Millions of Filipino OFWs and freelancers send money internationally pero traditional remittance services charge too much. Banks take 3-5% hidden exchange rate markup. Western Union and remittance centers add flat fees on top. Receiving USD from international clients costs extra in conversion. Wise uses the real mid-market exchange rate — the same rate you see on Google. Transparent fees shown before you send. Fast delivery. Trusted by 16 million people worldwide. Keep more ng pinaghirapan mong pera.
Transfer Service Comparison
| Service | Exchange Rate | Fee | Speed | Best For |
|---|---|---|---|---|
| Wise | Mid-market | Low, transparent | Hours | Best rate |
| Banks | 3-5% markup | High fixed | 3-5 days | Large amounts |
| Western Union | Markup | Variable | Minutes | Cash pickup |
| GCash | Markup | Low | Instant | Local only |
Save on Every Transfer
Send with Wise — real exchange rate, transparent fees, fast delivery worldwide. Learn finance on Udemy — financial literacy courses from ₱500.
Why Filipinos Choose Wise
- Real exchange rate: Mid-market rate — walang hidden markup sa USD to PHP conversion
- OFW savings: Send remittances home at much better rates than traditional services
- Freelancer payments: Receive USD/EUR from Upwork, Fiverr clients at best rates
- Transparent: See exact fee and delivery amount before confirming any transfer
- Multi-currency: Hold 50+ currencies. Perfect for freelancers with global clients
Frequently Asked Questions
Available sa Philippines?
Oo. Send and receive international transfers. Multi-currency account available.
How much saved?
Typically 3-5x cheaper than banks. Malaking savings especially on regular remittances.
For OFWs?
Perfect. Send money home at real exchange rate. Family receives more pesos.
Safe ba?
Regulated financial institution. 16 million users worldwide. Funds fully protected.
Related: Transfers | Earn Money | OFW Remittance