xMBC
xMBC was established to expand
Malaya Infinity's financial
services capabilities.
It aims to have a legal document to assist all its holders inside and outside of blockchain, local and international.
We partnered with one of the best Business Solutions in the country of the Philippines. VIPS with ACM BUSINESS SOLUTIONS.
We invested worth 60,000 XRP for the franchise, licenses, and Outlets
misc. and Rental fees for the 1st (2 outlets) we are planning to
open 8 more outlets and 1 main office this coming 2023.
misc. and Rental fees for the 1st (2 outlets) we are planning to
open 8 more outlets and 1 main office this coming 2023.
FIRST XMBC OUTLET
LOCATED AT #07 CAINTA ST. MAYPAJO CALOOCAN CITY
SECOND XMBC OUTLET
LOCATED AT #22 TERMINUS PLAZA TANZANG LUMA 1, IMUS, CAVITE
SECOND XMBC OUTLET
LOCATED AT #2376 OPALO ST. SAN ANDRES, METRO MANILA
AMLA CERTIFICATE / AMLC CERTIFICATE
The Anti – Money Laundering Act (AMLA) of 2001 or RA 9160 criminalizes unlawful activities such as graft and corrupt practices, fraudulent practices, robbery and extortion, swindling, and plunder, amongst other activities.
Under AMLA, there are select organizations that are required to comply with the anti-money laundering regulations in the Philippines, including:
- Banks, trust entities, and other institutions regulated by the Bangko Sentral ng Pilipinas (BSP)
- Insurance companies
- Brokers, salespeople, and investment agents
- Closed-end investment and pre-need companies(e.g., memorial chapels, schools)
- Money changers, payment, remittance, and transfer companies
- Financing and lending companies
If your business falls under the above-mentioned organizations and fails to report such money laundering activities, you may face imprisonment from six months to four years and/or a fine of at least P100,000.
