How to send money from United States to Philippines at the lowest cost
How we help you transfer money from United States to Philippines in the cheapest way:
- Hidden costs exposed by comparing the services USD-PHP conversion rate to the mid-market exchange rate
- Real-time total costs including all fees and the exchange markup
- Full transparency, comparing 12 money transfer services such as Transferwise, Remitly and RIA
Our comparison engine found 4 money transfer services available to send money to Philippines from United States. The list is sorted by total transaction costs including the hidden USD-PHP exchange rate fees, starting with the cheapest money transfer services at the top:
The overall cheapest money transfer service is Stanford Federal Credit Union with "Bank" as the receiving payment method. In this case the total transaction costs are USD 2.66, whereas the service fee is USD 2.66 and the USD-PHP exchange rate is 48.119. In comparison, you would pay a total cost of USD 297.9 if you selected to use WorldRemit for the very same transfer. Two other options for sending money to Philippines are worth considering: Western Union and RiaMoneyTransfer.
Transfer to a bank account: To transfer your USD to a bank account in PHP in Philippines, the most competitive option is currently Stanford Federal Credit Union, with 2.66 transfer fees and a competitive USD-PHP conversion rate (currently at 1 USD = 48.119 PHP).
Transfer to a cash pick-up location: You prefer the money to arrive in cash? We list several providers able to send PHP for cash pick-up in Philippines: RiaMoneyTransfer is currently the most competitive provider with USD 1 for the transfer fees and a competitive USD-PHP exchange rate (current rate: 1 USD = 47.3391 PHP), resulting in total costs of USD 5.89.
This recommendation was updated 25 days ago.