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MAS digital full bank. Sea Limited. SDIC S$100k. Not Shopee Pay and not Grab’s GXS.
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Our take
MariBank Singapore Private Limited is an MAS digital full bank. SDIC up to S$100,000 (the 2024 uplift; older blogs still say S$75k). Sea Limited is the shareholder. Shopee Pay is e-money. GXS is the other digital full bank. Trust is Standard Chartered’s digital brand. Three different Singapore objects. Keep reading the live overseas-transfer tariff.
Licence 2020-era, retail 2023. Directories dump it next to Grab. Grab’s bank is GXS. This is Sea. Read the MAS name.
MariBank lists Digital full bank — MariBank Singapore Private Limited. SDIC member under Monetary Authority of Singapore in Singapore. On safeguarding we currently write: SDIC deposit insurance up to S$100,000 per depositor per member bank. Holder / issuer line: MariBank Singapore Private Limited. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly S$0 core pitch — confirm live (overseas-transfer fees restated mid-2026); FX Overseas-transfer SKU — confirm live tariff; ATM Limited ATM — FPS is the rail; interest Savings rate pitch — rates move. This desk would open it for: Singapore citizens, PRs and pass-holders who want an MAS digital bank, not a Shopee wallet.
What it does well: Named MAS digital full bank; SDIC S$100k; Same class as GXS. What to watch: Singapore-resident / pass; ATM debit is thin; Shopee Pay is a different object. Desk score 7.5 / 10 (safety 8.4, fees 7.6, features 7.2, app 8.0). Last verified 2026-08-30. Headquartered in Singapore, Singapore; founded 2021. None of this is advice — it is a file so you can read the entity before the card colour.
Best for: Singapore citizens, PRs and pass-holders who want an MAS digital bank, not a Shopee wallet.
SDIC deposit insurance up to S$100,000 per depositor per member bank
Holder / issuer: MariBank Singapore Private Limited
Licence
Sea Limited is the shareholder. Not Shopee Pay. Not GXS.
MariBank holds a banking-style licence (Monetary Authority of Singapore). Still read the legal entity on the statement, not the app icon.
SDIC deposit insurance up to S$100,000 per depositor per member bank
We list 1 market desk on the desk. Residency and onboarding rules still sit with MariBank.
visa · virtual · Apple Pay · Google Pay
No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.