Transfer Money to Al Amanah Islamic Investment Bank of the Philippines (AAIIBP)

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Al Amanah Islamic Investment Bank of the Philippines (AAIIBP)
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Established in 1973, Al Amanah Islamic Investment Bank is the Philippines' first and sole Islamic bank, initially created to cater to the financial needs of Muslim-majority provinces. Over time, Al Amanah has widened its scope, adapting its charter to provide banking services that adhere to Islamic principles. Marking a milestone in its expansion, the bank inaugurated its first branch outside Mindanao in Malabon, Metro Manila, in 2015, showcasing its growing geographical spread. The bank is progressively adopting digital banking solutions and has recently benefited from a significant investment from Soleil Capitale Groupe GmbH. This infusion aims to boost Al Amanah's development and expansion, particularly within the Bangsamoro Autonomous Region in Muslim Mindanao. Currently, Al Amanah is dedicated to increasing its national presence and plans to double its network from the existing nine branches.

Pyypl offers a straightforward way to remit money to Philippines, directly through your phone.

Founded in 1973 as the first and only Islamic bank in the Philippines.
Initial Purpose
Served the financial needs of Muslim-majority provinces.
Services Expansion
Expanded charter to offer services according to Islamic principles.
Geographical Reach
Opened the first branch outside Mindanao in Malabon, Metro Manila in 2015.
Digital and Investment Growth
Embracing digital banking and received significant investment from Soleil Capitale Groupe GmbH.
Future Plans
Aiming to expand presence nationwide and plans to double its existing nine branches.

What is Pyypl?

Established in the UAE in 2017, Pyypl (pronounced "people") is a pioneering FinTech firm committed to advancing financial inclusion through innovative technology. Pyypl's advanced technology offers easy, secure, and cost-effective access to essential financial services via a smartphone. Our flagship offering is a universally accepted prepaid Visa card accessible to everyone that requires no bank account, minimum salary, balance, or post-dated checks, and eliminates the need to visit a bank. Users can obtain their Visa card in just two minutes through our fully digital app, which allows for shopping and payments wherever Visa is accepted.

Users can also send money to over 45 countries through the Pyypl app. Any fees or exchange rates are also completely transparent and displayed up front. At Pyypl, we understand the importance of getting the most out of your money. That's why we offer excellent exchange rates compared to traditional banks. This means more bang for your buck so that your family or business associates receive the full benefit of your funds.

Regulated by the ADGM Financial Services Regulatory Authority, Pyypl is a trusted name in secure financial management. With us, you can be confident that your finances are in safe hands.

How to Send Money to Al Amanah Islamic Investment Bank of the Philippines (AAIIBP) with Pyypl

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1. Download the app

Get the app on the Apple or Play Store and sign up in a few easy steps.

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2. Top up

Easily load your account using a debit card, bank account, or mobile money.

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3. Initiate Transfer

Tap on Send Money, choose International Transfer, and select Philippines. Select Bank Account as the mode of transfer.

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4. Specify the Amount

Enter the amount you wish to send in AED.  The app will show you the conversion rate.

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5. Enter Details

Enter the beneficiary’s account details, including full name, bank name, account number, and IBAN

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6. Confirm and Send

Review the details, and with just a click, your money is on its way to the recipient. We’ll notify you once the transaction is complete, it usually takes just a few minutes.

Why Choose Pyypl

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Instant Transfers

No appointments or waiting in line.  

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No hidden fees for the receiver

What you see is what you get. No hidden fees, no surprises.

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24/7 Support

Our dedicated customer support is always on hand to assist you with any queries.

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Excellent exchange rates

Low and transparent exchange rates.

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