Guidelines
These guidelines apply to all banks and merchant banks in Singapore. They set out the factors that MAS would consider in determining whether a financial product satisfies the definition of a “deposit” under the Banking Act.
Amendment Notes
- 01 Jul 2021
- Guidelines on Definition of a “Deposit” dated 07 October 2004 is revised.
- 02 Dec 2005
- Guidelines on Definition of a “Deposit” dated 07 October 2004 is revised.
- 07 Oct 2004
- Guidelines on Definition of a “Deposit” dated 07 October 2004 takes effect.