RD Pawnshop | No advance interest (2024)

This is our core business and we assure that our clients feel they are valued and given high-quality customer service. RD Pawnshop is a leader and visionary in assuring a delightful pawning experience to our clientele and considered as one with the highest appraisal in the country.With 44 years of rich experience, we have loyal customers who attest to our satisfactory appraisal standards. We operate with our business proposition of low interest rates and no advance interest. Pawning with RD is a presto solution for those in pressing need of cash. We accept a wide array of jewelry items, from gold smith to slightly used items:

1. Gold Jewelry
-bracelets
-earrings
-necklaces
-pendants
-rings
2. Gold bars
3. Watches (only these specific brands)
-Rado
-Rolex

Our appraisers at RD Pawnshop are highly qualified and trained to appraise your jewelry or item. You can be assured that you are getting your valuables’ worth in full stretch, more so than in any other pawnshop. Delightful pawning experience— guaranteed!

Here are the ways to transact with us:

1. Customer present their Pledge Loan Ticket to the nearest branch near his/her location.

2. Branch personnel transacts online renewal request and asks the customer for the Renewal Fee. A very minimal charge for the Online Renewal Fee will be asked from the customer.

3. Customer will get a notice right away that the item has been renewed and an information to visit the branch of origin to get the new Pledge Loan Ticket the moment he/she goes home.

1.Customer logs in to the RD Service Web or RD App.

2.Chooses the Online Renewal in the Pawning Tab.

3.Keys in the current expiring Pledge Loan Pawn Ticket Number.

4.E-Wallet or Credit Card pays the Renewal Fee and the very minimal Online Renewal charge.

5.The Web or the App will alert the Customer with a certification notice that the item has been renewed successfully.

6.The same certification shall inform the customer to visit the branch of origin to get the new Pledge Loan Ticket the moment he/she goes home.

1. The pawner hereby accepts the pawnshop’s appraisal as proper.

2. The pawnshop hereby agrees not to collect advance interest for a period of more than one (1) year.

3. This loan is renewable for such amount and period as may be agreed between the pawnshop and the pawner subject to the same requirements for a new loan.

4. Upon maturity of this loan, as indicated above, the pawner still has ninety (90) days from maturity date within which to redeem the pawn by paying the principal loan plus the interest that shall have accrued thereon.

5. The amount of interest due and payable after the maturity date of the loan up to the redemption period shall be computed upon redemption at the rate of interest provided above based on the sum of the principal loan and interest earned as of the date of maturity. Any additional penalty and/or interest shall also be computed in the same manner.

6. The pawnshop shall notify the pawner of any change in its business address/location.

7. The pawner shall advise the pawnshop of any change of address/contact number/e-mail address.

8. The pawnshop shall send a reminder to the pawner in the preferred mode of notification given above, or at the new address/mobile phone number or e-mail address, if such was provided by the pawner on or before the maturity date. The pawnshop shall have the right to sell or dispose of the pawn if the pawner fails to redeem it within the ninety (90) day grace period.

9. This ticket shall be surrendered at maturity date upon payment of the loan. In case of loss or destruction of this ticket, the pawner hereby undertakes to personally present an affidavit to the pawnshop before the redemption period expires. The pawnshop has two (2) days to decide whether to accept (1) the affidavit in place of the original pawn ticket; or (2) to issue a substitute pawn ticket, thereby cancelling the original.

10. The pawner shall not assign, sell or in any other way alienate the pawn securing this loan without prior written consent of the pawnshop. If the pawnshop agrees, the terms and conditions of this contract remain enforceable.

11. In case of pre-payment of this loan by pawner, the interest collected in advance shall accrue in full to the pawnshop.

12. The pawner shall not be entitled to the excess of the public auction sale price over the amount of principal, interest, and service fee; neither shall the pawnshop be entitled to recover the deficiency from the pawner.

13. Venue of all judicial and administrative cases or proceedings and other legal incidents arising out of or in connection of this contract shall solely and exclusively be brought before appropriate courts, department, offices, or agencies of the government situated in Cebu City.

14. The authorized representative must present valid identification papers.

15. Upon expiration of the redemption period, the pawnshop has the right to open the sealed pawn for purposes of public auction.

16. For purposes of computing the amount of interest for pledge loans paid after maturity date, a fraction of (less than) a month shall be considered as one whole month.

17. In case this loan is not paid on maturity date, the pawner hereby agrees to pay in addition to accrued interest, two (2%) per month of the principal, as liquidated damages. For purposes of computing the amount of liquidated damages, a fraction of a month shall be considered as one (1) full month. The pawnshop may, at its sole option, allow redemption of pawn after expiration of the 90-day grace period upon payment by the pawner of the loan principal plus interest due and liquidated damages at the rates and manner of computation herein prescribed.

18. The pawner shall hereby notify the pawnshop of his/her intention to redeem the pawn twenty-four (24) hours prior to actual redemption.

Cash Padala is RD Pawnshop’s trademark for domestic money transfer service. We offer competitive and customer-friendly rates that ensure our Cash Padala clients have a sizeable take-home remittance. We also offer free charge for amounts P100 and below.

With 1,600+ branches nationwide plus accredited business partners where you can also send and/or receive remittance, RD Pawnshop’s Cash Padala is very much accessible, fast, easy, and reliable. The recipient can claim the money in his/her nearest RD Pawnshop branch or partner-agent outlet as soon as the sender completes the sending process from his/her location.

• Passport
• Driver’s License
• Professional Regulation Commission (PRC) ID
• National Bureau of Investigation (NBI) Clearance
• Police Clearance
• Postal ID
• Voter’s ID
• Barangay Certification
• Government Service Insurance System (GSIS) e-Card
• Social Security System (SSS) Card
• Senior Citizen Card
• Overseas Workers Welfare Administration (OWWA) ID
• OFW ID
• Seaman’s Book
• Alien Certification of Registration/Immigrant Certificate of Registration
• Government Office and GOCC ID, e.g. Armed forces of the Philippines (AFP ID)
• Home Development Mutual Fund (HDMF ID)
• Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
• Department of Social Welfare and Development (DSWD) Certification
• Integrated Bar of the Philippines ID
• Company IDs issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC or IC

1. The RD Cash Padala (RDCP) remittance service is available in all outlets nationwide.
2. RD Cash Padala, Inc. accepts only CASH (Philippine peso) in sending money.
3. The recipient must personally withdraw the money sent with standard valid identification, subject to hours of operation to pay out, availability of its communication facilities and other conditions.
4. The sender is responsible in notifying the status of transaction to the recipient and therefore RD Cash Padala , Inc. shall not be liable for the failure of the sender to send the necessary information to the recipient.
5. RD Cash Padala is not obliged to deliver the money sent to any other place other than in its branches and authorized outlets.
6. The sender shall pay the additional charges if he decides to change his original sending entries while the principal amount of money transfer will be refunded for cancelled transaction after approval from the head office.
7. Should the recipient fail to withdraw the money within one (1) month, he is responsible to inform the sender for reactivation of the said transaction and pay additional charges.
8. RDCP personnel may not accept, process, or pay any money transfer at their sole discretion once it determines that a violation of RDCP policy, AMLA or any applicable law has been or may be committed.
9. In no event shall RD Cash Padala, Inc. be liable for damages for delay, non-delivery, non-payment, or underpayment of this money transfer, whether due to fault, error or omission of RD Cash Padala, Inc. or its representatives.
10. In signing this form, customer consents that the information given may be used, processed, and stored by RDCP and any of its branches and outlets in order to perform the availed services.

Powered By:

1. Go to your nearest RD Pawnshop branch.
2. Present your mobile number or subscription account number.
3. Give the payment due.

RD Pawnshop is continuously and dynamically expanding its endeavors to become your one-stop shop for individual financial services. We are already one of the leading comprehensive industry billers in the country. For ease and convenience, you can pay your monthly/obligatory bills in any RD Pawnshop branch in one go. The process is fast and easy.

Whether for utility or telco bills, internet/cable subscriptions, airline/ship tickets, school tuition fees, government payments, or loan and credit card bills, RD Pawnshop has got you covered. Just check our full and growing list of partners to see if your intended payment center or company is included.

• SMARTMONEY
• GCASH
• EASYTRIP
• PAYMAYA
• CTBC
• RFID ECARD
• GAMETIME
• DIBZ PAY
• YAZZ
• MAYBANK
• GETGO
• PDAX
• HELLOMONEY
• RCBC MYWALLET

Powered By:

1. Check if your service provider is one of the billing partners of RD Pawnshop.
2. Visit any RD Pawnshop branch with your bill and present it to the branch associate.
3. Write down the information requested in the RD Pawnshop form given to you.
4. Your transaction is processed online.
5. Settle the amount and pay the corresponding processing fee.
6. Receive your receipt of transaction and get your copy of the utility bill.

Many airlines and shipping lines have partnered with RD Pawnshop to make your preps for plane and sea travels even easier and more convenient. Do an online reservation on your chosen airline’s website. After the initial processing, you will get the necessary payment code or reference number. To pay for your ticket/s and complete your reservation, you can go to any RD Pawnshop branch nationwide.

Paying for Your Air/Sea Ticket at RD Pawnshop

1. Apply for your reservation on your airline’s website. You will get a payment code and the total amount to be paid.
2. Within 24 hours after booking, go to the RD Pawnshop nearest you. Give the payment code / reference number to the branch personnel at the counter.
3. The branch personnel will input your details on the system.
4. Pay the ticket fee and transaction fee.
5. Check your details and get the receipt which contains your transaction number.

Here are some of our partner airlines and shipping lines:

• AirAsia
• Cebu Pacific
• Philippine Airlines
• Viacom

We established our foreign exchange services to accommodate yours and the International Filipinos’ needs. At RD Pawnshop, you can always rely on your transactions to be honorable and secure. At the moment, we offer and sell only US dollars but we’ll be expanding on that in the near future.

How to Transact for Foreign Exchange

1. Go to any RD Pawnshop branch.
2. Present your foreign currency bill (US Dollars) to the branch associate for checking and validation.
3. Present your valid ID.
4. Fill out the Money Changer ticket and provide your details.
5. Your transaction is processed to the system.
6. You will receive the Philippine Peso equivalent of your US Dollars.

Disclaimer:

• Our branches may refuse to change your foreign currency bill depending on the condition of the bill, e.g. damage, written marks, etc.
• Rates are indicative and may vary per branch and time of day. Visit or contact your nearest RD pawnshop branch for the actual rates.

Our Cash Padala services extend globally! You can send and receive remittance from anywhere in the world with an RD Pawnshop partner. With our huge agglomeration of international partners, you can collect your remittance with ease, accessibility, and comfort, all in real-time. At RD Pawnshop, your remittance is always performed with dispatch, convenience, and quality in mind.

Here are some of the partners from our growing list.

• Sendah-Ayannah

• DBP

How to Claim Money in the Philippines from Abroad

1. Visit any RD Pawnshop branch and fill out the form.
2. Present the accomplished form and valid ID to the branch personnel.
3. Your transaction is processed in the system.
4. The remitted amount is released by the branch personnel.
5. Count the money received. Secure the official receipt for proof of remittance.

IDs Accepted(as mandated by the BSP for institutions with financial transactions)

1. Passport
2. Driver’s License
3. Professional Regulation Commission (PRC) ID
4. National Bureau of Investigation (NBI) Clearance
5. Police Clearance
6. Postal ID
7. Voter’s ID
   
8. Barangay Certification
9. Government Service Insurance System (GSIS) e-Card
10. Social Security System (SSS) Card
11. Senior Citizen Card
12. Overseas Workers Welfare Administration (OWWA) ID
13. OFW ID
14. Seaman’s Book
15. Alien Certification of Registration/Immigrant Certificate of Registration
16. Government Office and GOCC ID, e.g., Armed Forces of the Philippines (AFP ID)
17. Home Development Mutual Fund (HDMF ID)
18. Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
19. Department of Social Welfare and Development (DSWD) Certification
20. Integrated Bar of the Philippines (IBP) ID
21. Company IDs issued by private entities or institutions registered with or supervised or regulated either by the Bangko Sentral ng Pilipinas, Securities and Exchange Commission or Insurance Commission
22. Tax Identification Number (TIN)
23. ID issued by the National Council on Disability Affairs (NCDA)
24. Philhealth Health Insurance Card ng Bayan
25. School ID signed by the school principal or head of the educational institution
26. Philippine Identification Card (PhilID) issued by Philippine Statistics Authority (PSA)
27. For Foreign Nationals

• Passport
• Alien Certificate of Registration

Disclaimer:

• We only process up to Php50,000.00. For higher amounts, we recommend you to take it up with our partner banks.

Terms and Conditions (for main partner MoneyGram)

1. The MoneyGram Money Transfer Service (the “Service”) is provided by MoneyGram Payment Systems, Inc. (“MoneyGram”) through its network of Representatives “Service Reps”). Customers may call the customer toll-free number for the address and hours of Service Rep locations in their area which can be obtained from any service Rep Location.
2. Send Information. Maximum permissible amounts for single transfers (a “Transfer”) and daily transfer totals apply. Ask your Service Rep for the limits applicable to your transfer. When required by law, Transfers sent or received will be reported to the appropriate government authorities. Depending upon availability you may direct delivery of a transfer to: and individual (a “Receiver”) for delivery at a specified address or receipt at as Service Rep location; a third party debit card issued by a company outside of the U.S. (a “SVC”); or a bank account (“Account”). Neither you nor receiver will have a “deposit” with MoneyGram at any time during the Transfer. You warrant that all information you supply to MoneyGram is and shall remain accurate and complete. It is your responsibility to verify the “Received County” on the face of this form. Be cautious when sending money at the direction of strangers.
3. Receive Information. Ask your Service Rep for information on the currency or currencies available in the receiving country. Transfers will be paid out or credited in cash, travelers check, money order, check, Bankers Draft or a combination thereof or, if selected by Sender, delivered to an Account or SVC. A transfer is received and MoneyGram has no further liability to you, except as set forth below when: it is disbursed to a Receiver, or notice of your payment for the Transfer is made available to the issuer of a SVC or bank that holds the Account (a “Financial Institution”). A Transfer intended for pick up by the Receiver will normally be available for collection during the hours of operation of the selected Service Rep location, however transfer to certain destinations may be subject to delay. A transfer may only be available as a refund to Sender if forty-five days have elapsed since the Transfer was only sent, or the Transfer is to an SVC or Account and the Transfer was not accepted by the Financial Institution. If Sender directs delivery to a SVC or account MoneyGram makes no representation as to when the Transfer amount will be accepted by the Financial Institution and MoneyGram shall have no liability to Sender once the Transfer amount is credited to the SVC or Account. In addition to charges imposed by MoneyGram, a Financial Institution imposed fees as an outright charge or by delivery of less than the Transfer Amount. Neither Sender nor Receiver will have a deposit with MoneyGram at any time during the Transfer.
4. Identification. If the Receiver is unable to produce valid identification when receiving funds. You may be able to set up a test question and answer with the Service Rep, depending upon the transfer amount and whether the test question and answer option is available at the Service Rep location. A transfer which includes a test question may be paid out upon the correct answer to the test question or upon presentation of valid identification by the Receiver. The transfer reference number is not always required to receive & transfer. Sender should use caution when sending to Receivers whom they do not know and should not make information about the transaction available to any third party.
5. Currency Exchange. Please ask your Service Rep for information regarding the exchange rate applicable to your transfer and the currencies available in the Receive Country or at a specific location. In addition to the service to this transfer, a currency exchange rate is set by MoneyGram or its Service Reps may be applied. Any difference between the rate given to customers and the rate received by MoneyGram or its Service Reps will be kept by MoneyGram or its Service Reps. The “Amount to be Received”, specified in the face of this form is valid for transfer to the Receive Country unless (1) 45 days have elapsed since the Transfer was sent; or (2) it is stated in the US Dollars or Euro and MoneyGram’s Service Reps, in the Receive Country pay out in a currency other than US Dollars or Euro. In that event, the transfer amount may be converted into local currency using the exchange rate established by MoneyGram or its Service Reps at the time the funds are disbursed to the Receiver, the exchange rate may be affected by political, economic, and other conditions in the Receive Country, and Service Reps within a country may not apply a uniform currency exchange rate, causing the currency exchange rate to vary based upon the location selected by the Receiver. MoneyGram is not a party to any currency conversion subsequent to the Transfer. Also, if the Receiver requests that the payout be made in a currency other than the currency in which the Service Rep normally pays out or other than the currency that was specified on this form, the Transfer is to an Account and the Account is not in the Receive Country specified on the face of this form the Service Rep may charge an exchange fee. This exchange is a separate transaction between the Receiver and the Agent, and is not a part of the MoneyGram Transfer.
6. Refund Information. There shall be no right to a refund if the Sender provides any incorrect information or if the Transfer was directed to a SVC or Account and the transfer amount has been accepted by the Financial Institution. The Sender may request a refund of the transfer amount and cancellation of the money transfer either by writing to MoneyGram International ltd, at the address below, or visiting the Service Rep location where the transfer originated. All refund requests must be accommodated by a copy of the original Send Form. All refund requests will be subjected to MoneyGram review and discretion, and will normally be processed within 30 days of receipt of a valid request. Funds provided to MoneyGram for the transfers processed through the MoneyGram system are being provided for transmission purposes are not a deposit.
7. Validity Period. The receive amount specified on the front of this form is valid for 45 days from the initiation of the transfer in the Receive Country specified on the front of this form. After 45 days, a transfer may only be available as a refund to You. However, if a transfer is paid out after 45 days, MoneyGram may apply the exchange rate set by MoneyGram or its Service Reps at the time of the payout. If the receive amount is stated in both US Dollars and the receiving country’s currency, only the US Dollar amount is valid; the receive amount stated in the receiving country’s currency is only an estimate.
8. Liability. In no event shall MoneyGram be liable for damages for delay, non-delivery, nonpayment or underpayment of this money transfer, whether due to the fault, error, or omission of MoneyGram or its representatives, for more than the transfer amount and the consumer fee paid by the Sender, except as otherwise provided by law. No liability is accepted for variance or service delays due to local regulations or causes beyond the control of MoneyGram. In no event shall MoneyGram be responsible for any incidental, indirect, special, or consequential damages.
9. Data Protection. MoneyGram will use the information provided in this (send/receive form) in order to provide you with payment transfer services. MoneyGram may store your personal information on its databases for the purposes of the administration of its ongoing relationship with you. You have the right to request a copy of certain personal information that MoneyGram holds about you, and to require MoneyGram to correct inaccuracies in that information. MoneyGram may share the information with MoneyGram’s parent companies and Service Reps, but will not share it with any third parties except as required by law. Those other MoneyGram entities may be located outside the European Economic Area. Your provision of personal information on this form is voluntary. By completing this form, you expressly consent to MoneyGram’s use and transfer of your information for these purposes.
10. Governing Language. These Terms and Conditions have been prepared, and will be executed, in the English language, which shall be the governing language for all purposes. Any translation into a language other than English is solely for the convenience of the parties.