Send Money from Australia to Philippines
Compare AUD → PHP exchange rates from top providers
AI Quick Verdict
As of March 26, 2026, the cheapest way to send money from Australia to Philippines is via Wise, costing $4.60 in fees with an exchange rate of 1 AUD = 41.82 PHP. Sending $1,000 delivers PHP 41,630.02 to your recipient in ~1 hour.
Compare AUD → PHP Rates
Best rate — they receive (PHP)
PHP 41,630.02
via Wise
Sending AUD 1,000 to Philippines
Updated Mar 25, 05:42 PM
| Provider | Exchange Rate | Fee | Speed | You Send | They Receive | |
|---|---|---|---|---|---|---|
WiseBest rate | 1 AUD = 41.82 PHP | $4.60 | ~1 hour | AUD 1,000 | PHP 41,630.02 | Send → |
RevolutRunner-up | 1 AUD = 41.70 PHP | $5.00 | ~1 day | AUD 1,000 | PHP 41,488.45 | Send → |
Remitly | 1 AUD = 41.20 PHP | $15.00 | ~3 hours | AUD 1,000 | PHP 40,577.14 | Send → |
WorldRemit | 1 AUD = 40.99 PHP | $13.99 | ~6 hours | AUD 1,000 | PHP 40,412.56 | Send → |
* Rates are indicative. Final rate confirmed at provider's checkout. RateCurb may earn a commission if you click and sign up.
7-Day Exchange Rate History
Rate per 1 unit of source currency → PHP
vs Traditional Banks
You save up to $75
on a AUD 1,000 transfer
Wise
BEST RATEBank of America
+5% markup + $35 wire fee
Wells Fargo
+4.5% markup + $25 wire fee
Sending money from Australia to the Philippines is one of the most common remittance routes in the Asia-Pacific, yet many senders lose hundreds of dollars yearly to bank markups and hidden fees. Digital providers like Wise, Remitly, and WorldRemit consistently offer 3–8% better AUD to PHP exchange rates than traditional banks. This guide breaks down exactly how to compare costs, choose the right transfer speed, and ensure every peso reaches your family.
Our verdict: For regular AUD to PHP transfers, using Wise or Remitly instead of an Australian bank can save you AUD 40–80 per AUD 1,000 sent — use rate alerts to lock in the best exchange rate before transferring.
Sending Money from Australia to the Philippines: A Complete Guide
The Australia-to-Philippines money transfer corridor is one of the busiest in the Asia-Pacific region. With over 300,000 Filipinos living and working in Australia, billions of Australian dollars flow to the Philippines each year to support families, cover medical expenses, fund education, and invest in property. Whether you're an OFW (Overseas Filipino Worker) sending monthly support or an Australian with family ties to the Philippines, understanding how this corridor works can save you hundreds of dollars annually.
Understanding the True Cost: Exchange Rate Markups vs. Flat Fees
The biggest mistake senders make is focusing only on advertised fees while ignoring the exchange rate markup. Every provider sets its own AUD to PHP exchange rate, and the gap between what they offer and the real mid-market rate is where hidden profit lives. A bank might advertise "zero transfer fees" but quietly embed a 4–6% markup into the exchange rate itself, costing you far more than a transparent flat fee would.
- Always compare the rate you're offered against the mid-market rate on Google or XE.com at the exact moment of transfer.
- Calculate the total PHP your recipient receives, not just the headline fee, to get a true cost comparison.
- Watch for tiered pricing — some providers charge lower markups on amounts above AUD 1,000 or AUD 5,000.
- Flat fees (e.g., AUD 3.99 per transfer) are typically more cost-effective than percentage-based markups for larger amounts.
Why Digital Providers Consistently Beat Australian Banks
Major Australian banks — including CommBank, ANZ, Westpac, and NAB — typically apply exchange rate markups of 4–8% on AUD to PHP transfers, plus fixed international wire fees ranging from AUD 20 to AUD 30. Digital remittance providers operate on leaner margins and pass the savings directly to senders.
Wise uses the real mid-market rate with a transparent percentage fee that typically totals 0.6–1.5% for this corridor. Remitly offers competitive peso payouts with promotional rates for first-time users and a clear fee structure upfront. WorldRemit provides strong cash pickup options through partner networks like Cebuana Lhuillier and M Lhuillier, which is invaluable for recipients in provincial areas. Revolut users can convert AUD to PHP at interbank rates during weekday trading hours, making it ideal for those who already use the app for everyday banking. On a AUD 1,000 transfer, choosing a digital provider over a bank could mean an extra PHP 2,500–4,000 reaching your recipient.
Transfer Speed: Instant, Standard, or Economy?
- Instant (minutes): Best for emergencies. Remitly's Express and WorldRemit's instant options deliver to Philippine bank accounts or cash pickup within minutes but carry slightly higher fees.
- Standard (same day to 24 hours): The sweet spot for most regular transfers — fast enough for practical needs, with better exchange rates than instant options.
- Economy (1–3 business days): Ideal for scheduled monthly remittances where timing is flexible. Wise's standard transfers typically fall into this category and offer the best overall value.
Tax and Regulatory Considerations
One of the most favorable aspects of sending money to the Philippines is the tax treatment on the receiving end. The Philippine government does not impose any tax on incoming remittances, meaning your family receives 100% of what arrives in their account. There are no declaration requirements for standard personal transfers. On the Australian side, personal remittances are not taxable events for the sender. However, if you're transferring funds for business purposes or investment, consult a tax professional to ensure compliance with ATO reporting obligations. The Bangko Sentral ng Pilipinas (BSP) regulates inbound transfers, and all major digital providers operate within this framework.
Practical Tips to Maximize Every Transfer
- Transfer on Tuesday through Thursday during Australian business hours when currency markets are most liquid and spreads tend to tighten.
- Use Wise's rate alerts or Remitly's rate lock feature to secure a favorable AUD/PHP rate before it moves against you.
- Consolidate smaller transfers into one larger monthly transfer to minimize per-transaction fees and qualify for better rate tiers.
- Keep recipients' bank details (BDO, BPI, UnionBank) saved in your provider app for faster repeat transfers.
- For recipients without bank accounts, WorldRemit and Remitly both support GCash wallet top-ups, which are fast, free to receive, and widely used across the Philippines.
Frequently Asked Questions
What is the cheapest way to send AUD to PHP from Australia?
Digital providers like Wise and Remitly consistently offer the lowest total cost for AUD to PHP transfers, charging 0.6–2% all-in compared to 4–8% at major Australian banks. To find the cheapest option on any given day, use a comparison tool like Monito or Finder and check the total PHP received — not just the advertised fee. Consolidating transfers into larger monthly amounts also reduces per-transaction costs.
How long does a bank transfer from Australia to the Philippines take?
Bank-to-bank transfers from Australia to Philippine banks like BDO or BPI typically take 2–5 business days due to correspondent banking intermediaries. Digital providers are significantly faster — Remitly Express and WorldRemit can deliver funds within minutes, while Wise standard transfers usually arrive within 24 hours. For urgent transfers, expect to pay a small premium for instant delivery options.
Does the recipient in the Philippines pay tax on money sent from Australia?
No — the Philippines does not impose any income tax or remittance tax on money received from overseas, so your recipient keeps 100% of the amount that arrives in their account. There are no declaration requirements for standard personal transfers under BSP regulations. This makes the AUD to PHP corridor particularly favorable compared to some other destinations that do tax inbound remittances.
Can I send AUD directly to a GCash wallet in the Philippines?
Yes — both Remitly and WorldRemit support direct top-ups to GCash wallets, which is one of the fastest and most convenient delivery methods for recipients across the Philippines. GCash is widely accepted for bills payments, online shopping, and cash withdrawals, making it an excellent option for recipients without traditional bank accounts. Transfers to GCash typically arrive within minutes and are free for the recipient to receive.
How to send money from Australia to Philippines
- 1Choose your provider — Compare rates above and pick the one with the best AUD to PHP rate.
- 2Create a free account — Most providers take under 5 minutes to verify your identity.
- 3Enter your recipient's details— You'll need their bank account number and routing information.
- 4Pay and track — Fund your transfer and track it in real time.