GoTyme Bank announced its partnership with Wise Platform, a leading global payment infrastructure provider for banks and enterprises. This strategic collaboration makes GoTyme Bank the first partner bank of Wise Platform in the Philippines, and its first International Receive partner in the Asia Pacific (APAC) region, empowering over 7.8 million Filipino customers with faster, cheaper and more transparent international transfers via the GoTyme Bank app.
The partnership tackles long-standing pain points experienced by Overseas Filipino Workers (OFWs) and their families—such as expensive transfer fees, hidden charges, slow processing times, and lack of transparency.
GoTyme Bank integrated with Wise Platform to enable fast and easy international payments over SWIFT. Customers can now receive money from over 11,000 banks worldwide in 23 major currencies, including USD, EUR, GBP, AUD, and SGD amongst others, with full pricing transparency and faster settlement times.
Empowering Filipino Families with Seamless Remittances and Inclusive Banking
Remittances are a vital part of the Philippine economy, with OFWs sending over US$38 billion annually, representing one of the largest inflows worldwide and a significant percentage of the country’s GDP. According to Wise research, 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 view their account details and share them with their sending bank to receive international payments quickly and securely. The service offers coverage across 23 major currencies and 24/7 operational support—ensuring families receive the full value of every remittance. GoTyme Bank customers can conveniently withdraw their remittances for free at over 1,400 Robinsons Retail partner stores nationwide.
This partnership supports millions of Filipinos who rely on remittances to fund education, support loved ones, and grow businesses. For families with loved ones working abroad, this integration helps maximize the value of their hard-earned money —turning remittances into real opportunities
“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 and global network 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.”
“This partnership exemplifies Wise’s mission to build the infrastructure for the world’s money,” said Samarth Bansal, APAC General Manager, Wise Platform. “As the first Wise Platform partnership in the Philippines, it demonstrates how we’re extending beyond our own products to power better financial services through partners. Payments coming over SWIFT have faced hidden charges and slow speeds. With this partnership, GoTyme Bank becomes the first bank in the Philippines to change this trend. For 14 years, Wise has been building the best infrastructure in moving money across borders and it’s exciting to see our partner banks benefit from this infrastructure through Wise Platform.”
This collaboration reinforces the shared commitment of GoTyme Bank and Wise Platform to deliver world-class financial services to Filipinos. As customers increasingly expect international payments to be as seamless as domestic transfers, this partnership sets a new benchmark for cross-border banking in the Philippines. By combining GoTyme Bank’s everyday accessibility with Wise’s trusted global infrastructure, the two companies are redefining how remittances are received—making the experience more efficient, secure, and customer-centric for millions of Filipinos.
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