Under the amended Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, the Precious Stones and Metals Dealers (PSMDs) are required to submit a Cash Transaction Report (CTR) to the Suspicious Transaction Reporting Office (STRO) when conducting any cash transaction with a value, or any 2 or more related cash transactions in a single day with a total value, that exceeds SGD 20,000 (or its equivalent in foreign currency), with a customer for the sale of any precious stone, precious metal or precious product.
Monday - Friday, 10am to 5.45pm Saturday, 10am - 12.45pm
Dear valued customers, if you wish to purchase more than 500 ounces of silver bullion or 10 ounces of gold bullion or 10 ounces of platinum bullion, please drop us a line or visit us at our office and we will be more than happy to serve you.