Cheapest way to send money to Philippines in 2026

Wise is the cheapest for sending 1,000 USD to Philippines. Use money in your Wise account, it costs just 6.27 USD. They use the mid-market rate with no hidden fees. Send up to $2,000 to PHP for free to try it. Bank transfers are cheap too but slower. Remitly gives special rate and no fees on first transfer. ShareMoney has first transfer free up to $500 with debit card, no promo code. Western Union and Xoom offer $0 fees on first transfers or to GCash. MoneyGram has $0 fees for new customers. Pick what fits your amount and speed.