Send money from United States to Philippines(USD → PHP)

Based on our latest comparison data, Remitly and Wise consistently deliver the most Philippine pesos per dollar on this corridor. Wise uses the real mid-market exchange rate with a transparent fee of around 0.5%–0.8%, making it one of the cheapest options for larger transfers. Remitly offers competitive rates with express delivery and frequently runs promotional zero-fee first transfers that can save $3–$5 on initial sends. For a $1,000 transfer, the difference between the best and worst providers can exceed PHP 1,500–2,500 — equivalent to several days of wages in the Philippines. WorldRemit and TapTap Send also offer competitive rates on this corridor. Competition is fierce because the US-to-Philippines route is one of the world's largest remittance corridors, which benefits senders through lower costs and more delivery options.

Yes, several major providers support direct transfers to GCash wallets in the Philippines. Remitly and WorldRemit both offer GCash as a delivery option, with funds typically arriving within minutes of sending. GCash is the Philippines' most popular mobile wallet with over 90 million registered users, making it one of the most convenient ways to receive money from abroad. Recipients can use GCash funds immediately for purchases at millions of merchants, bill payments, bank transfers, or cash withdrawals at GCash partner outlets across the country. To receive via GCash, your recipient needs an active GCash account linked to their Philippine mobile number — you simply enter their mobile number when creating the transfer. This delivery method is especially convenient for younger recipients who may prefer digital payments over traditional bank deposits or cash pickup.

Transfer speed depends on the delivery method you choose. Express transfers to major Philippine banks (BDO, BPI, Metrobank, Landbank) via Remitly or WorldRemit can arrive within minutes to a few hours using the InstaPay or PESONet domestic payment systems. GCash and PayMaya mobile wallet transfers are also near-instant — typically arriving within minutes. Cash pickup at Cebuana Lhuillier, M Lhuillier, and other pawnshop networks is available within minutes of sending, with thousands of outlets across the Philippines including in rural areas. Standard bank deposits take 1–2 business days. Traditional bank wire transfers from US banks are the slowest option at 3–5 business days. Funding your transfer with a debit card rather than ACH bank transfer can reduce the overall timeline by 1–3 days.

Transfer limits vary by provider. Most specialist services allow $2,500–$25,000 per single transaction, with higher limits available after completing full identity verification. Wise allows transfers up to $1,000,000 for fully verified accounts. OFX and XE have no upper limit and specialise in large transfers. On the receiving side, the Philippines' Bangko Sentral ng Pilipinas (BSP) does not restrict incoming remittances from abroad — the Philippine government actively encourages formal remittance channels. However, Philippine banks may request additional documentation from recipients for individual deposits exceeding PHP 500,000, as part of the country's anti-money-laundering requirements. Under US regulations, transfers over $10,000 trigger a Currency Transaction Report filing by the financial institution. For very large transfers, providers like OFX offer better exchange rates and dedicated support.