Question 1

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

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 USA 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 United States Dollar 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 USD 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 USA. 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 exchange rate for sending money from USA to Philippines?

Accepted Answer

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your USD to Philippine Peso money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from USA to Philippines. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for USD to PHP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

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

Accepted Answer

When you want to send money to Philippines from USA, you obviously want the cheapest possible option to maximize the money your recipient gets in Philippine Peso. 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 USD to PHP 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 USA to Philippines. 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 USA to Philippines 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 Philippine Peso overseas.

Question 4

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

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 USD to PHP 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 USA to Philippines 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 Philippines from USA. They do this by letting you fund your transaction through your local bank account in USA, and by allowing you to choose the payout to be your recipient's bank account in Philippines. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

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

Accepted Answer

It could be a stressful experience if you need to rush money quickly from USA 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 USD 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 USA to Philippines money transfers.

Question 6

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

Accepted Answer

Comparing money transfer companies for sending money to Philippines from USA can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Philippines. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your United States Dollar to Philippine Peso transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Philippine Peso yield on every United States Dollar that you send.

Question 7

Step by step guide to send money to Philippines from USA

Accepted Answer

Follow the below easy steps to send money to Philippines from USA.

If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
Add your payment method - this is how you pay for your transfer. Generally, you would want to use your USA bank account to fund your transaction.
Add your recipient - provide details about who will receive the funds (can also be your own account in Philippines).
Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
Add the transfer amount and start the transaction.

The provider will then work on your USD to PHP remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.

1 USD	58.63 PHP
5 USD	293.14 PHP
10 USD	586.28 PHP
25 USD	1,465.70 PHP
50 USD	2,931.40 PHP
100 USD	5,862.80 PHP
150 USD	8,794.20 PHP
200 USD	11,725.60 PHP
250 USD	14,657.00 PHP
300 USD	17,588.40 PHP
400 USD	23,451.20 PHP
500 USD	29,314.00 PHP
600 USD	35,176.80 PHP
700 USD	41,039.60 PHP
800 USD	46,902.40 PHP
1,000 USD	58,628.00 PHP
1,500 USD	87,942.00 PHP
2,000 USD	117,256.00 PHP
2,500 USD	146,570.00 PHP
3,000 USD	175,884.00 PHP
4,000 USD	234,512.00 PHP
5,000 USD	293,140.00 PHP
10,000 USD	586,280.00 PHP
15,000 USD	879,420.00 PHP
20,000 USD	1,172,560.00 PHP
30,000 USD	1,758,840.00 PHP
40,000 USD	2,345,120.00 PHP
50,000 USD	2,931,400.00 PHP
100,000 USD	5,862,800.00 PHP

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

Found 22 Remittance Service Providers

All you need to know about US Dollar to Philippine Peso money transfers

Latest USD to PHP Conversion Rates

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

How to get the best exchange rate for sending money from USA to Philippines?

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

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

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

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

Step by step guide to send money to Philippines from USA

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