Standard Payment Institution Licence / Singapore / PS Act
Granted activities
by client typeActivityCONSUMERSMECORPORATEREG. FIVIA INTERMED.
Issue electronic moneybelow MPI transaction/float thresholds Conditional Conditional Conditional None Conditional
Execute payment transactions (direct debits, card payments, credit transfers)permitted only below the S$3m/S$6m/S$5m thresholds that separate SPI from MPI Conditional Conditional Conditional None Conditional
Money remittancesubject to SPI thresholds Conditional Conditional Conditional None Conditional
Conditional: the grant carries the conditions listed under the activity.
Holders
No company holds this regime.
Products unlocked
No product configuration resolves against this regime.
Derived business models
Computed from granted activities × permitted client types × passporting mode — not an opinion label.
B2CCONSUMER · 3 activities granted
B2BSME +1 · 3 activities granted
Open questions on this regime
No open questions recorded against this regime.
Resolved coverage in singapore
COVERED
Singapore3
Execute payment transactions
own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical
Issue emoney
own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical
Money remittance
own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical
UNVERIFIED — CLAIMED, NOT TRACEABLE TO A LICENCE
No unverified rows.
Need this implemented in your product?
I turn requirements like these into flows, vendor setups, tests and audit evidence.
Regime: Standard Payment Institution Licence / Singapore / PS Act