Set up Bank Representative Office

Bank representative offices are registered under section 13A of the Banking Act (Cap. 19).

A bank representative office may carry out liaison work, market research or feasibility studies, but is not allowed to transact any business in Singapore.

The registration of a bank representative office does not imply that the applicant will qualify for a banking licence in future.

Before You Apply

Prospective applicants interested in setting up a bank representative office are encouraged to contact the Banking Department of MAS about their plans before submitting a formal application.

Discussing the registration requirements at an early stage helps to identify issues that may affect the proposed application.

For further enquiry or to make an appointment with the Banking Department of MAS, send an email to bd_registry@mas.gov.sg .

How to Apply

To apply, submit the Application to Set Up Representative Office (101.6 KB). Refer to the form for detailed instructions.

Processing Time

All applications will be processed promptly. As each application will be evaluated on a case-by-case basis, processing time depends on the circumstances of each application and the completeness of information submitted.