Sending Money To Philippines? - Which Companies are Best Value?
Here is a comparison of total amounts sent for 1000 GBP:
Transferwise: 70912.19 PHP
OrbitRemit: 70795.82
Remitly: 69910.10 PHP
Azimo:: 69824.17 PHP
World Remit: 69615 PHP
Western Union: 68729.64 PHP
The winner is Transferwise, with OrbitRemit a close second. Western Union is the worst value. Of course USD or other currencies may be different. Can someone in the USA do a similar comparison for USD?
Furthermore Transferwise is the only company from above that INCLUDES the fees in the calculation, rather than adding the fees at the end in order to trick you into thinking the rates are better than they are!