Official documents cited on bankaccount.com.sg: MAS notices, guidelines and circulars, ACRA registry guidance, IRAS CRS and FATCA pages, SDIC and bank websites.
Type：SourcesUpdated：2026-10-24About 12 min read
This page lists the official documents, statutes and institutional web pages cited on bankaccount.com.sg, grouped by institution. For each source it gives the institution, title, date, link and the pages that rely on it. Dates are the document's publication date, the "last updated" date shown on the page, or, where a page carries no date, the month this site checked it (October 2026). Regulators update their documents and banks revise tariffs, so always open the link for the current version before relying on a figure. If you find a broken link or a change, you can tell us through this site's contact options.
How sources were checked: "original" means the official document or page was read directly; "bank statement" means the wording reflects what a bank says about itself, not a regulator's confirmation.
MAS rules and guidelines
Institution
Title
Date
Link
Used for (pages)
MAS
Notice 626 Prevention of Money Laundering and Countering the Financing of Terrorism – Banks (notice page)
Materiality and relevance principles; PBIG working group on account-opening efficiency (source-of-funds-wealth, kyc-cdd, application-red-flags, family-office-vcc-accounts)
MAS
Circular on Establishing the Sources of Wealth of Customers (AMLD 08/2024)
Private banking account condition for 13O/13OA/13U SFO fund awards approved on or after 1 August 2026; grace period for existing awards (family-office-vcc-accounts, faq, overview, scenarios); original, read 2026-10-24
MAS
Revised Framework for Single Family Offices to take effect on 15 June 2026
Class exemption; account with a MAS-licensed bank; bank named in annual return (family-office-vcc-accounts, faq, overview, scenarios); original, read 2026-10-24
MAS
FAQs on Licensing Exemption Framework for Single Family Offices
SFO and each fund vehicle to bank with a MAS-licensed bank; FATF-standard jurisdiction option; notification window (family-office-vcc-accounts, overview, faq, glossary); original, read 2026-10-24
Due diligence should not cause undue delays if banks receive sufficient information to properly understand the applicant and assess the risks (kyc-cdd, application-red-flags, faq, overview)
MAS
MAS Takes Regulatory Actions against 9 Financial Institutions for AML-Related Breaches
Act in force 9 June 2025; providers of the six listed corporate services must register (deadline 9 December 2025), with stated exemptions such as registered public accounting entities, landlords, referral-only intermediaries and own-entity filers (corporate-accounts, family-office-vcc-accounts, glossary)
What account holders provide; consequences of not providing it; fine up to S$10,000 or up to 2 years' imprisonment for false declarations (crs-fatca, application-red-flags, faq, overview, personal-accounts, scenarios); original, re-read 2026-10-24
Controlling persons, Active and Passive NFE tests, self-certification at opening, change in circumstances, TIN exceptions (crs-fatca, corporate-documents, faq, glossary, scenarios)
FATCA Regulations 2015 (giving effect to the 2014 Model 1 IGA) in force 18 March 2015; FATCA Regulations 2020 (giving effect to the 2018 reciprocal Model 1 IGA) in force 1 January 2021 (crs-fatca, corporate-documents, faq, overview)
OECD (Singapore submission)
Singapore – Information on Tax Identification Numbers
Who is covered; S$100,000 per depositor per member; SGD only; trust and client accounts per account (business-fees-deposit-insurance, digital-banks, faq, glossary, overview)
Industry best practice, not a MAS rule: SoW for all private banking customers, Tier 1 and Tier 2, corporate customers (source-of-funds-wealth, family-office-vcc-accounts, corporate-accounts, corporate-documents, glossary)
Nickname feature for retail customers discontinued from 6 June 2026; payers see selected letters of the payee's registered name (glossary)
Banks: commercial pages (checked October 2026, subject to change)
These pages show what each bank published on the date checked. They are examples, not regulatory requirements, and their inclusion is not a recommendation.
Institution
Title
Date
Link
Used for (pages)
DBS Bank
New Business Account Fees and Charges
Effective dates 2020-12-01 and 2021-06-01; checked 2026-10
S$15 fall-below fee under S$5,000; minimum S$500 set-up fee for overseas companies; at least one citizen or PR owner or director, and the foreign-director online route started by a Singaporean Singpass holder (business-fees-deposit-insurance, compare, corporate-accounts, process, scenarios)
Personal and business eligibility; SDIC statement (digital-banks, scenarios, business-fees-deposit-insurance). GXS pages give differing Biz Account eligibility; see the next row
GXS Bank
Help Centre: How do I apply for a GXS Biz Account?; GXS Biz Account product page
Help page: sole proprietors and private limited companies, citizen or PR applicant; product page: sole proprietorships. Cited as conflicting official descriptions (digital-banks, faq, overview)
MariBank Singapore
Help Centre: Who can apply for a Mari Savings Account?; Mari Business Account
Listed as Full Bank, also Exempt Capital Markets Services Entity and Exempt Financial Adviser (digital-banks, overview, compare, faq, glossary)
Items not used as figures or rules
The following points could not be confirmed from a primary source when this site was written (October 2026). They are not used as figures or rules anywhere on the site.
Item
Status
Whether paragraph numbers in the 30 June 2025 versions of Notice 626 and its Guidelines differ from the March 2024 versions
Not compared; the site cites the March 2024 versions
Detailed content of Circular AMLD 08/2024
Only the title and date are cited
DBS Starter Bundle conditions and fees
Not cited
ANEXT restrictions on applications made with a Singpass Foreign user Account
Not cited
Green Link Digital Bank business account eligibility and fees
Not cited; the comparison refers readers to the bank
Deposit caps for digital full banks during any restricted phase
Not cited
ACRA name application fee
Not cited
A uniform certification or notarisation standard for documents from overseas companies
None found; pages say banks may require certified or notarised copies
The local briefing materials used to understand how readers frame their questions are not cited as sources and supply no figures on this site.
