BayaniPay

BayaniPay is a financial services company that offers zero-fee payments to institutions abroad and enables secure direct payments of bills and services. The company specializes in money transfers from the U.S. to the Philippines with zero fees and market-leading forex rates, including a special Buena Mano Exchange Rate for first-time remittances. BayaniPay facilitates global business-to-business payments and provides an FDIC-insured digital checking account, Visa Debit Card, and unlimited fee-free transfers to the Philippines. The company partners with East West Bank to offer various banking products and services and holds money transmitter licenses from California, Hawaii, New Jersey, US Virgin Islands, and Alaska. Users can pay Philippine real estate bills with zero transaction fees and market-leading exchange rates and support recurring payments for bills. BayaniPay collaborates with SM Development Corporation to help Filipinos in the U.S. invest in homes in the Philippines. The platform is digital-first and inclusive, offering branchless 24/7 banking and faster remittances. It provides a seamless way to pay vendors and suppliers overseas and offers a BayaniPay Wallet for managing funds. The company partners with various banks and financial institutions in the Philippines for remittances and allows Filipino Americans to pay amortizations in the Philippines. BayaniPay’s digital checking account has no minimum deposit or monthly maintenance fees, and the Visa Debit Card is issued by East West Bank.