Opening A Business Bank Account In Singapore
Singapore bank option 6 business account wealth management account note that the accounts can be currently opened remotely without needing to visit the bank s branch due to the current covid 19 situation.
Opening a business bank account in 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. 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. The possibility of online account opening depends on many factors including the nature of your business.
Transferwise is the smart new way to send money abroad. Most of the banks in singapore offer attractive features such as multi currency accounts internet banking credit cards trade financing freedom to move funds across countries and more. All in all opening a business banking account in singapore should be a fairly a painless process with plenty of options for choosing the right account for your business.
As a foreigner you can apply for bank account opening in singapore even if you don t live there.