Am I required to lodge a Banker's Guarantee to operate a licensed warehouse?
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.
Related questions
What are the transactions where security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond) is required?
Where can I obtain a security in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond?
I am required to lodge security for my permit applications and for the operation of licensed premises. How should I lodge the required security?
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