GoTyme Bank, the fastest-growing bank in the Philippines becomes the first Wise Platform partner in the country, unlocking faster and more transparent cross-border payments for over 7.8 million customers
GoTyme Bank has partnered with Wise Platform, a global leader in payment infrastructure for banks and enterprises, making it the first Wise Platform partner bank in the Philippines and the first International Receive partner in the Asia Pacific (APAC) region. This collaboration empowers over 7.8 million Filipino customers to enjoy faster, more affordable, and transparent international transfers via the GoTyme Bank app.
The partnership addresses common challenges faced by Overseas Filipino Workers (OFWs) and their families, including high transfer fees, hidden charges, slow processing, and lack of transparency. Through Wise Platform, GoTyme Bank enables seamless international payments over SWIFT, allowing customers to receive money from over 11,000 banks worldwide in 23 major currencies—including USD, EUR, GBP, AUD, and SGD—with clear pricing and faster settlement times.
Seamless Remittances for Filipino Families
Remittances play a crucial role in the Philippine economy, with OFWs sending over US$38 billion annually—one of the largest global inflows and a significant contributor to the country’s GDP. Wise research indicates that Filipino consumers lost approximately USD 170 million (PHP 9.74 billion) in 2024 alone due to hidden fees in international money transfers.
With just a few taps in the GoTyme Bank app, customers can securely share their account details with their sending bank to receive international payments quickly. The service operates across 23 major currencies with 24/7 support, ensuring families receive the full value of every remittance. Customers can conveniently withdraw funds for free at over 1,400 Robinsons Retail partner stores nationwide.
This partnership helps millions of Filipinos maximize the value of hard-earned money from abroad—supporting education, household needs, and entrepreneurial growth.
“Our collaboration with Wise is about creating a trusted remittance experience that feels effortless,” said Nate Clarke, President and CEO of GoTyme Bank. “By pairing Wise’s world-class technology with GoTyme Bank’s simple, beautiful banking, we’re redefining how Filipinos support their families, grow their ambitions, and stay connected to what matters most.”
Samarth Bansal, APAC General Manager of Wise Platform, added: “This partnership demonstrates how we’re extending our infrastructure beyond our own products to power better financial services through partners. GoTyme Bank becomes the first bank in the Philippines to deliver international payments without hidden charges and delays, setting a new benchmark for cross-border banking.”
By combining GoTyme Bank’s accessible banking with Wise’s global infrastructure, this collaboration is redefining remittance services in the Philippines—making cross-border payments faster, more secure, and fully customer-centric.
