Question 1

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

Accepted Answer

With the global remittance market booming, there are so many choices for Philippine Peso to USD 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 USA 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 USD 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 remit rate for transferring money from Philippines to USA?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to USA from Philippines. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your PHP to United States Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Philippines to USA corridor to give you more good choices for your next USD money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

What's the cheapest way for transferring money to USA from Philippines?

Accepted Answer

The final amount your recipient gets when you send PHP to USD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Philippines to USA used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send United States Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Philippine Peso to USA exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.

Question 4

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

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 USD 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 USA 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 USA 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 USA. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

What is the fastest way to transfer money from Philippines to USA?

Accepted Answer

The first thing to do when you need to convert PHP to USD quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Philippine Peso and United States Dollar. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Philippines to USA remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to USA.

Question 6

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

Accepted Answer

The first step in selecting the best money transfer operators for Philippines to USA remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Philippine Peso to United States Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to USA.

Question 7

Step by step guide to send money from Philippines to USA

Accepted Answer

With so many possible ways to transfer Philippine Peso to United States Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Philippines to USA remittance transaction, you can follow the below step by step procedure.

Create an account at your chosen operator.
You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
Add bank accounts for both the sender in Philippines and the receiver in USA. Using bank deposits can be the cheapest option to send money.
Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
At this point, you are pretty much done, and the operator will take it on from here.
Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your PHP to United States Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 PHP	0.02 USD
5 PHP	0.09 USD
10 PHP	0.17 USD
25 PHP	0.43 USD
50 PHP	0.86 USD
100 PHP	1.71 USD
150 PHP	2.57 USD
200 PHP	3.42 USD
250 PHP	4.28 USD
300 PHP	5.13 USD
400 PHP	6.84 USD
500 PHP	8.55 USD
600 PHP	10.26 USD
700 PHP	11.97 USD
800 PHP	13.68 USD
1000 PHP	17.10 USD
1500 PHP	25.65 USD
2000 PHP	34.20 USD
2500 PHP	42.75 USD
3000 PHP	51.30 USD
4000 PHP	68.40 USD
5000 PHP	85.50 USD
10000 PHP	171.00 USD
15000 PHP	256.50 USD
20000 PHP	342.00 USD
30000 PHP	513.00 USD
40000 PHP	684.00 USD
50000 PHP	855.00 USD
100000 PHP	1,710.00 USD

Compare today's PHP to USD (Philippine Peso to US Dollar) exchange rates

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