How to Start a Money Changer Business (1)
How to Start a Money Changer Business (2)
How to Start a Money Changer Business (3)

How to Start a Money Changer Business

About the Seminar


With millions of OFW’s who need to change their foreign currency, you are assured of a giant market for money changing.


  • To enable the participant to know how to set up and operate a money changing business

Who Should Participate

  • Those who want to set up a Money Changing Business
  • Pawnshop owners who want to add a complimentary business for more profits

Key Topics

I. Definition and scope of money changer business
II. Capitalization required
III. Factors to consider in selecting a location
IV. Basic business permits
V. Bangko Sentral ng Pilipinas (BSP Requirements)
VI. Anti-Money Laundering Act (AMLA)- How to maintain compliance
VII. Staff requirements
VIII. Equipment required to operate a money changer
IX. Money changer store lay-out
X. Convertible and non-convertible currencies
XI. Currency pricing and buyers
XII. Computations
XIII. How to detect counterfeit currency
XIV. Basic money features
XV. Security features of Philippine Peso
XVI. Security features of U.S. Dollar
XVII. Other convertible currencies (Thailand Baht, Bahrain dinar, Brunei dollar, Euro, Hong Kong Dollars, Korean Won, Malaysian Ringgit, Australian dollar, New Taiwan Dollar, New Zealand Dollar, Singapore Dollar, Saudi Riyal, Switzerland Franc, UAE Dirhams, Great Britain Pounds, Canadian dollar)
XVIII. Basic Money Changer Operations
XIX. Remittance Center as an additional source of revenue
XX. Workshop – security features of different currencies

Schedule: Click to view BusinessCoach Seminar Schedule


9:00 am – 4:00 pm


Unit 201 Richbelt Tower, 17 Annapolis St., Greenhills, San Juan City, Metro Manila

 How to Start a Money Changer Business

Registration Details

Seminar Fee

Php 3,000.00 per person (inclusive of snacks, lunch, seminar kit, handouts, certificate of attendance)


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


Please call to register, or you may download our registration form. Kindly fill-out, and send to us through fax (727.88.60) or email. You will receive a confirmation within 48 hours.

Mode of Payment

  • Deposit payment at Banco de Oro, Savings Account Name: BusinessCoach, Inc. Then kindly fax deposit slip (indicate name of participant and seminar title) to confirm reservation.
  • On-site payment (CASH only)
  • Company checks are accepted, provided that they are received at least five (5) banking days before the event.

Cancellation by Attendee

Registrant may refund amount paid, with less 30% processing charge from the LISTED AMOUNT within 30 days, or opt to use the payment for a seminar of equal value within 60 days. Cancellation must be done at least 2 days before the event. Non-appearance or failure to inform us of cancellation will result to forfeiture of full amount paid.

Cancellation by BusinessCoach, Inc.

Registrant may refund full amount paid within 30 days, or may opt to use the payment for a seminar of equal value within sixty days of cancellation.

Refund Policy

Payment may be refunded upon presentation of the original copy of bank deposit slip and a valid ID. Cash refund is strictly implemented, and may be availed only at the BusinessCoach, Inc. office in San Juan City, Metro Manila. BusinessCoach, Inc. does not deposit refunds.


Schedule may change without prior notice. Please call to confirm. BusinessCoach, Inc. is not liable for any expense incurred by seminar registrant resulting from cancellation of any of our events.

Contact Details

Contact Numbers

Please call (632) 727.56.28, (632) 225.66.16, or (632) 727.88.60
or call/text mobile numbers 0915.205.0133 / 0908.342.3162 / 0926.622.0768 / 0933.584.7266


For other inquiries, you may also leave a message in our contact form.


  • “It’s been a nice experience, and I’ve really enjoyed this seminar. Thank you.” – A. Chua
  • “Discussion was lively, and the speaker was very accommodating and helpful.” – M. Perez
  • “Job well done! Congratulations and thank you.” – A. Arroyo
  • “All good. Thank you very much.” – G. Cabuay
  • “Speaker is very knowledgeable of the topic, and all info about the business is very informative. I can use this in my business.” – S. Salnus
  • “Excellent. Organized facility.” – C. Samson
  • ” Very informative, worth the time and money spent.” – H. Balagot
  • “She knows very well the topics and is proficient in handling the questions.” – R. Sumalabe
  • “More than good. Quite excellent!” – A. Malig
  • “Generally addressed what I needed. The interactive atmosphere of discussion is encouraging.” – V. Tan
  • “Businesscoach training for money changing business was spot on towards my expectations. The speaker was very credible, and applied realistic samples on the discussion. It helps that we knew she’s in the same business. She was also very generous to share experiences. Good job!” – N. Olernambi

Must Read! Related Articles:

Starting a Money Changing Business »
Starting a Money Changer Business in the Philippines »

29 Responses to How to Start a Money Changer Business

  1. Edsel says:

    id love to attend this seminar soon.

  2. Elvie says:

    Merry Christmas and happy new year! I’m from Bacolod City, and I’m interested in money changer business. For our guidance, pls. advise if you are conducting also a money changer seminar at Bacolod, Iloilo or Dumaguete so that we could avail also nearby i/o of Metro Manila area.

    Thanks in advance!

  3. Carmen says:

    I’m interested in attending seminar, kindly give me detailed info on the seminar and schedule.

  4. jocelyn says:

    pls email me how to manage a money changer business,thanks

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