Singapore
Banking in Singapore
Recent forum posts
-
Expanding cleaning company to US
Hi, I would be interested in knowing whether it would be a good move to expand my cleaning company to the US. How would you go about doing this?
Total Posts: 4 Last post by leeeo
-
Mt Africa l Jairos Adventure
Mt Africa is a beautiful and powerful symbol of the wild continent of Africa. It often refers to famous mountains like Mount Kilimanjaro, the highest peak in Africa. This mountain attracts many travellers who enjoy adventure and nature. Climbing Mt Africa offers stunning views, fresh air, and a chance to see unique wildlife. Many visitors also learn about local cultures and traditions during t
Total Posts: 1 Last post by leeeo
Banking in Singapore
Singapore has a contemporary banking and financial system offering a plethora of services. The Economic Development Board provides various types of assistance to new businesses setting up. It is recommended, however, that you investigate the types of bank in Singapore. Many banks offer different services, and it's probably best to choose one that is most akin to your financial needs. There will also be a different level of formality for each type of account or bank opted for. For a list of banks, please click on the 'Banking in Singapore' tab located above.
To open a bank account in Singapore, you will be required to provide the following documentation:
- Passport
- Proof of address
There are a handful of international banks operating in Singapore. Considering banking requirements, each bank sets their own, such as the amount needed to open or maintain an account, fees, charges, etc. Cash machines are widespread, and internet banking is available.