MONETARY AUTHORITY OF SINGAPORE (MAS)Required to operate
Money-Changing Licence
Money-changing licensees are licensed and regulated under the Payment Services Act ("PS Act") to conduct only money-changing services i.e. the service of buying or selling foreign currency notes.
- Processing time
- available on the agency's website
- Issuing authority
- MONETARY AUTHORITY OF SINGAPORE (MAS)
Need help applying for this licence?
We handle the full application — document prep, agency liaison, follow-up — alongside your incorporation.
Who needs the Money-Changing Licence
This licence applies to Singapore businesses registered under the following SSIC industry codes:
- Required to operate66126 — Money-changing services
Includes: 66126 Money-changing services
Get a quote — incorporation + this licence
We package this with your company setup so you launch with the licence already approved.