TransferWise Reviews
Money Transfer Companies from USA to Philippines
Before sending money to Philippines, there are couple of things you have to keep in mind like what is the cheapest way ? Depending on your sending amount, what is the fastest money transfer service because time can mean everything. What are the transfer methods available ? Is your final option is the best option for sending money ?
For the all above questions, you can see and compare all popular money transfer services for sending money from USA to Philippines on this page.
1. WorldRemit
Necessary money transfer information while send money to Philippines using Worldremit -
| Transfer Type | Online |
| Pay-In Methods | Credit Card Debit Card |
| Pay-Out Methods |
Bank Deposit - Transfer to BDO, Metrobank, PNB, and Landbank instantly. All other banks next working day
Cash Pickup - Transfer money to any bank account of: Mlhuillier, Cebuana Lhuillier, Metrobank, LBC, PS Bank and Palawan, Banco de Oro (BDO) and BDO Remit in SM Malls or RD Pawnshops
Mobile Money - Transfer money to any of the following mobile wallets: SMART Mobile Money accounts and Globe Cash Mobile Money accounts
|
| Airtime | Mobile airtime is added instantly to phones on Globe, Sun Cellular, Smart, Cignal-TV, Smartbro, and SmartGold. |
| Fee | Fee vary according to different Pay-Out methods |
| Speed | Instant |
PROS
Fast and simple way of sending money to family
Industry-leading payment security
CONS
Low maximum transfer limit in Mobile Money pay-out method
How to send money to Philippines ?
Select from cash pickup, bank deposit, mobile money or airtime top-up. When you send as cash, your recipient can collect from nearly 8,000 pickup locations.
Choose from a list of people you’ve sent to in the past, or add a new recipient.
Both you and the recipient will get notifications by SMS and email when the money is sent and received.
2. Transferwise
Necessary money transfer information while send money to Philippines using Transferwise -
| Transfer Type | Online |
| Pay-In Methods | Bank |
| Pay-Out Methods | Bank |
| Fee | A fee of 1% of the amount sent |
| Speed | 3-5 days |
| Security |
1. 2-factor authentication
2. Registered with the Financial Crimes Enforcement Network (FinCEN)
3. Standard HTTPS encryption safeguards
|
PROS
Easy process to sign up and initiate a transfer
It’s affordable
Offers better rates than many other providers
High daily transfer limits
CONS
Bank account transfers only
It's a Two-step process, firstly wire money to TransferWise and then deposits the money to recipient’s bank account
Need an SSN(Social Security Number) to send money
How to send money to Philippines ?
1. Send $ to TransferWise with ACH or directly with your online banking.
2. TransferWise always gives you the real and fair mid–market exchange rate.
3. Your recipient gets ₱ directly from TransferWise's local bank account.
3. Ria Money Transfer
Necessary money transfer information while send money to Philippines using Ria Money Transfer -
| Transfer Type | Online |
| Pay-In Methods | Bank Account Credit Card Debit Card |
| Pay-Out Methods | Bank Deposit Home Delivery Cash Pickup |
| Fee | $0 fee when sending with bank account |
| Speed | Instant |
PROS
From Zamboanga City to Davao to Ormoc City (and just about everywhere in between), Ria Money Transfer makes sending money to The Philippines easier
It offers multiple ways of transaction and receiving money
Exchange rates are higher than banks, with lower fees
CONS
Low maximum daily limit
How to send money to Philippines ?
1. Sign up for a free Ria account.
2. Choose how to get the money to your recipient.
3. Add your recipient’s information and select a payment method.
4. Hit send, and your money is on its way.
4. Remitly
Necessary money transfer information while send money to Philippines using Remitly -
| Transfer Type | Online |
| Pay-In Methods | ACH Transfer Credit Card Debit Card |
| Pay-Out Methods | ACH Transfer Cash |
| Fee | FREE when pay with bank $3.99 fee when pay with debit card |
| Speed | 1-2 days |
How can you increase your transfer limit with Remitly?
To access higher transfer limits, log in and visit Remitly’s Manage Limits page. Answer the questions and provide ID and additional banking information. Representatives will review the information you provide and get back to you shortly.
PROS
Send money in minutes
Track your transfer’s progress with updates to your phone
SSL with 256-bit encryption keeps your money safe
CONS
Remitly sends to 10 countries only
Low maximum daily limits
Credit cards transactions and transfers to some countries can be expensive
How to send money to Philippines ?
1. Create an account.
2. Choose your recipient’s country and enter your sending amount.
3. Provide your recipient’s information.
4. Pay with your bank account, credit card or debit card.
5. Confirm your transaction.
6. You will receive text updates on your transaction to your phone.
5. Xoom
Necessary money transfer information while send money to Philippines using Xoom -
| Transfer Type | Online |
| Pay-In Methods | Bank Account Credit Card Debit Card |
| Pay-Out Methods | Bank Deposit Cash Pickup Door to Door Delivery |
| Fee | Free for transfers over $1000 when sending with Bank Account |
| Speed | Instant |
| Security |
1. Offers a money-back guarantee
2. Website relies on 128-bit encryption
3. Works with a number of leading banks
|
PROS
Offers 24/7 customer service
Track your transfers
Money-back guarantee
CONS
Many money transfer providers that service larger international networks than Xoom.
How to send money to Philippines ?
1. Sender can transfer the money using a computer or a mobile device.
2. After filling details, you can choose payment options.
3. Enter your recipient’s details.
4. Track the progress of your transfer.
5. Xoom lets you cancel your transfer if it hasn’t gone through, and cancellations do not attract any fees.
6. Pangea Money Transfer
Necessary money transfer information while send money to Philippines using Pangea Money Transfer -
| Transfer Type | Online |
| Pay-In Methods | Debit Card Cash |
| Pay-Out Methods | Bank |
| Fee | $4.95 when sending with debit card $5.99 when sending with cash |
| Speed | 1-2 days |
PROS
Pangea Money Transfer’s online transfer process is simple and straightforward
Low transfer fees
Pangea Money Transfer’s many agents worldwide
Earn $30 off a future transfer by referring friends
CONS
Limited receiving countries only for sending money.
For individuals only. If you’re a business looking to schedule payments, you’ll need to look at other services.
How to send money to Philippines ?
1. Create a free account with your details.
2. Enter sending amount for your receiver country.
3. Once check final exchange rate and transfer fee.
4. Pay using your payment method.
5. Your recipient will receive a text message with a unique transfer code to use when picking up cash.
7. Worldfirst
Necessary money transfer information while send money to Philippines using Worldfirst -
| Transfer Type | Online |
| Pay-In Methods | Bank Account |
| Pay-Out Methods | Bank Account |
| Speed | 1 day |
PROS
Transparent fee structure
Higher exchange rates than local banks
Easy to use website
CONS
High minimum transfers
No live chat information
Two step process
How to send money to Philippines ?
1. Create a personal account.
2. Complete your personal information.
3. Choose your receiver country and currency.
4. Provide your passport information.
5. Login with your username and password.
6. Answer two security questions
7. Complete all fields regarding your recipient's detail
8. OFX
Necessary money transfer information while send money to Philippines using OFX -
| Transfer Type | Online |
| Pay-In Methods | Online Phone Agent |
| Speed | 1 day |
PROS
Multiple transfer options
No transfer fees
Wide range of currencies
CONS
Deliver funds using bank deposit only
Phone verification for new accounts
How to send money to Philippines ?
1. Gather the banking information including the name of recipient's bank account, the BRSTN, the SWIFT/BIC code.
2. Create a free online account.
3. Login to get a live quote for your money transfer.
4. Enter your details and those of your recipient.
5. Choose ‘finalise transaction’ to process your payment.
9. Hifx
Necessary money transfer information while send money to Philippines using Hifx -
| Transfer Type | Online |
| Pay-In Methods | Bank |
| Speed | 3-5 days |
PROS
Higher exchange rates
Trusted Company
Lower fees
Large transfer allowed
Fast and easy to use
CONS
Bank to bank transfers only
No same currency transfer
How to send money to Philippines ?
1. Sign up.
2. Get a quote.
7. Send.
10. Money2Anywhere
Necessary money transfer information while send money to Philippines using Money2Anywhere -
| Transfer Type | Online |
| Pay-In Methods | Bank Account |
| Pay-Out Methods | Bank Account Cash Pickup |
| Fee | $3 fee when sending with bank transfer |
| Speed | 3-5 days |
PROS
Best exchange rates
Multiple payment options
Safe and secure
CONS
Transfers for certain countries can be expensive
11. Western Union
Necessary money transfer information while send money to Philippines using Western Union -
| Transfer Type | Online At agent locations Mobile apps |
| Pay-In Methods | Bank account Credit/debit card Pay With Cash |
| Pay-Out Methods | Bank Cash |
| Fee | $0.00 fee for online bank account |
| Speed | 3-5 days |
PROS
more than 8,300 locations in the Philippines
Multiple transfer and pick up options
Safe and secure
CONS
Low maximum transfer amount
How to send money to Philippines ?
1. Log in or register online.
2. Choose your sending method.
3. Enter your receiver and payment information.
4. That's it. Now just await confirmation email with the tracking number(MTCN).
12. Placid
Necessary money transfer information while send money to Philippines using Placid -
| Transfer Type | Online |
| Pay-In Methods | ACH Transfer Credit/debit card |
| Pay-Out Methods | Bank Account |
| Fee | $0.00 fee when pay by bank account |
| Speed | 3-5 working days |
Highlights-
Offers high exchange rates
Facility of direct bank deposits and cash pickups
Instant cash pickups available if paid using card
Instant Transfers using Debit Card to major banks such as HDFC, PNB, Axis & more
Gives 24/7 Support & 100% Money Back Guarantee
Real time transfer status tracking
13. Klinnk
Necessary money transfer information while send money to Philippines using klinnk -
| Transfer Type | Online |
| Pay-In Methods | Bank |
| Pay-Out Methods | Bank Cash |
| Fee | FREE on each direct bank transfer to Philippines for sending above USD 1000 |
| Speed | 1-2 working days |
Highlights-
Superior Exchange Rates from USA to Philippines
Offers multiple channels and options to send money to Philippines to suit your needs
Completely online process. No need to go anywhere
Transfer money online to Philippines as much as you want
No hassles for your beneficiaries bank in Philippines
