Send money from Germany to Philippines at Best Rates

Highest remittance rate for converting 1 EUR to PHP = 59.91

Best way to Send money from Germany to Philippines

If you ever want to send money from Germany to Philippines, never settle for less. There are more than 10 service providers readily available and willing to send your money from Germany to Philippines at a cheaper rate. Getting to know them can be difficult due to contradicting information that the worldwide web has.

Contrary to that, you can never go wrong with Exchange Rate IQ when it comes to sending money to Philippines from Germany.

About EUR and PHP

The only way to save money when sending cash from Germany to Philippines is by comparing banks and money transfer services to get the best deal on rates and fees. It is true that some transfer options may try and be corny in their operations by incorporating hidden fees and all other exorbitant prices just to maximize profits for themselves.

That is why you need a good transfer advisor like Exchange Rate IQ that will spotlight only the most transparent service providers.

Country Guide - Philippines

60.67

Mid Market Rate

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60.67

Mid Market Rate

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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee € 30) € 5000
Receiving Amount
₱ 301360.92
Realized Exchange Rate
59.91
instarem EUR to PHP Exchange Rate
60.636
Best Value

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Transfer Time : 1-2 Days
Instarem is a one of the safest & leading money transfer service provider for sending money from Germany to Philippines for sending amount 5000. Today’s Instarem exchange rate for sending money from EUR to PHP is 60.636 with a € 30 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 59.91. The pay in options available are Bank, also you can receive money using Bank, at multiple Instarem partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Instarem click here
Pay-In
Pay-Out
You Pay (Includes Fee € 49.49) € 5000
Receiving Amount
₱ 300008.3318
Realized Exchange Rate
59.41
transferwise EUR to PHP Exchange Rate
60.6015
0.83% vs Best Value

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Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from Germany to Philippines for sending amount 5000. Today’s Transferwise exchange rate for sending money from EUR to PHP is 60.6015 with a € 49.49 fee. Based on the Exchange Rate IQ calculations it offers 0.83% less than the best value for your money transfer. The realized exchange rate after considering the fees is 59.41. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here

More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
With Xendpay you get the best deal and make a big difference with every transfer
<p>Trusted by millions for every kind of online global payment, Skrill now makes payments simple, secure and quick in nearly 200 countries and 40 currencies.</p>
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying

 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.

4 things to consider before sending money to Philippines from Germany

You have to be careful enough to look at certain factors before settling on one money transfer company to make your remittances for you. These are:

  1. Availability: How close and available are they to your current location? Will they be available when you need them? Do they offer customer assistance at any time you need them or do they have periods during which they are not in operation?
  2. Exchange Rate: You have to ensure that the PHP exchange rate you are offered has a low margin as compared to your EURO. This will help you get the most out of your money.
  3. Speed of transfer: How long does your service provider take before your recipient can get his or her money? If they take a longer time to send your money and you feel it may cause delays to your transfer, then you are not limited to one choice of a company. Find another one here at ERIQ and get to make all your remittances on time.
  4. Convenience: The transfer option you choose should be convenient enough to be reached at any time you want. You may occasionally want to send money regularly. It is therefore important that you choose a transfer option within your reach or that offers easy access to their services at any time you need.

FAQ's

Can I cancel a transfer made to the wrong address?

Yes. You can easily cancel a transfer sent to the wrong address provided you call your service provider to notify them about your unintended transaction. They will follow up and act accordingly. However, there is usually a time limit to which you can do this after you make your transfer so be sure to check on this first.

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Which option is safer, online money transfer services or banks?

We confirm to it that both online money remittance services and banks are safer when it comes to sending your money from Germany to Philippines. Nevertheless, be sure to use trusted service providers like the ones mentioned here at Exchange Rate IQ to avoid any inconveniences.

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What is the most affordable way of sending money from Germany to Philippines?

If you are looking for the cheapest way of sending money from Germany to Philippines then you will want to consider using online cash transfer services. Some are as low as free for making transfer while others will charge you a small fee for an instant transfer. Keep in mind that the cheapest way to send money from Germany to Philippines may not be the fastest option.

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Compare Currency Conversion EUR To PHP

Send Euro Member Countries To PHILIPPINES Receive Peso
1 EUR TO PHP 60.67
50 EUR TO PHP 3033.5
100 EUR TO PHP 6067
250 EUR TO PHP 15167.5
500 EUR TO PHP 30335
1000 EUR TO PHP 60670
5000 EUR TO PHP 303350
10000 EUR TO PHP 606700
Send Peso Receive Euro Member Countries From PHILIPPINES
1 PHP FROM EUR --
50 PHP FROM EUR --
100 PHP FROM EUR --
250 PHP FROM EUR --
500 PHP FROM EUR --
1000 PHP FROM EUR --
5000 PHP FROM EUR --
10000 PHP FROM EUR --

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate EUR to PHP

Company Name Live Exchange Rate
XE Money Transfer ₱ 60.67
Instarem ₱ 60.64
Transferwise ₱ 60.6
USD

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