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The Philippine Embassy in Qatar has issued an advisory regarding the Bangko Sentral ng Pilipinas (BSP) clarification on exchanging Qatari Riyal to Philippine Peso. Reports of difficulty issues in exchanging the Qatari currency in the Philippines both from Qatari Tourists and OFWs who are based on Qatar bringing the currency home as many local banks and money changers and foreign exchange dealers refuse such transactions.
However, the BSP clarifies that it has not issued any policy prohibiting the exchange of QAR for PHP through banks, money changers (MCs) and foreign exchange (FX) dealers.
The BSP also clarified that acceptance of the QAR (or any other foreign currency) has always been a business decision of banks, MCs and FX dealers.
It means that the OFWs who wish to bring the currency home are welcome to do it as long as they know a local bank or money changers who do such transactions. The best way is to coordinate with their family and friends before bringing the currency home.
Meanwhile, if any employees working in Qatar has experienced delays on their salaries beyond the allowed period of t days, they can find a new employer immediately without the need of securing a No Objection Certificate (NOC) from their former company or sponsor.
According to the Ministry of Administrative Development, Labour and Social Affairs (MADLSA) ruling, employees will have the right to switch jobs without getting a No-Objection Certificate (NOC) from their employers if the company fails to pay their monthly salaries within seven days.
According to an official from the MADLSA, this decision has been taken at the ministerial level and will take effect soon.
He noted that few companies in Qatar are yet to adopt the Wage Protection System (WPS), adding that the government is taking action to identify those companies. MADLSA wanted that the workers will receive their salary on time without even a bit of delay.
Due to the reports that some employers in Qatar are not paying their employees well and on time, it reflects to the reputation of Qatar and they want to accordingly address this issue once and for all.
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The employees in Qatar including thousands of the Overseas Filipino Workers are protected under the Qatar labor law with regards to receiving their salary properly and on time.
The employer may not charge any interest on the loan he may grant to the worker and shall not deduct more than 10% from the wage of the worker in settlement of the loan.
The total of the sums to be deducted from the wage of the worker in settlement of the deductibles and debts due from him shall not exceed 50% of his aggregate wage. If the percentage which shall be deducted from the wage of the worker within one month exceeds this percentage the deduction of the excess percentage shall be deferred to the following month or months.
Withholding the employees wages or salaries for reasons other than which are allowed by the law is a violation of the employee’s rights and deemed illegal.
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