Set up Bank Representative Office
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.
How to Apply
All applications will be processed promptly. The processing time typically takes about one to two months, assuming all information has been submitted to MAS' satisfaction. Actual processing time depends on the circumstances of each application.