Our cheapest rates ever.
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It takes just a couple of minutes. Already have an account? Just sign in.
Heads up: you’ll need your recipient’s name, address, bank name, bank account number, and BIC/SWIFT code, along with your own payment information.
Just wait a bit. Your money will be in the Philippines in a matter of minutes.
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Our money transfers don’t travel through any intermediaries. They go straight to the Philippines and arrive more quickly than bank transfers.
Our rates are extremely competitive. And as an added bonus—no third-party fees.
We’ve been in the business for over 25 years, and have sent millions of money transfers around the world.
Need any assistance with your transfer? Our currency experts are here to help.
Our exchange rates are bank-beating and we don't charge any additional fees to use our service. Our rates are linked to the live foreign exchange markets and will update right up until you confirm the transfer, so you can secure a rate you are comfortable with.
The majority of our money transfers are completed on the same day. Occasionally certain factors can affect the transfer completion date. We'll keep you updated by email throughout the process.
You can make wire payments to the Philippines on our website or mobile app. Once you've booked your transfer, you can make payment to us by bank transfer or debit/credit card.
The amount you can transfer with XE is unlimited. You can transfer up to $500,000 USD online (or currency equivalent). For larger amounts, you can contact our currency experts and they can guide you through the transfer process over the phone.
In recent years, the Philippines has consistently ranked in the top 5 as one of the countries receiving the most in remittances.
In 2019, the Philippines received US$35.1B billion in remittance.
USD-PHP is the most common Philippine peso conversion on the Xe Currency Converter.
In the 1960s, the peso changed its name from the English ‘peso’ to Filipino ‘piso’.
Pesos can be further divided into sentimo, with 100 sentimo equalling 1 peso.
Banknotes come in denominations of 20, 50, 100, 200, 500 and 1,000 pesos.
Find out the latest mid-market exchange rates from the world's trusted currency authority, plus historical data, charts, relevant news and more. To get a real-time money transfer quote, you'll need to create a money transfer account.
Service and funds availability may vary based on a variety of factors, including (without limitation): the service(s) selected, delivery options selected, amount sent, destination country, currency availability, regulatory matters, consumer protection matters, identification requirements, delivery restrictions, agent location hours, differences in time zones and/or any other factors that are outside of our reasonable control.
XE Money Transfer is a service provided by HiFX Limited. HiFX Limited is a Registered Financial Service Provider under the Financial Services Providers (Registration and Dispute Resolution) Act 2008 - FSO Number FSP94961, and is also a member of an independent dispute resolution scheme operated by Financial Services Complaints Limited 'FSCL' who are approved by the Ministry of Consumer Affairs. HiFX Ltd has an Australian Financial Services Licence 'AFSL' and is regulated by Australian Securities and Investments Commission 'ASIC' (AFSL No. 240914). HiFX Limited complies with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. HiFX Ltd is a limited company registered in New Zealand, NBNZ no. 9429036979363. Registered office Level 4, NZ Invest House, 32 Mahuhu Crescent, Auckland, 1010, New Zealand.