Sea Limited told Singapore staff to credit salaries into company-owned MariBank, raising conflict-of-interest and legality concerns
Sep 22, 2026In early September 2026, Sea Limited sent Singapore-based employees an internal memo stating that starting with October 2026 payroll, MariBank (Sea's own digital bank) would be the mandatory salary-crediting bank, offering a S$100 Shopee voucher to those who updated their bank details by September 17. Employment lawyers noted Singapore employers cannot legally require staff to receive salary through a specific bank absent a contractual provision, and Singapore's Ministry of Manpower said employers must pay salaries in full and on time and should engage employees on payment options rather than mandate them. Sea later said employees with personal circumstances could seek exceptions via HR, but the initial messaging created a coercive impression and raised conflict-of-interest concerns given the policy funneled staff finances to a Sea-owned financial product.