Currency Exchange · Philippines · 2026 Review
Moneycorp Currency Exchange in Philippines
40 years of award-winning currency exchange
Eligibility & review status
- Whether Moneycorp is available to Italy residents must be confirmed directly with the provider. Which account types and services you can open follows the provider's own terms.
- Residency, country, account, currency and regional limits vary by provider and can change.
- Regulatory status: not independently verified by Rome Digital Bank.
- Last reviewed: August 28, 2026. Always check the provider's current terms.
Rome Digital Bank may earn a commission when you open an account through partner links. This does not affect the price you pay. Read our affiliate disclosure.
Trusted since 1979 — personal dealers, no fees
What is Moneycorp? — Philippines User Guide
If you're in Philippines and looking for currency exchange, this guide explains what to check before considering Moneycorp. Moneycorp is one of the UK's most trusted currency specialists, serving clients since 1979. With no transfer fees, dedicated currency dealers, forward contracts, and 22 global offices, it's the preferred choice for large personal and business FX transfers.
In this review: Moneycorp vs TorFX, Moneycorp vs Currencies Direct, Moneycorp vs OFX
What Moneycorp Offers
Dedicated Currency Dealer
Work one-on-one with a named dealer who monitors the market and advises on timing.
No Transfer Fees
Moneycorp charges zero transfer fees on all currency transfers.
Forward Contracts
Fix today's exchange rate for transfers up to 2 years ahead — ideal for property and emigration.
22 Global Offices
Physical offices in the UK, USA, Ireland, Spain, Portugal, Brazil, and more.
Business FX
Corporate treasury services, hedging, and mass payments for international businesses.
Award-Winning Service
Multi-award winner for customer service in UK FX and international transfers.
Moneycorp Pros & Cons
Our honest assessment for Philippines users
✓Pros
- ✓Trusted since 1979 — one of the UK's oldest FX specialists
- ✓No transfer fees
- ✓Dedicated personal dealer for every client
- ✓Physical offices in 22 locations globally
- ✓Strong for property purchase and emigration transfers
–Cons
- –Best for larger transfers — minimum amounts apply
- –Not a digital-first platform — phone and web based
- –Fewer destination currencies than digital apps
Using Moneycorp in Philippines, Philippines
Local banking landscape · Philippines · Asia
Digital banking in Philippines is shaped by the city's unique economic role and fintech scene.
The Philippines has Southeast Asia's most dynamic fintech adoption, with GCash (60M+ users) and Maya achieving near-universal mobile payment penetration, supported by the BSP's regulatory sandbox. The Philippines is Southeast Asia's third-largest economy, a major BPO/outsourcing powerhouse, the world's fourth-largest remittance recipient, and a rapidly growing digital economy. The primary banking need in Philippines: pHP digital accounts, remittance receiving for 10M+ OFWs sending $36B+ home annually, and digital banking for a population where 70%+ previously had no bank account. PHP accounts and multi-currency options are both available. No branch required — compare and open online.
Traditional Banks in Philippines
BDO Unibank, Bank of the Philippine Islands, Metrobank, UnionBank
GCash, backed by Ant Group, surpassed 80 million registered users — making it the most widely used financial app in Philippine history.
Why Philippines Residents Choose Digital Banking
- ✓PHP & multi-currency accounts
- ✓OFW remittance services
- ✓InstaPay instant transfers
- ✓BSP-regulated security
Ready to Get Started with Moneycorp?
Review current eligibility, account options, and terms directly with Moneycorp
Get a Moneycorp Rate →Trusted since 1979 — personal dealers, no fees
Frequently Asked Questions
Moneycorp — answers for Philippines users
Philippines — Local Questions
Affiliate Disclosure: Rome Digital Bank may earn a commission when you open an account or complete a transaction via links on this page. This does not affect our editorial assessments — we only partner with services we believe are genuinely valuable for our users.