Question 1

What is the best way to send money from Canada to Philippines?

Accepted Answer

Today, Instarem delivers the highest amount — ₱44,762 for every CA$1,000 sent, at a rate of 44.7617 PHP per CAD. Compare every provider's true cost (rate plus fee) above before deciding.

Question 2

What is today's CAD to PHP exchange rate?

Accepted Answer

The mid-market rate right now is approximately 1 CAD = 45.1268 PHP. This is the rate banks use among themselves — providers add a margin on top, which is why the rate you actually get is lower.

Question 3

How much does it cost to send CA$1,000 to Philippines?

Accepted Answer

Costs vary significantly. The best provider (Instarem) gives you ₱44,762 after fees. The worst (OFX) only gives you ₱42,725. That's a difference of ₱2,036 on a single CA$1,000 transfer.

Question 4

How long do transfers take?

Accepted Answer

Speed varies by provider and payment method. Instarem typically completes in same day. Cash pickup networks like MoneyGram, Western Union and Xoom are usually fastest (minutes). Bank wires and ACH transfers can take 1–3 business days.

Question 5

Are there taxes on sending money to Philippines?

Accepted Answer

In most cases, sending money internationally is not taxable for the sender. However, large transfers (typically over $10,000 USD or equivalent) may require reporting to financial authorities such as FinCEN in the US or HMRC in the UK. The recipient country may have its own rules. Always check with a tax professional for your situation.

Provider	Fee	Rate	Recipient gets	Speed
1 InstaremBest value	Free	44.7617	₱44,762	Same day	Send
2 Wise	CAD 9.12	45.1268	₱44,715	Within hours	Send
3 Xoom	Free	44.1744	₱44,174	Minutes	Send
4 Royal Bank of Canada	Free	43.9100	₱43,910	1–3 days	Send
5 PayPal	CAD 4.99	43.1474	₱42,932	Minutes	Send
6 OFX	CAD 15.00	43.3759	₱42,725	1–2 days	Send

Send Money from Canada to Philippines — Best CAD/PHP Rates

Live converter

All Providers

Frequently Asked Questions

Related