Back to home

Am I required to lodge a Banker's Guarantee to operate a licensed warehouse?

Updated by CUSTOMS

Companies that intend to operate a licensed warehouse are required to provide security in the form of a Banker's Guarantee or an Insurance Bond. The amount, form, and period of the security shall be determined by Singapore Customs.

Topics:

Customs' Schemes, Licences & FrameworkLicensed Warehouse (LW) Scheme

Related questions

Where can I obtain a security in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond?

customs
1

I am required to lodge security for my permit applications and for the operation of licensed premises. How should I lodge the required security?

customs

What are the transactions where security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond) is required?

customs

Do I need lodge a Banker Guarantee with Customs for transhipment of beer shipment?

customs

Need more help?

Describe your issues to us.

Contact us