What are the changes for financial institutions (FIs) to transmit security bond (SB) for non-Malaysian migrant workers and migrant domestic workers?
Refer to the table below for the changes from 8pm, 27 October 2023.
||To transmit SB to MOM, FIs will
|8pm, 27 October 2023
||Not be able to use MASNET. Any transmission after this date will not be captured by MOM.
|30 October 2023
||Use eGuarantee@Gov only
How to apply for eGuarantee@Gov
- Sign the Accession Agreement by 31 August 2023. Refer to the resources for the steps.
- Create Network Trade Platform (NTP) account.
Key changes to the transmission of SB through eGuarantee@Gov/NTP
- Datasets for issuance, rejection, early discharge, acknowledgement.
- Acceptance of multiple cases in one file.
Download our resources and FAQs for more information on the key changes to the submission.