The Secretariat engaged with Mr Barakath Ali, Chairperson of The Remittance Association Singapore (RAS) and his team to discuss partnership initiatives between MAMSB and RAS. A joint MOU is in discussion to provide mutual efforts which consists of webinars, information sharing, media exposure and FinTech drives at the Association level. We look forward to providing our Members with some international leverage on these joint initiatives.

The Remittance Association (Singapore) was registered in April 2014 and initiated by a small group of 12 founding members who had contributed immensely to the formation of the Association along with the valuable support of the Monetary Authority of Singapore.