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What is the period that Singapore Customs can lodge a claim on my entity's security?
Singapore Customs can lodge a claim any time during the validity period stated in the guarantee template submitted by your entity and within 3 months after the security expiry date.
Related questions
How will I be notified when my entity's security is successfully renewed with Singapore Customs?
My entity has lodged a security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond) with Singapore Customs this year but was not required to do so next year. Why is it so?
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What is the period that Singapore Customs can lodge a claim on my entity's security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond)?
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My entity is lodging security for our transaction(s) with Singapore Customs. The finance company requested for a letter regarding the lodgement request. What should I do?
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