According to RemitRoutes data (updated 2h ago), the cheapest way to send 1,000 SGD to Philippines is Binance P2P at 0.25% total cost. Crypto rails at 0.25% are 0.27 percentage points cheaper than the cheapest traditional option at 0.52%.
Sending $1,000 SGD. Rates measured 2h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Binance P2P | Crypto | 49,674.14 PHP | 0.25% | ~1 second |
| Wise | Traditional | 49,535.64 PHP | 0.52% | ~2 business days |
| Western Union | Traditional | 49,418.38 PHP | 0.76% | 1 business day |
| Instarem | Traditional | 49,384.51 PHP | 0.83% | Unknown |
| HSBC Singapore | Traditional | 49,030.25 PHP | 1.54% | Unknown |
| Remitly | Traditional | 48,640.12 PHP | 2.32% | Minutes |
| PayPal | Traditional | 47,296.8 PHP | 5.02% | Unknown |
| OFX | Traditional | 47,255.68 PHP | 5.10% | Unknown |
Updated every 6 hours from real APIs (Wise, CCXT, CoinGecko). No data is estimated or hardcoded. See methodology · Full SGD → PHP cost data
In Q3 2026, crypto rails delivered 1.18% above mid-market on average versus 1.76% all-in for traditional providers across 462 corridors — crypto was cheaper at or below mid-market in 41.8% of corridors and delivered above mid-market via P2P premium routes in a further 56.1%.
→ Cross-Border Cost Index — Q3 2026