How to set up a money changing business

We have millions of OFWs all over the world. Many of them will bring dollars into the country, and change them to Pesos. Why not set up a money changing or money converting business? There is a two day seminar that you can attend to learn about money changing / money converting business in the country. I wonder, if this seminar would also include franchising a Western Union Outlet i.e. sending and receiving money from around the country and overseas.

Anyway, details of the seminar:

* DATE: JULY 2-3, 2009 (THURSDAY-FRIDAY) – 2-day programme / TIME: 9:00 am - 4:00 pm
* VENUE: Unit 201 Richbelt Tower, 17 Annapolis St., Greenhills, San Juan City, Metro Manila


* DAY 1 - Acquiring permits and licenses to operate, Who may engage in money changing or money converting business?, Getting the right location, Facilities and equipments, Required capitalization, System operation, Buyer, Seller, Building Customer’s Trust, Dealing with counterfeiters and delinquent associates, Convertible and non-convertible currencies with BSP, Dollar and foreign currency pricing and monitoring, Basic security features in general, Knowing the Philippine peso;

* DAY 2 - Basic security features of the following currencies (USA dollar, Australian dollar, Bahrain dinar, Brunei dollar, Canadian dollar, Euro, Hong Kong Dollars, Korean Won, Malaysian Ringgit, New Taiwan Dollar, New Zealand Dollar, Saudi Riyal, Singapore Dollar, Switzerland Franc, Thailand Baht, UAE Dirhams, Great Britain Pounds)

* INVESTMENT: Php 6,000.00 per person (inclusive of snacks, lunch, drinks, handouts, seminar kit, certificate of attendance)

* DISCOUNT: 10% Discount if FULL AMOUNT is paid at least five (5) days before the event.

* RESERVATION: Phone reservation is required. Please call telephone 727-5628, 727-8860 or 727-7839.

* SCHEDULE: Schedule may change without prior notice. Please call 1 day before the seminar date.


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