Still wondering how to save money on exchange rates and transfer fees when looking for the best way to transfer money to Philippines from Nigeria?
If you think traditional banks offer the best value, think again. Banks often charge high fees and offer poor exchange rates, which means you lose more of your hard-earned money with each transaction.
Thankfully, there’s a smarter way — using TransferXO. With TransferXO, you get access to low-cost, fast, and reliable money transfers without the hidden fees or unfavorable exchange rates that come with conventional methods.
In this guide, we’ll walk you through the best way to transfer money to Philippines using TransferXO.
Whether you’re sending US$1,000, US$10,000, or even US$100,000, TransferXO ensures that more of your money reaches your loved ones.
To make this even easier, we’ll compare the true cost of sending money using traditional banks versus TransferXO, so you can see the savings for yourself.
Let’s dive in and show you why TransferXO is the best way to transfer money to Philippines.
Related: How to Pay Canada visa fee in Nigeria with TransferXO Debit Card
Best Way to Transfer Money to Philippines
Transferring money to the Philippines can be made from anywhere in the world. There are several money transfer methods that offer minimal risks, low cost, and easy-to-use interface.
However, before we dive into the tools, it’s important to know the best way to transfer money to Philippines.
1. Traditional Bank Transfers
This is the oldest method for international money transfers. You visit a bank or use online banking to initiate a wire transfer.
Pros:
- Trusted and secure.
- Suitable for large transactions.
Cons:
- High transfer and exchange rate fees.
- Slower processing time (1–5 business days).
- Hidden charges from intermediary banks.
2. Money Transfer Service Providers
Online platforms like Wise, Remitly, Western Union, and WorldRemit allow you to send money through apps or websites.
Pros:
- Faster than banks (some transfers complete in minutes).
- More affordable fees.
- Multiple delivery options: bank deposit, cash pickup, mobile wallet.
Cons:
- Transfer limits may apply.
- Requires stable internet connection.
- Some platforms charge more for express options.
3. Mobile Wallet Transfers
This method uses digital wallets like GCash and PayMaya, popular in the Philippines. You can send money directly to these wallets.
Pros:
- Very fast and convenient.
- Low transaction fees.
- Widely used by locals in the Philippines.
Cons:
- Both sender and receiver must use compatible wallets.
- Limits on maximum amount per transaction.
4. Cryptocurrency Wallet Transfers
You can send cryptocurrencies (like Bitcoin or USDT) using wallets such as Trust Wallet or MetaMask. The recipient can convert the crypto into pesos.
Pros:
- Fast and decentralized (no middlemen).
- Low fees and global reach.
Cons:
- Crypto price volatility.
- Requires crypto knowledge.
- Extra step to convert crypto to cash.
5. TransferXO (Best Overall Option)
TransferXO combines the advantages of traditional and modern systems, offering an all-in-one app for fast, secure, and affordable transfers from Nigeria to the Philippines.
Why It’s Great:
- Low fees and no hidden charges.
- Excellent exchange rates, better than banks.
- Fast processing time — often same-day delivery.
- User-friendly app — simple steps to sign up, fund wallet, and send money.
- Safe and secure with encryption and transaction tracking.
Best For: Anyone looking for a reliable, affordable, and transparent way to send money from Nigeria to the Philippines without the stress of delays or extra costs.
Related: How to Pay for IELTS in Nigeria with TransferXO Debit Card
Why TransferXO Is the Best Way to transfer Money to the Philippines
When it comes to the best way to transfer money to Philippines, TransferXO stands out as your go-to solution for fast, secure, and budget-friendly transactions.
Whether you’re supporting loved ones, paying for services, or managing business transfers, TransferXO delivers a seamless experience with user-first features built for convenience and reliability.
With a focus on cross-border payments, TransferXO offers a superior way to send money to the Philippines, featuring:
- Multiple Funding Options: Easily fund your wallet using Naira or crypto options like Bitcoin, USDT, or USDC — making it flexible and accessible for everyone.
- Fast Transfer Speeds: Enjoy lightning-fast transfers with most transactions processed in under 10 minutes — no unnecessary waiting.
- Low Fees & Great Exchange Rates: TransferXO helps you save more with highly competitive exchange rates and ultra-low transfer fees, ensuring your recipient gets more every time.
- User-Friendly Interface: The TransferXO app is easy to navigate, even for first-time users. Send money in just a few taps.
- Available Every Day: With 24/7 availability, you can send money any time — weekends, holidays, or after hours.
Whether personal or business, TransferXO makes international payments to the Philippines stress-free, affordable, and reliable.
Related: How to Pay for Spotify in Nigeria with the TransferXO Debit Card in 6 Easy Steps
How to transfer money to Philippines from Nigeria using TransferXO debit card
The best way to transfer money to Philippines has never been easier, faster, or more secure — thanks to TransferXO.
Whether you’re supporting loved ones, handling business payments, or paying for services, TransferXO allows you to send funds directly using your debit card with ease.
Follow these simple steps to get started:
1. Download the TransferXO App
- Available on the Google Play Store (Android) and Apple App Store (iOS).
- Download and install the app to get started with your international transfers.
2. Sign Up and Verify Your Account
- Create a new account using your email and phone number.
- Complete your KYC verification by uploading a valid ID and a selfie.
- Verification is quick and ensures your transactions are safe and secure.
3. Add and Link Your Debit Card
- Go to your Wallet or Payment Settings.
- Select “Add New Card” and input your new TransferXO debit card details.
- This card will be used to fund your transfers directly — no wallet top-up needed.
4. Start a New Transfer
- From the dashboard, tap on “Send Money”.
- Choose “International Transfer” as your transfer type.
- Select Philippines (PHP) as the destination.
5. Enter Recipient Details
- Input the recipient’s full name, bank name, account number, or mobile wallet info (if applicable).
- Double-check the details to avoid transfer errors or delays.
6. Enter Amount and Confirm Payment
- Input the amount you wish to send.
- Select your debit card as the funding method.
- Review the exchange rate and fees — TransferXO always displays transparent pricing.
- Enter your 4-digit PIN to confirm the transaction.
7. Transaction Complete!
You’ll get an instant notification once the transfer is successful.
Your payment is processed immediately.
The recipient will receive the money within minutes, depending on the local bank or wallet network.
Related: How to Pay Electricity Bills Online with TransferXO Debit card
Tips For Transferring Money to the Philippines
Transferring money internationally can be simple — but only if you choose the right platform and follow the right steps.
With TransferXO, the best way to transfer money to Philippines becomes easier, safer, and more cost-effective. Here are some important tips to help you get the most out of your experience:
- Choose a Trusted Provider Like TransferXO: TransferXO specializes in cross-border payments and is designed to meet the needs of Africans sending money abroad — including to the Philippines. With a growing reputation for speed, security, and transparency, it’s a reliable choice.
- Compare Fees and Exchange Rates: TransferXO offers highly competitive exchange rates and ultra-low fees, especially compared to traditional banks. But it’s always wise to compare rates in real time before making a transfer — this ensures you’re getting the best value for your money.
- Speed Matters: Most transfers with TransferXO are completed quickly, often within minutes to a few hours. However, during public holidays or banking delays, it’s good to plan ahead. Always initiate your transfers early to avoid unexpected delays.
- Prioritize Security: TransferXO uses strong encryption, two-factor authentication, and other security measures to protect your funds and data. Make sure you set a strong PIN and never share your login credentials.
- Track and Confirm Transactions: The TransferXO app lets you track your transfer status in real time, so you’re never left guessing. Always double-check the recipient’s details before confirming the transaction.
FAQs
Can I use my TransferXO debit card to send money to the Philippines?
Yes! TransferXO allows you to link and use your debit card to fund international transfers, including to the Philippines. It’s secure, fast, and eliminates the need for manual wallet top-ups.
How long does it take for money sent to the Philippines via TransferXO to be delivered?
Transfers to the Philippines are usually completed within minutes. In some cases, depending on the bank or mobile money provider, it may take up to a few hours, but most transfers are near-instant.
What’s the cost of sending money to the Philippines with TransferXO?
TransferXO offers transparent pricing with low transfer fees and competitive exchange rates. Fees vary depending on the amount and funding method, but there are no hidden charges.
Is TransferXO safe for international transactions?
Absolutely. TransferXO uses bank-level security encryption, two-factor authentication (2FA), and real-time notifications to ensure every transaction is protected. Your data and money are in safe hands.
Conclusion
Whether you’re in Nigeria, transferring money to the Philippines has never been easier — and TransferXO makes it even better.
In this guide, we’ve explored the different ways to send money, but TransferXO stands out for its unbeatable combination of speed, low fees, secure transactions, and user-friendly interface.
For anyone seeking a reliable and cost-effective way to transfer money to the Philippines, TransferXO is the smart choice.