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Monito Score
Recipient gets
16,877 PHP
Compare 3 providers
Sorted by amount received
Monito Score
Recipient gets
17,226 PHP
16,802 PHP
Recipient gets
17,226 PHP
16,802 PHP
Monito Score
Recipient gets
16,877 PHP
Monito Score
Recipient gets
16,825 PHP
16,791 PHP
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.
Monito compares 8 providers available for sending money to the Philippines from Spain.
If your recipient wants to receive Philippine pesos in her bank account in the Philippines, then Remitly is at the moment the most competitive option with zero transfer fees and a competitive EUR-PHP conversion rate (current rate: 1 EUR = 57.42 PHP).
In comparison, you would pay a total cost of 5.45 EUR (around -3x more) if you were to use InstaReM for the very same transfer.
Two other options are worth considering: Wise and CurrencyFair.
Cash is the more convenient option for you? We compare 3 money transfer providers able to send Philippine pesos for cash pick-up in the Philippines: the most competitive provider currently is Remitly, with zero transfer fees and a competitive EUR-PHP exchange rate (current rate: 1 EUR = 57.42 PHP).
Adding the fees and exchange rate margin, the total cost for a cash transfer with Remitly is -1.56 EUR, but you would pay a total cost of 5.45 EUR if you wanted to use InstaReM to make the same transfer to a cash pick-up location.
This recommendation was updated a few minutes ago.
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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.