How to send money to Saudi Arabia from Philippines with the best PHP-SAR rate

Comparing providers offering services between the Philippines and Saudi Arabia, based on your specific needs is the best way to send money with confidence.

Right now, for PHP/SAR

• Wise is our top choice for PHP to SAR transfers. Sending 14,700 PHP to SAR will cost you ₱610.27 in fees, and you will receive 863.19 SAR. The delivery time usually is next day, but it depends on the day you make the transfer.

• Wise offers the lowest cost transfers of the 4 compared. Data collected for transfers between the Philippines and Saudi Arabia over the past week shows that Wise is 5.87% cheaper than the second-best option.

• Of 4 companies compared, PayPal App (P2P Transfer) offers the quickest way to send Philippine Pesos to Saudi Arabia is with minutes. When speed matters, PayPal App (P2P Transfer) is our recommended choice for sending into Saudi Arabia from Philippines.

Our comparison includes 4 companies that provide the ability to send Philippine Peso to Saudi Arabia.

This ensures you get the best options for transfers to Saudi Arabia from the Philippines, based on the amount you want to send.

The exchange rate determines the price you’ll pay for Saudi Riyal when sending Philippine Peso to Saudi Arabia.

The rate between the Philippine Peso and Saudi Riyal is currently 0.0611.

The total cost of money transfers from Philippines to Saudi Arabia is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.

• The Mid-Market and Exchange Rates: The mid-market rate for PHP-SAR is currently 0.0611 SAR per Philippine Peso. Providers offering services closer to this rate will ensure more Saudi Riyal for your Philippine Pesos.

• Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Wise, charging 610.27 PHP per transfer. In all cases, we recommend searching for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount eventually received in Saudi Riyal. Simply, the higher the amount received in the Philippines, the lower the cost of sending from Saudi Arabia.

Sometimes, waiting a day or two can help you get more SAR for the same amount of Philippine Peso. Using a forward contract that also allows you to lock in an agreed exchange rate between the Philippines and Saudi Arabia.

Sending money via a bank transfer is the recommended option for sending money from the Philippines to Saudi Arabia.

Here are all the ways to send money from Philippines to Saudi Arabia:

Bank transfers

Paying via a bank transfer is often the better option for sending money from the Philippines to Saudi Arabia.

By using a money transfer company such as Wise for transfers from the Philippines to Saudi Arabia, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money from the Philippines to Saudi Arabia with a debit or a prepaid card is easy with Western Union Agent.


Western Union Agent is a one of the better options in the market for international debit card transfers from the Philippines to Saudi Arabia.

Credit cards

Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone (especially with high cash advance fees).

We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

Some services between the Philippines and Saudi Arabia have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in Saudi Arabia as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to Saudi Arabia, use Wise. The combination of rates and fees when sending from the Philippines to Saudi Arabia is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving the Philippines, or entering Saudi Arabia. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive Saudi Riyal in Saudi Arabia. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from the Philippines to Saudi Arabia will offer every method for incoming Saudi Riyal, so it’s best to check ahead of time.

One of the more common ways to transfer from the Philippines into Saudi Riyal is directly into a bank account. Wise is the best company for bank transfers between Philippines and Saudi Arabia.

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

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 Wise.

When signing up to and sending Philippine Peso to Saudi Arabia, through a money transfer company, you will have to verify your ID.

The precise documents you need will vary and in some cases you will need more than one.

For the most part however, in the Philippines this will be a government issued ID such as a passport or driver's license. In Saudi Arabia it will be similar, although this should only be needed if you are opening a new account in Saudi Arabia, or collecting in cash. Sending to an existing bank account in Saudi Arabia shouldn’t require any additional ID checks.

Large transactions between Philippines and Saudi Arabia, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons Wise has scored so highly for transfers to Saudi Arabia is their easy sign up process in the Philippines.

When sending large amounts of money between Philippines and Saudi Arabia there will potentially be a tax declaration to consider.

Some transfers into Saudi Riyal may need to be reported to tax authorities in Saudi Arabia, particularly where inheritance or property purchases are involved.

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