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Application for Money-Changer's Licence 2018


AUTORITI MONETARI BRUNEI DARUSSALAM

APPLICATION FOR MONEY-CHANGER'S LICENCE 2018

 

Autoriti Monetari Brunei Darussalam (AMBD) invites members of the public who are interested to apply for a money-changer's licence to operate in Brunei-Muara, Belait or Temburong District to submit an application to AMBD. Applicants must satisfy the minimum requirements for the application of a money-changer's licence which amongst others include the following:

  1. Applicants must be citizens of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam;
  2. Applicants must be 18 years old and above;
  3. Applicants must possess at least 4 GCE 'O' Level Credit passes including Bahasa Melayu, English language and Mathematics, and have a minimum of 1-year working experience/business experience;
  4. Applicants must demonstrate good character to AMBD's satisfaction;
  5. Applicants must have the ability to provide adequate business capital to operate the money-changing business; and
  6. Applicants must not be an undischarged bankrupt or a person in respect of whom a bankruptcy proceeding is pending in Court.
For further information regarding application requirements, please visit AMBD's website at www.ambd.gov.bn and AMBD App which can be downloaded via the 'AppleStore' and 'Google Playstore'.

Application forms can be collected from the Regulatory and Supervision Department, AMBD, 7th Floor, Ministry of Finance Building, Commonwealth Drive, Bandar Seri Begawan BB3910, Brunei Darussalam during office hours or downloaded from the AMBD website.

Each applicant must submit a completed application form, with the required documents, along with a payment of BND200.00 (non-refundable) in cash to the above address.

Applications should be received by AMBD not later than Wednesday, 6 June 2018 at 2:00 pm.

Only qualified applicants will be notified and will be required to sit for a written test.


For further enquiries, please contact 2382253 or email infomcr@ambd.gov.bn.

Download The Press Release below:-

  • Malay version here
  • English version here

The Minimum Requirements are as attached below:-

  • Malay version here
  • English version here

Download Application Form for Money-Changer's Licence 2018

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