Updated May 28, 2016
You can send money from Italy to the Philippines through this one Philippine National Bank partner in Italy:
Global Philippines SRL or GPL Remittance Italy
Galleria Carraciolo n. 20/A Rome
PNB has closed down its overseas banking operations in Italy reportedly due to the high cost of business operations in Italy.
BPI and RCBC also closed down their operations in Italy.
Metrobank Remittance Partner in Italy