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International business payments

Make international business payments and save up to 3x with Wise. Choose from 70+ countries and pay overseas staff or suppliers, with no hidden fees or exchange rate markups.

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 Rate guaranteed (17h)
  • Wire transfer fee

    6.11 USD

  • Our fee

    166.65 USD


Total included fees (0.58%)

172.76 USD

  • You could save up to 764.30 USD

Should arrive by Monday, December 23

Save on exchange rate markups

The cost of your transfer comes from the fee and the exchange rate. Many high street banks offer “no fee”, while hiding a markup in the exchange rate, making you pay more.

At Wise, we’ll never do that. We only use the mid-market exchange rate, and show our fees upfront. This table compares the fees you’d really pay when sending money with the most popular banks and providers, or with us.

How do we select providers and collect this data?
Sending 1,000 USD withRecipient gets(Total after fees)
Wise
58,443.35 PHP
Transfer fee
9.46 USD
Exchange rate(1 USD PHP)
59.0015
Exchange rate markup
0 USD

Cost of transfer
9.46 USD

Western Union
57,687.87 PHP- 755.48 PHP
Transfer fee
0.99 USD
Exchange rate(1 USD PHP)
57.7450
Exchange rate markup
21.30 USD

Cost of transfer
22.29 USD

PayPal
56,264.24 PHP- 2,179.11 PHP
Transfer fee
4.99 USD
Exchange rate(1 USD PHP)
56.5464
Exchange rate markup
41.61 USD

Cost of transfer
46.60 USD

Only pay for what you use

Pay a small, flat fee and percentage

To send money in USD to PHP, you pay a small, flat fee of 7.43 USD + 0.57% of the amount that's converted (you'll always see the total cost upfront). See our transfer calculator.


Fee depends on your chosen transfer type

Some transfer types have different fees which are usually tiny.


No hidden fees

No big fees, hidden or otherwise. So it's cheaper than what you're used to.

Wise
Fees for our low cost transfers
Fixed fee
7.43 USD
Variable feeup to 25,171 USD/month
0.57%
Variable feemore than 25,171 USD/month

Sign up for the fast, easy international business account

No subscriptions, no monthly fees. You’ll always see the fee upfront, and only pay for what you use.

Sign up for the fast, easy international business account that saves you money wherever you want to use it.

Your transfer route

USD
PHP

Should arrive

by Monday, December 23
globe

How to make an international business payment in 3 easy steps

Simple ways to receive international business payments

International payments, in one place

Track your payments, convert money at the mid-market rate to 40+ currencies, or pay your business expenses. All from one account.

Connect your Wise account to platforms like Xero, Stripe and Shopify.

No big fees, hidden or otherwise. So it's cheaper than what you're used to.

Power your business with Wise and our partners

Easily connect to your favorite accounting software and save time on admin.

  • Xero: Powerful, all-in-one accounting for businesses and bookkeepers
  • QuickBooks: Smart, simple accounting software, with no commitment
  • More App Marketplaces: FreeAgent, RECASH and QuickFile

Protecting you and your money

Safeguarded with leading banks

We hold your money with established financial institutions, so it’s separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.

Extra-secure transactions

We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.

Data protection

We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.

Dedicated anti-fraud team

We work round the clock to keep your account and money protected from even the most sophisticated fraud.

Online scams are on the rise. Learn how to stay safe.

Wise works nearly everywhere

  • United Arab Emirates dirham
  • Australian dollar
  • Bangladeshi taka
  • Bulgarian lev
  • Canadian dollar
  • Swiss franc
  • Chilean peso
  • Chinese yuan
  • Costa Rican colón
  • Czech koruna
  • Danish krone
  • Egyptian pound
  • Euro
  • British pound
  • Georgian lari
  • Hong Kong dollar
  • Hungarian forint
  • Indonesian rupiah
  • Israeli shekel
  • Indian rupee
  • Japanese yen
  • Kenyan shilling
  • South Korean won
  • Sri Lankan rupee
  • Moroccan dirham
  • Mexican peso
  • Malaysian ringgit
  • Nigerian naira
  • Norwegian krone
  • Nepalese rupee
  • New Zealand dollar
  • Philippine peso
  • Pakistani rupee
  • Polish złoty
  • Romanian leu
  • Swedish krona
  • Singapore dollar
  • Thai baht
  • Turkish lira
  • Tanzanian shilling
  • Ukrainian hryvnia
  • Ugandan shilling
  • United States dollar
  • Uruguayan peso
  • Vietnamese dong
  • West African CFA franc
  • South African rand

See why customers choose Wise for their international money transfers

It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it. Read our reviews at Trustpilot.com.