The Bangko Sentral ng Pilipinas (BSP) has disqualified six firms from registering with the BSP as money service businesses (MSBs) after they were caught operating without a license. | ManilaBulletin
So far for this year, the BSP has banned eight MSBs including two other firms disqualified last February.
“ is part of BSP’s efforts to address the proliferation of entities engaged in the operation of unauthorized MSBs,” the BSP added. The six entities are identified as: Bontoy Money Changer located in Arnaiz Ave. St., Barangay 107, Pasay City, Metro Manila, owned by Mohammad S. Sauti; Nurul Money Changing Services in Taft Avenue St., Zone 10, Barangay 83, District 1, Pasay City, owned Yaser H. Pacundo; Globexmc Foreign Exchange Services in P. Burgos St., Brgy. Poblacion, Makati City, operated by Shelly Mohammad Tillah; J-Mar Foreign Exchange Service in Constellation St., corner Makati Ave.
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