TFR FAQs

PayNow-PromptPay Linkage White Paper – by Monetary Authority of Singapore (MAS), Bank of Thailand (BOT) and Baker McKenzie

This white paper outlines how this first-of-its-kind linkage was conceived and developed by the MAS and the BOT, working closely with industry partners in both countries.  The following parties have contributed to the research of this publication:

Singapore
• Association of Banks in Singapore
• Banking Computer Services Private Limited
• DBS Bank Ltd
• Oversea-Chinese Banking Corporation Limited
• United Overseas Bank Limited

Thailand
• Thai Bankers’ Association
• National ITMX Co., Ltd
• Bangkok Bank Public Company Limited
• The Siam Commercial Bank Public Company Limited
• KASIKORNBANK Public Company Limited

To read the full paper, please click here

Most Innovative Fintech E-gifting Solution Award

The Monetary Authority of Singapore (MAS) announced in January 2021 that the Most Innovative FinTech E-Gifting Solution will receive special recognition at the Singapore FinTech Festival 2021 (SFF 2021) in November.

This award will be held in partnership with The Association of Banks in Singapore (ABS) and the Singapore FinTech Association (SFA), which will form the judging panel to select the winning entries. The award recognises the best live solutions from payments ecosystem participations, whose e-gifting products complement MAS’ and the industry’s efforts to reduce cash usage during festive periods, while supporting environmental sustainability efforts.

To find out more,

Click here for EDM
Click here for Submission Form

Special Financial Relief Programme (SFRP)

Standard Chartered Bank Singapore Limited (SCB Sub Entity) Industry Conversion

Industry Banking KYC Utility Project: After-Action Report – Knowledge Sharing

ABS is sharing its knowledge around what it takes to build a truly differentiated industry KYC utility, and believes that this would be useful to others looking into a similar project or to parties interested in providing fresh options for the industry to adopt. This report was first mentioned by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore at the Singapore FinTech Festival on 12 November 2018.

Industry Banking KYC Utility Project: After-Action Report – FAQ

My Money Seminar (Mandarin): Investing Wisely For Retirement

FAST Fact Sheet updated (24 May)

Revision to Interbank GIRO Debit Transaction Limit

My Money Seminar (English): Investing Wisely For Retirement

Web Update: FAST Fact Sheet updated

Web Update: FAQs on Credit Card Chargeback and Dispute Resolution

ABS & MAS release the 2016 MAS-ABS Financial World API Conference: Post Event E-Book

ABS releases Cloud Computing Implementation Guide for the financial industry in Singapore

Singapore Adoption Workshop - SS 611: ISO 20022 Corporate-to-Bank Payment Initiation and Payment Status

New Banking Details for HSBC Singapore Retail Business from 9 May 2016

Seminar on Electronisation of Transferable Documents or Instruments Used in International Trade

ABS Tribute to Mr Lee Kuan Yew

SGD SOR VWAP for Tuesday, 15 April 2014