How can I get Western Union franchise in Philippines?

How much is Western Union franchise Philippines?

There is no Franchise fee or royalty fees with Western Union. If you have all the equipment that is required (computer, printer and an internet connection) – then there’s even no investment required.

How can I become a Western Union agent in the Philippines?

All you have to do is to register and enrol online to become an official and accredited agent. You need to fill out an online form linked here (https://agentportal.westernunion.com/ap/agentregister.do ) and once application is accepted, you will be contacted by a salesperson.

How do I become a Western Union retailer?

To become a Western Union Agent, please visit the Western Union Agent Portal or call 1-800-325-6000 to learn more.

How do I start a money remittance business in the Philippines?

Aside from registering with the DTI (for proprietorship), SEC (for partnership and corporation), CDA for Cooperatives) and securing a certificate of registration or license to operate from the BSP and the City or Municipality Office, remittance agents should also register with the Bureau of Internal Revenue (BIR) to …

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How can I franchise Bayad Center in Philippines?

Bayad Center Franchise fee is 350,000 pesos for 5 years plus 12% value added tax, equipment estimated at around 120,000 pesos and site renovation estimated at 130,000 pesos, minimum cash bond would be around 600,000 pesos only. Minimum floor space would be 15sqm. They guarantee a return of investment in 2 years.

How much is the franchise of Express Pay?

Details, Cost and Other Information of Expresspay Franchise Packages

Expresspay Packages
Package A Package C
Flyers (1,000)
Paalala (SMS notification) poster
Franchise Fee 154,000 308,000

How much does a Western Union agent make?

Western Union Salary FAQs

The average salary for a Sales Agent – Financial Services is $49,146 per year in United States, which is 39% lower than the average Western Union salary of $81,470 per year for this job.

How do I call Western Union from Philippines?

You can find the answers to many of your questions below. But if you’re still missing something, please call our Customer Care at 02-8888-1200 (within Metro Manila), 1-800-1-888-1200 (toll-free via PLDT Lines), 1-800-9-888-1200 (toll-free via Globe Lines) or +632-8888-1200 (overseas calls).

How do I accept a money transfer agency?

3) Simple process to become an agent: It is a very simple and straightforward method to become a money transfer agent. All you need is: a) A valid Personal ID, Personal Address Proof & Shop Address Proof. b) He/she must have completed 18 years of age before they apply for the money transfer agent registration.

What is Western Union transfer?

Western Union provides a means of moving money from person to person and place to place for people who may not have options in the traditional financial world. … The most popular way to use Western Union is for domestic money transfers.

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How much is a remittance franchise?

Bayad Center offers franchise for people who want to start their own remittance center. They guarantee a return of investment after 2 years. Bayad Center Franchise fee is 350,000 pesos for 5 years plus 12% value added tax.

How do remittance companies make money?

Recipients can get their money through cash pickup, courier delivery, or direct deposit. Again, like Western Union and Money Gram, the company makes money through transfer fees and exchange rate margins. … And much like TransferWise, the company charges lower fees and has rather small margins on currency exchanges.

What is franchise in the Philippines?

To give you an idea on what franchise businesses you can consider, here’s a short list of popular franchise brands here in the Philippines.

  • Potato Corner.
  • Master Siomai.
  • Siomai House.
  • 7 Eleven.
  • Dunkin’ Donuts.
  • Chooks To Go.
  • Jollibee.
  • Mang Inasal.
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