Notices
Last Revised Date: 29 June 2020

Notice 647 Places of Business of Credit Card and Charge Card Licensees

Requirements for credit card and charge card licensees on setting up or relocating a place of business.

Credit card and charge card licensees must apply for approval from MAS before opening a new place of business or changing the location of an existing place of business in Singapore. Licensees must notify MAS within 7 days of setting up a new place of business or relocating an existing place of business.

This notice also includes:

  • The definition of a place of business.
  • Restriction on credit card and charge card licensees from receiving credit card or charge card applications at temporary locations without prior approval from MAS.

Amendment Notes

29 Jun 2020
MAS Notice 647 (Amendment) 2020 (334.6 KB) dated 29 June 2020 takes effect.

01 Dec 2013
MAS Notice 647 dated 1 December 2013 takes effect.