Send Money from the UK to Philippines

Measured on the full cost — the transfer fee plus the exchange-rate margin — MoneyGram is cheapest on this corridor at £1,000, across the 4 providers we hold checked figures for. Taptap Send advertises no transfer fee here, which looks cheaper and often is not: a provider with no fee recovers it in the rate, and the margin is usually the larger of the two costs. The cheapest provider also changes with the amount you send, so compare the final sum that arrives in Philippine pesos rather than the headline fee.

At £1,000, MoneyGram is the cheapest of the 4 providers priced at that amount on this corridor: about £4.39 all in, or 0.44% of the amount sent. Wise is next at about £5.79. That is the fee plus the exchange-rate margin that applied to a transfer of that size — priced at £1,000 specifically, not worked out from a measurement taken at some other amount. It covers a bank transfer; cash pickup and mobile wallet payouts are priced separately. The margins were measured by Wise's comparison service rather than published by the providers themselves, and other providers here may be cheaper and are not priced this way.

Yes. Up to £250, Wise costs least on this corridor; from £500 upwards, MoneyGram does. The change happens somewhere between those two amounts — they are the amounts actually priced, so naming a precise crossing point would be a guess dressed as a figure. This happens because a transfer costs a flat fee plus a percentage of the amount, and those two scale in opposite directions: on a small transfer the fee dominates, on a large one the exchange-rate margin does. It is why a comparison taken at a single amount can point you at the wrong provider for yours.

Delivery ranges from minutes to a few business days depending on the provider and payout method. WorldRemit, Taptap Send and Western Union 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, mobile wallet and airtime top-up. 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. WorldRemit, MoneyGram, Taptap Send and 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 GBP 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 the UK under the Financial Conduct Authority (FCA), 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.

GCash and Maya are the dominant wallets in the Philippines. Several providers support them, but not all name them explicitly on their UK pages — confirm the payout option before sending if your recipient wants a wallet rather than a bank account. The peso is at an all-time low against the dollar — 62.71 on 4 September 2026 — on Gulf oil-supply disruption pushing importers to buy dollars, rising US Treasury yields pulling money out of emerging markets, and a wide Philippine trade deficit. Sterling is quoted against the peso rather than the dollar here, but the same pressure carries through: a pound converts to more pesos now than it has before. That is straightforwardly good for your recipient's peso total, with the honest caveat that a weak peso also raises the price of imported food and fuel they will spend it on — so the gain is smaller in real terms than the headline rate suggests.