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Send money from United States to Philippines: Compare USD → PHP rates by provider

Flag of United StatesUSDFlag of PhilippinesPHP|Pricing observed
Top-ranked estimateof 20 providers
Xoom (PayPal) logo

Xoom (PayPal)

Rate 64.1177 · Fee free

You send

$1,000

Estimated receipt

₱64,118

₱3,400 more than the lowest estimate

Send with Xoom (PayPal)

Affiliate link · No extra cost to you

Quick answer: Xoom (PayPal) ranks first of 20 for 1,000 USD → PHP: 64,117.68 PHP estimated. 3,394 PHP separates first from last.

Latest pricing observation: . Quotes are kept per USD→PHP pair, not per country, so confirm the provider sends from United States before you commit. Methodology.

From
To
$

What is the cheapest way to send USD to PHP?

Sending $1,000 from United States to Philippines, ranked by estimated payout.

Source: our collected quotes

1
Xoom (PayPal) logo

Xoom (PayPal)

Minutes to 3 days

Best value

₱64,117.68

recipient gets

Rate 64.1177·Fee Free
Rate up 14.9%
↑ 14.9% over 97dAvg: 58.54 PHP (+10.6% vs avg)
2
InstaReM logo

InstaReM

1-3 business days

₱63,868.22

recipient gets

Rate 63.8682·Fee Free·0.15% markup
↑ 7.2% over 220dAvg: 61.41 PHP (+3.8% vs avg)
3
Revolut logo

Revolut

0-1 days

₱63,619.13

recipient gets

Rate 63.7147·Fee $1.50·0.39% markup
↑ 7.2% over 212dAvg: 61.07 PHP (+4.4% vs avg)
4
Paysend logo

Paysend

2 days

₱63,510.02

recipient gets

Rate 63.5100·Fee Free·0.71% markup
Best rate 87 of 220 days
↑ 6.5% over 214dAvg: 61.30 PHP (+3.7% vs avg)
5
CurrencyFair logo

CurrencyFair

0-6 days

₱63,500.27

recipient gets

Rate 63.5804·Fee $1.26·0.60% markup
↑ 6.8% over 212dAvg: 61.14 PHP (+4.2% vs avg)
6
Wise logo

Wise

24 hours

₱63,486.99

recipient gets

Rate 63.9642·Fee $7.46
↑ 6.9% over 220dAvg: 61.54 PHP (+3.9% vs avg)
7
TapTap Send logo

TapTap Send

Under 3 minutes (95% of transfers)

Effectively tied · rated 4.7

₱63,401.28

recipient gets

Rate 63.4013·Fee Free·0.88% markup
↑ 5.7% over 214dAvg: 61.18 PHP (+3.6% vs avg)
8
Wells Fargo ExpressSend logo

Wells Fargo ExpressSend

1-3 business days

₱63,446.05

recipient gets

Rate 63.4461·Fee Free·0.81% markup
9
MoneyGram logo

MoneyGram

Instant

₱63,382.51

recipient gets

Rate 63.4333·Fee $0.80·0.83% markup
↑ 8.0% over 218dAvg: 61.14 PHP (+4.0% vs avg)
10
WorldRemit logo

WorldRemit

0-3 days

₱63,312.95

recipient gets

Rate 63.3757·Fee $0.99·0.92% markup
↑ 7.4% over 214dAvg: 60.16 PHP (+4.2% vs avg)
11
Sendwave logo

Sendwave

Instant

₱63,006.23

recipient gets

Rate 63.0687·Fee $0.99·1.40% markup
↑ 8.4% over 214dAvg: 60.54 PHP (+4.4% vs avg)
12
LemFi logo

LemFi

Minutes to 1 business day

₱62,935.30

recipient gets

Rate 62.9983·Fee $1.00·1.51% markup
Most stable rate
↑ 2.1% over 160dAvg: 61.63 PHP (+2.2% vs avg)
13
Ria Money Transfer logo

Ria Money Transfer

Minutes to 2 days

₱62,897.76

recipient gets

Rate 63.0175·Fee $1.90·1.48% markup
↑ 7.5% over 214dAvg: 60.96 PHP (+4.5% vs avg)
14
BOSS Money logo

BOSS Money

Instant

₱62,752.11

recipient gets

Rate 62.9088·Fee $2.49·1.65% markup
↑ 5.7% over 214dAvg: 61.04 PHP (+3.3% vs avg)
15
XE Money Transfer logo

XE Money Transfer

0-3 days

₱62,537.76

recipient gets

Rate 62.5378·Fee Free·2.23% markup
↑ 5.4% over 214dAvg: 60.93 PHP (+2.9% vs avg)
16
Western Union logo

Western Union

Minutes to 5 days

₱62,304.79

recipient gets

Rate 62.4290·Fee $1.99·2.40% markup
↑ 7.4% over 214dAvg: 59.74 PHP (+4.5% vs avg)
17
Wells Fargo logo

Wells Fargo

2-5 business days

₱61,923.70

recipient gets

Rate 61.9237·Fee Free·3.19% markup
↑ 6.5% over 216dAvg: 59.61 PHP (+3.9% vs avg)
18
Remitly logo

Remitly

Minutes to 3-5 days

₱61,751.00

recipient gets

Rate 61.7510·Fee Free·3.46% markup
↑ 6.5% over 220dAvg: 59.95 PHP (+3.0% vs avg)
19
OFX logo

OFX

2 days

₱61,405.60

recipient gets

Rate 61.4056·Fee Free·4.00% markup
20
PayPal logo

PayPal

Instant to 3 days

₱60,723.68

recipient gets

Rate 61.0282·Fee $4.99·4.59% markup
4.6% markup
↑ 5.3% over 131dAvg: 59.38 PHP (+2.8% vs avg)
–
Regency FX logo

Regency FX

Same day may be available; confirm your route

Indicative estimate · not ranked

₱63,452.45

recipient gets

Rate 63.4524·Fee Free·0.80% markup

Estimated payout difference: ₱3,394.00 between first and last on $1,000.

By Awais Imran·Pricing collected from provider APIs and comparison sources
Some links earn us a commission, at no cost to you. It never changes the ranking. Editorial policy

USD to PHP is one of the most heavily served corridors in the world and the competition shows up in the pricing, but the decision here is rarely about price alone. The Philippines has an unusually developed wallet ecosystem alongside a large cash-collection network, so the realistic question is how your recipient prefers to receive money — GCash or Maya, a bank account, or cash at a branch or pawnshop counter — and only then which provider prices that method best.

Over the last 91 days the provider that led this corridor most often was InstaReM, which led on 63 of the last 91 days we could compare. That is a measure of who held the best payout across three months of daily observations, not of who is cheapest in the table above right now — the two frequently differ, which is exactly why a single check is a poor basis for a habit. For a one-off transfer use today's figures; for monthly support, the longer record is the better guide.

InstaPay, PESONet and the wallets — plus the US-funding lag

A US sender's delay usually happens before the money reaches the Philippines. On the Philippine side, InstaPay and PESONet behave differently — InstaPay is real-time but capped per transaction, PESONet settles in batches — and GCash and Maya wallets ride InstaPay. On the US side, funding from a bank account via ACH typically needs a day or two to clear before the transfer starts, which is why a debit-card-funded transfer often reaches a GCash wallet first even when it costs a little more. For a larger amount above the InstaPay cap, ask the provider whether it splits the payment or routes it through PESONet, because that decides the arrival day.

Wallet numbers, name matching and the US remittance tax

For a wallet payout you need the recipient's GCash or Maya mobile number and the registered name, which must match — wallets reject mismatches rather than holding them. For a bank deposit you need the account number and the account-holder name as registered. For cash pickup the recipient needs valid photo identification matching the name on the transfer exactly, and it is worth confirming the specific branch or agent before sending, because coverage varies a great deal outside the metros. On tax: since 1 January 2026 a 1% US federal excise tax applies to covered remittance transfers funded with cash, money orders or cashier's cheques, and does not apply to transfers funded from an account or with a US-issued card — so the way you pay changes the total, not just the fee.

Which provider offers the best USD to PHP rate?

Xoom (PayPal)

Xoom (PayPal)

4.6

Exchange rate

64.1177

Fee

Free

Recipient gets

₱64,117.68

Speed

Minutes to 3 days

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