Receiving country · World Bank RPW · PH
Send money to Philippines
Corridor breadth is high-tercile (14 inbound sources) - more origin countries quote routes into Philippines than the bulk of the receive panel.
- 4.1%
- Avg inbound cost
- 0.3%
- Cheapest · from New Zealand
- $41.6B
- Received per year
- 14
- Source corridors
Corridor-breadth tercile vs fleet
Philippines is quoted from 14 origin countries, above the fleet breadth tercile (~3 corridors). Average inbound cost is 4.1%.
- #3 of 53
- WDI inflow corpus rank
- 4.1%
- average inbound cost
- 0.3%
- cheapest source: New Zealand
- $41.6B
- received annually
Inbound cost bands to Philippines
14 source corridors counted once by recorded average cost on a $200 send. The four bands sum to 14.
NEAR Near-target 3–5% lane · country average 4.1%
Cheapest Ways to Send Money to Philippines
All Corridors to Philippines
| # | From | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | Qatar | 2.5% | 0.8% | Western Union |
| 2 | Australia | 2.6% | 0.5% | iRemit |
| 3 | Spain | 2.9% | 1.3% | MoneyGram |
| 4 | Kuwait | 2.9% | 2.2% | Western Union |
| 5 | United Arab Emirates | 3.0% | 0.8% | DirectRemit (NBD) |
| 6 | Singapore | 3.2% | 0.8% | InstaReM |
| 7 | United Kingdom | 3.3% | 0.4% | MoneyGram |
| 8 | Canada | 3.6% | 0.6% | Xoom |
| 9 | Saudi Arabia | 3.8% | 2.6% | STC Pay |
| 10 | Malaysia | 3.9% | 1.3% | WorldRemit |
| 11 | New Zealand | 4.0% | 0.3% | WorldRemit |
| 12 | United States | 4.5% | 0.6% | MoneyGram |
| 13 | Italy | 4.6% | 0.7% | WorldRemit |
| 14 | Japan | 12.9% | 2.1% | Wise |
Wide origin set into Philippines
14 origin countries quote routes into Philippines - above the fleet breadth tercile (~3). Average inbound cost is 4.13% on $200 RPW sends.
The three cheapest inbound corridors to Philippines right now are from New Zealand at 0.34% via WorldRemit, United Kingdom at 0.44% via MoneyGram, Australia at 0.48% via iRemit. These are floor prices on a $200 transfer into Philippines, fee plus FX margin.
For senders pointing money toward Philippines, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.
About Philippines inbound 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 country'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. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average inbound cost 4.13%; 14 source corridors tracked to Philippines; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Philippines each year?
Philippines receives about $41.6B a year - upper inflow tercile among WDI-tracked receivers - from 14 RPW source countries at 4.13% average inbound cost.
What is the cheapest way to receive money in Philippines?
On World Bank RPW $200 sends, the cheapest inbound floors into Philippines are from New Zealand, United Kingdom, Australia, as low as 0.34%. Country average inbound cost is 4.13% (lower fleet tercile).
How have remittance costs to Philippines changed over time?
Philippines's current average inbound cost is 4.13%, below the fleet lower tercile (~5.3%) and 2.3 pp under the ~6.4% global RPW average. RPW has tracked this receive market since 2011.
Where does Philippines sit among remittance-receiving countries?
According to World Bank WDI remittance inflows among 53 tracked receiving countries on PlainRemit, Philippines ranks #3 of 53 by annual dollars received. /send-to browses alphabetically; this inflow ordinal matches the largest-receivers research ranking.