Cir. No: FSG 20/2001

Date: 18 Apr 2001

To: All Banks

Dear Sir/Madam

MAS NOTICE 629 - APPROVED TRANSACTIONS UNDER SECTION 29(2)(E) - CORPORATE CREDIT CARD FACILITIES

The Authority hereby issues this notice to approve of corporate credit card facilities as a type of transactions under section 29(2)(e) of the Banking Act. This notice shall take immediate effect.

2 Should you need any clarification, please contact Mr Francis Quek at 6229 9875 or Mr Chia Der Jiun at 6229 9243.

Yours faithfully,

RAVI MENON
EXECUTIVE DIRECTOR
SUPERVISORY POLICY DEPARTMENT / BANKING DEPARTMENT
FINANCIAL SUPERVISION GROUP

Click here to view the MAS Notice 629.