This is a new requirement from the Indonesian Embassy in Singapore. It is similar to the $5k bond required by MOM when hiring any maid in Singapore. Employers can buy a performance bond through an insurer for $70 (excluding GST). In the event that there is a breach by the employer, the embassy will get the insurer to pay the $6k and the insurer will in turn get the $6k from the employer.
Note though that this bond is not required by the Singapore Government. Read more about MOM’s advisory to employers of Indonesian FDW at http://www.hungchau.sg/2018/05/09/mom-advisory-to-employers-of-indonesian-fdw-on-indonesian-embassy-new-performance-bond/
Not sure where to purchase the bond? Contact us for more information using the form below.
For news on this:
- http://www.tnp.sg/news/singapore/6k-bond-needed-indonesian-maids-feb-1
- http://www.straitstimes.com/singapore/new-bond-payment-for-those-hiring-maids-from-indonesia
To find out more about Maid Insurance and Security Bond, please visit http://www.hungchau.sg/our-services/maid-fdw-insurance-and-security-bond/