This is a brief overview of a payment institution in Singapore for sale. Incorporated in 2018, this institution with the MAS exemption is now obtaining a MPI license.
Scope of permitted activities:
- account issuance;
- domestic money transfer;
- inward crossborder money transfer;
- issuance of electronic money where the total float held by the EMI does not exceed S$30 million.
Payment institution in Singapore for sale: what’s included
- Company is operational and offers services to the clients – SMEs.
- SEPA and SWIFT rails.
- Debit card issuance program.
- Local office in Singapore.
- Two local Singaporean employees will stay.
- Availability to process multi-currency accounts.
Accounts opened:
- 2 accounts in the United Kingdom;
- account in Hong Kong;
- account in Kazakhstan;
- account in Montenegro.
- additional account in Switzerland (pending approval).
You can buy a payment institution in Singapore and start your business without time-consuming red tape.
Asking price & details:
- Telegram: @juliazhil
- e-mail: Julia.z@eternitylaw.com