Send Money From India To Philippines in Just 5 Steps

Advanced online remittance platforms have streamlined the overseas transaction process in recent times. Just a few simple steps with minimal formalities, and you can instantly send money from India to the Philippines at a minimum transaction fee and live foreign exchange rates.  

The movement of people from India to other foreign countries, such as Canada, the USA, the UK, New Zealand, Germany, and other European nations has remained steady for the past few decades. Other than traveling abroad for a fresh start and to pursue higher education, vacationing in foreign destinations has become a trend as well. Frequent transcending of the border has accelerated the movement of money overseas as well. While the USA and UK still stand as the top countries for cross-border remittances in India, South-Asian nations like the Philippines is not much behind.

In recent years, a trend has emerged among Indian students to travel to the Philippines for higher education, especially to get an MBBS degree. The country is also one of the top tourist destinations for Indians, considering the affordable tour packages and flight fare. All of that culminates in a substantial amount of cross-border payments and transactions between India and the Philippines almost regularly for diverse reasons. But how does one send money from India to the Philippines?

Send Money India to the Philippines: Cross Border Remittance

Multiple methods are being used by people to send money to the Philippines for personal, business, or travel reasons. Here are a few options to try:
Here are a few options to try:

  • Online Remittance Platforms 

    Online remittance platforms like the leading RemitOnTime, specifically process overseas transactions at an affordable transaction fee and competitive exchange rates. These platforms are secured by sophisticated encryptions with advanced mechanisms that process the payment any time anywhere in an instant, with minimal risk of transaction failure.

  • Wire Transfer 

    A wire transfer or SWIFT (Society for Worldwide Interbank Financial Telecommunication) is one of the most convenient ways of sending money from India to the Philippines or any country. Wire transfers might be hailed as a safe method, but it might take up to 24 hrs for the transaction to process and reflect in the recipient’s account. The downsides of SWIFT transactions are the imminent risk of transaction failure and the high charges levied against each transaction.

  • Demand Draft 

    One of the oldest and simplest ways to send money abroad is the practice of demand draft has somewhat lost its popularity with the increased use of SWIFT and remittance platforms. Nevertheless, it is still quite effective in cross-border processing funds. The sender from India has to fill-up a demand draft form with all details about the transaction. Post-receiving, the recipient can encash the draft or get the amount transferred to his/her account through the bank. However, it being a time taking process is the only downside of demand draft.

  • E-Cheque 

    E-Cheque can be sent to people outside of the country with an international bank account. One has to fill-up a form via the online portal of a bank, and the money gets transferred in 5-7 business days.

Considering all the options that a person residing in India has to transfer funds in the Philippines, the outward remittance platforms seem to be the most convenient option, owing to their simplicity. We will further elaborate on the money transfer process below, keeping RemitOnTime a reference to illustrate the mechanism.

Funds Transfer From India To Philippines through Digital Remittance Platform 


Digital outward remittance platforms have a cutting-edge infrastructure that allows one to send money from India to the Philippines cost-effectively and instantly. Here’s how RemitOnTime works:

Step 1

The user has to register/sign-up at RemitOnTime, an intuitive outward remittance platform for cross-border transactions.

Step 2

Post-registration, the user has to provide the essential details, without which the transactions cannot be processed.

Step 3

The user has to complete the KYC and AML formalities by furnishing ID proof and other necessary documents. RemitOnTime requires minimal documentation, saving the user from the hassle of extensive KYC processes.

Step 4

In this stage, the user has to add the name and details of the beneficiary/recipient residing in the Philippines.

Step 5

The user can initiate funds transfer after checking the live foreign exchange rate of INR to Peso and the transaction fee (the lowest charges in the industry). The enhanced security and overall architecture of the platform ensure that the amount reaches the beneficiary fast and safely.

Digital remittance platforms like RemitOnTime, have emerged as an affordable and less time-consuming alternative to traditional methods, with more people availing the services to experience a convenient and seamless transaction.

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