MLAS has negotiated with Scanwell Associates Pte Ltd to provide the required Insurance Guarantee to ROM for an annual premium of $300 (not inclusive of GST). Non MLAS Members have to pay $450 (not inclusive of GST).
The following documents are required:
- Renewal Letter from the Registrar or Date of termination of Licence.
- ACRA printout of the moneylender.
- Quarterly report to the Authority if paid up capital is less than $100,000
- Photocopy IC of the guarantors (usually the directors of the company) and the witness who sign the indemnity form.
- Cheque ($321) payable to Sompo Insurance Singapore Pte. Ltd.
- Indemnity form duly signed by the guarantors.
- Valid MLAS Membership Certificate
For further details please contact:
Scanwell Associates Pte Ltd
Tel: +65 6438 3228
Fax: +65 6438 3238