Bank Account Referral
Opening Bank Account
Bank Account Referral
Opening Bank Account
With our network of business partners and a long-term relationship with the banks, we can provide a “one-stop” service for opening a bank account. Documents will be thoroughly prepared and our team will ensure that the entire process of setting up a bank account is completed. Our service is simple, efficient and effective.
Opening Bank Account
Information for Business Bank Accounts
Business Bank Accounts (SG)
Eligibility on Jurisdiction | ||||||||
---|---|---|---|---|---|---|---|---|
Singapore | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Hong Kong | Yes | Yes | Yes | |||||
British Virgin Island | Yes | Yes | Yes | |||||
Seychelles | Yes | Yes | Yes | |||||
Samoa | Yes | Yes | Yes | |||||
Cayman Island | Yes | Yes | Yes | |||||
United Kingdom | Yes | Yes | Yes | |||||
U.S. Delaware | Yes | Yes | Yes |
Bank Account Referral Service
Refer to SBC Pricing Guideline
Account Type | DBS Premium 50 Multi-currency Account | SGD A/c. | FCY A/c | Quad SGD | Quad USD | SGD A/c. | FCY A/c. | SGD A/c | USD A/c. | SGD A/c. | FCY A/c. | SGD A/c | FCY A/c | Current Account | |
Bank Pricing Guideline (SGD) | Admin & Compliance Fee | Individual Shareholder $500 Corporate Shareholder Up to $5,000* | $1,000 | $1,500 | - | - | - | - | $7,500 | $5,000 | - | - | - | - | - |
Minimum Initial Deposit | $50,000 | $10,000 | $10,000 | $5,000 | $4,500 | $100,000 | $150,000 | $100,000 | $100.000 | $30,000 | $1,000 | $50,000 | $50,000 | $4,000 | |
Account Fall Below Fee | $80 | $35 | $28 | $25 | $30 | $100 | $150 | $100 | $100 | $35 | $5 | $20 | $15 | $30 | |
TT – Outwards (Excl. Comm.) | $20 | $50 | $100 | $20 | $30 | $70 | $70 | $40 | $40 | $20 | $30 | $30 | $30 | $60 | |
TT – Inwards | $5 | $10 | $10 | - | - | $50 | $75 | - | - | $10 | $15 | - | - | $20 | |
Bank additional requirements | Requirement for Bank’s Board Resolution: - The board must collect over 60% of the company officer for signature, otherwise separate charges for Company Secretary may applies. - For those who are unable to attend, please bring the original certified Identification proof & address proof. UOB Bank: - Required to bring a Singapore cheque or Bank Draft for the bank account opening deposit. - Offshore Co. Bank Account, required to submit the original Certificate of Incumbency |
Note:
*SGD500 would be charged to each level of corporate structure and the maximum fee up to SGD$5,000
Why SBC?
Unique Service Quality