Singapore
- Profile
- Account
- Personal
Singapore is a multicultural immigrant country, and the economically developed people live a rich life. After decades of rapid development, Singapore has become a global metropolis of "Trade Center + financial center + headquarters economy + investment center". According to the wealth Watch report in London, Singapore is currently the fourth largest offshore wealth management center in the world. It is expected that Singapore will become the largest offshore wealth management center in the world by 2020.
Application conditions for company account opening
1. Provide the company's basic documents (registration certificate, articles of association, business registration certificate; bank flow of the company's account for nearly 6 months, etc.)
2. Provide basic documents of shareholders (passport, address certificate, resume, etc.)
3. Fill in the preliminary review form of the company
Advantages of company account opening
1. Facilitate the settlement of international trade funds;
2. Various currencies are freely convertible
3. Easy daily operation of account
4. Online banking can be opened for transaction
Application conditions for individual account opening
1. Passport for account opening
2. Tax number (Chinese ID card or third country tax number; third country tax number is recommended to match with long-term visa to support the rationality of tax number)
3. Address Certificate (the valid address certificate within the past three months shall be provided, including the water, electricity and gas bill issued by the government department with the customer's name and address, or the bill issued by the bank with the customer's name and address, etc.)
4. Fill in KYC document
Advantages of personal account opening
1. High security, no foreign exchange control
2. Flexible transfer and guaranteed privacy
- Advantage
- Islands
- Optional
1. At present, the monetary authority of Singapore still implements a relatively loose policy. The success rate of account opening is usually high, but the Bank of Singapore has a fast response speed and a reasonable degree of risk control.
2. Pay attention to deposit the first deposit on time, keep enough minimum deposit, do not deal with funds in risk areas, and avoid large amount of funds in excess of normal business amount, so as to maintain the normal use of the account and prevent it from being closed.
