Singapore lowers threshold for due diligence checks on customer cash deposits
The deposit sum for a due diligence check was updated to S$4,000 (US$2,900), as compared to S$5,000 (US$3,681) prior to the new rule.
The deposit sum for a due diligence check was updated to S$4,000 (US$2,900), as compared to S$5,000 (US$3,681) prior to the new rule.