2 entities barred from registering with BSP for operating as money service businesses sans registration

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[1]



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

Cristina 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,

6340 Bohol

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.

[1]   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.


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