I use BookMyForex fund transfer services for my US university tuition and living expenses from India because they offer the best exchange rates.
App to Send Money to Philippines
Send money to Philippines from India 24x7 via the BookMyForex App at the lowest guaranteed rates. Enjoy secure, same-day international transfers right from our app through our trusted partner banks, with zero transfer charges and savings of up to 5% compared to standard bank rates on every foreign money transfer.
Philippines Money Transfer App (Guaranteed Lowest Rates)
Whether it's for university fees, medical expenses, a heartfelt gesture, funding your GIC/ blocked account, or any other purpose, the BookMyForex App makes transferring money from India effortless.
Download the app and transact with ease, right from your smartphone!
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Secure International Cash Transfer to Philippines Rates
Check out today's money transfer live rates:
Forex Rates LIVE
- Fast. Online. Secure. Same-day transfers via trusted banks.
- Lowest Guaranteed Rates Zero hidden charges.
- Remittance Expert by Your Side Expert guidance from planning to payment.
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Remit Money from India to Philippines with the BookMyForex Money Transfer App
The India-Philippines corridor is driven by business, education, and a growing Indian professional presence in Manila and Cebu. Money moves in PHP for company costs, tuition, rent, and support to family and colleagues on the ground.
Bank wires to the Philippines are slow and expensive, adding a 1.5-2.5% exchange margin on top of flat SWIFT fees that rarely appear upfront.
The BookMyForex App removes that friction with live interbank PHP rates, zero markup, zero transfer charges, and prompt processing, all routed through RBI-authorised partner banks under full FEMA compliance.
For Philippines-bound payments, the app captures the recipient's account number and the bank's SWIFT code, the details local banks require since the Philippines does not use IBAN, so beneficiary setup is right the first time. From PHP 700 to PHP 70,000, your money arrives faster and cheaper, with a rate lock of up to three working days for time-bound dues.
Why Trust Us
BookMyForex - India’s Leading Forex Marketplace
Buy & sell forex online - order foreign currency notes, get forex cards, and send money abroad. Same-day doorstep delivery available in 65+ cities across India. Grab up to ₹7,500 cashback on forex card/currency notes and up to ₹15,000 on education related international money transfers!
$1.7 Billion+ exchanged
6.5 Lakh+ customers
5,000+ banks & money changers partnered
How to Send Money Abroad from India to Philippines Using the BookMyForex App
The BookMyForex App for Android and iOS makes it incredibly simple to send money internationally from India to Philippines. Whether you're supporting family overseas, paying university fees, or sending money abroad for any other purpose, just follow these steps:
- Navigate to the Transfer SectionOpen the BookMyForex app on your smartphone. On the bottom navigation bar, tap on the Transfer option located at the bottom right of the screen.
- Select Currency and Enter the AmountChoose Currency from the currency list, enter your INR amount, and view the live rate instantly. Use "Book Now" to lock in a rate for up to three working days.
- Enter Your Personal Details & Add Recipient DetailsFill in your PAN number, full name, date of birth, and address. Then add your recipient's bank details like account number, routing number, bank name, and SWIFT code.
- Upload DocumentsUpload your KYC and purpose-specific documents fully online (listed below), no branch visits or physical paperwork required.
- Make PaymentPay via UPI or net banking. Education transfers are processed same-day; all others within 12-48 business hours.
- Track Your TransferTrack your transfer live until funds are credited to the recipient's bank account.
Best Way to Send Money to Philippines? BookMyForex App! Faster, Cheaper, Simpler
- Best Rates, GuaranteedInterbank-linked rates, zero hidden charges, Lowest Rate Guarantee*
- 24x7 Online BookingSend money easily 24x7 via our website or app
- Quick Transfer Funds received abroad in as little as 6 hours
- Send Money WorldwideRemit funds to over 150 countries
- Rate Lock-In FeatureLock in desired rates for up to 3 days
- On-Call & Online SupportAssistance available via phone and chat
Safety First: How BookMyForex Protects Your Money
- Trusted Banking PartnersExclusive tie-ups with top banks in India like RBL and Instarem
- Advanced-Data EncryptionBank grade encryption to protect your data
- Secure Payment GatewaysSecure payment acceptance and routing via reputed payment gateways
BookMyForex International Money Transfer Statistics
Recent activity
- CAD 5,500 sent to Canada from Delhi for family maintenance
- NZD 8,765 sent to New Zealand from Bangalore for a personal transfer
- USD 2,152 sent to United States of America (USA) from Bangalore for education fees
- SGD ▼ weakened by 0.5% against Indian Rupee (vs yesterday, 21 Oct 2026)
- GBP ▲ strengthened by 0.0747% against Indian Rupee (vs last week, 15–21 Oct 2026)
Source: Indicative transaction trends
Popular Destinations for Money Transfer to Philippines
India-to-Philippines transfers are led by Metro Manila, the country's business and education centre. It takes the largest single share, covering company funding, tuition, and living costs.
Cebu and Davao follow, both rising hubs for IT and medical education. Quezon City and Makati see steady flows toward office rent, salaries, and student housing.
Iloilo and Baguio add smaller but regular volumes, often tied to university intakes and outsourcing-office expansions across the islands.
Purposes for Which You Can Transfer Money from India to Philippines with the BookMyForex App
As per RBI's Liberalised Remittance Scheme (LRS) Indian residents can send up to USD 2,50,000 per financial year for a wide range of purposes. Here are the key purposes allowed:
- Payments to any Individual Living Abroad
- University Fee Payments
- Investment in Foreign Stocks and Equities
- Funds Transfer for Emigration and Foreign Employment
- Medical Treatment Abroad
- Gifts and Donations Abroad
Best App to Send Money from India to Philippines
BookMyForex App Wire Transfers are the easiest and most affordable option to send money abroad from India to over 150 countries. Enjoy the speed and convenience of sending money directly from your mobile to your foreign account. Read more to discover everything about wire transfers .
Top Countries for Sending Money from India using the BookMyForex App
Comparison: BookMyForex App vs. Other Ways to Send Money from India to Philippines
Feature
Exchange Rates
Fees & Charges
Transfer Speed
Countries Supported
Rate Lock-In
Availability
Money Transfer via BookMyForex
Interbank-linked best rates; save up to 5%
Just ₹320 + GST bank fee and ₹1,180 Nostro charges, with no hidden charges
Same-day (education, as fast as 6 hrs); 12-48 hrs
150+ countries worldwide
Lock in rates for up to 3 days
24/7 online booking via website & app
Online Remittance Providers
High markups (up to 5%), limited transparency
Variable transfer fees based on the amount and currency, going up to ₹7,500 per transaction
3-7 working days (minutes for cash pickup in some corridors)
Limited to select corridors
Not as flexible
Subject to banking hours, currency and payment method.
Bank Wire Transfer
2-4% markup over base rate
₹1,500–₹2,000 Bank Fee + GST + Additional Nostro Charges depending upon currency
3-5 working days
Most countries via SWIFT
Not available
Limited to bank hours
Documents Required for International Wire Transfer from India to Philippines
The documents required for your international wire transfer depend on the purpose of remittance. Three documents are mandatory for all transfers:
- PAN card
- KYC and Address Proof (Aadhaar / Passport / Voter card)
- Outward Remittance Application (A2 cum LRS Declaration)
Additional documents by purpose:
Required Documents:
• Admission letter / University offer letter
• Student's valid passport (if remitter is a close relative)
• Admission letter / University offer letter
• Student's valid passport (if remitter is a close relative)
How Money Is Received Overseas in Philippines Using the BookMyForex App
Most recipients bank with BDO, BPI, Metrobank, or Landbank. Digital wallets such as GCash and Maya are widely used for smaller sums. A direct bank credit is the standard route for larger amounts.
The money lands straight into the recipient's account in pesos, ready for rent, fees, salaries, and bills with no second conversion. InstaPay and PESONet move it nationwide quickly.
TCS on International Money Transfers from India to Philippines with the BookMyForex App
As per the Union Budget 2026, Tax Collected at Source (TCS) applies to outward remittances under LRS based on the purpose and amount of transfer. Here are the applicable TCS rates:
● Education via education loan: 0% TCS (any amount)
● Self-funded education & medical treatment: Nil up to ₹10 lakh; 2% above ₹10 lakh
● All other outward remittances: Nil up to ₹10 lakh; 20% above ₹10 lakh
Note: TCS is not a final tax, it can be claimed as credit when filing your ITR. BookMyForex auto-calculates applicable TCS at checkout so there are no surprises.
Know More About TCS →
Different Purposes Why Indians Send Money Overseas to Philippines with the BookMyForex App
Purpose of Money Transfer
Description
Business Payments
Fund BPO and IT operations, pay local staff, and settle vendor invoices with compliant documents.
Higher Education
Pay tuition and hostel fees to medical and IT universities in Manila, Cebu, and Davao.
Family Maintenance
Support family and colleagues in Manila or Cebu for rent, bills, and daily needs.
Employment & Living Costs
Cover deposits and moving costs when relocating staff to hubs like Makati or Quezon City.
Medical Expenses
Fund private treatment at Philippine hospitals and specialist clinics.
NRE/NRO Repatriation
Move funds from your NRE or NRO account to a Philippine bank account with little friction.
Travel & Long-Term Stay
Top up for longer trips, training programmes, and family visits, all from the app.
BookMyForex International Wire Transfer Testimonials
As a senior citizen, I was anxious about completing the transaction, but BookMyForex guided me patiently. The funds were credited to my son's account super fast!
Great remittance platform with prompt service. I hit a few initial hiccups, but the team resolved everything quickly. Overall, an excellent experience!
BookMyForex is transparent, safe, and easy to use. The team is highly experienced, providing fast transfers, the best exchange rates, and minimal bank fees.
Great service, fast transfers, and good rates. Their team explained everything over the phone and made the whole process easy!
Sanjay Tripathi
No hidden charges, Easy to use, Excellent Order Tracking, Best Exchange Rate
Pratyaksh
Smooth and Easy Online Process
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