Best Ways to Send Money from Malaysia to the Philippines (2025 Update)

Best way to transfer money from Malaysia to the Philippines

🪙 Cheapest to a bank account	WorldRemit
💳 Best with credit card payment	WorldRemit

Malysia and Philippines are separated by the South China, Celebes and Sulu seas, but this doesn’t mean that Filipinos do not cross over to Malaysia for work, business or leisure. As a matter of fact, so many Filipinos work in Malaysia, making Philippines one of the top remittance-receiving countries in Asia. If you’re a Filipino working in Malaysia, there are many ways of sending money back home.

How to send money to the Philippines

Given that so many people work outside the Philippines, many cash transfer services have tapped on the opportunity to help Filipinos repatriate their earnings. These include; banks, e transfer services like InstaRem, TransferWise and Skrill. Each money transfer service is different from the other, so it helps to have credible information on how they compare in the following aspects; speed, affordability, reliability and security.

Which service to use?

When you want to send cash to the Philippines, you’ll be spoilt for choice. Money transfer options include bank transfers and electronic money remittance services. At this moment, we focus on three main services that you can use. These are;

TransferWise

It’s one of the best rated money remittance services when it comes to transferring cash from Malaysia to the Philippines. According to most of its users, TransferWise is one of the most transparent services out there. It scores big in customer support; credibility and security ease of use and provides some of the lowest fees.

It’s the most affordable, with the lowest fees with no markup on the exchange rate. If you are into bank to bank cash transfers or credit cards, TransferWise has your back.

Skrill

Known for its competitive money transfer rates, Skrill is more than a money transfer service. It provides you with a mobile wallet for convenience. With its heritage as an e-commerce company, Skrill understands the needs of its customers. Its major selling point is low fees, fast transfers and enhanced security. You can use the services of Skrill to wire money from Malaysia to the Philippines.

InstaRem

InstaRem, short for Instant Remittances, is a popular choice for those transferring small amounts of cash. Unlike other cash transfer services, it doesn’t charge a fixed fee for remittances. All transfers through InstaRem are based on a small commission, allowing you to send almost any amount of cash. It’s also a transparent money remittance option as it allows users to see how much they will be charged to send any amount of cash they wish to send. When it comes to speed, InstaRem is also a top contender; your recipient can get the money within one business day. On top of that, InstaRem offers more than money transfer; it also provides small and medium enterprises with a range of products and services.

How much does it cost?

Anyone sending cash from one country to the other will be concerned about fees. How much do you part with when sending money from Malaysia to the Philippines? The best news is that most e-tranfer services operating in Malaysia and the Philippines allow you to see their charges and fees upfront. Most are transparent, with no hidden fees. Skrill, InstaRem and TransferWise are among the most affordable money transfer services in Asia. InstaRem charges a commission of between 0.25 and 0.5% of the amount to be transferred, while Skrill doesn’t charge any fee for mobile money and bank transfers. On the other hand, TransferWise fees depend on the amount you’re transferring.

Our advantages

Our aim is to give you the cheapest, most reliable and secure transfer services. With our frequently updated comparison tool, you enjoy the following;

1. Ratings for different money transfer services
2. Tips for the cheapest way to transfer cash
3. Background check on reliable cash remittance service providers

While some services are fast, others are cheap and transparent. When sending cash to the Philippines, you need to analyze the available cash transfer options to pick the one that best suits you.