services
Best Times to Send
PHP rates tend to be most favourable during Manila business hours (8am–6pm PHT). Sending on weekdays avoids weekend float costs. For recipients who need cash immediately, Remitly and Western Union offer same-hour services for a small premium. For non-urgent transfers, the standard service saves $5–10 per transfer.