A Legacy of Trust, Unity & Progress!
As regulations evolve and challenges arise, MCA stands firm as the industry’s beacon for support, advocacy, and growth.
Empowering a World of Exchange
Every note holds value — every member, a voice. Together, we shape a resilient and respected community.
Celebrating 21 Years of Dedication and Unity
Together, we honour the pioneers and progress of our industry. A vibrant night of recognition, reflection, and renewed commitment.
Honouring the Trailblazers of the Industry
A heartfelt tribute to those who laid the foundation of Singapore’s money-changing sector.
01
02
03
04
Uplifting Members, Securing Consumer Trust
About Us
Promoting Secure and Reliable Currency Exchange
The Money Changers Association (Singapore) has been at the forefront of the currency exchange industry for decades, representing the interests of licensed money changers across Singapore. Established to promote best practices, facilitate compliance, and foster collaboration, we are the unified voice for Singapore’s money-changing community.
-
20
Experience
-
160
Members
Member Benefits
Unlock Unique Strategic
Advantages with MCA Membership
Elevate your business with membership in the Money Changers Association (Singapore).
Our association offers a comprehensive suite of resources tailored specifically for the
nuanced demands of currency exchange.
Access to Industry Resources and Training
As a member of MCA, you gain access to exclusive industry insights, resources, and training programs. These are designed to help you stay updated on regulatory changes, industry trends, and best practices in money-changing services.
Regulatory and Compliance Support
MCA provides members with guidance on adhering to Singapore’s Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) regulations. We assist members in maintaining compliance with local laws including facilitating training, ensuring smooth and secure operations.
Advocacy and Representation
At MCA, we actively represent the interests of licensed money changers in critical discussions with regulatory authorities, financial institutions, and international partners. Our advocacy efforts are designed to ensure that the voices of our members are heard and considered in the formulation of policies that impact the currency exchange industry.
Networking and Collaboration Opportunities
MCA facilitates networking events, workshops, and conferences that enable members to connect with peers, regulators, and stakeholders. These events provide opportunities for collaboration, learning, and expanding business relationships.
Consumer Trust and Credibility
Being part of MCA signals to consumers that your business is committed to integrity, transparency, and adhering to high standards of service. Membership enhances your credibility, assuring customers of a secure and trustworthy currency exchange experience.
Testimonials
Hear What Our Valued
Members Say About Us
By joining MCA, you ensure that your business is part of a powerful collective voice
that
shapes a more favourable and productive operating environment.
Being a part of MCA has strengthened our voice as small operators. The support and advocacy are unmatched.
Mr. Jinnah
Golden Jinnah Pte Ltd
MCA has been instrumental in helping us stay compliant and informed with regulatory changes.
Mr. Abdul Salam
Arcade Plaza Traders Pte Ltd
The networking opportunities through MCA events have been invaluable for growing our partnerships.
Mr. Khalid
International Exchange Pte Ltd
We feel heard and represented. MCA is truly a lifeline for traditional money changers like us.
Mr. Haja Nazimudeen
HBRS Money Changer
The training sessions and compliance guidance provided by MCA are practical and relevant.
Mr. Farook
Arcade Money Changers
MCA bridges the gap between the industry and regulators. We appreciate their transparency and leadership.
Ms. Joyce Tan
Mong Lee Enterprise Pte Ltd
Joining MCA gave us a renewed sense of unity and direction in a fast-changing environment.
Mr. Abdul Ghaffar
Exchange International Pte Ltd
MCA represents and supports licensed money changers in Singapore, advocating for industry interests with regulatory bodies, providing essential training, and facilitating networking opportunities.
Membership is open to licensed money changers operating in Singapore. Please visit our membership section for more details on the application process and membership benefits.
Benefits include access to up-to-date regulatory guidance, AML and compliance training, advocacy on industry issues, networking events, and a platform to influence industry standards.
Yes, we offer comprehensive training programs on various topics, including Anti-Money Laundering, Countering Financing of Terrorism, and regulatory compliance to ensure our members meet the highest standards.
MCA engages in regular dialogue with local and international regulatory bodies to discuss policy changes, advocate for members' interests, and ensure the industry’s voice is heard.
Currency Pricing
By Admin
02-05-2025 11:35 AM
Why Are Some Denominations Bought Cheaper Than Others—Even in the Same Currency?
Currency Security
By Admin
02-05-2025 11:30 AM
What Happens When Central Banks Issue New Notes? A Look into Design, Security & Circulation
