PHP payouts · mid-market rate
Send USD to the Philippines, at the mid-market rate.
Pay out to a bank account in Philippine pesos (PHP) from a US-dollar account in your own name. You see the fee and the exact amount your recipient gets before you send.
See the 109 banks we pay out to ↓
Reviewed · Estimated rate, as of Oct 16, 2026, 09:23 AM UTC · by Joyce Chin, Chief Operating Officer & Compliance Officer
Estimate a payout
estimate
They receive
≈ ₱62,444.80
- AED — UAE dirham
- ARS — Argentine peso
- AUD — Australian dollar
- BDT — Bangladeshi taka
- BOB — Bolivian boliviano
- BRL — Brazilian real
- CAD — Canadian dollar
- CHF — Swiss franc
- CLP — Chilean peso
- CNY — Chinese yuan
- COP — Colombian peso
- CRC — Costa Rican colón
- CZK — Czech koruna
- DKK — Danish krone
- DOP — Dominican peso
- EGP — Egyptian pound
- EUR — euro
- GBP — British pound
- GHS — Ghanaian cedi
- GTQ — Guatemalan quetzal
- HKD — Hong Kong dollar
- HNL — Honduran lempira
- IDR — Indonesian rupiah
- ILS — Israeli new shekel
- INR — Indian rupee
- JMD — Jamaican dollar
- JOD — Jordanian dinar
- JPY — Japanese yen
- KES — Kenyan shilling
- KRW — South Korean won
- LKR — Sri Lankan rupee
- MXN — Mexican peso
- MYR — Malaysian ringgit
- NGN — Nigerian naira
- NOK — Norwegian krone
- PEN — Peruvian sol
- PHP — Philippine peso
- PKR — Pakistani rupee
- PLN — Polish zloty
- QAR — Qatari riyal
- RON — Romanian leu
- SAR — Saudi riyal
- SEK — Swedish krona
- SGD — Singapore dollar
- THB — Thai baht
- TRY — Turkish lira
- TZS — Tanzanian shilling
- VND — Vietnamese dong
- ZAR — South African rand
No matches
1 USD = 62.9801 PHP
Estimated mid-market rate, as of Oct 16, 2026, 09:23 AM UTC. The fee comes out of the amount you send, so the recipient gets the rest. The exact amount is shown before you confirm.
Exchange rate
62.9801
PHP per US dollar — the mid-market rate with no markup, shown before you send.
Estimated · as of Oct 16, 2026, 09:23 AM UTC
1%
personal + $1.00 fixed
0.75%
business + $1.00 fixed
109
banks we pay out to
$1.02
minimum · up to ₱25,000,000 (about $400,000) per transfer
// worked example
Sending $1,000.00 to the Philippines
You send
$1,000.00
Poplin fee (business)
−$8.50
0.75% + $1.00 fixed
They receive
≈ ₱62,444.80
1 USD ≈ 62.9801 PHP · mid-market, no markup
You send
$1,000.00
Poplin fee (personal)
−$11.00
1% + $1.00 fixed
They receive
≈ ₱62,287.35
1 USD ≈ 62.9801 PHP · mid-market, no markup
Sending $1,000.00 to the Philippines on a business account costs $8.50 and delivers ≈₱62,444.80 at the mid-market rate; on a personal account it costs $11.00 and delivers ≈₱62,287.35.
Estimated at the mid-market rate as of Oct 16, 2026, 09:23 AM UTC; the exact amount your recipient receives is shown before you confirm.
// Rate history
How the USD → PHP rate has moved
Between 15 Oct 2026 – 16 Oct 2026, captured hourly, the rate ranged from a low of 62.9671 to a high of 63.1108 PHP per US dollar; the latest recorded rate, 62.9846, sits in the lower third of that range.
Between 9 Oct 2026 – 16 Oct 2026, captured hourly, the rate ranged from a low of 62.6337 to a high of 63.1108 PHP per US dollar; the latest recorded rate, 62.9846, sits in the upper third of that range.
Between 17 Sept 2026 – 16 Oct 2026, captured daily, the rate ranged from a low of 62.3283 to a high of 63.0761 PHP per US dollar; the latest recorded rate, 62.9846, sits in the upper third of that range.
Between 31 Jul 2026 – 16 Oct 2026, captured daily, the rate ranged from a low of 60.6798 to a high of 63.0761 PHP per US dollar; the latest recorded rate, 62.9846, sits in the upper third of that range.
Mid-market rate, no markup · captured hourly captured hourly captured daily captured daily · as of Oct 16, 2026, 09:09 AM UTC
// the details
Sending USD to the Philippines: the details
| Detail | Value |
|---|---|
| Payout currency | Philippine peso (PHP) |
| Delivery method | Bank transfer over InstaPay, PESONet |
| Delivery time | In real time over InstaPay, within one business day over PESONet — which one a payout uses depends on the bank details your recipient has. Occasionally a banking or payment partner pauses a transfer for a short compliance check. |
| Transfer size | $1.02 minimum · up to ₱25,000,000 (about $400,000) per transfer |
| Exchange rate | Mid-market, no markup (1 USD ≈ 62.9801 PHP) |
| What you need | Your recipient’s bank details in the Philippines — the account name, account number, and any local routing code. |
Every way we pay out to the Philippines
Each network runs on its own schedule. Which one a payout uses depends on the bank details your recipient has.
| Currency | Paid over | Delivery time | Min | Limit | Fee |
|---|---|---|---|---|---|
| PHP | InstaPay · local | real time | $1.02 | Up to ₱25,000,000 | 1% + $1.00 |
| PHP | PESONet · local | next day | $1.02 | Up to ₱25,000,000 | 1% + $1.00 |
| USD | SWIFT | 1–4 days | $35.36 | No limit | 1% + $35.00 |
Fees shown for a personal account.
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
We also pay out to the Philippines in USD over SWIFT (1% + $35.00 on a personal account, 0.5% + $35.00 on business).
You can also open a Poplin account from the Philippines — see every country you can open one from.
Based in the Philippines and paid by clients or platforms abroad? See how to get paid in US dollars there, with your own US account and routing number.
How to send USD to the Philippines
- 1
Open your Poplin account
Sign up and verify your identity. Opening a US-dollar account is free and takes a few minutes.
- 2
Add your recipient in the Philippines
Enter the amount in US dollars and your recipient’s bank details in the Philippines.
- 3
Confirm and send
Review the fee and the amount they’ll receive — both shown upfront — then confirm with your passkey.
Sending USD to the Philippines — FAQ
Speed
How long does it take to send USD to the Philippines?
Payments between Poplin accounts land in seconds, and bank payouts arrive in real time over InstaPay, within one business day over PESONet, depending on your recipient’s bank details. Occasionally a banking or payment partner pauses a transfer for a short compliance check. Poplin tells you when that happens.
Rate
How has the USD to PHP rate moved over this period?
Between 17 Sept 2026 – 16 Oct 2026 the mid-market rate rose 0.38%, with a low of 62.3283 and a high of 63.0761 PHP per US dollar. The rate is captured daily and shown at the mid-market rate with no markup.
Cost
How much does it cost to send money to the Philippines?
A payout to the Philippines in Philippine pesos (PHP) costs 1% plus a $1.00 fixed fee on a personal account, or 0.75% plus $1.00 on a business account. Currency conversion uses the mid-market rate with no markup, and every fee is shown before you confirm.
Sending USD
Can I send US dollars to a bank account in the Philippines?
Yes, over SWIFT. The fee is 1% + $35.00 on a personal account, 0.5% + $35.00 on business — a payout in Philippine pesos (PHP) costs 1% plus a $1.00 fixed fee instead, so a recipient with an account in Philippine pesos usually pays less. Your recipient’s account must accept US dollars.
Safety
Is my money safe while the transfer is processing?
Yes. Your funds sit in your own account and only move when you confirm a transfer with your passkey. Poplin can’t spend, move, or freeze your balance. Occasionally a banking or payment partner pauses a transfer for a short compliance check. A review delays a transfer — it never takes your money.
Banks
Which banks in the Philippines can I send money to?
Poplin pays out to 109 banks in the Philippines. Your recipient needs an account in their own name; enter their bank details when you add them. The list is the one Poplin’s payout provider states and can change.
Account
Can I open a Poplin account in the Philippines?
Yes. The Philippines is one of the countries Poplin can open an account from, so you can both hold US dollars and send to the Philippines. Identity verification applies, and some countries need additional checks; Poplin lists every country it can open an account from on its supported-countries page.
Send USD to other countries
All 191 payout countries →- ARS Argentina
- AUD Australia 1% + $1.00 · same or next day
- BDT Bangladesh 1% + $1.00 · next day
- BOB Bolivia 1% + $1.00 · same day
- BRL Brazil 1% + $1.00 · real time
- CAD Canada 1% + $1.00 · next day
- CLP Chile 1% + $1.00 · next day
- CNY China
- COP Colombia 1.4% + $1.00 · next day
- CRC Costa Rica 1% + $1.00 · real time
- CZK Czechia 1% + $1.00 · same day
- DKK Denmark 1% + $1.00 · same day
- DOP Dominican Republic 1% + $1.00 · same day
- USD Ecuador 1% + $1.00 · same day
- EGP Egypt 1% + $1.00 · same day
- USD El Salvador 1% + $1.00 · same day
- EUR Eurozone 1% + $1.00 · real time to next day
- GHS Ghana 1% + $1.00 · real time
- GTQ Guatemala 1% + $1.00 · same day
- HNL Honduras 1% + $1.00 · same day
- HKD Hong Kong SAR China 1% + $10.00 · real time
- INR India 1% + $1.00 · real time
- IDR Indonesia 1% + $1.00 · real time
- ILS Israel 1% + $1.00 · next day
- JMD Jamaica 1% + $1.00 · next day
- JPY Japan 1% + $1.00 · same day
- JOD Jordan 1% + $1.00 · next day
- KES Kenya 1% + $1.00 · real time to 3 days
- MYR Malaysia 1% + $1.00 · real time to next day
- MXN Mexico 1% + $1.00 · real time
- NGN Nigeria 1% + $1.00 · real time
- NOK Norway 1% + $1.00 · same day
- PKR Pakistan 1% + $1.00 · real time
- PEN Peru 1% + $1.00 · next day
- PLN Poland 1% + $1.00 · same day
- QAR Qatar 1% + $1.00 · next day
- RON Romania 1% + $1.00 · same day
- SAR Saudi Arabia 1% + $1.00 · same day
- SGD Singapore 1% + $1.00 · real time
- ZAR South Africa 1% + $1.00 · next day
- KRW South Korea 1% + $1.00 · real time
- LKR Sri Lanka 1% + $1.00 · same day
- SEK Sweden 1% + $1.00 · next day
- CHF Switzerland 1% + $1.00 · next day
- TZS Tanzania 1% + $1.00 · 2 days
- THB Thailand 1% + $1.00 · real time to next day
- TRY Türkiye 1% + $1.00 · real time
- AED United Arab Emirates 1% + $5.00 · real time
- GBP United Kingdom 1% + $1.00 · real time
- USD United States 1% + $0.50–$20.00 · same day
- VND Vietnam 1% + $1.00 · real time
Personal-account fee and the fastest delivery time — each page lists the networks that country is reached over, the personal and business fee, and, where we list them, the banks we pay out to.
// banks
Banks we pay out to in the Philippines
We can send Philippine pesos to accounts at these 109 banks in the Philippines. The list comes from our payout provider and can change; if your recipient’s bank isn’t here, it may still be reachable — the account details you enter decide the rail.
No banks match that search. These are registered legal names as our payout provider lists them, so a brand or an abbreviation may not appear — try part of the bank’s full name. Your recipient’s bank may also be reachable even if it isn’t listed; the account details you enter decide the rail.
- AL AMANAH ISLAMIC INVESTMENT BANK
- ALLBANK
- Anz Bank
- Asia united Bank
- Banco De Oro
- Bangko Kabayan Inc
- Bangko Mabuhay, Inc.
- Bangko Nuestra Senora Del Pilar Inc
- Bangkok Bank
- Bank Of America
- Bank Of China
- Bank Of Commerce
- Bank of the Philippine Islands
- BDO NETWORK BANK
- BDO PRIVATE BANK
- Binan Rural Bank, Inc
- Binangonan Rural Bank (Brbdigital)
- BOF, INC (A Rural Bank) - Bank of Florida
- BPI Direct Banko, Inc.
- BPI Family Savings Bank
- CAMALIG BANK, INC (A Rural Bank)
- Cantilan Bank, Inc. (A Rural Bank)
- Card Bank Inc
- Cathay United Bank
- CEBUANA LHUILLIER RURAL BANK INC
- China Bank
- China Bank Saving
- CIMB BANK PHILIPPINES INC
- Citibank N.a.
- Cooperative Bank Of Quezon Province
- COUNTRY BUILDERS BANK INC (A Rural Bank)
- CTBC Bank (Philippines) Corporation
- Deutsche Bank
- Development Bank Of Philippines
- Dungganon Bank, Inc.
- East-West Bank
- EastWest Rural Bank
- Entrepreneur Bank
- Equicom Saving Bank, Inc.
- FIRST CONSOLIDATED BANK
- Gotyme Bank Corporation
- Guagua Rural Bank, Inc. (Grbank)
- HSBC
- Industrial And Commercial Bank Of China
- INDUSTRIAL BANK OF KOREA
- INNOVATIVE BANK INC
- Isla Bank, Inc.
- JP Morgan Chase
- KEB HANA
- Laguna Prestige Bank
- Land Bank
- Luzon Development Bank
- Malarayat Rural Bank, Inc.
- Malayan Bank Saving and Mortgage Bank, Inc.
- Maya Bank, Inc.
- Maybank
- MEGA INTL COMML BANK CO LTD (ICBC)
- Metrobank
- Mindanao Consolidated Cooperative Bank
- MIZUHO BANK LTD (Fuji Bank)
- Money Mall Rural Bank, Inc
- MUFG BANK LTD (Bank Of Tokyo)
- Mvsm (A Rural Bank Since 1953),inc
- Netbank (A Rural Bank), Inc.
- OmniPay, Inc.
- Pacific Ace Savings Bank
- Partner Rural Bank, Inc.
- Philippine Bank of Communications
- Philippine National Bank
- Philippine Trust Company
- Philippine Veterans Bank
- Philippines Business Bank
- Philippines Saving Bank
- PNB Savings Bank
- PRODUCERS SAVINGS BANK CORP
- Queen City Development Bank (Queen Bank)
- Quezon Capital Rural Bank
- RANG-AY BANK, INC. (A Rural Bank)
- Rbt Bank, Inc (A Rural Bank), And
- RCBC
- RCBC Saving Bank
- Robinson Bank
- Rural Bank Of Bacolod City, Inc
- Rural Bank Of Bauang, Inc
- Rural Bank Of Digos Inc (Rbdi)
- RURAL BANK OF GUINOBATAN INC (RBGI)
- Rural Bank Of La Paz Inc
- Rural Bank Of Lebak (Sultan Kudarat), Inc.
- Rural Bank Of Montalban Inc
- Rural Bank Of Porac (Pampanga), Inc.
- Rural Bank Of Rosario Inc
- Rural Bank Of Sagay, Inc.
- Rural Bank Of San Leonardo
- Rural Bank Of Sta. Ignacia Inc
- Seabank Philippines , Inc.
- Security Bank
- SHINHAN BANK
- SOUTHEAST COUNTRY BANK, INC. (A RURAL, BANK)
- Standard Chartered
- Sterling Bank of Asia
- SUMITOMO MITSUI BANKING CORP
- Sun Savings Bank, Inc.
- Tonik Digital Bank, Inc.
- Union Bank
- Union Digital Bank Inc
- United Overseas Bank
- Unobank Inc
- WealthBank
- Yuanta Savings Bank Philippines, Inc.
as of September 26, 2026
Send USD to the Philippines.
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