Some ways to send money to the Philippines include PayPal, MoneyGram and Western Union. PayPal transfers funds directly to another PayPal account, while funds transferred by Western Union and MoneyGram are available for pickup at agent locations or are deposited into a bank account.
As of 2015, International PayPal transfers cost 0.5 to 2 percent when funded using a PayPal balance or a linked bank balance, according to PayPal. International PayPal transfers using a credit or debit card cost 3.4 to 3.9 percent. The recipient can transfer PayPal funds to a domestic bank account registered in his name.
Customers can transfer money using Western Union and MoneyGram online or at a physical agent location, according to the company websites. Fee percentages for both services generally decrease with higher transfer amounts.