Where can I obtain a security in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond?
You can obtain a security in the form of a Banker's Guarantee, Finance Company Guarantee or Insurance Bond from a bank, finance company or insurance company that is registered with the Monetary Authority of Singapore (MAS) respectively.
In addition, the insurance company must be a Direct Insurer (General) or Direct Insurer (Composite) listed under MAS's financial directory.
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What are the transactions where security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond) is required?
How does Singapore Customs determine the amount of security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond) that my entity has to lodge?
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