Standard Payment Institution
Where: Singapore — MAS. We build the file, submit it and follow it through to the decision of the competent authority. The authorisation is granted to your company; no decision can be guaranteed.
Where it is obtained
Singapore — MAS
Scope and authority as stated in our catalogue; the exact regime is confirmed with the regulator before any filing.
Minimum capital
Guarantee and capital according to services
As stated in our catalogue; checked again with the regulator before any filing. Regulatory capital is held by your company and is not part of our fees.
What the file covers
Services selected under the Payment Services Act.
- Assembling the regulatory file and responding to further requests.
- Renewal and monitoring of the obligations attached to the licence.
How the file runs
- A 20-minute callFree and without commitment: your activity, your flows and the country you are aiming for, to confirm that this licence is the right one.
- A firm quote before any signatureOur fees, the government fees rebilled at cost and the capital to plan for, set out before you commit.
- The regulatory fileProgramme of operations, governance, policies and the documents of the persons involved, then our answers to the regulator's further requests.
- Filing and follow-upWe file in your company's name and follow the file through to the decision of the competent authority, which no one can guarantee.
- After the decisionRenewal and monitoring of the obligations attached to the licence, if you entrust them to us.
Fees
On request — high-risk activity: the file first goes through enhanced compliance review; the price is given after that review.
- Excluding tax.
- A firm quote is issued before any signature. Government fees rebilled at cost, without commission.
- Regulatory capital, guarantees and the regulator's own fees are not included.
Documents required
- A valid passport for each shareholder and each director.
- Proof of address less than three months old.
- A description of the activity, the clients and the expected flows.
- Evidence of the source of funds, verified against an independent document from medium risk upwards.
- A signed beneficial-owner form.
This is our baseline, asked of every client. The list specific to this licence is given after the call, in your client space, once the file is launched.
Questions
Where can the Standard Payment Institution be obtained?
Singapore, from MAS (Singapore — MAS). The exact regime is confirmed with the regulator before any filing.
What capital is required?
Guarantee and capital according to services — as stated in our catalogue, checked again with the regulator before any filing.
How much does it cost?
On request: this activity is high-risk, and the file first goes through enhanced compliance review; the price is given after that review.
What does the file cover?
Services selected under the Payment Services Act.
Is the licence guaranteed?
No. The authorisation is granted to your company by the competent authority, never by us: we build the file, submit it and follow it through to the decision, which no one can guarantee.
Other licences — Singapore
The same family, elsewhere
- Bureau de change / currency exchange officeUnited Kingdom — HMRC
- Money remittance / money transmissionUnited Kingdom — FCA + HMRC
- Federal FinCEN registrationUnited States
- Money transmitter licence — one StateUnited States
- Multi-State money transmitter programmeUnited States
- MSB registrationCanada — FINTRAC
- Foreign MSB registrationCanada — FINTRAC
- Exchange licence — exchange-only categoryUnited Arab Emirates — CBUAE
Where these figures come from
Information from our catalogue as of 23 September 2026. Regimes, capital and official fees change: each is checked again with the regulator before any filing. Nothing on this page is advice or a promise of approval.
Twenty minutes to frame your project, and start it now.
Free, with no conditions. We tell you at the end what we would do in your place — including building nothing at all, or staying where you are. The answer is often no, and we would rather say so before billing anything.
- Which jurisdiction holds for your case — and which would not.
- What it truly costs in year one, and the year after.
- What can make it fail, and at which point it happens.
Free, no commitment · Monday to Saturday, 9am to 1am Central European time — that is until 7pm in New York. French and English.