PAYPAL – donations from Singapore no longer possible

Here’s something we learned today. Regular supporters of Savong’s project residing in Singapore are now unable to send donations via PayPal. This is due to a law change. The Monetary Authority of Singapore (MAS) said  that offering such a payment service without any underlying goods or services transacted requires a remittance licence, which PayPal does not have.  Singaporean will still be able to support locally registered charities via PayPal.

This does not affect donors and supporters from most other nations. An alternative for Singapore supporters is to wire money to the Cambodian Rural Schools Trust in New Zealand, or to the Savong Foundation in the USA. Both are registered charities.Image

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One thought on “PAYPAL – donations from Singapore no longer possible

  1. Oh dear. Sounds like the kind of law Australia would pass… Lets hope they don’t catch wind of it! 🙂

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