WebForeign Workers Bond A guarantee that frees your money for two years. An instrument to seize new opportunities. What is Foreign Workers Bond? It is a security deposit (in the form of Banker’s Guarantee) or cash deposit of S$5,000 required by Ministry of Manpower (MOM) for every foreign worker (non-Malaysian) to work in Singapore. Product Literature WebMar 6, 2024 · From Jan 1, 2024, all incoming foreign domestic workers (FDWs) will need to have insurance coverage against Covid-19. According to MOM’s guidelines, your FDW must have insurance that ‘covers...
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