How to send money to Philippines from Denmark with the best DKK-PHP rate

Always compare ways to send money from Denmark to the Philippines to get the best options for fees, speed, and reliability.

Right now, for DKK/PHP

• Wise is our top pick for sending DKK to PHP. Sending 50,000 DKK to Philippine Pesos will cost you kr347.73 in fees, and you will receive 465,186.16 PHP. The delivery time is next day.

• Cheapest way to send money to the Philippines from Denmark is with Paysend. The cost is made up of a fee of 0 DKK and an exchange rate for buying Philippine Peso with Danish Krone that is 0.19% different to the mid-market rate.

• Fastest way to transfer money from Denmark to Philippines is with Taptap Send

Our analysis included 7 providers that operate between Denmark and Philippines.

Through this, you get a comprehensive view of all the options you have in Denmark when you need to send money to the Philippines.

The exchange rate determines how many DKK the recipient will get in Philippines when you send Danish Krone.

Today, the average exchange rate between Danish Krone and Philippine Peso is 9.355. The company offering the best exchange rate is Wise.

The DKK-PHP rate fluctuates constantly, so timing your transfer to the Philippines can help you save a lot of money.

The total cost of sending money to Philippines from Denmark is a mix of the mid-market, exchange rates and transfer fees.

• The Mid-Market and Exchange Rates: The mid-market for DKK-PHP is 9.355 PHP per Danish Krone.

• Fees: When sending money there may be additional fees. Paysend offers the lowest fee of the 7 providers tested, costing 0 DKK per transfer (based on kr50,000 transferred).

• Amount Received: When comparing providers, the best measure is the amount of Philippine Peso eventually received in the Philippines.

Sometimes, waiting a day or two can help you get more PHP for the same amount of DKK. You can also opt for a forward contract to lock in rates between Denmark and the Philippines.

A bank transfer is the most cost effective option for sending money from Denmark to the Philippines.

Here are all the ways to send money from Denmark to Philippines:

Bank transfers

The default option for sending money from Denmark to the Philippines is often a bank transfer.

Using a money transfer company, such as TorFx for transfers from Denmark to the Philippines, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


Debit and prepaid cards

Sending money from Denmark to the Philippines with a prepaid or debit card is easy with Wise.


Wise is a leader in accepting card payments for transfers between Denmark and the Philippines.

Credit cards

When it comes to international credit card transfers from Denmark to the Philippines, we recommend comparing your options to get the best deal.

Always choose providers that are regulated by financial authorities to ensure funds are safe when transferring from Denmark to Philippines.

If you don’t know what the key regulatory bodies for money transfers are between Denmark and the Philippines, please refer to our directory of financial regulators worldwide.

Some services have limits on how much you can transfer from Denmark to the Philippines. This applies when receiving money in the Philippines as well.

Different companies will offer different rates or lower fees for different transfer amounts.

For example, we recommend using Wise if you need to send large amounts of DKK to Philippines.

This being said, always check with the recipient and understand any declarations needed on large amounts of money leaving Denmark, or entering Philippines.

There are different ways to receive money in the Philippines. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account.

If you (or the recipient) want a direct transfer to your bank account, Wise is the best money transfer company for bank transfers between Denmark and Philippines.

And if you need cash right away, check if cash pickup is an option for transfers between Denmark and Philippines.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Paysend.

When you're sending or receiving money between Denmark and the Philippines, you have to be ready to show some ID.

The exact documents you need might vary. Usually in Denmark this will be a government ID like a passport or driver's license. This will be similar if you need to open an account or collect cash in the Philippines.

If you're making a big transaction between Denmark and the Philippines, a provider may ask you for proof of address or may want to know where your money comes from.

Wise is a great option for sending from Denmark as the sign up process is pretty straightforward, even for larger transactions.

When sending large amounts of money between Denmark to the Philippines there will be tax implications to consider.

Some DKK-PHP transfers may need to be reported to tax authorities, particularly where inheritance or property sales are involved.

Tax limits and personal allowances differ in the Philippines based on age, income and a few other elements. When in doubt, please contact a tax professional in Denmark or Philippines to discuss your personal circumstances.