How to make international payments to the Philippines

The costs of making international payments to the Philippines can be relatively high as most banks charge considerable transfer fees and offer uncompetitive foreign exchange rates. Using RationalFX to process such transactions however reduces the costs of international payments as we offer a competitive rate of exchange for the Philippine Peso and low fee online money transfers.

The Philippines national economy is the 46th largest in the world. It’s primary exports include semiconductors and electronic products, transport equipment, garments, copper products, petroleum products and fruits. If your business requires you to make international payments to the Philippines chose RationalFX as the agent through whom you make these transactions.

In our aim to help minimise the outgoings of international companies we offer competitive exchange rates with low transfer fees.

By using our service you will also be able to simplify the process of international payments, making these convenient and time efficient transactions. The online service means that you can skip the visit to the bank and make the payment from any location 24/7.

Maybe you wish to make an international payment to Development Bank of the Philippines or perhaps to Banco de Oro? Whichever bank you desire to send your payment to selecting RationalFX is a great choice to reduce the costs of such transactions.

The process of making international payments with RationalFX is really straightforward. Once you open an account simply follow the registration process, provide us with the details for the transfer and make your payment.

The details required:

1.     The bank/card details you are transferring from

2.     The bank account details you wish to transfer to

3.     The SWIFT and IBAN code

You have the assurance that your international payments with us are safe as we are an FSA authorised payments institution regulated by HM Revenue & Customs (for further details see our security details).

Make international payments to the Philippines now or register for an account to benefit from lower costs and a fast and simple to use service for your international payment.

Along with our online service we also provide a choice of FX services to make foreign exchange payments easier and tailored to the individual customer.

For more information give us a ring on +44 (0) 20 7220 8181 to discuss your options with one of our dedicated dealers.