Transfer Money to Philippines

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GBP

Comparing 1 provider

Sorted by highest amount received

Real exchange rate 1 GBP = 79.4588 PHP 30-day trend · Data from Xignite.com
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Best options for your transfer
Excellent Best Deal
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 78.9026
Recipient gets
₱ 1,578,052 PHP
+₱20,660 more vs the typical bank
Go to Moneycorp ›
We get fees, exchange rates, and other details from money transfer providers, usually in real time. We try to keep this information accurate, but we can't guarantee it's always correct.

Questions you may have

Do I pay anything extra?
No. We may earn a commission, but you never pay more.
Is my money safe?
We only list regulated, licensed providers.
Why do rates change?
Exchange rates move constantly. We update results in real time.
What happens after I click?
You'll be redirected to the provider to complete your transfer securely.

Why Millions Use Us Before Sending Money

Regulated partners only

Real-time exchange data

Independent comparison

Best provider Moneycorp
Recipient gets ₱ 1,578,052 PHP
Go to Moneycorp
Secure · No hidden fees

About Money Transfers to Philippines

Whatever your reason for transferring money to the Philippines, we list the most comprehensive range of options. Our mission is to provide you with the help, advice and options to ensure that the service we supply to you is second to none. Our goal is to put your mind at ease as we aim to save you a substantial percentage of money using only companies regulated by the FCA.

Whether you are transferring money to relatives in Quezon City or sending a large amount to Manila, whatever the occasion, sending money to the Philippines has never been easier, more reliable and above all cheaper.

Last updated: May 08, 2014 Our methodology

Quick Facts: Philippines

Key information for sending money to Philippines

Transfer Speed
2 working days
Local Currency
PHP
Income Tax Rate
20-32%
Avg. Property Price/m²
72,657.36 PHP
Avg. Monthly Rent (3 bed)
21,184.92 PHP
IBAN Required
No

Money Saving Tips for Philippines

Expert advice for your international transfer

Make sure you apply for the ACR-I card at the Philippines Embassy which will allow and make it easy for you to open a bank account.

If you are planning to immigrate to the Philippines, make sure that your passport is valid for at least another 6 months.

Every foreign national who plans on working in the Philippines needs to report to the Philippine Department of Labor & Employment (DOLE) for an Alien Employment Permit (AEP).

Shorter contracts than 12 months are not common. If you are living in the Philippines for only a few months, think about renting a serviced apartment.

What You Need to Send Money to Philippines

Checklist of recipient bank details required

Routing Number e.g.
Bank routing number
SWIFT/BIC Code e.g. BANKPHXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Philippines

Banco de Oro Metrobank Equitable-PCI Bank Landbank of the Philippines Philippine National Bank Rizal Commercial Banking Corp

"When sending money to Philippines, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Philippines

What is the cheapest way to send money to Philippines?

The cheapest way to send money to Philippines depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Philippines?

Most transfers to Philippines are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Philippines?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Philippines?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Philippines

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.