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Business bank account comparison singapore. Many business banking accounts in singapore charge an early account closure fee if you decide to close it within 6 months of opening the account. Since b ank charges and cash flow are important concerns when selecting a business account today we shall look at the bank accounts offered by the 3 local banks dbs ocbc and uob from a.
In an effort to streamline their operations and cut down on manual work the banks have implemented a new generation of business accounts. Watch out for convenient features such as access to both a mobile and web app extra integrations the ability to make bulk payments and expense management. Cost comparison of digital business accounts.
Dbs started a fully online digital business account called dbs digital business which eliminates any manual transactions. This chart provides a side by side comparison of the features of the singapore company bank account with the three local banks dbs ocbc uob in singapore.
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