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Currency Exchange in The Philippines

Currency exchange Philippines is a market dominated by banks and legal money exchange bureaus. However, there are black market players that offer higher rates which tend to attract more clients. While this is beneficial for expats, it remains illegal.

Contact A Money Transfer Broker Today

Most of the foreign exchange brokers named on our comparison table will offer you rates that are far better than traditional banks.

As these specialists transfer thousands of Pounds, Euros and Dollars every day they can offer a better exchange rate while still making a very little margin for themselves.

This service will prove particularly important when you:
                  • Make regular payments (Mortgage, Pension, Salary…)
                  • Buy a property abroad
                  • Invest overseas
                  • Emigrate
                  • Transfer large amounts overseas…

Compare the foreign exchange companies and apply through the request form to get the best margins or rates.

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  Margin Margin
description
FSA HM REV
& Customs
Fee Min Currencies Options

Currency Index

Currency Index
0.60% 0.25% - 0.60% (Depending on volume) Yes Yes £7 or £12 - No fee above for transfers above £30,000 No minimum Wide range of major and exotic currencies Bank to Bank Transfers, Spot, Forward contract, Limit or Stop Loss Order

Currency Index is a specialist foreign exchange brokerage, providing fast and secure international transfers for individuals and businesses. Our service is second to none with excellent rates of exchange on a wide variety of currencies and our professional teams of brokers are here to provide guidance.

  • Get A Free Quote Currency Index The Philippines
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TorFX

TorFX
0.70% 0.25% - 0.7% (Depending on volume) Yes Yes £0 on trades above £5,000 £250 37 accounts Spot Contract, Forward Contract,Limit Order, Stop loss Order

TorFX helps individuals and companies who need to make currency transfers, providing bank beating exchange rates, specialist advice and free international transfers as an alternative to using the major banks. 

  • Get A Free Quote TorFX The Philippines
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Ebury Partners

Ebury Partners
0.6% 0.1 to 0.6% depending on volume yes yes £10 on amounts below £5,000 £1,000 51 Accounts Spot, Forward

Ebury Partners is a currency exchange specialist offering the best rates possible - typically savings of up to 4% over what your bank will offer - along with personable, consultative client service. If you’re looking to move money abroad - be it a one-off or regular payment, to buy a home or even emigrate completely - Ebury Partners will save you money and make the entire process as quick and pleasant as possible.

  • Get A Free Quote Ebury Partners The Philippines
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Voltrex

Voltrex
1% 0.1% - 1% (Depending on volume) Yes No £0 £1,000 27 accounts Transfers from and to bank accounts

VFX handles currency conversion for private individuals and businesses, offering a reliable, guaranteed service with the best exchange rates.

 

  • Get A Free Quote Voltrex The Philippines
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World First

World First
1% 0.25% - 1% (Depending on volume) Yes Yes £0 on trades above £5,000 £1,000 (£250 for regular payments) ALL currencies Bank to Bank transfer

World First is one of UK’s leading foreign exchange broker headquartered in London, with further offices in Australia and New Zealand. World First is a privately owned company with no debts or liabilities and a 2A1 Credit rating.

  • Get A Free Quote World First The Philippines
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Moneycorp

Moneycorp
1% 0.25% - 1% (Depending on volume) Yes Yes £0 £3,000 or £250 Regular Payments 76 Currencies Bank to bank - one off or regular payments

Moneycorp specialises in foreign exchange and international payments and can help protect you from adverse currency fluctuations. They can also help you lock into favourable exchange rates, even if you don’t have all the funds available immediately.

  • Get A Free Quote Moneycorp The Philippines
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Guides & Articles for Currency Exchange in The Philippines

Jobs in the Philippines

Although the Philippines is far from being the land of milk and honey, it is a fast-growing industrialized nation. It offers robust opportunities for employment for qualified individuals, especially in the Business Process Outsourcing sector where new positions open up every day. It is important to understand that while the unemployment rate in this country is high, the figures do not reflect a lack of jobs, but rather a lack of competency among the candidates who seek them. Read More >

Jobs in Manila

Manila is considered a cosmopolitan city, and in recent years has attracted a large number of BPO (business process outsourcing) companies. With this, Manila is fast becoming an in-demand contact center hub of Asia. Read More >

Cost of Living in the Philippines

Food in the Philippines is varied and very affordable. In Metro Manila, upscale restaurants dedicated to a specific country's cuisine can cost anywhere between 15 - 40 Euros for two persons while less expensive ones charge from 9 to 15 Euros. A typical on-the-go meal is very cheap, sometimes costing a mere 1 Euro. Groceries worth 25 - 30 Euros are enough for a week's consumption for two persons. In less urbanized areas, prices can be even cheaper. Read More >
More articles & guides for Currency Exchange in The Philippines
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Foreign currency and currency exchange are daily hassles for those living abroad, but with ExpatFinder you can send money through remittance companies and transfer money to your loved ones easily and quickly. Money transfer and foreign currency exchange has never been easier than with ExpatFinder. Learn all about international money transfers and compare to find the best currency exchange rates and more, all the while knowing you are saving money by using the best currency exchange companies with the best rates.

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