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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.