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We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.
Our comparison engine found 12 money transfer providers to send money to the Philippines from Australia.
If the recipient of the transfer wants to receive Philippine pesos in a bank account in the Philippines, then the cheapest provider at the moment is Remitly, with no transfer fees and a competitive AUD-PHP conversion rate (their current exchange rate is 1 AUD = 39.6 PHP).
Adding the fees and exchange rate margin, the total cost with Remitly is -10.4 AUD, compared to that, the total cost of your transfer would be 54.43 AUD (roughly -5x more expensive) if you were to use Commonwealth Bank for the very same transaction.
The recipient of your transfer doesn't have a bank account? We currently compare 5 money transfer companies able to send Philippine pesos in cash in the Philippines: Remitly currently offers the best deal you can get with zero transfer fees and a very competitive AUD-PHP conversion rate (their current rate is 1 AUD = 39.6 PHP).
Adding the fees and exchange rate margin, the total cost for a cash transfer with Remitly is -10.4 AUD, but the total cost of your transfer would be 7.84 AUD if you chose to use WorldRemit for the very same transfer with cash pick-up as the pay-out option.
This recommendation was updated a few minutes ago.
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The best way to send money from Australia to the Philippines varies depending on lots of factors - the amount of the transfer, transfer speed, and pick-up options. The most convenient way to find the best transfer abroad is to compare all your options on Monito.
With Monito you will find out all the fees, hidden conversion costs, and percentage fees that money transfer operators charge for your money transfers from Australia to the Philippines.
You beneficiary in Philippines can receive the money in plenty of ways, i.a.:
- money transfer to a bank account in the Philippine
- cash pick-up at agent's location
- home delivery in cash
Our recommendation: always compare all your options before sending money from Australia to the Philippines. Using your bank might be an obvious choice for an international money transfer to Philippines. Although it might be a convenient option, the fees are among the highest, and exchange rates are among the poorest.
Use Monito comparison engine to find the cheapest option for your next transfer from Australia to Philippines. Enter a few details about your transfer and you’ll see exactly how much you can transfer, and how much you can save
The whole process of sending money with an online money provider is easy, and you can make it in just a few steps:
Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Monito is not a money transfer company. We’re here to help you find the best way to send money to the Philippines.
To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.