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DIGITAL ASSETS & FINTECH · SINGAPORE

Singapore Digital Payment Token Service Licensing Coordination

Businesses providing regulated digital payment token services can require licensing under the Payment Services Act.

Singapore Singapore Digital Assets & FinTech Available Immediately
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At a Glance

Jurisdiction
Singapore
Company type
Singapore Digital Payment Token Service Licensing Coordination
Availability
Available Immediately
Account type
Singapore Digital Payment Token Service Licensing Coordination
Typical timescale
Confirmed after initial review
Banking Introduction

Price on Application

A tailored quotation, confirmed before you commit.

We introduce you to banking partners appropriate to your structure and circumstances. Acceptance remains at the bank's discretion.

  • Structure and eligibility review
  • Introduction to appropriate institutions
  • Documentation support
  • Multi-currency options where available
Discuss Your Banking Requirements

Overview

Businesses providing regulated digital payment token services can require licensing under the Payment Services Act.

Coutts Consultants coordinates singapore digital payment token service licensing coordination as a defined Singapore professional-services engagement. We establish the client's commercial objective and review DPT activity, customers, token flows, custody, payment-services status, controllers, AML/CFT, technology and safeguarding.

Singapore combines ACRA corporate requirements with IRAS tax rules and, where relevant, MOM immigration, MAS financial regulation and sector-specific licensing. The engagement is therefore scoped around the actual business rather than a generic package. We prepare a tailored evidence list and coordinate the appropriate authority, financial institution or Singapore specialist.

Reserved legal, tax, audit, immigration or regulated financial-services work is undertaken by appropriately qualified professionals, and all registrations, licences, passes and bank accounts remain subject to the competent authority or provider.

Why Singapore?

Defined real-world Singapore offering

Practical guidance on DPT activity, customers, token flows, custody, payment-services status, controllers, AML/CFT, technology and safeguarding

Coordinated professional input

Clear continuing obligations

No unnecessary bundled services

Requirements

How It Works

  1. 11. Confirm objective
  2. 22. Review DPT activity, customers, token flows, custody, payment-services status, controllers, AML/CFT, technology and safeguarding
  3. 33. Confirm route and eligibility
  4. 44. Issue tailored document list
  5. 55. Coordinate filing/application
  6. 66. Manage queries
  7. 77. Confirm completion and ongoing obligations

What's Included

Documents Required

Frequently Asked Questions

What does this cover?
Professional coordination for singapore digital payment token service licensing coordination based on the client's actual Singapore requirements.
Can foreign clients use this service?
Generally yes where the underlying service permits, subject to Singapore eligibility, local-residency, KYC and regulatory requirements.
Who makes the final decision?
Monetary Authority of Singapore or the relevant independent authority/provider.
Is specialist advice included?
Where reserved legal, tax, audit, immigration or regulated advice is required, an appropriately qualified Singapore professional is coordinated.

Important Information

Coutts Consultants introduces clients to banking providers. We do not operate accounts and cannot guarantee acceptance — every application is assessed by the institution against its own criteria.

Singapore Business Snapshot

Region
Asia Pacific

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Singapore FinTech Regulatory Perimeter & Licensing Review, Singapore – Coutts Consultants
Singapore

Singapore FinTech Regulatory Perimeter & Licensing Review

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Tell us what you are trying to achieve and we will confirm the right structure, what it requires and what it costs — before you commit to anything.

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Reference SG-EXP-056

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Coutts Consultants Ltd and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.