Remittance corridor · World Bank RPW · 2025Q3
New Zealand → Philippines
Provider panel is high-tercile (11 RPW providers) on New Zealand → Philippines - denser competition than the bulk of the corridor book.
- 4.0%
- Average cost
- 0.3%
- Cheapest · WorldRemit
- 11
- Providers tracked
How the 4.0% average cost breaks down
World Bank RPW splits total remittance cost into the provider's transaction fee and the exchange-rate margin applied to the transfer. Same 2025Q3 figures as the detail table below.
Provider-panel tercile vs fleet
RPW lists 11 providers on this corridor - above the fleet panel tercile (~9). Average cost is 4.0%.
- #101 of 348
- cheapest-cost corpus rank
- 4.0%
- average cost of a $200 transfer
- -3.2pp
- vs the 7.3% average of 348 corridors
- +1.0pp
- gap to the UN 3% target
Compared against the 348 corridors in the 2025Q3 release, not a generic headline figure.
Based on average cost, delivery speed, FX margin, provider competition, and cost trend from World Bank Remittance Prices Worldwide data, benchmarked against all 348 tracked corridors - not a quote or a prediction of what you will pay.
What changed
World Bank RPW release record: 2025Q1 to 2025Q3
- Average transfer cost changed from 4.74% to 4.05% (-0.70 percentage points).
- Lowest observed transfer cost changed from 1.13% to 0.34% (-0.79 percentage points).
Subscribe to this corridor's cost changes (RSS) — one item per World Bank RPW release, no account or email required.
Where this corridor sits by provider panel size
New Zealand → Philippines has 11 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.
New Zealand → Philippines vs all corridors by provider count
Where this corridor's RPW provider panel sits among every tracked route
11 74th of 377 higher than 303 of 377 corridors
Corridors, banded by RPW provider inventory
Each bar is a band; taller bars hold more corridors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source World Bank Remittance Prices Worldwide · 2026-08-10
How New Zealand → Philippines compares
Average cost of a $200 transfer, percent, lower is cheaper
4.05% average - 1.0pp above target
Cost trend: New Zealand → Philippines
Average and cheapest cost of a $200 transfer over time, percent
Sending Country
Receiving Country
Nearby Corridors from New Zealand
New Zealand is one of the most connected sending markets in our data, with 11 tracked outbound corridors. The 8 below span the widest cost range, from the cheapest to send anywhere from New Zealand through to the most expensive.
World Bank RPW fee spread
Release 2025Q3 NZ→PH
4.0% avg · 0.3% floor · 3.71pp spread on $200
- AVG 4.0%
- CHEAP 0.3%
- SPREAD 3.71pp
- SDG +1.1pp
- RANK #101 of 348
- REL 2025Q3
- PANEL 11
Cross-sender cost peers
Fee spread manifest for New Zealand → Philippines: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →
Dense provider panel on New Zealand → Philippines
RPW records 11 providers on New Zealand → Philippines - above the fleet panel tercile (~9). Average cost is 4.05% on $200 sends.
That cheapest figure comes from the World Bank's mystery-shopping survey: trained researchers pose as customers and obtain real quotes for a standardized $200 transfer, across the 11 banks, money transfer operators, post offices and mobile-money providers RPW tracks on this corridor. It is a snapshot from that survey quarter, not a live guarantee -- confirm the current rate directly with the provider before sending.
Costs here have eased 0.70 percentage points over the tracked period, a real if modest gain for senders as competition increased. It sits 1.0 pp above the UN SDG 10.c 3% target.
New Zealand → Philippines Long-Track Cost Profile
This is a high-depth World Bank RPW corridor (51 quarterly average-cost readings) - enough history to measure how concentrated the cost path has been, not just the latest quarter. Peak average cost on record was 8.9% in 2015Q1; the trough was 4.0% in 2025Q3. That 4.86pp peak-to-trough span is the multi-year envelope thin-history corridors cannot show.
Across the full 51-quarter panel, 0 readings (0.0% share) landed at or under the UN SDG 3% target. Population standard deviation of the average-cost series is 1.110pp - a wide swing band that rewards checking the current quarter. From 2024Q2 to 2025Q3, the average cost fell 1.48pp (5.5% → 4.0%).
Among the 11 outbound corridors tracked from New Zealand, 1 currently post a lower average cost than this route and 10 post a higher one (this corridor sits at 4.0%). That peer-rank read is only honest once the sender book is deep enough - sparse zero-history routes skip it because sibling counts alone do not make a long RPW track record.
About New Zealand → Philippines data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This corridor's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer.
Average 4.05%; cheapest observed 0.34% via WorldRemit; 11 providers tracked across 51 RPW quarters; vintage 2026-08-10.
Frequently Asked Questions
How much does it cost to send money from New Zealand to Philippines?
Average 4.05% of the transfer amount (World Bank RPW, 2025Q3) - lower fleet tercile (below ~4.3%). Cheapest observed: 0.34% via WorldRemit.
What is the cheapest way to send money from New Zealand to Philippines?
Lowest RPW survey quote: 0.34% (WorldRemit). Panel is high-tercile with 11 providers tracked.
Is the New Zealand to Philippines corridor meeting the UN SDG cost target?
Not yet: 4.0% is 1.0pp above the UN SDG 10.c 3% target.
Where does New Zealand → Philippines sit among tracked remittance corridors?
According to World Bank Remittance Prices Worldwide average cost among 348 tracked corridors on PlainRemit, New Zealand → Philippines ranks #101 of 348 (cheapest = #1). Ordinal uses latest_avg_cost ASC matching /rankings/cheapest. See /methodology#corpus-placement.
Read our methodology - how this data is sourced, computed, and verified.