Depending on where in the Philippines, only because we like using HSBC machines, because they dispense up to p40,000 at a time, we use our Fidelity ATM card at machines with a Visa logo like the one in HSBC and there were no charges and even if there were, Fidelity Reimburses them and I found the exchange rate at HSBC to be very close the the money changer rates.
Another option would be to open a Charles Schwab checking account, they too reimburse fees charged by ATM machines and the exchange rate is close.
Also when using a Cap One credit card there for purchases there are no fees and if using a Fidelity Visa credit card for purchases in stores and restaurants that take cc's, there is a 1% fee, but they give 2% back, so a win win, so possibly a way to cut back on the amount of cash needed in total.
For sending money here is a special one of my friends is using, right now they are paying p53 to one with no fees for new customers, so maybe you send once and then have a family members send once, etc, etc, but even their fees are not too bad.
Hopefully others can chime in with better ways, I prefer to use our U.S. ATM card and CC's when we are there, to cut back on needing a lot of cash.
Hope Lanie enjoys her trip, if she happens to be in Cebu, or if any members happen to be in Cebu mid Feb to mid May, have her/them, or you look my wife and I up via this forums message center, we are always happy to meet people and help out if needed ,whenever or wherever we can.