Step 1

• Digital Banks (e.g., Airwallex, Aspire): Usually 1–3 business days after document submission.
• Traditional Banks (e.g., DBS, UOB, HSBC): Typically 2–4 weeks, depending on the complexity of your business structure and the bank’s internal review.

While we cannot guarantee bank approval (as the final decision lies with the bank), SBC provides a Free Pre-Assessment. We review your profile before submission to ensure you meet the bank’s criteria, significantly reducing the risk of rejection. If one bank isn’t a fit, we will recommend an alternative that matches your profile.

We believe in transparency. Common costs to look out for include: 

• Minimum Balance Fees: Traditional banks may charge a fee (S$50–S$100) if your balance falls below a certain limit. 
• Monthly Admin Fees: Some banks charge S$10–S$40 per month.
• FX Markups: Standard banks often charge 1–3% on currency conversion, whereas our Digital Bank partners offer near-market rates.

Yes. We help international founders every day. As your Company Secretary, we provide the necessary Certified True Copies (CTC) and legal signatures that banks require to verify non-resident directors.

Banks receive thousands of applications and often prioritize those that are “Bank-Ready.” By going through SBC, you get:

• • • Direct Access: We skip the general inquiry lines.
    • Perfect Paperwork: We ensure every CTC and Resolution is signed correctly by the Company Secretary, preventing delays.
    • Pre-Vetting: We know which banks are currently “friendly” to your specific industry (e.g., e-commerce, consulting, or tech).