Digital Banking

Digital Banking

  • Can offer the same type of banking services like a traditional bank except that It operates
  1. primarily online with limited physical structure (limited to Labuan office)
  2. entirely online
  • Permitted business activities include:
  1. Digital corporate banking
  2. Corporate onboarding
  3. Digital trade
  4. Digital loans origination
  5. Watch banking / wearable tech
  6. Financial chatbot
  7. Mobile wallet
  8. Social banking

Licensing  Requirements

Operational Requirements

Steps