Question 1

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

Accepted Answer

It can be very confusing when sending money from Philippines to Sri Lanka given so many choices. Additionally, Philippine Peso to LKR exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Philippines to Sri Lanka as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Sri Lanka from Philippines. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Philippine Peso to Sri Lankan Rupee remittances.

Question 2

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

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 Sri Lanka from Philippines.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your PHP to Sri Lankan Rupee 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 PHP to LKR 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 for transferring money to Sri Lanka from Philippines?

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Sri Lanka from Philippines. 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 Sri Lanka using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Sri Lankan Rupee foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best PHP to Sri Lanka 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 Sri Lanka from Philippines.

Question 4

Should I use my bank to send money from Philippines to Sri Lanka?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Philippines to Sri Lanka. 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 PHP to LKR 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 Philippines bank for your Sri Lanka 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

How to send money to Sri Lanka from Philippines fast?

Accepted Answer

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Philippines to Sri Lanka. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert PHP to LKR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Philippine Peso amount reaching Sri Lanka. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Sri Lankan Rupee quickly to Sri Lanka, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.

Question 6

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

Accepted Answer

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Philippines to Sri Lanka, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Philippine Peso to Sri Lankan Rupee exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your LKR money transfers to Sri Lanka. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Sri Lanka getting more money for every Philippine Peso you send.

Question 7

Step by step guide to transfer money to Sri Lanka from Philippines

Accepted Answer

There are many important aspects of Philippines to Sri Lanka 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 LKR 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 Sri Lanka to validate that they get the money once the transaction clears.

1 PHP	5.19 LKR
5 PHP	25.94 LKR
10 PHP	51.89 LKR
25 PHP	129.72 LKR
50 PHP	259.45 LKR
100 PHP	518.89 LKR
150 PHP	778.34 LKR
200 PHP	1,037.78 LKR
250 PHP	1,297.23 LKR
300 PHP	1,556.67 LKR
400 PHP	2,075.56 LKR
500 PHP	2,594.45 LKR
600 PHP	3,113.34 LKR
700 PHP	3,632.23 LKR
800 PHP	4,151.12 LKR
1000 PHP	5,188.90 LKR
1500 PHP	7,783.35 LKR
2000 PHP	10,377.80 LKR
2500 PHP	12,972.25 LKR
3000 PHP	15,566.70 LKR
4000 PHP	20,755.60 LKR
5000 PHP	25,944.50 LKR
10000 PHP	51,889.00 LKR
15000 PHP	77,833.50 LKR
20000 PHP	103,778.00 LKR
30000 PHP	155,667.00 LKR
40000 PHP	207,556.00 LKR
50000 PHP	259,445.00 LKR
100000 PHP	518,890.00 LKR

Compare today's PHP to LKR (Philippine Peso to Sri Lankan Rupee) exchange rates

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