Question 1

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

Accepted Answer

Today, Moneygram delivers the highest amount — ₱83,170 for every £1,000 sent, at a rate of 83.5032 PHP per GBP. Compare every provider's true cost (rate plus fee) above before deciding.

Question 2

What is today's GBP to PHP exchange rate?

Accepted Answer

The mid-market rate right now is approximately 1 GBP = 83.2456 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 £1,000 to Philippines?

Accepted Answer

Costs vary significantly. The best provider (Moneygram) gives you ₱83,170 after fees. The worst (PayPal) only gives you ₱79,339. That's a difference of ₱3,831 on a single £1,000 transfer.

Question 4

How long do transfers take?

Accepted Answer

Speed varies by provider and payment method. Moneygram typically completes in minutes. 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 MoneygramBest value	GBP 3.99	83.5032	₱83,170	Minutes	Send
2 Instarem	Free	82.7171	₱82,717	Same day	Send
3 Wise	GBP 6.66	83.2456	₱82,691	Within hours	Send
4 Remitly	Free	82.5100	₱82,510	Minutes	Send
5 Skrill	Free	82.4285	₱82,429	Same day	Send
6 Western Union	GBP 1.99	82.5453	₱82,381	Minutes	Send
7 WorldRemit	GBP 1.99	82.3312	₱82,167	Same day	Send
8 HSBC	Free	81.5633	₱81,563	1–3 days	Send
9 Xoom	Free	81.1873	₱81,187	Minutes	Send
10 Barclays	Free	80.8781	₱80,878	1–3 days	Send
11 Nationwide	GBP 15.00	81.6045	₱80,380	1–3 days	Send
12 Monese	GBP 30.00	82.8432	₱80,358	1–3 days	Send
13 OFX	GBP 7.00	79.9727	₱79,413	1–2 days	Send
14 PayPal	GBP 2.99	79.5772	₱79,339	Minutes	Send

Send Money from UK to Philippines — Best GBP/PHP Rates

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