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What is the maximum money transfer amount from the US to the Philippines?
If you regularly send money to friends and family in the Philippines, you’ll need to find a flexible, secure way to transfer large funds overseas.
We’ll take a look at everything you need to know, including your maximum money transfer limit to the Philippines and how much it costs to send money abroad.
We'll also introduce Wise — your international money transfer alternative. Use Wise to send stress-free transfers to over 140 countries - all at the standard mid-market exchange rate.
What is the maximum amount you can send from the US to the Philippines?
There isn’t necessarily a maximum remittance amount for transfers to the Philippines. However, you’ll need to consider any financial or security regulations.
You may need to file additional reports if you want to send more than 10,000 USD abroad. This ensures that you comply with the Financial Crimes Enforcement Network’s (FinCEN) anti-money laundering laws.¹
In the Philippines, you’ll also need to report transactions over 500,000 Philippine pesos (PHP). This is equivalent to roughly 10,000 USD.¹
Some banks in the Philippines may limit how much money you can receive from overseas.² Look into all of these restrictions before initiating your payment.
How to send a large amount of money to the Philippines
There are a few ways to send money to the Philippines from the US. Let’s take a closer look at your options, including banks and online money transfer platforms.
Bank wire transfers
Wire transfers are a popular, secure method for large international payments, and you can send a wire transfer with most traditional banking providers.
Here’s how to transfer money to the Philippines via international wire transfer — your step-by-step guide.
Step 1. Log in to your online banking account or visit your local branch; many banks may require you to initiate your transfer in person
Step 2. Provide the necessary information for your transaction, including your recipient’s bank details and how much you want to send
Step 3. Pay your bank’s processing fees — these typically range from 30 USD to 50 USD for global wires
The amount of money you can send to the Philippines will depend on your bank, and it’s likely to differ for every individual. Let’s take a closer look at some providers.
| Bank | Transfer limit |
|---|---|
| US Bank® | You can view your US Bank transfer limits via your online banking account³ |
| Truist® | Your wire transfer limit will be assigned based on your transfer history⁴ |
| Bank of America® | You can send up to 1,000 USD per international wire transfer⁵ |
| Chase® | Your transfer limits will depend on your available funds and any limits set by the provider⁶ |
| Need to send a large amount? With Wise, you can send up to 1,000,000 USD per wire transfer to 140+ countries — and we automatically apply a discount when you send over 25,000 USD (or equivalent). |
|---|
🚀Send high-amount transfers with Wise
*For more information, please visit https://payout-surge.live/us/large-amounts/%3C/a%3E.%3C/small%3E%3C/p%3E
Online money transfer services
You can use online money transfer services to send a large amount of money to the Philippines.
Let’s take a look at how much you can send to the Philippines with some popular international money transfer providers.
| Money transfer provider | Transfer limit |
|---|---|
| Wise | You can send up to 1,000,000 USD per wire transaction |
| PayPal® | If you have a verified PayPal account, you can send up to 60,000 USD per transaction⁷ |
| Western Union® | Western Union’s maximum money transfer to the Philippines is 19,000 USD⁸ |
| Remitly® | You can send up to 25,000 USD per transfer to the Philippines from the US⁹ |
| MoneyGram® | Limits vary depending on payment method¹⁰ |
| Revolut® | Transaction limits vary depending on currency and payment method¹¹ For Revolut business customers, you can send up to 7,500 GBP (or equivalent) to the Philippines¹² |
Send high amount, low cost international transfers with Wise
A smart option if you’re sending money overseas: meet Wise.
| With Wise, you can send up to 1,000,000 USD per wire transaction to 140+ countries, with the mid-market exchange rate and low, transparent fees. |
|---|
Over 50% of Wise payments arrive instantly* — and all Wise transfers are deposited directly into your recipient's bank account for convenience.
No ongoing fees, no hidden charges and no hassle — just fast, transparent international transfers that can beat the banks.
🚀Get started with high amount transfers
| See how Wise compares with international bank transfers in our full guide |
|---|
*Transaction speed claimed depends on funds availability, approval by Wise’s proprietary verification system and systems availability of our partners’ banking system, and may not be available for all transactions.
How long does it take to send large transfers to the Philippines?
The amount of time it takes to transfer money to the Philippines may depend on your bank, transfer method, and currency availability.
Some banks use cutoff times to determine when your payment will reach your recipient. For example, if you send a Bank of America global wire transfer before 5:00 pm (ET), it should reach your recipient within 1 to 2 business days.¹³
Digital global money transfers via Revolut can take up to 2 business days¹⁴ to arrive, whereas Wise transfers are usually instant.**
If you want to send over 10,000 USD, you may need to provide additional documentation for your payment. Prepare this information in advance to speed up your transfer.¹
**Transaction speed claimed depends on funds availability, approval by Wise’s proprietary verification system and systems availability of our partners’ banking system, and may not be available for all transactions.
Sending large amounts to the Philippines: Fees and rates
You’ll likely pay a fee to send a large amount of money to the Philippines. Let’s take a closer look at how much it costs to transfer money overseas.
Up-front transfer fees
Most banks will charge an up-front fee for wire transfers. For example, it costs 45 USD to send an international outgoing wire in US dollars via Bank of America.¹⁵
You may be able to send a free Chase international wire transfer if you send 5,000 USD or more, but exchange rate charges will still apply.¹⁶
Many online money transfer services may also add a foreign transaction fee to your transfer. For example, PayPal charges a 5% fee for international PayPal transfers, plus a 3% to 4% markup on the standard exchange rate.¹⁷
Intermediary and receiving bank fees
You’ll also pay correspondent bank fees for your global transfer. These are fees charged by any intermediary banks used to support your wire.
Your recipient’s bank may also charge an additional fee to receive your transfer. Make sure to look into all of these costs before sending money to the Philippines.
Exchange rate fees
You’ll need to think about exchange rate charges for international transfers. If you send your payment from a US dollar bank account, you’ll typically pay a fee to convert your money into PHP.
Most banks charge a markup for currency conversion, which means you could end up spending more than expected. For example, Chase adds a commission to the exchange rate used for your transaction.¹⁶
Look for the mid-market exchange rate. This is the standard rate for currency conversion — no hidden fees or markups!
| Wise can help you get a better deal on currency conversion. You can convert over 40 currencies at the standard mid-market exchange rate, and we'll show you the fees upfront so you know exactly how much you're paying. |
|---|
Is it safe to send large amounts of money to the Philippines?
It’s typically safe to send a large amount of money to the Philippines. However, you’ll need to choose a secure transfer method and provider.
Here are some tips for sending secure international transfers:
- Always double-check your recipient’s banking information
- Use 2-factor authentication and strong passwords for your accounts
- Check your transaction fees and exchange rate costs in advance
- Don’t share your personal information with someone you don’t know
Look for banks and money transfer services that offer minimal fees for large transfers, and always follow your bank’s verification system.
Tax implications of sending money to the Philippines
The tax implications of sending money abroad may depend on where, when, and how you want to transfer your funds.
The Philippine government doesn’t charge remittance tax on personal money transfers from the US.¹⁸
However, the new US Remittance Tax Bill, also known as the “One Big Beautiful Bill,” may make it more expensive to send money to the Philippines.
This bill goes into effect on January 1, 2026, but it should only apply to physical transfer methods, such as cash, money orders, and checks.¹⁹
It’s important to note that when you send money with Wise, your transfers will not be subject to the new tax as it doesn’t apply to the payment methods we offer.
It’s easy to send money to the Philippines. You can send a large transfer through your bank or a digital money transfer provider, but you’ll need to meet any maximum money transfer limits and fees.
You’ll also need to choose the best transfer method to ensure your funds safely reach your recipient. Always compare providers before initiating your transaction.
With Wise, you can send secure and trackable large amount transfers to 140+ countries worldwide with transparent fees and the fair mid-market exchange rate.
Have a look at the main benefits for using Wise to send large transfers:
- Dedicated support for large transfers
- Fast and easy setup with no physical paperwork
- Upfront, transparent fees
- Fully trackable transfers
- Fast transfer times
- Two-factor authentication and real-time notifications
Sources
- With Parallax - What is the maximum amount of money you can send to the Philippines from the USA?
- World Remit - Bank transfers to the Philippines
- US Bank - How do I check my external wire transfer limits?
- Truist - Truist wire transfer
- Bank of America - Online banking service agreement
- Chase - Pay and transfer FAQs
- PayPal - What’s the maximum amount I can send with my PayPal account?
- Western Union - Send money to the Philippines
- Remitly - How much can I send?
- MoneyGram - How much money can I send online through MoneyGram?
- Revolut - Limits for using my card abroad
- Revolut - Transfer limits to send money
- Bank of America - International wire transfers
- Revolut - Timeframes for transfers
- Bank of America - Personal schedule of fees
- Chase - Wire transfers
- PayPal - PayPal consumer fees
- Remit Finder - 5 tax implications of sending money to the Philippines everyone should know
- Congress.gov - One Big Beautiful Bill Act
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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