Money Changing License (MCL) License in Singapore

Level 1
Singapore
Singapore Flag
Estimated Market Price
From €35,000
0
People viewed this License
License Type

Money Changing License (MCL)

RegulatorMAS
Deadlines
2 to 4 months (approx.)
Level 2

License Details

Explore full requirements, allowed activities, taxation, and operational scope.

Buying and selling foreign currency notes

Frequently Asked Questions

Clear, concise info to help you understand the process!

N5Deal is a specialized platform that connects buyers and sellers of financial licenses. We operate as a marketplace where license owners can list their available licenses and potential buyers can find suitable opportunities. Our role is purely consultative and referential - we facilitate connections between parties interested in financial license transactions.
No, N5Deal is not a bank, credit institution, deposit-taking institution, or e-money institution under the laws of England and Wales or any other jurisdiction. We do not provide banking services, hold deposits, or conduct regulated financial activities.
N5Deal does not possess a banking licence, payment services licence, or any other regulatory authorization that would permit us to provide regulated financial, banking, investment, or payment services. We operate as a consultative platform only.
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Money Changing License (MCL) in Singapore | N5Deal