Send money to the Philippines

Whether buying a property, moving abroad or making a business payment, Moneycorp can help

Send money to the Philippines

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You can sign up online or over the phone for either a personal or business account with Moneycorp.

Set up a payment to Philippines

Set up a payment to Philippines

After you’ve added a new recipient or chosen from a list of your existing recipients, you’ll need to specify how much you’d like to transfer to the Philippines.

Set up a payment to Philippines

We'll make your payment

We’ll exchange your pounds to Philippine Pesos (PHP) and ensure that your payment arrives on time.

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Save time and money when you send money to Philippines

2 minute read

Signing up for a Moneycorp account only takes a few minutes. Once you have done this, you can add funds to your account via debit card or bank transfer. You’ll then be able to exchange your pounds for Philippine pesos and make hassle-free international payments. With Moneycorp, you can exchange up to 33 currencies online and more than 120 when you liaise with one of our dedicated currency specialists over the phone.

We offer the option of setting up an international direct debit to the Philippines on either a weekly or monthly basis with our Regular Payment Plan, as well as a wide range of FX tools that can help you get the most out of your money. Our forward contacts, for example, allow you to lock in a favourable exchange rate for up to two years of payments.


How to track the pound to Philippines peso rate

Our Currency Zone makes it easy to track the GBP to PHP exchange rate and monitor key market movements. You can set up a rate alert, which means that you’ll receive an email and/or SMS message if the exchange rate moves to a set level of you’re choosing. This way, you won’t mess out when the GBP to PHP rate moves to your desired level.


Send money to the Philippines with Moneycorp

Our international payment solutions will meet your needs, whether you’re looking to make regular payments to the Philippines, considering buying a property in Manilla or seeking to spend your retirement years there. You can make international transfers online and over the phone when you partner with Moneycorp. We are proud to offer fee-free online international transfers; the only fees that we charge are for our Regular Payment Plan, which enables you to set up an automated payment schedule, and payments that are made via telephone. There’s no question that using Moneycorp’s services is one of the cheapest and best ways to send money to the Philippines.


Common questions about a money transfer to the Philippines

How long will a payment to Philippines take?

Most payments that are made to the Philippines via Moneycorp arrive within 1-2 working days, and so you can rest assured that your money will reach its destination even when time is at a premium. Regardless of how much money you wish to send, we’ll ensure that your payment arrives on time; large money transfers do not take longer to arrive than smaller transfers. You can track your payments and view your full transaction history online.

1/22/2021 10:49:44 AM

How can I estimate the amount that it will cost me to send money to the Philippines?

We offer fee-free online international transfers to the Philippines, which means that you’ll benefit from our competitive exchange rates without having to worry about any additional costs. Once you’ve opened a Moneycorp account, you can obtain exchange rates from your account manager. Once we have provided you with an online quote, you can book your order at the specified exchange rate; exchange rates change each second, and so your order will only be locked in after you have secured your transaction.

You will only be required to pay online fees if you decide to use a Regular Payment Plan to automate your recurring payments. Our over-the-phone transfers to the Philippines cost a flat rate of £15, which makes Moneycorp an economical option for large money transfers. Certain of our FX tools, such as our forward contracts, require that you pay a nominal fee.

What information do I need to transfer money to banks in the Philippines?

You’ll need to provide the following information to send money to a Filipino bank account, in addition to documentation that supports your reason for making the payment.

  • The account holder’s full name
  • The recipient’s account number
  • The recipient’s BIC/SWIFT code
  • If you are making a personal payment: Photographic ID of the recipient and a copy of the recipient’s bank statement that is less than three months old, with proof of address
  • If you are paying money into your own account in the Philippines: A bank statement from the recipient account, less than three months old
  • If you are making a business payment: An Invoice with the supplier’s name and address

These final three items can be sent in PDF form or as clear scans to if you are making a personal payment, or to if you are making a business payment. If you have any questions regarding your payment to Philippines, call our team on 0207 589 3000 (personal) or 0207 823 7878 (business).

Read our in-depth guide for further information regarding BIC/SWIFT codes.

1/22/2021 10:50:50 AM

How much money can I send to the Philippines?

There is an upper limit of £100,000 on personal transfers that can be made through our online platform to the Philippines. Transfers that are made over the phone, on the other hand, have no upper limit, and so you will need to contact your Moneycorp account manager by telephone in order to make larger payments from the UK to the Philippines.

1/22/2021 10:51:27 AM

Can I send money to all banks in the Philippines through my Moneycorp account?

We can help you make payments to most of the major banks in the Philippines, including but not limited to:

  • BPI
  • PNB
  • BDO Unibank
  • Land Bank
  • Metrobank
  • HSBC Philippines
  • Deutsche Bank Philippines

It does not necessarily mean that we cannot help you make your payment if your bank is not included on this list. Speak to one of our specialists today to find out how we can help.

1/22/2021 10:51:42 AM

Is it safe to make online money transfers to the Philippines?

Using Moneycorp is one of the safest ways to send money to the Philippines. As an Authorised Payment Institution, we are regulated by the FCA for our provision of payment services. It’s safe, therefore, to make send money to the Philippines with Moneycorp’s services; we’ll ensure that your payment details are safe and secure.

What is the current GBP to PHP exchange rate?

At the beginning of 2023, the British Pound to Philippine peso exchange rate was 66.7. Like all rates, however, the GBP/PHP exchange rate is subject to constant change. Use our Currency Zone to find out more about the current British Pound to Philippine peso exchange rate.

Make a payment

Make a payment

No matter how big the transfer, we are ready to send your global payment.

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Regular international payments

Regular international payments

Make hassle-free international payments on a regular basis.

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GBP to PHP exchange rate

GBP to PHP exchange rate

Track the pound to Philippine peso rate with our live currency chart.

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Personal payments

Personal payments

You can enjoy competitive exchange rates and low fees on all your international payments with our personal account.

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Foreign exchange business solutions

FX business solutions

We provide tailored services to help companies make global payments and manage their foreign exchange risk.

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Risk Disclaimer

As of February 2023, Philippines has remained on the FATF grey list after identifying AML/CFT deficiencies. Philippines and FATF have agreed to work closely together in resolving and monitoring the identified deficiencies. Given the risk measures please ensure you have followed all laws, guides and reasonable steps prior remittance of funds.