Apply for Money-Changer’s Licence
Monetary Authority of Singapore (MAS)
Apply on MAS
Money-changing licensees are licensed and regulated under the Payment Services Act ("PS Act") to conduct only money-changing services i.e. the service of buying or selling foreign currency notes.
Note that entities that provide other payment services must hold a standard payment institution licence or major payment institution licence instead.
To view the list of money-changing licensees in Singapore, refer to the Financial Institutions Directory.