The best way to send money from Germany to Philippines
We have already made it clear that many options that you can use to transfer money to Philippines from Germany. While one someone can be looking for a cheap transfer option, another person can be looking for the fastest way to send money from Germany to Philippines. When doing a comparison between banks and money transfer services, many differences arise based on their rates, cost and transfer speeds. Irrespective of that, both options do provide remittance services from Germany to Philippines.
Banks, for a start have competitive exchange rates. Despite the exchange rates always shifting to either positive or negative depending on the current global and state positions, they always try and present what is fair for their clients. However, they may be more costly when it comes to how they charge for their transfers.
It is at this point that you may want to consider using money transfer options such as online money transfers or In-store service providers to carry out your transfers for you. They are quick, offer affordable rates and most important of all, charge fees fair than most banks do. Examples of such service providers include:
Online money transfer services
In-store service providers
Azimo, Instarem and Remitly are our top 3 choices when it comes to sending money from Germany to Philippines.