Guidelines for Operation of Wholesale Banks

Guidelines on the permitted activities and restrictions for wholesale banks.

Operations

Applies to: Wholesale Bank (Branch) , Wholesale Bank (Locally Incorporated)

View Document Guidelines for Operation of Wholesale Banks (72.5 KB)

These guidelines apply to all wholesale banks in Singapore. They list out the requirements which a bank need to adhere to when operating under a wholesale banking licence in Singapore.

The guidelines cover:

Allowable banking business.
Conditions for issuing bonds and negotiable certificates of deposit in Singapore.
Place of business.

27 May 2022: Guidelines for Operation of Wholesale Banks (revised on 26 May 2022) takes effect.
1 Jul 2021: Guidelines for Operation of Wholesale Banks (revised on 11 June 2021) (266.8 KB) takes effect.
31 Jul 2008: Guidelines for Operation of Wholesale Banks (revised on 31 July 2008) (11.7 KB) takes effect.