New York Bay Remittance (NYBR) was established in 1990. As its name suggests, New York Bay Remittance engages in the international remittance of funds operating at the retail level. NYBR’s specific concentration is the Philippine Remittance market.
New York Bay Remittance is an affiliate name of Trans-Fast Remittance LLC, which is a licensed money transmitter in the states of Alabama, Alaska, California, Connecticut, Delaware, Washington DC, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Virginia, Wisconsin, the US Virgin Islands and Canada.
NYBR is committed to providing the best service to its customers. In line with keeping our customers satisfied, NYBR extends the following service features:
• Delivery in local currency or US dollars
• Competitive exchange rates
• Low service fees
• Speedy and secure delivery of funds
• Door-to-door delivery in selected cities
• Extensive network with major banks
• 24 / 7 customer service available
• Convenient methods of payment
• Free message service with each order
• Proof of delivery
• Money back satisfaction guarantee
New York Bay Philippines Inc. (NYBP) is a domestic corporation registered with the Securities & Exchange Commission. The company is engaged in the delivery of remittance funds.
The funds are wired daily to designated bank accounts of NYBP at Ortigas Center Pasig City by its principal, New York Bay Remittance (NYBR) located at 110 Wall Street, 2nd Floor, New York, NY 10005 USA. NYBP delivers to various non- profit organizations or beneficiaries by courier service or through the banking system.
NYBP is New York Bay Remittance’s central office in the Philippines. The core of the delivery system is housed in NYBP. Remittance orders are electronically relayed by NYBR to NYBP daily. The orders are then distributed to all delivery agents throughout the country. The latest technology is utilized by NYBP to ensure speed and security. NYBP delivers funds both in pesos and U. S. dollars.
Provincial deliveries are handled through NYBP’s delivery agents. With careful screening, NYBP has selected over two dozen delivery agents spread all over the Philippines to deliver in outlying towns and provinces as far north as Aparri in Cagayan Province, to Sorsogon, the southernmost province of Luzon; to the provinces of the Visayas, such as Cebu and Negros and the provinces in Mindanao like Bukidnon, Davao and Lanao. These NYBP authorized provincial agents carry out the company’s twenty four (24) hour turn around delivery in key cities and municipalities. Forty eight (48) to seventy two (72) hours door to door deliveries are scheduled for outlying areas.
Remittance to areas not covered by NYBP agents are sent to the beneficiaries through the banking system using either On line Deposits or Cash Pickup from a network of 9000 locations.
All beneficiaries are required to present a picture ID before the funds are released to them.
New York Bay Philippines in partnership with New York Bay Remittance is a fast and reliable money courier in the Philippines.