The Monetary Board has disqualified the Entities listed below and any sole proprietorship owned and/or controlled by their respective owners/operators from registering with, and/or obtaining a license from, the BSP to engage in any activity that is authorized or supervised by the BSP for operating as MSB without prior BSP registration.
|Entity||Location||Name of Owner/Operator|
|KIDLAT FAST CASH INC.
|Rusi Bldg., Sta. Rosa St., Poblacion No. 2 (Barangay 2), Dumaguete City,
6200 Negros Oriental
|Ernesto R. Ramas-Uypitching
Don T. Ramas-Uypitching
Anita S. Ramas-Uypitching
Roberto R. Ramas-Uypitching
Nikki J. Ramas-Uypitching
Antonio S. Ramas-Uypitching Sr.
Tyrone T. Ramas-Uypitching
Willis R. Ramas-Uypitching
Joan S. Ramas-Uypitching
Sally S. Ramas-Uypitching
Cindy J. Ramas-Uypitching
Antonio T. Ramas-Uypitching, Jr.
|TONG’S MONEY CHANGER||Tangnan, Panglao,
|Ms. Jered Jane Yap|
The above disqualification is pursuant to Section 901-N of the Manual of Regulations for Non-Bank Financial Institutions, and is part of BSP’s efforts to address the proliferation of entities engaged in the operation of unauthorized MSBs.
 Information on the shareholders was extracted from the latest General Information Sheet of KIDLAT FAST CASH INC., filed by Ms. Nikki J. Ramas-Uypitching, Corporate Secretary per her notarized declaration dated 16 March 2020, obtained via the Securities and Exchange Commission Express System on 19 August 2022.