They both mean vampire. The difference is 'Banpaia' is the Japanese pronunciation of the English pronunciation of Vampire.
V's are pronounced as B's, and N's and M's have a similar sound to them. So Vam=Ban, Pi=Pai, and Re=A.
If you say it out loud it makes a lot more sense.
Kyuuketsuki is the Japanese Word for vampire. I wish I knew it's literal meaning, but I don't. Sorry!
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