Cost to send money from the United States to the Philippines
Sending US$200 from the United States to the Philippines cost 4.52% of the amount on average in Q3 2025, across 58 services surveyed by the World Bank. The lowest cost was 0.58% (MoneyGram) and the highest 17.50%. A year earlier, in Q3 2024, the average was 5.02%.
| Average total cost (US$200 equivalent) | 4.52% |
| Average total cost (US$500 equivalent) | 2.92% |
| Average FX margin | 1.40% |
| Money transfer operators | 4.28% across 54 services |
| Banks | 7.64% across 4 services |
| Surveyed | 4 Aug 2025 to 21 Aug 2025, 14 providers |
Every service surveyed, cheapest first
Total cost is the fee plus the FX margin, as a share of USD 200.
| Provider | Type | Pay by | Receive as | Speed | Fee | FX margin | Total cost |
|---|---|---|---|---|---|---|---|
| MoneyGram | Money Transfer Operator | Debit card | Mobile wallet | Less than one hour | USD 0.00 | 0.58% | 0.58% |
| MoneyGram | Money Transfer Operator | Bank account transfer | Mobile wallet | 3-5 days | USD 0.00 | 0.58% | 0.58% |
| Walmart2World | Money Transfer Operator | Debit card | Cash | Less than one hour | USD 5.99 | -1.90% | 1.10% |
| MoneyGram | Money Transfer Operator | Bank account transfer | Bank account | 3-5 days | USD 0.80 | 0.80% | 1.20% |
| MoneyGram | Money Transfer Operator | Debit card | Bank account | Less than one hour | USD 1.99 | 0.80% | 1.80% |
| WorldRemit | Money Transfer Operator | Credit card | Mobile wallet | Less than one hour | USD 0.00 | 1.83% | 1.83% |
| WorldRemit | Money Transfer Operator | Debit card | Mobile wallet | Less than one hour | USD 0.00 | 1.83% | 1.83% |
| Ria | Money Transfer Operator | Bank account transfer | Bank account | 3-5 days | USD 0.90 | 1.39% | 1.84% |
| Ria | Money Transfer Operator | Debit card | Bank account | Less than one hour | USD 1.90 | 1.39% | 2.34% |
| WorldRemit | Money Transfer Operator | Bank account transfer | Mobile wallet | Less than one hour | USD 0.00 | 2.95% | 2.95% |
| MoneyGram | Money Transfer Operator | Bank account transfer | Cash | 3-5 days | USD 5.99 | 0.00% | 3.00% |
| MoneyGram | Money Transfer Operator | Debit card | Cash | Less than one hour | USD 5.99 | 0.00% | 3.00% |
| M.Lhuillier Financial Services | Money Transfer Operator | Cash | Cash | Same day | USD 6.00 | 0.00% | 3.00% |
| M.Lhuillier Financial Services | Money Transfer Operator | Cash | Bank account | Next day | USD 6.00 | 0.00% | 3.00% |
| M.Lhuillier Financial Services | Money Transfer Operator | Bank account transfer | Cash | Next day | USD 6.00 | 0.00% | 3.00% |
| M.Lhuillier Financial Services | Money Transfer Operator | Bank account transfer | Bank account | 2 days | USD 6.00 | 0.00% | 3.00% |
| Remitly | Money Transfer Operator | Debit card | Cash | 3-5 days | USD 6.49 | 0.00% | 3.25% |
| Remitly | Money Transfer Operator | Bank account transfer | Cash | 3-5 days | USD 6.49 | 0.00% | 3.25% |
| Pangea | Money Transfer Operator | Debit card | Cash | Less than one hour | USD 4.95 | 0.82% | 3.30% |
| Western Union | Money Transfer Operator | Credit card | Bank account | Next day | USD 1.99 | 2.46% | 3.46% |
| Western Union | Money Transfer Operator | Debit card | Bank account | Next day | USD 1.99 | 2.46% | 3.46% |
| Western Union | Money Transfer Operator | Bank account transfer | Bank account | 3-5 days | USD 1.99 | 2.46% | 3.46% |
| Xoom | Money Transfer Operator | Debit card | Cash | Less than one hour | USD 6.98 | 0.00% | 3.49% |
| Xoom | Money Transfer Operator | Bank account transfer | Cash | Less than one hour | USD 6.98 | 0.00% | 3.49% |
| MoneyGram | Money Transfer Operator | Credit card | Mobile wallet | Less than one hour | USD 6.00 | 0.58% | 3.58% |
| Ria | Money Transfer Operator | Bank account transfer | Cash | 3-5 days | USD 3.50 | 1.99% | 3.74% |
| MoneyGram | Money Transfer Operator | Debit card | Cash | Less than one hour | USD 4.90 | 1.44% | 3.89% |
| Walmart2World | Money Transfer Operator | Debit card | Cash | Less than one hour | USD 3.90 | 1.95% | 3.90% |
| Wells Fargo | Bank | Bank account transfer | Bank account | 2 days | USD 5.00 | 1.43% | 3.93% |
| Ria | Money Transfer Operator | Debit card | Cash | Less than one hour | USD 4.00 | 1.99% | 3.99% |
| Wise | Money Transfer Operator | Bank account transfer | Bank account | 3-5 days | USD 8.12 | 0.00% | 4.06% |
| WorldRemit | Money Transfer Operator | Credit card | Cash | Same day | USD 3.99 | 2.14% | 4.14% |
| WorldRemit | Money Transfer Operator | Debit card | Cash | Same day | USD 3.99 | 2.14% | 4.14% |
| Wells Fargo | Bank | Bank account transfer | Bank account | 2 days | USD 5.00 | 1.71% | 4.21% |
| Western Union | Money Transfer Operator | Bank account transfer | Cash | 3-5 days | USD 3.99 | 2.46% | 4.46% |
| Western Union | Money Transfer Operator | Credit card | Cash | Less than one hour | USD 3.99 | 2.46% | 4.46% |
| Western Union | Money Transfer Operator | Debit card | Cash | Less than one hour | USD 3.99 | 2.46% | 4.46% |
| PNB (Philippines National Bank) | Bank | Cash | Bank account | 2 days | USD 8.00 | 0.91% | 4.91% |
| Western Union | Money Transfer Operator | Cash | Cash | Less than one hour | USD 8.00 | 1.06% | 5.06% |
| Ria | Money Transfer Operator | Credit card | Bank account | Less than one hour | USD 8.00 | 1.39% | 5.39% |
| Remitly | Money Transfer Operator | Debit card | Cash | 3-5 days | USD 4.99 | 2.94% | 5.44% |
| Remitly | Money Transfer Operator | Bank account transfer | Cash | 3-5 days | USD 4.99 | 2.94% | 5.44% |
| Ria | Money Transfer Operator | Cash | Cash | Less than one hour | USD 7.00 | 1.99% | 5.49% |
| Ria | Money Transfer Operator | Credit card | Cash | Less than one hour | USD 7.00 | 1.99% | 5.49% |
| MoneyGram | Money Transfer Operator | Credit card | Bank account | Less than one hour | USD 9.99 | 0.80% | 5.80% |
| MoneyGram | Money Transfer Operator | Credit card | Cash | Less than one hour | USD 11.99 | 0.00% | 6.00% |
| Johnny Air Cargo | Money Transfer Operator | Cash | Cash | Next day | USD 10.00 | 1.01% | 6.01% |
| Johnny Air Cargo | Money Transfer Operator | Cash | Cash | Next day | USD 10.00 | 1.01% | 6.01% |
| Remitly | Money Transfer Operator | Credit card | Cash | 3-5 days | USD 12.49 | 0.00% | 6.25% |
| Xoom | Money Transfer Operator | Credit card | Cash | Less than one hour | USD 12.98 | 0.00% | 6.49% |
| Xoom | Money Transfer Operator | Bank account transfer | Cash | Less than one hour | USD 4.99 | 4.49% | 6.99% |
| MoneyGram | Money Transfer Operator | Credit card | Cash | Less than one hour | USD 11.99 | 1.39% | 7.39% |
| Xoom | Money Transfer Operator | Debit card | Cash | Less than one hour | USD 5.99 | 4.49% | 7.49% |
| Walmart2World | Money Transfer Operator | Credit card | Cash | Less than one hour | USD 11.99 | 2.00% | 8.00% |
| Walmart2World | Money Transfer Operator | Cash | Cash | Less than one hour | USD 8.00 | 4.14% | 8.14% |
| Remitly | Money Transfer Operator | Credit card | Cash | 3-5 days | USD 10.99 | 2.94% | 8.44% |
| Xoom | Money Transfer Operator | Credit card | Cash | Less than one hour | USD 10.99 | 4.49% | 9.99% |
| Citibank | Bank | Bank account transfer | Own/partner Bank account | 2 days | USD 35.00 | 0.00% | 17.50% |
How the cost has moved
The average was 5.76% in Q2 2016, the first quarter in this series with data for the corridor, and 4.52% in Q3 2025.
The UN target
The UN Sustainable Development Goals aim to bring the global average cost of sending remittances below 3% by 2030 and to remove corridors costing more than 5%. The World Bank measures the 5% test on the average of the three cheapest qualifying services in each corridor, not on the corridor average. source In this corridor the three cheapest services surveyed averaged 0.75% (a plain average, without the World Bank's qualifying rules).
Related
Frequently asked questions
How much does it cost to send money from the United States to the Philippines?
Sending US$200 from the United States to the Philippines cost 4.52% of the amount on average in Q3 2025, across 58 services surveyed by the World Bank. The lowest cost was 0.58% (MoneyGram) and the highest 17.50%. A year earlier, in Q3 2024, the average was 5.02%.
Which service cost least from the United States to the Philippines?
In the World Bank's Q3 2025 survey the lowest total cost was 0.58% of USD 200, from MoneyGram. Costs change with exchange rates, so check current prices with each provider.
Where Polynopsis fits
The companies surveyed here move money across borders every day, and many of them prefund payout partners in the receiving country. Polynopsis is liquidity software for those companies: one live position across their banks, payout partners and wallets, with a warning before a corridor runs dry.
Data: World Bank, Remittance Prices Worldwide (complete dataset, licensed CC BY 4.0). Averages and charts are worked out by Polynopsis from that dataset. Services without a US$200 quote are left out of the averages, so a few corridors differ slightly from the World Bank site. Each corridor uses the local send amount the World Bank set as the equivalent of US$200; where that amount is now worth much less than US$200, fixed fees make the percentage cost higher.
Know where all your money is.
Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.
About Polynopsis
Polynopsis is liquidity management software for cross-border payment companies. The name joins poly, many, and synopsis, a seeing together: one live view of money spread across many banks, payout partners, exchanges and stablecoin wallets, including money in flight, with a warning before any corridor runs dry.
Why it is called Polynopsis · About Polynopsis · Glossary · Corridor runway calculator