Corridor CAD → PHP · Canadian dollar to Philippine peso
What does it cost to send Canadian dollars to the Philippines?
On 15 October 2026, the most a recipient in the Philippines got for 1,000 CAD was 44,243.64 PHP via Western Union: a true cost of 4.93 CAD (0.49%) including fee and rate markup. The last of 9 quotes cost 6.82%.
Transfer cost receipt · CAD → PHP
Most to the recipient: Western Union transfer service
- You send
- 1,000.00 CAD
- Upfront fee
- 0.00 CAD
- Amount converted
- 1,000.00 CAD
- Rate given
- 44.2436
- Mid-market when quoted
- 44.4627
- Exchange-rate markup inside the rate
- 4.93 CAD 0.49%
- True total cost
- 4.93 CAD 0.49%
- Recipient gets
- 44,243.64 PHP
Picking the last quote in this ledger (BMO) instead would leave the recipient 2,813.64 PHP short.
Snapshot indicative quotes retrieved 15 Oct 2026, 14:56 UTC. Quote collected 15 Oct 2026, 14:29 UTC. Source: Wise public comparison data.
Plain link to the provider's official site. No commission.
Every quote for 1,000 CAD → PHP
Sorted by what the recipient gets. “True cost” adds the upfront fee to the money lost in the exchange rate versus the mid-market rate at the time each quote was collected.
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Western Unionservice | 0.00 CAD | 0.49% | 4.93 CAD | 0.49% | 44,243.64 PHP | best |
| 2. Remitlyservice | 0.00 CAD | 0.58% | 5.80 CAD | 0.58% | 44,204.86 PHP | −38.78 PHP |
| 3. Wiseservice | 8.33 CAD | 0.00% | 8.33 CAD | 0.83% | 44,079.93 PHP | −163.71 PHP |
| 4. Instaremservice | 0.00 CAD | 0.88% | 8.79 CAD | 0.88% | 44,071.92 PHP | −171.72 PHP |
| 5. Xoomservice | 0.00 CAD | 2.54% | 25.39 CAD | 2.54% | 43,333.93 PHP | −909.71 PHP |
| 6. Royal Bank of Canadabank | 0.00 CAD | 2.70% | 26.96 CAD | 2.70% | 43,263.88 PHP | −979.76 PHP |
| 7. OFXservice | 15.00 CAD | 3.87% | 53.16 CAD | 5.32% | 42,098.88 PHP | −2,144.76 PHP |
| 8. PayPalservice | 4.99 CAD | 5.26% | 57.37 CAD | 5.74% | 41,911.68 PHP | −2,331.96 PHP |
| 9. BMObank 2d old | 0.00 CAD | 6.82% | 68.21 CAD | 6.82% | 41,430.00 PHP | −2,813.64 PHP |
Does the cheapest option change with the amount?
| You send | Most to recipient | Best cost | Worst cost | Recipient gets (best) | Gap best vs worst | Quotes |
|---|---|---|---|---|---|---|
| 200 CAD | Remitly | 0.58% | 7.63% | 8,840.97 PHP | 626.78 PHP | 8 |
| 1,000 CAD | Western Union | 0.49% | 6.82% | 44,243.64 PHP | 2,813.64 PHP | 9 |
| 5,000 CAD | Western Union | 0.49% | 5.36% | 221,218.20 PHP | 10,819.03 PHP | 6 |
What the CAD → PHP numbers show
- The provider that delivers the most changes with the amount: Remitly at 200.00 CAD, Western Union at 1,000.00 CAD, Western Union at 5,000.00 CAD. Fixed fees weigh heavily on small transfers; rate margins dominate large ones.
- At 200.00 CAD, true cost ranged from 0.58% (Remitly) to 7.63% (PayPal); the recipient would get 626.78 PHP less with the last quote than with the first.
- Banks listed for this corridor averaged 4.76% in true cost at 1,000.00 CAD, against 2.34% for non-bank transfer services; on average 100% of the banks' cost sat inside the exchange rate rather than in a stated fee.
- 5 of 9 quotes at 1,000.00 CAD charged no upfront fee but priced in a rate markup above 0.5%, so “no fee” did not mean free.
How does the quoted mid-market rate compare with the ECB reference?
The European Central Bank reference rate for CAD/PHP on 15 October 2026 was 44.3970. The mid-market rate implied by the top quote at its collection time was 44.4627, a difference of 0.15%. ECB rates are published once per working day around 16:00 CET, so they drift from live market rates during the day; RateRunner uses them only as a cross-check, never to rank providers.
Every quote for 200 CAD → PHP
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Remitlyservice | 0.00 CAD | 0.58% | 1.16 CAD | 0.58% | 8,840.97 PHP | best |
| 2. Instaremservice | 0.00 CAD | 0.93% | 1.86 CAD | 0.93% | 8,809.94 PHP | −31.03 PHP |
| 3. Western Unionservice | 0.99 CAD | 0.69% | 2.37 CAD | 1.18% | 8,787.23 PHP | −53.74 PHP |
| 4. Wiseservice | 3.17 CAD | 0.00% | 3.17 CAD | 1.58% | 8,749.13 PHP | −91.84 PHP |
| 5. Xoomservice | 0.00 CAD | 2.54% | 5.08 CAD | 2.54% | 8,666.79 PHP | −174.18 PHP |
| 6. Royal Bank of Canadabank | 0.00 CAD | 2.70% | 5.39 CAD | 2.70% | 8,652.78 PHP | −188.19 PHP |
| 7. BMObank 2d old | 0.00 CAD | 6.82% | 13.64 CAD | 6.82% | 8,286.00 PHP | −554.97 PHP |
| 8. PayPalservice | 4.99 CAD | 5.26% | 15.26 CAD | 7.63% | 8,214.19 PHP | −626.78 PHP |
Every quote for 5,000 CAD → PHP
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Western Unionservice | 0.00 CAD | 0.49% | 24.63 CAD | 0.49% | 221,218.20 PHP | best |
| 2. Remitlyservice | 0.00 CAD | 0.58% | 28.99 CAD | 0.58% | 221,024.32 PHP | −193.88 PHP |
| 3. Wiseservice | 34.17 CAD | 0.00% | 34.17 CAD | 0.68% | 220,732.14 PHP | −486.06 PHP |
| 4. Xoomservice | 0.00 CAD | 2.54% | 126.93 CAD | 2.54% | 216,669.66 PHP | −4,548.54 PHP |
| 5. OFXservice | 15.00 CAD | 3.87% | 208.14 CAD | 4.16% | 213,058.81 PHP | −8,159.39 PHP |
| 6. PayPalservice | 4.99 CAD | 5.26% | 267.96 CAD | 5.36% | 210,399.17 PHP | −10,819.03 PHP |
What to check before paying out in Philippines
In the Philippines, transfers to banks and e-wallets usually settle over InstaPay (real-time, lower-value) or PESONet (batch). E-wallet and cash pickup payouts are common and can carry different fees from bank deposits. Source: Bangko Sentral ng Pilipinas: National Retail Payment System.
Read next
- What does it cost to send money to the Philippines?
- What do banks really charge for an international transfer?
- How do exchange-rate markups work, and how big are they?
- What is the mid-market rate and where can you check it?
- Check the hidden markup on a rate you were offered
- How RateRunner calculates true cost
Questions people ask
- Which provider gave the most for 1,000 CAD sent to Philippines?
- Western Union, with 44,243.64 PHP delivered, in the snapshot retrieved 15 Oct 2026, 14:56 UTC. Its upfront fee was 0.00 CAD and its rate markup 0.49%.
- How much of the cost of sending CAD to PHP is hidden in the exchange rate?
- For the 9 quotes on 1,000 CAD, rate markups ranged from 0.00% to 6.82% of the amount converted. 5 quotes charged no upfront fee but still had a markup above 0.5%.
- How current are these CAD to PHP quotes?
- RateRunner retrieved them on 15 Oct 2026, 14:56 UTC. Each provider quote also carries its own collection time, shown in the tables, and quotes older than 24 hours are flagged. They are indicative; the price you are offered at checkout can differ.
Related corridors
Sources
- Indicative provider quotes: Wise public comparison data (retrieved 15 Oct 2026, 14:56 UTC). Wise collects quotes from listed banks and services and is itself listed.
- Reference rate: European Central Bank euro reference rates via Frankfurter (15 October 2026).
- Raw data for this page: cad-to-php.json