Send Money from Singapore 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 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 MoneyGram 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 SGD 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 Singapore under the Monetary Authority of Singapore, 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 S$10,000, a specialist foreign-exchange broker will often beat an app on rate.

Wise's own table puts a bank transfer below a Wise balance here, 4.63 SGD against 4.69 SGD on 1,000 SGD. It is a difference of six cents, so it will not decide anything on its own — but it is worth knowing that the service's usual advice to fund from a balance does not hold on this route, and this is now the sixth corridor across five hubs where it does not. Wise's debit card figure is not quoted here. Two independent reads of the page on the same day returned 45.59 SGD and 50.13 SGD while the balance and bank rows came back identical to the cent both times. The card rows on these pages move; the others do not, so only the others are published. This is the best-supplied corridor in the hub, with five 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 not which is cheapest overall but 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. MoneyGram's Singapore page names only one Philippine partner and no send amount, so it carries a lower confidence rating here than the other four. It is listed because the route is confirmed, not because its pricing could be checked.