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Sing Investments & Finance Limited (SIF) offers business Current Account and Cashier’s Orders to its customers.

On 14 Feb 2017, the Monetary Authority of Singapore (“MAS”) announced regulatory changes to strengthen the resilience of finance companies and enhance their ability to provide financing to small and medium-sized enterprises (“SMEs”).

The Government Gazette had on 1 Dec 2017 allowed SIF to offer Current Account and chequing services to its business customers.

In line with these changes, SIF is also allowed by MAS to issue Cashier’s Orders.

SIF had successfully rolled out its Cashier’s Orders and Current Account with chequing services in May and June respectively.

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