No! If you don't have a Philippine bank account, you can link an e-wallet, such as GCash or Maya, to receive money transfers from the United States.
If you do have a Philippine bank, TANGGapp makes it easy for you to safely link your bank account in seconds! All you need to do is select your banking institution and enter you account number.
Click here to see the full list of banks and e-wallets you can link on TANGGapp.