Best Ways to Transfer Money to Philippines from the USA
Money transferring needs to be easy and simple and that is the exact reason why we have come up with the best ways to send money from the USA to the Philippines. With dozens of money transfer operators functional, it is only wise to do the research to get the lowest USD to PHP rates. We have already done that for you and in this article, we will provide you with the best services available for remittance to the Philippines. Many people living in the US want to transfer money to the Philippines and are not sure how to do it and which service to choose. This article will clear all your doubts on choosing the best platform for remittance to the Philippines. There was due diligence from our side in making this article informative and crisp. Continue reading and be ready to transfer money to the Philippines with the best USD to PHP rates.
The Best Ways to Send Money to Philippines
Factors like the cost of the transfer, the speed, the amount the receiver will get, the safety, etc need to be considered to compare remittance of the services. The below list of services has been prepared based on these criteria and will help you to decide the best service.
Small amount of Money Transfer (<$200)
Medium amount of Money Transfer (<$1000)
Large amount of Money Transfer (>$1000)
Best User Experience: Wise
Remitly
Remitly is the fastest for small and large transfers of funds from the USA to the Philippines but with not so great Dollar to Peso rates. Remitly is safe, secure, and reliable. It is a well-known service that over the years has served millions of customers. They take pride as the world's most customer-focused remittance company. Many leading companies have invested in Remitly including Google, Amazon, Capital One Bank, etc. The rates of transfer are pretty low and they do have a customer support service that is available 24/7 to answer all your queries and to assist you. You can use your bank details, credit card, or debit card to remit money from the USA to the Philippines. If you transfer an amount above $1000, there is no fee charged. This is convenient if you need to transfer large amounts. All amounts below $1000 will have a transfer fee of $3.99. They have apps on both the play store and in the app store. You can send money through your mobile phone at your own time and convenience. The company was established in 2011 and since then has grown huge by providing exceptional services. They will provide you with email and text updates regarding the status of your transfer. Use Remitly and send money to the Philippines easily and conveniently.
Small World
If you are planning for a cash pickup, then Small World is the best choice. The service is both speedy and cheap. They have their service in over 90 countries and 250000 pickup locations. They even have a home delivery system where the money will be sent directly to your home address. The service is secure, fast, and trusted with over 15 million customers worldwide and 1 million transactions a month. They have their apps in the play store and in-app store. The customer service is awesome with quick and prompt responses to assist you. The convenience is that you can send money through your phone wherever you are. You can track your order in real-time by logging into your account anytime. Your first transaction is free of cost and after that, you will have to pay a very small fee for each transaction. Dollar to Rupee transactions is now so easy with Small World. If you are not comfortable with a bank transfer and want a cash pickup instead Small World is the one you should be using.
World Remit
WorldRemit is the fastest for cash pickup. If you are planning to send money as a cash pickup from the USA to the Philippines and want the best Dollar to Peso rates with a faster service, then WorldRemit is the best option. They do have both Android and iPhone apps and you can send money from your smartphone in no time at your convenience. The service is fast, secure, and reliable. They operate in more than 130 countries and have a huge customer base who trust the service to send money. The whole process of sending money is simple. All you need to do is to sign up for the service, enter your details, enter the recipient’s details, enter the amount you want to send, and click send. The exchange rate is very low with no hidden costs. The service is very transparent and you can track your transfers in real-time using your phone whether you are traveling or at home. The company has received awesome reviews from the customers and it is a testimony to the quality of the service the company provides. The service will update you via email and text about the transfer. Sending money to the Philippines is more than easy now with WorldRemit.
Xoom
Xoom is a PayPal service. It has been around for some time now and people are using it to send money from the USA to the Philippines and it has a better USD to PHP rates than most competitors. The service is based in San Francisco and is a very convenient platform to send money to the Philippines. They do have apps both on the play store and on the app store. You can send money through your smartphone from wherever you are. Xoom allows one to send money to over 60 countries and the service has been live since 2001. When the transfer through smartphones became available Xoom was quick enough to act and make the facility available to the public. You can use your US bank account, credit card, or debit card to transfer money to the Philippines. The limit of the transaction is $10,000 at one time. If you are transferring up to $10000, the transfer fee is $4.99. The fee will be higher when paying with a debit or credit card. The service will notify you about the transaction through email and text. Customers have been loving the service and the reviews they have received are a great testimony to this.
Western Union
Western Union is one of the most renowned remittance services out there and if you want to send money from the USA to the Philippines with amazing USD to PHP rates, then it may be one of the best options. The whole process is quite simple. It takes only four steps to send money to the Philippines. The first step is to log in to the service, the second step is to start the transfer, the third step is to enter the recipient’s details, and the fourth step is to pay and click send. You are done. It will not get easier than this. Gone are the days when you need to think twice regarding the different steps and complexities associated with sending money online. Now everything has become super convenient and easy. There were over 268 million transfers done by customers last year alone. It shows the trust people have in the service. The service has a presence in more than 200+ countries and is operating for more than 145 years now. Every second about 31 transactions are happening through Western Union. The customer range is about 150 million. You can send your money with confidence from the USA to the Philippines (Dollar to Peso) with Western Union.
Wise
Most of the people would have known this company like TransferWise. Now the company is known as Wise and is one of the most popular remittance service providers in the world and the online industry. If you are looking for the best customer experience and feel, then Wise is the option to go with. It is very easy to use Wise for sending money from the USA to the Philippines (USD to PHP). All you need to do is to sign up to Wise, create your profile, enter the details of the recipient and click send. With Wise, you can send money only as a bank transfer. There is no cash pickup facility available with Wise. If you know the person's bank account details in the Philippines you can send money. The service has over 10 million customers worldwide and is a well-known one. They have a great support team available to answer all the queries of the users. They have 14 offices around the world. The Trustpilot score of the company is 4.6 which is a clear indication of how the people love it and trust the service. Start using Wise for sending money to the Philippines conveniently.
Methodology
For this article, many remittance services have been studied and evaluated and the best ones that are easy to use, with low transfer rates, fastest service, customer reviews, convenience, etc have been selected. You can be confident enough to use the above services as they are thoroughly cross-checked and made sure that they are useful. Sending money from the USA to the Philippines with the most economical USD to PHP rates is easy now. The process will only take you minutes and you can be hundred percent sure that the money arrives safely at the destination.
Remittance services studied: Xoom, WorldRemit, Xe, PayPal, Wise, Remitly, Western Union, Instarem, Skrill, World First, Transfast, Ria, Azimo, Lucky Money, Placid Express, OFX, MoneyGram, Indus Fast Remit, Small World.
You are free to use any of the listed service providers to transfer money to the Philippines. It all depends on your interest and convenience. All the listed ones have their advantages and after reading the article you will have a good idea of which one to choose. You can also look up RemitLow to compare remit rates and transfer time for sending money from the USA to the Philippines. All the above-listed services are both desktop and mobile-friendly. You can send money with a smartphone from the comfort of your home.