Singapore Government

icon Debit/Credit Authorisation Form


Primary dealer and non-primary dealer banks are required to submit a Debit/Credit Authorisation Form to MAS, prior to participating in SGS auctions/reverse auctions. The form authorises the MAS to debit/credit a bank's current account and securities account in MEPS for the securities purchased/sold at the auctions. In addition, non-primary dealer banks will be assigned individual SGS auction allocation limits upon completion of this form. (Refer here for more details on the current SGS auction allocation limits.)

Primary dealers should fill in sections a, c, d, and f. Non-primary dealers should fill in sections b, c, e and f. Banks are only required to submit this form once.

Debit/Credit Authorisation Form
 
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