Open Bank Account in Singapore
‘’In 15th years of dominating the market for bank account opening’’
Reach us quick Get free consultation, start your business easily.
Singapore traditional banking solutions
Business | Personal
Foreigners & Non residents are welcome.
Reach us quick
Get free consultation, start your business easily.
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How it Works?
Prepare
Get professional assistance for preparing account opening documents and bank application
Interview
Be ready for an online (skype/zoom) bank meeting which we back you up..
Start
Account is approved and all set!
Pay
Complete payment after the account is approved.
Approximately 4-6 weeks from documents preparation to account opening.
100% Guaranteed. No payment unless the account is approved.
Company incorporation documents
Directors/Shareholders’ passport copy + address proof
Business Plan
(If you don’t have this, we are happy to generate one for free)
Former business proof (invoices, contracts, etc.)
Depending on the banks, some additional documents may be required
(assist to generate it) We
Starts from a US$ 30,000 deposit or equivalent insurance purchase.
For foreigners & non-residents
Prime banking location
Singaporean banks DBS, OCBC and UOB are ranked at top three of the best banks in the Asia-Pacific subcontinent under various global financial surveys.
RMB Trade Settlement
Singapore banks have been permitted to handle RMB (also known as the currency code “CNY”) agreement for cross-border trading with mainland China. So, settle trade with the designated enterprises of RMB in mainland China and keep RMB trade receipts offshore.
No foreign exchange control
No restriction on the international capital transfer, including transferring dividend or profit to your homeland.
No tax for interest that earned in the account
Secure and politically stable economy with AAA Credit Rating
Business Checking
The most famous business account with fewest restrictions. Good for day to day transactions like purchases or bill payments.
Deposit & withdraw funds through electronic transfers, wire transfers, cheques. Comes with ATM & Debit cards that directly pay & withdraw cash through any ATM machine around the world.
Recommended for trading business.
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Business Saving
Earn a competitive interest rate on your savings. Higher monthly transaction limit.
Recommended for operating profits.
Learn more
Which account makes sense for your business?
Most businesses will need at least one of the accounts above and many will need more than one. Think about what your goals are before deciding to open a business bank account
Get free consultation to learn the one that suits your business.
Payment methods
Collect & send global payment. Fast, easy, convenient
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