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SINGAPORE OPEN BANK ACCOUNT

Information required for opening a bank account in Singapore

Opening a bank account in Singapore does not require running errands on your own, and Xingye can professionally handle the entire process of going abroad for you

Required documents for account opening

  • 1
    Company documents such as business license CI NAR1/NC1 BR, etc;
  • 2
    Bank statements for the past three months (if there are relatively few statements, provide the past six months);
  • 3
    Two sets of purchase documents from different suppliers (including contracts, invoices, and payment receipts);
  • 4
    2 sets of sales documents for different customers (including contracts, invoices, payment receipts, bills of lading, and customs declarations);
  • 5
    Last quarter's tax declaration form/audit report;
  • 6
    The latest color scanned copies of the front and back of the ID card;
  • 7
    Latest color scanned copy of passport;
  • 8
    Resume;
  • 9
    Personal flow.

Required documents for personal account opening:

  • 1
    ID
  • 2
    Hong Kong and Macao pass;
  • 3
    Passport;
  • 4
    Resume;
  • 5
    Personal flow;
  • 6
    KYC account opening form.

SINGAPORE OPEN BANK ACCOUNT

The advantages of opening a bank account in Singapore

Business people are enthusiastic about the secrets to opening a bank account in Singapore

  • Security and confidentiality
    The Monetary Authority of Singapore has established strict supervision and punishment mechanisms to ensure the security and privacy of customer accounts to the greatest extent possible.
  • Not subject to foreign exchange controls
    Singapore bank accounts are not subject to foreign exchange controls, and funds can be freely distributed, making it convenient for businesses to settle international trade payments. It is very convenient for personal transactions, transfers, financial investments, and other income and expenses.
  • Avoiding exchange rate risk
    Personal bank accounts in Singapore can also be used for foreign exchange reserves, avoiding exchange rate risks and achieving asset preservation.
  • Overseas asset allocation
    Suitable for high net worth individuals from mainland China to invest overseas, purchase properties overseas, immigrate and study abroad through personal accounts in Singapore banks.
  • Deposit is not restricted
    It can fully utilize the overseas business services of banks, reduce the comprehensive cost of funds, accelerate the turnover of domestic and foreign funds, and improve the efficiency of fund utilization.
  • High degree of internationalization
    Singapore has a sound financial system and international banking services that can meet the financial needs of businesses worldwide.
I will inform you immediately of the fees for opening a bank account in Singapore Consulting

SINGAPORE OPEN BANK ACCOUNT

Multiple account opening options for worry free account opening

All major banks in Singapore can successfully open an account, which is not easy to close. It can be processed domestically

What should I do if my Singapore bank account is rejected or my original agent cannot open it? Contact Us

SINGAPORE OPEN BANK ACCOUNT

Numerous successful cases of opening bank accounts in Singapore

Real case records throughout the entire process are available for your reference

SINGAPORE OPEN BANK ACCOUNT

Singapore Bank Account Maintenance Matters

After successfully opening a bank account in Singapore, do not neglect it and avoid being cancelled by the bank due to improper use and other issues!

  • Timely reply to bank information and cooperate with due diligence investigation

    Timely reply to bank information and cooperate with due diligence investigation

  • Must keep the account active

    Must keep the account active

  • Do not fast in or out

    Do not fast in or out

  • Avoid frequent public-private transactions

    Avoid frequent public-private transactions

  • Avoid withdrawing incoming funds in one go

    Avoid withdrawing incoming funds in one go

  • Avoid commercial dealings with high-risk countries and regions

    Avoid commercial dealings with high-risk countries and regions

  • Avoid collecting and paying on behalf of others

    Avoid collecting and paying on behalf of others

  • Avoid involvement in suspicious transactions

    Avoid involvement in suspicious transactions

SINGAPORE OPEN BANK ACCOUNT

Open a bank account in Singapore and seek out Xingye for overseas expansion

Easily solve overseas payment problems for global enterprises and provide convenience for personal overseas investment

  • Singapore Bank Account Opening Brand

    Singapore Bank Account Opening Brand

    For over 15 years, we have been a legitimate agent for opening bank accounts in Singapore and have maintained close cooperative relationships with major banks in Singapore. Our account opening success rate is high and it is not easy to close.
  • Experienced in opening bank accounts in Singapore

    Experienced in opening bank accounts in Singapore

    The team has an average of over 9 years of experience in opening a bank account in Singapore, and has extensive experience in solving problems in the industry. Our strong professional capabilities ensure the success of your account opening.
  • A large number of bank account opening cases in Singapore

    A large number of bank account opening cases in Singapore

    Since the launch of our business, we have helped over 16000 customers successfully open bank accounts in Singapore, providing various bank account opening solutions and a large number of real-life cases for you to review.
  • Full process guarantee for opening a bank account in Singapore

    Full process guarantee for opening a bank account in Singapore

    Promise to keep customer information completely confidential when opening a bank account in Singapore. There are no hidden fees for account opening, and a full refund will be processed if the account opening is unsuccessful.