Cease of Cash Payment options for Royalty Disbursements

15 Dec 2025

In line with the Monetary Authority of Singapore’s efforts to shift Singapore into e-payments and COMPASS’ continued efforts to enhance payment efficiency to members, please be informed that the cash payment option for royalty disbursements will cease with effect from 30 April 2026.

Members are required to keep their bank details updated to avoid delays in receiving their royalties. Please refer to our email for more details.