33 questions
Security Lodgement
My entity wishes to withdraw the security lodged with Singapore Customs. How do we go about doing so?
How will I be notified when my entity's security is successfully renewed with Singapore Customs?
Can I put up fixed deposits as a form of security with Singapore Customs?
What are the transactions where security 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?
Can I extend the validity of the current security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond)?
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?
I received Customs Banker's Guarantee (BG) renewal letter. However, my entity did not lodge any security with Customs. What should I do with the letter?
I am not sure if my entity has lodged security with Customs. How should I proceed?
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