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Accounts with Singapore banks

The demand for opening accounts with Singaporean banks has grown over recent years due to several reasons:

  • Singapore has turned into one of the biggest world financial centres and keeps growing
  • Singapore has one of the highest credit ratings globally and has a positive forecast.
  • Leading Singaporean banks regularly feature in the world’s ten strongest banks. Banking services in Singapore can be divided into three big categories:
  • individuals’ current accounts, including consumer credit;
  • legal entities current accounts, trade financing included;
  • saving and asset management accounts, including priority/privilege banking programs and Private Banking accounts.

Accounts of second and third category are available to foreign entrepreneurs.

Our specialists are looking forward to sharing their experience and knowledge in banking arrangements. They will tell you with pleasure how to open a bank account in Singapore for individuals or legal entities.

If you want to know more about Singaporean bank account opening procedures, please read our articles written by our experts.

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