After a period of a few years not using remittance (UK to PH) I did one recently and was very surprised at how well BCRemit (they only do UK to PH) compared with WISE (formerly Transferwise). The two financial elements are, of course, exchange rate and remittance fee. Then there is efficiency, including speed if that is an issue. For efficiency I rate BCRemit and WISE as the best I am aware of and equal. But for the £4000 I remitted, BCRemit charged £4.99 and WISE wanted £22.11 - a vast difference. BCRemit gave an exchange rate of 68.60 and WISE 68.59 (so, again, no significant difference). So, on efficiency and exchange rate there was, at the time I sent, no significant difference BUT the fee was MUCH higher for WISE. BCRemit had a limit of £5000 per month when I used them a few years ago but you would need to check that for being up-to-date as I sent 4k and so didn't test that limit. Getting back to using BCRemit involved no new verification but WISE wanted a selfie with passport and then a separate passport scan. Two questions I asked were not replied to in their email (which had my enquiries within it) and the reply was used only to ask for further verification. This may be a mark against their efficiency but the reply might still arrive. The real problems came from my UK bank - as usual and, of course, for the benefit of the customer! I have no issues with them checking the person accessing my bank account is me but the endless questions about what the money is for is tiresome (even to the point of asking if any money used to help family will be repaid). I get the feeling that soon it could be impossible to transfer money online without a visit to the branch (it might even become almost impossible to use OUR own money)! And don't forget, UK citizens, Case Law over a period of 300 years has stated that once you deposit money into a UK bank it becomes their property!