There is a change in my entity's name but no change in the Unique Entity Identifier. Do I need to submit a new security (i.e. Banker's Guarantee (BG)/ Finance Company Guarantee/ Insurance Bond (IB)) application?
If there is a change in entity's name in ACRA records with no change in the Unique Entity Identifier (UEN), identity, rights and obligations of the entity, there is no need to submit a new security application.
However, if there is a change in the UEN, identity, rights or obligations of the entity, a new security application(s) would need to be submitted to replace the existing ones.
Related questions
Can our entity replace our existing security in the form of a Bankers' Guarantee to another form such as a Finance Company Guarantee or an Insurance Bond or other permutations?
We intend to change our company name. There is a change in our entity's UEN. Can we continue to use the existing security for our transactions with Singapore Customs?
What is the procedure to lodge the required security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond)?
Why can't I submit an application until I update my company profile?
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