Businesses to benefit from PESONet

To transform the Philippines from being a cash-based to a cash-less society, the Bangko Sentral ng Pilipinas (BSP), together with the financial institutions, introduced the PESONet. Launched late last year, PESONet, an interbank Electronic Fund Transfer platform, stands to benefit companies that still transact using traditional cash or check payment systems, to go electronic. PESONet is the country’s first Automated Clearing House (ACH) under the National Retail Payment System (NRPS), the BSP’s flagship program whose objective is to increase e-payment transactions to 20 percent by 2020.

Jewelry Appraisal

There are many factors that are taken into consideration when appraising jewelry. The age of the piece, the metal it is comprised of, the stones contained within the piece, the overall gram weight and size and the condition are all factors that contribute to establishing a fair market value for your jewelry. If you are interested in getting an appraisal because you want to sell a particular piece, you are looking to clear out your existing jewelry wardrobe, you are liquidating an estate, you need quick cash or are interested in determining the value of an inherited piece, here is some insight on how an appraisal is done.

There are different types of appraisals. When you take your jewelry to a professional and licensed appraiser, you will need to disclose the type of appraisal you are looking to have performed. This information is important because different types of of appraisals will result in different values. If the wrong type of appraisal is assigned to the piece of jewelry, it may not hold up as a legal document.

A retail replacement value appraisal establishes the highest monetary value that would be assigned to replace an item of similar age, color, metal, origin, quality, appearance and condition in a relevant market and within a specific amount of time. A fair market value appraisal determines the value when a buyer and seller equally agree to a set price and both parties have reasonable knowledge of the item's worth. Insurance appraisal is the most common type of appraisal. Wedding jewelry is most commonly appraised via this method. An appraisal of this nature is performed when ongoing maintenance, cleaning and replacement of a high-value piece is needed.

A resale appraisal occurs when a person is looking to sell jewelry for a set cash value. When a resale appraisal is needed, many jewelers send the piece off to a company with an online appraisal system. Once the piece is returned, it can be sold directly to the jeweler or buyer at the determined fair market value. Always do your research before sending jewelry away for an appraisal.

Make Sure Your Homeowners Insurance Covers Your Needs

While every homeowner accepts that homeowner's insurance is a necessity, many people don't take the time to look at what their policy really covers. This can lead them to assume they're covered for certain circumstances only to find out in an emergency that they aren't covered. Conversely, they may not realize that they do have coverage that might have benefited them in a time of need.

Run Your Home in a More Efficient Way

If you're a working mother, chances are that you run your household. Yes, you and your spouse might be an incredible team. However, many women want their homes to function in a specific way. Unfortunately, many women end up burning themselves out while everyone else is taken care of. If you'd like to run your home in a more efficient way without feeling the pressure of burnout on a consistent basis, consider these tips.


Trust A Full Service Supplier For Your Laundry Facility Needs

If you own a laundromat or laundry service, the quality of your equipment and supplies is going to define the reputation your business earns. While your ability to provide quality customer service will also depend on you and your employees, it will also be determined by how well your equipment functions. Investing in the right equipment can mean providing top service and trusting that your equipment will last for years.