Hong Kong MSO Remittance PI
Big payment institutions Hong Kong MSO 330,000 EUR (no guarantee bank account transfer) 530,000 EUR (guarantee bank account transfer) Licensed Activity: Remittance Date of Licence Issuance: 2010 Last Renewal: October 2024 Licence Expiry: October 2026 Business & Operations Main Business Activity: Remittance (primary focus: remittance to the Philippines) Operational Status: Yes, company is in operation Trading System: Yes, self-developed system Screening / Compliance System: Yes, self-developed (very limited number of clients) Bank Accounts Primary Bank Account: PNB (Philippine National Bank) – remittance settlement Additional Bank Account (Internal Use): BDO Universal Bank (MPF, administrative and internal use only) Company Structure Number of Directors: 2 (natural persons) Number of Shareholders: 1 Company Ownership: 100% shares available for sale Total Staff (excluding directors): 1 employee Staff Salary: HKD 12,000 per month Physical Presence Shop / Office: 1 shop Monthly Rent: HKD 6,500 Financial Information Company Income: Approximately HKD 30,000 per month Annual Expenses: Not specified Company Profit: Operating at a loss NAV (Net Asset Value): Not provided Compliance & Legal Liabilities: None Disciplinary Records: None Quarterly Customs Reporting: Not provided Number of Clients: Not provided Reason for Sale Seller’s Origin: Philippines Reason for Sale: Not provided Transaction Structure MOU Signing: 30% deposit Due Diligence Period: 14 days SPA Signing: 40% payment Final Payment: 30% upon Customs approval and completion of share transfer
Assets Details
Licensed MSO in Hong Kong with primary remittance business to the Philippines. Self-developed trading system and screening/compliance system. One shop/office. Primary bank account with PNB (Philippine National Bank) for remittance settlement and additional internal-use account with BDO Universal Bank.
Monthly Expenses
€18,000
Revenue
30000
Unpaid Liabilities
false
Traditional Bank Accounts Details
Primary bank account: PNB (Philippine National Bank) – remittance settlement. Additional bank account: BDO Universal Bank (MPF, administrative and internal use only).
Structure of Deal
MOU signing with 30% deposit; 14-day due diligence period; SPA signing with 40% payment; final 30% payment upon Customs approval and completion of share transfer.
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