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Most providers show you their transfer fee upfront. That’s only fair. But some of them sneak a markup into the exchange rate. And that’s not fair.
A markup means you get a bad exchange rate, which means you lose money when you change currencies.
At TransferWise, we never mark up the exchange rate. We just use the exchange rate – independently provided by Reuters. That means fair, low-cost transfers, every time.
TransferWise makes transferring money to Philippines a breeze. Just tap in how much, and where to. Then make a local payment to TransferWise, whether it’s with a bank transfer or your card. And that’s it. TransferWise converts your money at the fairest rate out there - the real rate - so you save big time (even versus the guys saying there’s ‘zero’ commission). On TransferWise, there's no room for sneaky bank surcharges or creeping hidden charges.
Pay in £ with your debit card, or send the money from your online banking.
TransferWise always gives you the real and fair mid-market exchange rate.
Your recipient gets ₱ directly from TransferWise’s Filipino bank account.
TransferWise is built around clever peer-to-peer tech, so you always get the real ‘mid-market’ exchange rate - what you see on Google or XE. For Pound to Philippines Peso, the only fee is a separate 1% with a flat fee of ₱145 (converted into GBP at the mid market rate at the time of transfer) that you can always see before you send.
Everything about TransferWise is streamlined, and creating your first transfer only takes a couple of taps. Transfers from the UK to the Philippines only takes 1-3 working days to get there, and you’ll always get delivery updates throughout. With no minimum deposit and a maximum transfer limit of ₱480,000 we have the perfect solution for your personal and business needs.
TransferWise makes sending money to the Philippines as easy as transferring money to a friend, or buying something online.
Depending on your transfer, you’ll have a multitude of payment options - whether it’s local bank transfer, card payment or direct debit.
Furthermore TransferWise is authorised by the Financial Conduct Authority.
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Transfer your Pounds to Philippines Pesos today with TransferwiseGet started now