EricLloyd Good morning Eric, I'm glad to hear that you and your wife are planning to invest in the Philippines. Now is the perfect time to do it. I'm an American Citizen, I moved back here in the Philippines 2 years ago and I love it here. Is your wife a US Citizen? if she is, then she need to apply for dual citizenship so she can acquire properties here. As far as the bank accounts, you and your wife can open a joint account. I would recommend BDO since they have a good online banking platform. I was a bank manager for Chase there in the US, and BDO's system is comparable. You'll be able to do online payments, monitor your account, transfer funds to any local bank, etc. I hope this helps.
BTW, we are a licensed real estate broker and my specialty is to do property searches specifically for persons overseas who are looking to invest here in the Philippines. Please Email me if I can be of assistance. (firstname.lastname@example.org)