Send Money from Hong Kong to Philippines

There is no single cheapest provider on this corridor — it depends on how much you send and how your recipient is paid. Compare the total amount received in Philippine pesos rather than the advertised fee, since the exchange rate margin is usually the larger cost. Bank deposit is typically cheaper than cash pickup.

Delivery ranges from minutes to a few business days depending on the provider and payout method. Instarem can deliver within minutes when you pay by debit card. Bank-funded and economy transfers typically take one to three business days but usually cost less. Transfers sent outside banking hours or over a weekend may not settle until the next working day.

Across the providers we compare, the available payout methods are bank deposit, cash pickup, card payout and mobile wallet. The most widely used options in the Philippines are GCash and Maya wallets, bank deposit and cash pickup. GCash has become the default way to receive remittances in the Philippines, with instant delivery to a mobile number. Not every provider supports every method, so check the table above before you commit.

No. Western Union offer cash pickup in the Philippines, so your recipient can collect the funds with valid photo ID and the transfer reference number. That said, GCash and Maya wallets, bank deposit and cash pickup generally cost less than cash collection.

Providers rarely give you the mid-market rate — the reference rate you see on Google or Reuters. Instead they add a margin, typically between 0.4% and 4%, and keep the difference. That margin is often larger than the visible transfer fee, which is why a "no fee" service can still be more expensive overall. For HKD to PHP, compare the quoted rate against the mid-market rate to see the real spread you are paying.

Yes, provided you use a licensed provider. Every service listed on this page is regulated in Hong Kong under the Customs and Excise Department, which requires safeguarding of customer funds and identity verification. Send only to people you know personally, keep your transfer reference private, and be sceptical of anyone pressuring you to send money urgently to someone you have not met.

Yes. Each provider sets its own transfer limits, which vary by how much identity verification you have completed and how you pay. Larger transfers may require additional documentation such as proof of source of funds. For transfers above roughly HK$10,000, a specialist foreign-exchange broker will often beat an app on rate.

Remitly does not operate from Hong Kong. Its Hong Kong market root returns a 404, as does every Hong Kong corridor address tested in both its short and long URL forms. If you already use that service, you will need an alternative from the comparison table above for this corridor.

The card rows on this corridor are the most expensive on this site relative to the cheapest method. Wise's own table puts a debit card at 422.04 HKD against 64.02 HKD from a Wise balance on 10,000 HKD — about six and a half times as much, and roughly four percent of the money rather than well under one percent. Whatever else you do, do not fund this transfer with a card if you can avoid it. All six of Wise's funding rows held identical across two independent reads here, so all six are published — including both card rows, which is what makes the figure above safe to state as plainly as it is. This corridor matters more than most on this site. Hong Kong has one of the largest populations of Filipino domestic workers in the world, many of them sending a fixed share of a modest wage home every month. A four percent funding choice made once, on a Sunday, repeats every month until someone changes it. Remitly does not serve Hong Kong outbound. Its Hong Kong market root and every Hong Kong corridor address tested return a 404, so the comparison here is three services rather than the four this site carries in most markets. Only Western Union offers cash pickup here. If your recipient has no bank account, the comparison is not really a comparison — it is one service, and the question becomes what it charges rather than which to pick. Mobile wallet payout in the Philippines can attract cash-out charges applied by the wallet operator rather than the transfer service. Those sit outside every comparison including this one. Wise quotes its Hong Kong tables at 10,000 HKD, not the 1,000 of the local unit it uses on most markets. That is a sixth distinct basis on this site, so a Hong Kong dollar figure cannot be read against a euro or pound figure elsewhere here without converting first.