Question 1

What's the best way to send money to Philippines from Norway?

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Norway to Philippines. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Norwegian Krone to PHP.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send NOK to PHP in Philippines. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Philippines from Norway. We provide you with maximum choices to send money to Philippines by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best rate to transfer money to Philippines from Norway?

Accepted Answer

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Philippines from Norway.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your NOK to Philippine Peso remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for NOK to PHP remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.

Question 3

What's the cheapest way to send money to Philippines from Norway?

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Philippines from Norway. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Philippines using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Philippine Peso foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NOK to Philippines exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Philippines from Norway.

Question 4

How to send money to Philippines from Norway through a bank?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Norway to Philippines. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the NOK to PHP exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Norway bank for your Philippines money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

What is the fastest way to do a money transfer to Philippines from Norway?

Accepted Answer

It could be a stressful experience if you need to rush money quickly from Norway to Philippines. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert NOK to PHP. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Philippine Peso. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Norway to Philippines money transfers.

Question 6

Which are the best money transfer companies to transfer money to Philippines from Norway?

Accepted Answer

Norway to Philippines money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Philippines as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Norwegian Krone to Philippine Peso money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.

Question 7

Step by step guide to do a money transfer from Norway to Philippines

Accepted Answer

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Norway to Philippines, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Norway to Philippines that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
Provide information about the receiver - name, address and a bank account in Philippines where they can receive monies in Philippine Peso.
Then, provide details of your Norway bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
Finally, select the amount you want to transfer, and click Send.
The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your NOK travel to another part of the globe.

1 NOK	6.27 PHP
5 NOK	31.36 PHP
10 NOK	62.73 PHP
25 NOK	156.82 PHP
50 NOK	313.65 PHP
100 NOK	627.29 PHP
150 NOK	940.94 PHP
200 NOK	1,254.58 PHP
250 NOK	1,568.23 PHP
300 NOK	1,881.87 PHP
400 NOK	2,509.16 PHP
500 NOK	3,136.45 PHP
600 NOK	3,763.74 PHP
700 NOK	4,391.03 PHP
800 NOK	5,018.32 PHP
1000 NOK	6,272.90 PHP
1500 NOK	9,409.35 PHP
2000 NOK	12,545.80 PHP
2500 NOK	15,682.25 PHP
3000 NOK	18,818.70 PHP
4000 NOK	25,091.60 PHP
5000 NOK	31,364.50 PHP
10000 NOK	62,729.00 PHP
15000 NOK	94,093.50 PHP
20000 NOK	125,458.00 PHP
30000 NOK	188,187.00 PHP
40000 NOK	250,916.00 PHP
50000 NOK	313,645.00 PHP
100000 NOK	627,290.00 PHP

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