Regulation on OFW Foreign Exchange Remittance

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EXECUTIVE ORDER NO. 857: Regulation on OFW Foreign Exchange Remittance

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Title Supreme Court: Regulation on OFW Foreign Exchange Remittance

Law: Executive Order No. 857

Decision Date: Dec 13, 1982

Executive Order No. 857 mandates Filipino workers abroad to regularly remit a portion of their earnings to their beneficiaries in the Philippines, with consequences for non-compliance, and requires employers to provide facilities for remittances and monitor earnings.

remittance

foreign exchange earnings

beneficiaries

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