Compare the real cost of sending Hong Kong Dollar to Philippine Peso, shown for about HK$7,800.00 (roughly USD 1,000). Real provider quotes are ranked by the amount your recipient receives after every fee and margin; providers without a live quote are listed separately as estimates. Mid-market rate as of 2026-10-28: 1 HKD = 8.1595 PHP.
| Provider | Rate after margin | Flat fee (HKD) | Transfer fee | FX margin | Total cost | Recipient gets | Data type | |
|---|---|---|---|---|---|---|---|---|
| InstaReMBest live quote | 8.1701 | HK$46.02 | — | −0.13% | ₱293.69 (0.46%) | ₱63,350.63 PHP | ● Live quote · 2026-10-28 | Send with InstaReM → |
| Wise (TransferWise) | 8.1729 | — | 0.69% | −0.16% | ₱335.64 (0.53%) | ₱63,308.68 PHP | ● Live quote · 2026-10-28 | Send with Wise → |
| HSBC HK | 8.0418 | HK$70.00 | — | 1.44% | ₱1,481.55 (2.33%) | ₱62,162.77 PHP | ● Live quote · 2026-10-28 | |
| OFX | 7.8734 | HK$60.00 | — | 3.51% | ₱2,704.01 (4.25%) | ₱60,940.30 PHP | ● Live quote · 2026-10-28 | |
| PayPal | 7.8136 | HK$38.99 | — | 4.24% | ₱3,003.22 (4.72%) | ₱60,641.09 PHP | ● Live quote · 2026-10-28 |
● Live quote = a real price collected 2026-10-28 07:12 UTC for about HK$7,800.00, via Wise's quote API (Wise) and Wise's public price-comparison data (other providers and banks). That feed is collected by Wise, which also competes with several of these providers; it reflects standard delivery and excludes first-transfer promotions, so your own quote may differ. Recipient gets = (amount − flat fee) × (1 − transfer fee) × rate after margin, where rate after margin = mid-market rate × (1 − FX margin). Total cost = what HK$7,800.00 is worth at the mid-market rate minus what the recipient gets. FX margin is measured against the mid-market rate shown above, so small negative values just mean a provider's rate was marginally better than our reference.
Not listed for senders in Hong Kong: Remitly, XE Money Transfer, TransferGo (not available from Hong Kong); WorldRemit, Western Union, MoneyGram, Ria Money Transfer, Paysend, Revolut, Xoom, Skrill (we have not been able to confirm they serve Hong Kong; they are added once confirmed).
Indicative only — verify before sending. Open the live comparator →
Alert me when 1 HKD buys X PHP or more. Today's mid-market rate: 1 HKD = 8.1595 PHP.
We email you a link to confirm first (double opt-in) and nothing is sent until you click it. The target is compared with the mid-market rate (updated once a day), which is not the rate a provider will give you — compare the amount received on this page. Not financial advice.
Transfers from Hong Kong to the Philippines are most commonly sent for OFW remittances to family. On a HK$7,800.00 transfer, the choice of provider can make a difference of ₱2,709.53 — money that disappears into fees and FX margin when you pick the wrong service.
The advertised exchange rate is rarely what you get. Most banks and transfer services quote a rate that includes a hidden FX margin of 0.5–4% above the mid-market HKD/PHP rate. That margin is often the largest single cost on a transfer, which is why FX Skipper deducts it before ranking and shows you what actually arrives in the Philippines.
Based on real provider quotes collected 2026-10-28 07:12 UTC for about HK$7,800.00, InstaReM gave the best result: your recipient receives about ₱63,350.63 (0.46% total cost). 5 providers had a live quote for this route. Quotes change daily — confirm with the provider before sending.
Among the live quotes, total cost ranges from about ₱293.69 to ₱3,003.22 — a difference of roughly ₱2,709.53 on a single transfer.
The mid-market rate is approximately 1 HKD = 8.1595 PHP as of 2026-10-28. Providers add an FX margin on top — the table shows each provider's effective rate after that margin is deducted.
Transfer times vary by provider, delivery method and corridor — from minutes for some bank transfers and cash pickups to one to three business days. We do not publish delivery times for this route because we have not verified them; check the speed estimate in the provider's own quote before you send.
It is safer when you use a licensed and regulated provider. FX Skipper compares prices but does not vet or endorse providers, so always confirm the provider holds a valid licence in Hong Kong and that the receiving method suits your recipient in the Philippines.
More from HKD:
More to PHP: