Will the money transfer (transaction) expire?
If it expires, what will happen to the money?
Can you claim that expired money?
Does Palawan Express have expiration date?
AnswerPalawan Express (Palawan Pawnshop) doesn't have an expiration of your money when you transact to them.
The proper term used is "grace period".
Unclaimed money in Palawan Express has a 1-year grace period. And that's good news, right?
In other words, you can still claim the money even if it's still there in Palawan Express for 1 year.
But there's a monthly service charge you need to pay. It costs 1% or Php30 or more if you didn't claim the money after 30 days.
But it's just very minimal. At least you can still claim the money, right?
So, you don't need to worry if your money in Palawan Express is not yet claimed after 30 days (1 month) or even in 1 year.
What will happen to the unclaimed money after 1 year?
Palawan Pawnshop will give the unclaimed money to selected charitable institutions.
So, your money will still go in good hands. Many people will be given help and financial assistance.
Do you have any other concern with Palawan Pawnshop? Just tell us in the comment below.