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Opening a Company Bank Account in Singapore

Assisting overseas companies in opening company bank accounts in Singapore, commonly known as "Singapore corporate accounts." Singapore banks offer convenient and user-friendly online banking services, and Singapore has no foreign exchange controls, with banks not imposing mandatory wealth management services. Global Immigration provides the following services for clients: personalized KYC (Know Your Customer) program development, guidance for in-person meetings, and accompanying clients for local face-to-face meetings in Singapore (if required). Successful clients can also enjoy three months of free consultation services for post-account activation and usage. Currently, some Singapore banks accept remote account opening, allowing for video interviews to be conducted without the need to travel.

Requirements for Opening a Company Bank Account in Singapore

Basic Requirements:

1. Complete company registration documents

2. Identification information of shareholders and directors

Additional requirements may be requested based on the company's specific circumstances, which may include:

1. 3-4 contracts or letters of intent between the company and suppliers/customers (e.g., in the trading industry, providing agreements, invoices, shipping documents, bills of lading)

2. Bank statements of other company accounts held by shareholders and directors; business contracts (e.g., in the trading industry, providing agreements, invoices, shipping documents, bills of lading)

3. Proof of residential address for shareholders and directors, employment proof, company social security records

Opening a Company Bank Account in Singapore - Application Process

Signing the Agreement

Sign a service agreement with Globevisa

Bank Initial Review

Submit the necessary documents for the initial review by the bank, which takes approximately 1 week. Once the review is confirmed to be successful, schedule an appointment for the in-person visit

Post-Account Services

Provide consultation services to the client for a period of 3 months after the successful account opening

Data Collection

Collect the required information for the account opening process. Customize a business resume, account opening plan, and KYC documents based on the client's financial plans for the upcoming year

Face-to-Face Meeting and Approval

Attend a one-day face-to-face meeting guided by Global Immigration, accompanied by local colleagues from Singapore banks. Generally, approval is received within 3-4 weeks after the visit, and the account information is received via email

Submission to the Bank

Global Immigration submits the collected data to the bank, which takes 1 working day for bank review

Account Activation

Approximately 1-2 weeks after bank approval, receive the account information via express delivery. Global Immigration assists the client in activating the account, setting up online banking, and mailing the online banking token

Why choose Globevisa for opening a corporate bank account in Singapore?

Perfect product line makes you worry-free

It has opened more than 200 projects covering venture capital immigration, skilled immigration, passports, visa services, overseas education and overseas real estate, company registration, bank account opening, pension reunion and childbirth, identity renewal, etc., covering more than 40 countries and regions. With a complete vertical product line, tailor-made overseas plans for you.

​ The project development team makes you feel at ease

Globevisa International Project Development Center is composed of more than 100 people from more than 20 countries around the world, including professional business experts and investment experts. It always adheres to the principle of taking the law as the foundation, taking safety, effectiveness and risk as the principle, and taking project safety as the benchmark to do our best. Efforts are made to ensure the security of customer assets and identity acquisition, so that customers can rest assured.

Online service allows you to communicate without worry

Globevisa provides customers with a VIP member center system, online query of project progress and cost details, which is convenient and fast. Independent research and development of IM customer communication APP, using advanced data encryption technology. Protect customer privacy throughout the process. Exclusive consultant one-on-one service, private conversation, encrypted group chat. Safety first, privacy first.

Good relationship allows you to submit worry-free

In order to enable customers to obtain immigration information in a more timely manner, Globevisa has maintained good relations with governments, embassies, overseas banks, funds, etc. for a long time. Our professionalism and credibility have been praised by many overseas governments. At the same time, government officials also Went to Global China many times to have one-on-one in-depth exchanges with our customers.

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