Canada has one of the largest Filipino communities in the world. Here's how to send money to the Philippines quickly and cheaply from Canada in 2025.
| Service | Fee (on $500 CAD) | Exchange Rate | Speed | Delivery Options |
|---|---|---|---|---|
| Remitly Economy | Free–$2.99 | Excellent PHP rate | 3–5 days | Bank, GCash, cash |
| Remitly Express | $3.99 | Good | Minutes–hours | Bank, GCash, cash |
| Wise | ~$4–$7 | Mid-market | 1–2 days | Bank deposit |
| Western Union | $5–$12 | ~1.5% markup | Minutes | Bank, cash pickup |
| BDO Online | Varies | Bank rate | 1–3 days | BDO account only |
| Bank Wire | $45–$50 | 3–4% markup | 2–4 days | Bank deposit |
In 2025, 1 CAD is approximately 40–43 Philippine Pesos (PHP). The exchange rate fluctuates with global currency markets. Most transfer services apply a small markup of 0.5–3% above the mid-market rate.
Remitly often offers promotional rates for first-time senders, making the first transfer very attractive.
Remitly is generally considered the best for Canada-to-Philippines transfers, offering competitive PHP rates, GCash delivery, and cash pickup options. Wise is a strong alternative for bank transfers.
Yes. Remitly, Western Union, and several other services support direct delivery to GCash wallets. This is often the fastest and most convenient option for recipients in the Philippines.
Remitly allows up to $100 CAD per transfer for verified accounts. Bank wires and Wise can handle larger amounts. The Philippines has no restriction on receiving inward remittances.
Remitly Express: minutes to a few hours. Remitly Economy: 3–5 business days. Wise: 1–2 business days. Bank wires: 2–4 business days.
Most Philippine banks do not charge a receiving fee for international transfers. GCash delivery is also free for the recipient. Some cash pickup agents may charge a small fee.