Question 1

What's the best way to do Philippines to India money transfers?

Accepted Answer

With the global remittance market booming, there are so many choices for Philippine Peso to INR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to India from Philippines. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final INR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

How to get the best exchange rate for your money transfers from Philippines to India?

Accepted Answer

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to India.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Philippines to India transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your PHP to Indian Rupee money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.

Question 3

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

Accepted Answer

When you want to send money to India from Philippines, you obviously want the cheapest possible option to maximize the money your recipient gets in Indian Rupee. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your PHP to INR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Philippines to India. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Philippines to India exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Indian Rupee overseas.

Question 4

Should I use my bank to send money from Philippines to India?

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low PHP to INR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Philippines to India money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to India from Philippines. They do this by letting you fund your transaction through your local bank account in Philippines, and by allowing you to choose the payout to be your recipient's bank account in India. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

How to send money from Philippines to India fast?

Accepted Answer

The speed of your Philippine Peso to Indian Rupee funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert PHP to INR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to India from Philippines is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in India if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout INR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Philippines bank to India bank transfer.

Question 6

Which are the best money transfer companies to send money to India from Philippines?

Accepted Answer

Since the Philippine Peso to Indian Rupee money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Philippines that may also be able to send money to India. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your PHP to INR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in India gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Philippines to India transaction.

Question 7

Step by step guide to send money to India from Philippines

Accepted Answer

There are many important aspects of Philippines to India remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Philippines bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include INR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Philippine Peso amount you want to send from Philippines.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in India to validate that they get the money once the transaction clears.

1 PHP	1.57 INR
5 PHP	7.83 INR
10 PHP	15.66 INR
25 PHP	39.15 INR
50 PHP	78.31 INR
100 PHP	156.61 INR
150 PHP	234.92 INR
200 PHP	313.22 INR
250 PHP	391.53 INR
300 PHP	469.83 INR
400 PHP	626.44 INR
500 PHP	783.05 INR
600 PHP	939.66 INR
700 PHP	1,096.27 INR
800 PHP	1,252.88 INR
1000 PHP	1,566.10 INR
1500 PHP	2,349.15 INR
2000 PHP	3,132.20 INR
2500 PHP	3,915.25 INR
3000 PHP	4,698.30 INR
4000 PHP	6,264.40 INR
5000 PHP	7,830.50 INR
10000 PHP	15,661.00 INR
15000 PHP	23,491.50 INR
20000 PHP	31,322.00 INR
30000 PHP	46,983.00 INR
40000 PHP	62,644.00 INR
50000 PHP	78,305.00 INR
100000 PHP	156,610.00 INR

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