Corridor CAD → PHP · Canadian dollar to Philippine peso
What does it cost to send Canadian dollars to the Philippines?
On 16 October 2026, the most a recipient in the Philippines got for 1,000 CAD was 44,264.99 PHP via Western Union: a true cost of 5.99 CAD (0.60%) including fee and rate markup. The last of 8 quotes cost 5.48%.
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
- 44.2650
- Mid-market when quoted
- 44.5319
- Exchange-rate markup inside the rate
- 5.99 CAD 0.60%
- True total cost
- 5.99 CAD 0.60%
- Recipient gets
- 44,264.99 PHP
Picking the last quote in this ledger (PayPal) instead would leave the recipient 2,171.28 PHP short.
Snapshot indicative quotes retrieved 16 Oct 2026, 17:03 UTC. Quote collected 16 Oct 2026, 16:31 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 | 0.60% | 5.99 CAD | 0.60% | 44,264.99 PHP | best |
| 2. Remitlyservice | 0.00 CAD | 0.68% | 6.77 CAD | 0.68% | 44,230.60 PHP | −34.39 PHP |
| 3. Instaremservice | 0.00 CAD | 0.86% | 8.60 CAD | 0.86% | 44,148.75 PHP | −116.24 PHP |
| 4. Wiseservice | 8.33 CAD | 0.00% | 8.33 CAD | 0.83% | 44,147.66 PHP | −117.33 PHP |
| 5. Xoomservice | 0.00 CAD | 2.17% | 21.69 CAD | 2.17% | 43,566.21 PHP | −698.78 PHP |
| 6. Royal Bank of Canadabank | 0.00 CAD | 2.53% | 25.34 CAD | 2.53% | 43,403.36 PHP | −861.63 PHP |
| 7. OFXservice | 15.00 CAD | 3.99% | 54.29 CAD | 5.43% | 42,114.05 PHP | −2,150.94 PHP |
| 8. PayPalservice | 4.99 CAD | 5.00% | 54.75 CAD | 5.48% | 42,093.71 PHP | −2,171.28 PHP |
| Set aside, not ranked (1): see methodology | ||||||
| BMOcollected 72 h before retrieval | 0.00 CAD | 6.82% | — | — | 41,494.48 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 | 0.68% | 7.37% | 8,846.12 PHP | 596.26 PHP | 7 |
| 1,000 CAD | Western Union | 0.60% | 5.48% | 44,264.99 PHP | 2,171.28 PHP | 8 |
| 5,000 CAD | Western Union | 0.60% | 5.10% | 221,324.94 PHP | 10,012.00 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 0.68% (Remitly) to 7.37% (PayPal); the recipient would get 596.26 PHP less with the last quote than with the first.
- Banks listed for this corridor averaged 2.53% in true cost at 1,000.00 CAD, against 2.29% 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 8 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 16 October 2026 was 44.4670. The mid-market rate implied by the top quote at its collection time was 44.5319, 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 | 0.68% | 1.35 CAD | 0.68% | 8,846.12 PHP | best |
| 2. Instaremservice | 0.00 CAD | 0.91% | 1.82 CAD | 0.91% | 8,825.31 PHP | −20.81 PHP |
| 3. Western Unionservice | 0.99 CAD | 0.80% | 2.58 CAD | 1.29% | 8,791.47 PHP | −54.65 PHP |
| 4. Wiseservice | 3.17 CAD | 0.00% | 3.17 CAD | 1.58% | 8,762.58 PHP | −83.54 PHP |
| 5. Xoomservice | 0.00 CAD | 2.17% | 4.34 CAD | 2.17% | 8,713.24 PHP | −132.88 PHP |
| 6. Royal Bank of Canadabank | 0.00 CAD | 2.53% | 5.07 CAD | 2.53% | 8,680.67 PHP | −165.45 PHP |
| 7. PayPalservice | 4.99 CAD | 5.00% | 14.74 CAD | 7.37% | 8,249.86 PHP | −596.26 PHP |
| Set aside, not ranked (1): see methodology | ||||||
| BMOcollected 72 h before retrieval | 0.00 CAD | 6.82% | — | — | 8,298.90 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 | 0.60% | 29.97 CAD | 0.60% | 221,324.94 PHP | best |
| 2. Remitlyservice | 0.00 CAD | 0.68% | 33.83 CAD | 0.68% | 221,152.98 PHP | −171.96 PHP |
| 3. Wiseservice | 34.17 CAD | 0.00% | 34.17 CAD | 0.68% | 221,071.30 PHP | −253.64 PHP |
| 4. Xoomservice | 0.00 CAD | 2.17% | 108.43 CAD | 2.17% | 217,831.05 PHP | −3,493.89 PHP |
| 5. OFXservice | 15.00 CAD | 3.99% | 213.87 CAD | 4.28% | 213,135.55 PHP | −8,189.39 PHP |
| 6. PayPalservice | 4.99 CAD | 5.00% | 254.80 CAD | 5.10% | 211,312.94 PHP | −10,012.00 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?
- What is the mid-market rate and where can you check it?
- How do exchange-rate markups work, and how big are they?
- 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 44,264.99 PHP delivered, in the snapshot retrieved 16 Oct 2026, 17:03 UTC. Its upfront fee was 0.00 CAD and its rate markup 0.60%.
- How much of the cost of sending CAD to PHP is hidden in the exchange rate?
- For the 8 quotes on 1,000 CAD, rate markups ranged from 0.00% to 5.00% 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 16 Oct 2026, 17:03 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 16 Oct 2026, 17:03 UTC). Wise collects quotes from listed banks and services and is itself listed.
- Reference rate: European Central Bank euro reference rates via Frankfurter (16 October 2026).
- Raw data for this page: cad-to-php.json