Last Revised Date: 23 July 2018

Notice 3101 Exchange Rates (for Money-Changing Licensees only) [Cancelled]

Requirements for money-changer's licensees to quote fair market exchange rates and provide a risk disclosure statement for delayed settlement.

This notice applies to all holders of a money-changer's licence.

It sets out requirements to:

  • Quote fair market exchange rates to customers.
  • Provide a risk disclosure statement for money-changing transactions that are not settled immediately.
  • Display exchange rates prominently at places of business.

MAS Notice 3101 (Cancellation) 2020 (62.1 KB)

Amendment Notes

23 Jul 2018
MAS Notice 3101 (Amendment) 2018 takes effect.