Key facts
Code summary
Code 6493
Official title Pawnshop operations
Version PSIC 2019
Source layer PSA / BSP
Fi
PSIC 2019 Navigation-first hub Class 6493 - Pawnshop operations
PSIC Class 6493 covers Pawnshop operations. Current child subclasses include Pawnshop Operations. This four-digit layer is useful when comparing neighboring activities before landing on the five-digit subclass most...
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Nearby codes
About this level
Practical summary
Class 6493 sits in the PSIC 2019 hierarchy under K Financial and Insurance Activities > 64 Financial Service Activities, except Insurance and Pension Funding > 649 Other financial service activities, except insurance and pension funding activities. This class usually fans out into more specific subclasses such as Pawnshop Operations. It is the level people use when they already know the activity family but still need the exact five-digit match.
Administrative context
Where this code is used
This class is used when a business can already narrow the activity family and only needs to compare the final subclasses such as Pawnshop Operations. It is the level most often checked before a five-digit decision is finalized.
Selection note
How to choose it
Use this class to choose between its final subclasses such as Pawnshop Operations. If two options look close, compare the exact activity, the outputs and the way the business actually earns revenue.
Official note
Source-backed description
This group refers to the business of lending money on personal property physically delivered to the control and possession of the pawnshop operator as loan collateral. Allowable corollary activities of those engaged in pawnshop operations shall include money changing and/or performing as remittance agent, as may be registered with the Bangko Sentral ng Pilipinas. This category covers pawnshop with single activity and those whose primary activity is lending money on personal property. Pawnshops may also engage in other business activities such as acting as bills payment agent for utility companies and other entities, ticketing agent for airline companies, and other similar business activities provided that the appropriate department of the BSP shall be notified within five (5) working days from the date of actual engagement of the pawnshop in such business activity.
FAQ
What does PSIC Class 6493 cover?
PSIC Class 6493 is the four-digit layer that sits just above the final subclasses and usually defines the activity family for Pawnshop operations.
How do I compare Class 6493 with the sibling classes?
Read the neighboring classes and compare the exact wording of the child subclasses. Nearby options include 6491 Financial leasing and 6492 Other credit granting.
Why does Class 6493 matter for a filing decision?
It is usually the last broad checkpoint before the five-digit subclass choice, so it is the right place to catch near-miss classifications.