BD 15/2003: Setting Up of Additional Outlets to Provide Remittance and Money-Changing Services
Requirements for banks when setting up limited purpose branches to provide remittance and money-changing services.
Requirements for all banks in Singapore with respect to limitations on branches and places of business they can open, setting up ATMs and ATM networks, and providing debit services on an EFTPOS network.
This notice applies to all banks in Singapore, with certain exceptions for banks whose home countries have free trade agreements with Singapore.
It covers requirements for: