Send Money from Italy 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.

Most transfers on this corridor arrive within one to three business days. Paying by debit card is generally faster than a bank transfer, and transfers initiated outside banking hours may not begin processing until the next working day.

Across the providers we compare, the available payout methods are GCash, Maya, bank deposit, cash pickup, mobile wallet and card payout. 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. Remitly, Western Union and Sendwave 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 EUR 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 Italy under the Bank of Italy, 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 €10,000, a specialist foreign-exchange broker will often beat an app on rate.

Sendwave caps its bank payout at 50,000 PHP — roughly 700 EUR at the rate shown when this was checked. It is the only service on this page that publishes a ceiling, and it is low enough to matter: a transfer of 1,000 EUR would not fit through that rail. Check the cap against what you intend to send before comparing its price with anything. Wise's Italian pages offer an open-banking payment option that its American, Singaporean and Swiss pages do not — a direct bank payment authorised through your own bank rather than a card or a manual transfer. At 7.32 EUR it sits below the ordinary bank transfer at 9.15 EUR, for the same money leaving the same account. Wise's debit card figure is not quoted here. Two independent reads of the page on the same day returned 15.15 EUR and 10.87 EUR, while the other six rows came back identical both times. This is the best-supplied corridor in the hub, with four services and every rail available — bank deposit, cash pickup, GCash and Maya wallets, and cash delivered to the recipient's home. The right comparison is which is cheapest into the rail your recipient actually uses; a wallet payout and a cash pickup are not substitutes for each other. 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, so ask your recipient what their wallet deducts before choosing it over a bank deposit. Western Union caps a sender at 1,000 EUR within any three-day period before identity verification, and 5,000 EUR per transfer after it.