philippines money exchange rate

philippines money exchange rate
Money changer business in the Philippines?

Does anyone knows what are the requirements to start a money changer business? where Should I change money Ei dollars to pesos once I accumulated a huge amount on a high cup. Do I need to register in the Central Bank of the Philippines? Where can I get online exchange rate daily, I do not want to follow the bank Forex because they offered a low rate of purchase. Pls give me all the details. Thanks

When we go to cebu for a holiday to see family of wife, mama takes me to a store in Opon, Cebu and people changes my Aussie dollars for a rate I can not turn down. Better than the banks are there to change it. As far as I know, he is a roaring trade with foreigners from all over the world. And, as far as I can tell, he is an owner of the shop and nothing more, so if he can do it, you can do it. He is or signs advertising his store as a money changer - but the tourists are always changing their home currency for pesos cash cash?


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