Sam4551: Hi, I send a lot of money to the Philippines, and not had any real problems so far. I use my Revolut card on the PAL website and SMDC online portal, although SMDC do not accept the Revolut Visa, however the Mastercard transactions are smooth. Same with using my Revolut card in person, both the Visa and Mastercard work perfectly in Philippine retail shops and restaurants. Although Mastercard is the preference generally, so I take both cards along to be safe.
ATM withdrawals with Revolut can be a painful financial experience though as banks will charge a fee. However if you use HSBC machines, (few and far between in Manila), then there is zero charge.
To get back on track, I was not aware that you could wire transfer with Revolut to a Philippines Bank Account. Revoult told me I could not transfer at a sensible rate as the default currency in the Revolut app to send to the Philippines is AED. They could not be sure what the eventual costs would be.
So I use TransferWise for my PHP transfers to BDO and the exact PHP money I send arrives in the BDO bank account (i.e. no SWIFT intermediaries charging).
I previously used Torfx and each transfer to BDO lost me PHP300. I also tried my Barclays international as I was in a hurry (don’t ask about the charges lol).
Do not use Western Union under any circumstances!