Opening a physical account in Singapore

Singapore is an advanced financial center with a developed, reliable banking sector. Opening an account in Singapore will allow you to work comfortably, conduct business using Singapore dollars, world currencies. Tax consultants, financiers, lawyers of Positive Invest will help in selecting a bank, drafting documents for opening an account.

Singapore has more than 30 banks (local, foreign). We recommend that clients focus on three financial structures:

  • DBS;
  • OCBC;
  • UOB.

Institutions quickly, cheaply conduct financial interbank transactions through the EPS system.

Our company uses huge experience, international banking connections, which guarantees a professional service for opening an account.

Our company uses huge experience, international banking connections, which guarantees a professional service for opening an account.

Due to the economic and political stability of the state, opening an account in a Singapore bank gives an advantage to business owners:

  • comprehensive service (traditional package of services, lending program, asset management, exchange, investment services);
  • guaranteed safety of accounts;
  • bank secrecy, which allows to provide a citizen of another state with complete confidentiality;
  • remote account management, balance control regardless of location.

We help in the shortest possible time to prepare documents, choose an acceptable banking service program for opening an account with a bank in Singapore.

Opening an account in Singapore for a non-resident

Due to the growing global problem of illegal financial circulation and tax evasion since 2014, the procedure for opening an account in Singapore for non-residents has become more complicated - it is necessary to provide banks with a letter of recommendation drawn up by the manager of the current bank, information about the sources of the company's income.

Positive Invest Company guarantees the speed, quality, reasonable price of the services provided. There is a privacy program to protect the received data.

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Positive Invest is a licensed company registrar in Singapore and Hong Kong, we are not agents, we are registrars