Money remittance, money transfer, or fund transfer services can be provided by banks, private remittance companies, and other remittance agents. But for the purpose of this article and considering that banks and quasi-banking companies are costly and difficult to establish, we … [Read more...]
How to Register a Pawnshop Business in the Philippines
Pawnshops help Filipinos to have an additional source of credit, especially the small borrowers who can’t obtain loans from banks, credit cooperatives, lending companies, and other financial institutions in the country. For people who need instant money to satisfy their emergency … [Read more...]
List of Valid and Acceptable Photo Identification (IDs) in the Philippines
A valid photo identification (ID) card is needed and required whenever we do transactions, such as sending and receiving money at Western Union and other money transfer agencies, opening a savings or checking account at different banks, doing other financial transactions with … [Read more...]
How to Register a Financing Company in the Philippines
In this article, we will give you guidelines on how to register a financing company in the Philippines. Financing companies are required to be registered as a corporation and therefore must obtain a certificate of registration from the Securities and Exchange Commission. … [Read more...]