Filipino freelancers at OFWs lose thousands of pesos every transfer sa hidden bank charges. Ang bank mo ay may 3-5% markup sa exchange rate plus ₱500-2,000 wire fee. Sa $1,000 na Upwork payment, nawawala ang ₱2,000-5,000 sa fees. Wise gives you the real mid-market rate — yung exact rate na nakikita mo sa Google — with transparent at low fees.
Transfer Comparison
| Service | FX Markup | Fee | Speed | Best For |
|---|---|---|---|---|
| Wise | 0.3-0.6% | Low | 1-2 days | Best rates |
| PayPal | 3-4% | 2-5% | Instant | Widespread |
| PH bank wire | 3-5% | ₱500-2,000 | 3-5 days | Large amounts |
| Remitly | 1-3% | $0-5 | Minutes-days | OFW remittance |
Receive More Money
Open Wise — get real exchange rates, hold 40+ currencies, at receive using USD/GBP/EUR bank details. Direct to your BDO, BPI, or any Philippine bank. Learn financial skills sa Udemy — personal finance at freelance business courses from $10.
Benefits Para sa Filipinos
- Freelance payments: Receive from Upwork, OnlineJobs.ph at best rates
- OFW remittance: Family abroad sends money at real exchange rates
- Multi-currency: Hold USD — convert to PHP when rate is favorable
- USD bank details: Professional invoicing with US bank account details
- GCash compatible: Transfer from Wise to Philippine bank then to GCash
Frequently Asked Questions
Available sa PH?
Oo. Receive to any Philippine bank account — BDO, BPI, Metrobank, etc.
Magkano ang savings?
₱2,000-5,000 per $1,000 vs Philippine bank transfer.
Safe ba?
FCA regulated. 16M+ users worldwide. Publicly listed company.
Pwede ba sa GCash?
Not direct. Transfer to PH bank first, then bank to GCash.
Related: Payments | Earn Money | OFW Remittance