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    Application Letter For Authority To Establish and Operate As Money Service Business

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    Chainwealth Express Inc. is applying for authority to establish and operate as a money service business located in Taguig City. As a Type B small-scale operator and Type C e-money issuer, they will offer remittance, money changing, and foreign exchange services. They provide their contact information and estimated monthly transaction volumes to the Bangko Sentral ng Pilipinas for review and approval of their application.

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    Application Letter For Authority To Establish and Operate As Money Service Business

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    subscription jdbs
    389 views2 pages
    Chainwealth Express Inc. is applying for authority to establish and operate as a money service business located in Taguig City. As a Type B small-scale operator and Type C e-money issuer, they will offer remittance, money changing, and foreign exchange services. They provide their contact information and estimated monthly transaction volumes to the Bangko Sentral ng Pilipinas for review and approval of their application.

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    01 Application Letter

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    Chainwealth Express Inc. is applying for authority to establish and operate as a money service business located in Taguig City. As a Type B small-scale operator and Type C e-money issuer, they will offer remittance, money changing, and foreign exchange services. They provide their contact information and estimated monthly transaction volumes to the Bangko Sentral ng Pilipinas for review and approval of their application.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    389 views2 pages

    Application Letter For Authority To Establish and Operate As Money Service Business

    Uploaded by

    subscription jdbs
    Chainwealth Express Inc. is applying for authority to establish and operate as a money service business located in Taguig City. As a Type B small-scale operator and Type C e-money issuer, they will offer remittance, money changing, and foreign exchange services. They provide their contact information and estimated monthly transaction volumes to the Bangko Sentral ng Pilipinas for review and approval of their application.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    APPLICATION LETTER FOR AUTHORITY TO ESTABLISH AND

    OPERATE AS MONEY SERVICE BUSINESS

    The Officer-in-Charge
    Financial Supervision Department IX
    Bangko Sentral ng Pilipinas

    Dear Madam/Sir;

    We, the Board of Directors of Chainwealth Express Inc. is writing this


    application letter to apply for an authority to establish and operate as money
    service business located at 20 th Flr. Marajo Tower, 312- 26 th street, West Cor. 4th
    Avenue Fort Bonifacio, Taguig City, 1630. Our contact number is 0969-2366-153
    includes also here is our email address which is
    compliance.chainwealthinc@gmail.com.

    In line with this application, we are under the classification of Type B – Smale
    Scale Operator – Remittance agent with or without money changing/foreign
    exchange dealing operations and Type C – E-Money Issuer as authorize under
    Sec. 702 of MORB.

    Please see below table for the estimated average Monthly Volume (Php)

    Estimated
    TRANSACTION Average Monthly
    Volume (in Php)
    FX Bought / FX Purchase
    FX Sold / FX Sale
    Domestic and International pay out (inward) transactions
    Domestic and International send out (outward) transactions
    TOTAL

    Our company and on behalf of the investors, we highly appreciate your positive
    response about our application.
    Thank you so much!

    Best Regards,

    Ms. JESSICA JOY H. DATA


    Board of Director

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