Pawnshop & Remittance Overcharge

Script

[0:00] HOOK — 'FX gaps and appraisal disparities are documentable.'
[0:05] You've seen the ads. You've signed the contract. Pero alam mo ba ang totoo?
[0:12] Pawnshops are BSP-supervised since 2018. (BSP Circular 938 (2017); RA 11765 (2022).)
[0:25] Bago mo i-sangla, pakopya ng total fees + interest. Yan ang totoong cost.
[0:35] Pawnshops must give a pawn ticket with all material terms.
[0:45] May libreng tools sa labanph.org. Free letter builder. Free filing guide.
[0:55] May reklamo ka? File mo. Hindi ka nag-iisa.
[1:00] CTA: labanph.org — boses ng kumakayod.

[0:00] HOOK — FX gaps and appraisal disparities are documentable.
[0:05] Pawnshops ay regulated ng BSP. Pwede mo silang i-reklamo sa BSP.
[0:12] Service charges + interest must be disclosed before pawning.
[0:20] Free tools sa labanph.org. Walang bayad para mag-file.
[0:28] CTA: tag mo si labanph kapag may reklamo ka.

Pawnshop & Remittance Overcharge — FX gaps and appraisal disparities are documentable.

Side-by-side comparisons reveal pawnshop and remittance overcharges across OFW corridors and city branches.

Top 3 facts you should know:
1. Pawnshops are BSP-supervised since 2018.
2. Service charges + interest must be disclosed before pawning.
3. Pawnshops must give a pawn ticket with all material terms.

Free filing tools: labanph.org
DM @labanph for help with your case.

10 Talking Points (cited to law)

1. 01

   Pawnshops are BSP-supervised since 2018.

   Source: BSP Circular 938 (2017); RA 11765 (2022).

   Pawnshops ay regulated ng BSP. Pwede mo silang i-reklamo sa BSP.

2. 02

   Service charges + interest must be disclosed before pawning.

   Source: PD 114 (Pawnshop Regulation Act) §13.

   Bago mo i-sangla, pakopya ng total fees + interest. Yan ang totoong cost.

3. 03

   Pawnshops must give a pawn ticket with all material terms.

   Source: PD 114 §12.

   Walang pawn ticket = labag sa batas.

4. 04

   Appraisal must be reasonable — disparities ≥30% suggest unfair valuation.

   Source: RA 7394 Art. 4; PD 114 §13.

   Pag malayo ang appraisal sa actual value, kayang i-challenge sa BSP.

5. 05

   Remittance fees + FX margin must be shown before sending.

   Source: BSP Circular 1108 — disclosure of remittance costs.

   Bago mo padalhan ng pera, dapat kita mo na ang fees + ang exchange rate.

6. 06

   OFW corridors — UAE, Saudi, HK — often show 2–5% FX gap vs digital alternatives.

   Source: labanph.org/rates/remittance — live frankfurter.app FX baseline.

   Compare bago magpadala. May tools online para makita ang totoong rate.

7. 07

   Anti-Money Laundering Act ID requirements ≠ extra fees.

   Source: RA 9160 (AMLA) — KYC required, but not a billable line.

   AMLA = ID lang. Hindi yan dahilan para singilin ka ng dagdag.

8. 08

   Branch-level renewal extensions must show running interest.

   Source: PD 114 §13.

   Tanungin every renewal: 'Magkano na ang running interest?' Kasi nag-co-compound yan.

9. 09

   BSP Consumer Assistance is the formal complaint channel.

   Source: BSP Circular 1048 + Consumer Assistance Mechanism.

   Email: consumeraffairs@bsp.gov.ph. May 15 banking days dapat sila sumagot.

10. 10

    Class-style complaints get faster regulator response than individuals.

    Source: BSP CAM — patterns escalate priority.

    Pag maraming nag-file ng same issue, mas mabilis ang aksyon.

Cite primary law/circular when on camera. Avoid naming specific individuals unless they are public officers / directors of record. Frame as 'company X violated rule Y'; never as 'X is a scammer'.