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Singapore Business Banking

Open a Singapore Business Bank Account

A Singapore business account unlocks SGD, multi-currency operations, and Asia-Pacific payment flows: essential for any Pte Ltd looking to trade in the region.

Open SG Business Account

Who this is for

  • Singapore Pte Ltd owners who need a local business account
  • APAC-focused businesses receiving SGD payments
  • E-commerce and tech companies with Singapore entities
  • Startups that formed in Singapore and need banking matched
Pricing

Bank fees are separate. Approval not guaranteed.

Open SG Business Account

What's included

  • Bank matching for Pte Ltd accounts
  • Document preparation (incorporation docs, director IDs, business plan)
  • Application submission and liaison
  • Alternative fintech options if traditional bank declines

How it works

Step 1

Select bank

DBS, UOB, OCBC, or Singapore-licensed fintech.

Step 2

Documents compiled

Certificate of Incorporation, M&A, director IDs, ACRA profile.

Step 3

Application submitted

We file and liaise on your behalf.

Step 4

Account decision

Typically 10–21 days.

Frequently asked questions

Do I need to be in Singapore to open a business account?

Traditional banks typically require an in-person visit or video call. Some fintechs are fully remote.

Can a non-resident director open a Singapore business account?

Yes, with proper documentation, the Pte Ltd structure and ACRA filings are key.

Which Singapore banks accept foreign-owned companies?

DBS, UOB, OCBC, and Standard Chartered all accept foreign-owned Pte Ltds with the right documentation.

What if the bank declines?

We offer Singapore-licensed fintech alternatives (e.g. Aspire, Airwallex) as a fallback.

Review before you continue

Check the listed scope, requirements, price note, and FAQs. Final decisions remain with the relevant bank, government authority, or institution.

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