How to Start a Money Changer and Remittance Center Business

How to Start a Money Changer and Remittance Center Business

About the Webinar

Overview

Money changers buy currency from the customers and mark their profit and sell it to their customers. It is one of the very few essential businesses that remained open since lockdown, especially if that establishment includes the service of a remittance.

Remittance service on the other hand will make money based on the profit type they operate. These profit types are: Flat Fee and Percentage Fee.

Objective

● To assist the participants to know how to set up and operate a money changing and remittance business.

Who Should Participate

● Those who want to set up a Money Changer and Remittance Business.
● Pawnshop owners who want to add a complimentary business for additional profit.

Key Topics

● Industry and Market Analysis

● Required Capitalization

● Business Permits and Licenses including BSP (Bangko Sentral ng Pilipinas)

● Convertible and Non-convertible Currencies

● Currency Pricing, Buying and Selling

● Different Currencies Security Features

● Basic Money Changer and Remittance Operations

● Remittance as an Additional Source of Revenue

Schedule: Click to view BusinessCoach Seminar Schedule »

Duration

3 hours (via ZOOM)

Requirements

• Mobile phone, tablet, computer, or laptop
• Download free ZOOM app
• Internet connection
• Good audio connection

 How to Start a Money Changer and Remittance Center Business

Registration Details

Webinar Fee

Php 1,750.00 per participant (inclusive of e-Handouts and e-Certificate) to be paid at least 3 banking days before the event

Reservation

Please call to register, or you may download our registration form. Kindly fill-out and send to us through fax (8727.88.60) or email. You will receive a confirmation within 48 hours.

Mode of Payment

Deposit/Transfer cash payment to Banco de Oro:

• Savings Account Name: BUSINESSCOACH, INC.
• Savings Account Number: 00235-003-71-22

Kindly email deposit slip or screen capture of payment details (indicate name of participant and seminar title) to confirm reservation.

Note

Schedule may change without prior notice. Please call to confirm. BusinessCoach, Inc. is not liable for any expense incurred by seminar registrant resulting from cancellation of any of its events.

Contact Details

Contact Numbers

Please call (632) 8727.88.60, (632) 8727.56.28, (632) 8569.78.84 or (632) 8569.46.90 or call/text mobile numbers 0915.205.0133 / 0908.342.3162 / 0926.622.0768 / 0933.584.7266

Inquiries

For other inquiries, you may also leave a message in our contact form »

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