Banking
1. Features of Singapore Bank
- As a financial hub in Asia, Singapore has easy access for various currencies and banking
- Differences of initial deposit, average maintenance balance, and application criteria depending on the bank.
2. Available Bank
- Able to open Singapore Banks account for private limited, Branch, and offshore company
- Local Bank
- Most Branches and ATMs Banks: OCBC, UOB, DBS
- Most convenient and suitable for new company:
- United Overseas Bank (UOB), DBS Bank
- Oversea-Chinese Banking Corporation (OCBC)
- Bank of Singapore (part of OCBC)
- Far Eastern Bank (part of UOB) etc
- Korean Bank
- Advantages of communicate with Korean
- Convenience of remittance through same system between other Korean banks
- KEB Hana Bank
- Shinhan Bank
- Woori Bank
- Korea Development Bank of Singapore Branch
- Overseas Bank
- Higher standard of opening bank account, compared to Local Singapore Bank and Korean Bank
- Easy to open for existed company and maintain account balance is high
- BNP Paribas
- Citibank
- HSBC
- Standard Chartered Bank
- Bank of China
- Rabobank
- Royal Bank of Scotland
- ING Bank, Barclays Bank
- Credit Suisse
- Deutsche Bank
- UBS AG etc
3. Required Documents
- Biz File by ACRA
- M&AA
- Company Brochure & Website
- Passport/IC Copy of Directors/Shareholders/Authorizer
- Proof of Address of Directors/Shareholders/Authorizer
- Contract & Clients/Suppliers Information)
4. Pre/ Post Support
- Support provision of required documents : Provide and review the forms
- Opening Bank’s account service : Provide opening bank account service to visit our partner banks: OCBC, UOB, CITI Bank
- Interview support : Review and consulting service for sufficient bank’s examination standard
- Post support : Support bank's related application and modification service
