Send money from Spain to Philippines

Highest remittance rate for converting 1 EUR to PHP = 60.02

Best way to send money from Spain to Philippines

International money transfer is today a simple process that sending money from Spain to Philippines should be easy. However, it is advisable to do your own research and select the most appropriate way to send money from Spain to Philippines. At Exchange Rate IQ, we help money senders to save time and money during their transfer by providing them with a detailed analysis of the available services and other vital details that will make their transfer seamless.

Many people are stuck between options when it comes to sending money from Spain to Philippines because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.

Country Guide - Philippines

60.91

Mid Market Rate

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60.91

Mid Market Rate

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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee € 6) € 1000
Receiving Amount
₱ 60378.542
Realized Exchange Rate
60.02
instarem EUR to PHP Exchange Rate
60.743
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 Spain to Philippines for sending amount 1000. Today’s Instarem exchange rate for sending money from EUR to PHP is 60.743 with a € 6 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 60.02. 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 € 9.7) € 1000
Receiving Amount
₱ 60129.1344
Realized Exchange Rate
59.55
transferwise EUR to PHP Exchange Rate
60.7181
0.78% 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 Spain to Philippines for sending amount 1000. Today’s Transferwise exchange rate for sending money from EUR to PHP is 60.7181 with a € 9.7 fee. Based on the Exchange Rate IQ calculations it offers 0.78% less than the best value for your money transfer. The realized exchange rate after considering the fees is 59.55. 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
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

EUR to PHP - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from Spain to Philippines after comparison?
  • With our real-time comparison on sending money from Spain to Philippines ,
      we have found Instarem remittance services who are providing competitive exchange rates.
  • Top 1 companies are - ( Instarem, 60.02 ) .
  • To remit money in the bank account of Philippines, best companies is ( Instarem, 60.02 ).
  • Current money transfer offeres/promotions are available with Instarem money transfer services.
  • For quick money transfer from Spain to Philippines with agent service is Instarem with exchange rate 60.02.
  • Available pay in when sending money from Spain to Philippines Bank, Creditcard, Debitcard.
  • Available pay out when sending money from Spain to Philippines Bank.
  • Other options to transfer money from Spain to Philippines are Ria, Westernunion, Xendpay, Skrill, Moneygram .
  • The comparison result was last updated on Mar 28, 2024.
  • For the latest comparison result of Spain to Philippines, Please visit ExchangeRate IQ regularly.

About Spain and Philippines

If we have to look for the reasons as to why anyone can need to send money from Spain to Philippines, then the list is endless. However, the highest number of people that send money from Spain to the Philippines are migrants sending money back home to their loved ones and companies that have outsourced their services from Philippine freelancers. With millions of money being sent to the Philippines from Spain, it is important to understand that the money transfer process can be tricky more so for first-timers.

Cheap way to send money from Spain to Philippines

Although money transfer has many methods especially in the past, it is important to recognize that there are three main cheap ways to send money from Spain to Philippines and they include;

Online cash transfer: As one of the newest international money transfer methods, online cash transfer can be said to be the best solution there is. Generally, online cash transfer is the cheapest way to send money from Spain to Philippines with services like XE Money offering free services. However, it is important to note that using these services can prove to be a big headache especially if you use a cash transfer app or service that is available in Spain and not the Philippines. As stated, online cash transfer can be cheap but you have to understand what the rest of the package entails. For example, you will enjoy a free service with XE Money but you should be ready to wait around three to five days before the transfer is complete. Nevertheless, much faster transactions come at a fee. Some of the top online cash transfer services that you can trust to send money to the Philippines from Spain include; Remitly, CurrencyFair, WorldRemit, Azimo, Ria, and XE Money.

Cash delivery services: these are one of the first money transfer services that ever existed and remains relevant to date. Cash delivery services are known to be one of the fastest ways to send money from Spain to Philippines. In the past, the process required the sender to visit their agent in order to initiate the transfer but technology has changed everything. Today, using services like Western Union or MoneyGram have been simplified by technology. That means, as the sender, you can transfer cash for a pick up straight from your smartphone without having to visit the location of the service provider. This makes cash delivery services to be much easier to work with. Keep in mind that instant cash transfer services are relatively expensive compared to online cash transfer.

Bank transfer: you can easily send money from your bank account in Spain to a bank account in the Philippines. Normally, the transaction takes about three to five days to clear and the charges also depend on the kind of bank that you use. Bank transfers have been around for a long time and thanks to mobile banking, sending money from Spain to Philippines only requires a few minutes with your phone. The best part is that mobile banking has made it possible for money senders to use any of the available money transfer services. That is because you can make payments to a money app or cash delivery service directly from your bank giving you limitless control over your money.

Factors to consider when sending money from Spain to Philippines

Although it seems like a straightforward process, many people have failed in their mission to send money from Spain to Philippines because of the following reasons.

Cost: without knowing how much it will cost you to send money to the Philippines can mean not affording the service or sending less money than expected. Therefore, confirm the cost of service first.

Transfer time: knowing the average duration of your transfer will help you know if the transfer is delayed. This will help you track your money until the end

Service option: you need to make sure that you use an international money transfer service that is available in both Spain and the Philippines. That way you can avoid complications during transfer.

Compare Currency Conversion EUR To PHP

Send Euro Member Countries To PHILIPPINES Receive Peso
1 EUR TO PHP 60.91
50 EUR TO PHP 3045.5
100 EUR TO PHP 6091
250 EUR TO PHP 15227.5
500 EUR TO PHP 30455
1000 EUR TO PHP 60910
5000 EUR TO PHP 304550
10000 EUR TO PHP 609100
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 ₱ 60.91
Instarem ₱ 60.74
Transferwise ₱ 60.72
USD

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