How Can I Send Money From Australia To The Philippines?
20 Oct

How Can I Send Money From Australia To The Philippines?

Category : Money Transfer App / by

Sending money from Australia to the Philippines is easy with local banks, but can be expensive. International money transfers often come with hidden fees, exchange rates with hidden margins, and bank charges.

Alternatively, you can send money directly to the store through services such as Western Union or Moneygram. These services often offer quick service, but may not be the cheapest way to send money to the Philippines.

Online money transfer services can offer the best of both worlds. They offer a cheap way to transfer money without leaving your home.

Some of the Best Money Transfer Services in Australia: 


Remitly is an easy way to send money from Australia. They have a highly rated mobile app and accept credit and debit cards. When sending cash to family or friends overseas, Remitly has an “Express” option which is faster but has higher fees. If you are not in a hurry, their “economy” service is only marginally slower but much cheaper.

The fee for “Express” fees starts at $3.99. The exchange rate you receive depends on the amount of your transfer. The time depends on which service you choose. It’s faster with “Express” but you have to pay by card and the fees are higher. It’s slower but cheaper with “Economy” when you pay by bank transfer. They are fully licensed and authorized.


OFX (formerly Ozforex) was founded in Australia and has grown into a well-respected global company. With headquarters in Sydney, it has a good track record for security.

They are a good option for Australians who don’t mind transacting online but still want local customer support over the phone. OFX usually charges a flat fee for smaller amounts, but if you click on the link below, your transfers will be fee-free. 

OFX adds a margin to the exchange rate when you convert your Australian dollars into Philippine peso and the minimum transfer amount: is AUD$250. 

Your recipient will get the money in Philippine pesos into their account in 1-2 business days. They are safe and licensed. 

money remittance software

XE Money Transfers

As a trusted and seasoned name in foreign exchange, XE could be a good option for online users who aren’t under time pressure. They don’t charge fixed fees and don’t have any minimum amounts so are good for any sized transaction.

There is no transfer fee but there can be hidden charges at the local bank. The AUD/PHP exchange rate you receive, when you convert your Australian dollars into Philippine pesos, will depend on the amount of your transfer. 

Your recipient will get the money in Philippine pesos into their account in 2-3 business days. They are safe and licensed as Money Transmitter by the DFS in New York and registered with FINTRAC.

Wise (formerly known as TransferWise)

If you prefer to transfer money online, Wise is one of the easiest ways to do it. It’s incredibly simple to set up an account or make a transfer using their app. They also have the best exchange rates, because they offer the same market rate you see on XE or Google and don’t add any hidden exchange rate markups.

The transfer Fee charged is 1.22 AUD + 0.59% of your amount. Wise gives you the best possible rate (google rate). They do not use a margin. Money can be transferred through Bank transfer, debit card, or credit card.

Your recipient will get the money in Philippine pesos from Wise’s local account by the same day. They are safe and reliable. 


WorldRemit specializes in remittances and smaller transfers. They’re perfect for personal money transfers from Australia up to AUD10,000 to the Philippines. Their rates are usually better than Australian banks like ANZ or Commonwealth Bank. They offer more flexible delivery options than companies like PayPal, Western Union, or MoneyGram.

Transfer Fee is charged starting from AUD2.99 for small amounts. Money can be delivered through Bank transfer, Cash Pickup. Mobile Money or Airtime Top up. The maximum transfer amount is AUD50,000. 

Most bank transfers, Cash Pick up and Airtime Top up can be ready in a matter of minutes. They are safe and licensed as well. 

Wrapping up:

There are many different ways to transfer money, but the easiest and fastest way is through money remittance software and applications. If you also want to develop your own money remittance software, Webcom Systems is the perfect solution for you. We develop money transfer software and applications according to the client/s requirements.

Also Read: How Fintech App Development Benefits your Business?