Open a Singapore Bank Account as a Non-Resident
Singapore is Asia's premier banking hub. A personal account gives you multi-currency capability, SGD, and access to global wealth management services.
Who this is for
- Expats living or planning to move to Singapore
- Non-residents wanting a Singapore account for APAC operations
- Entrepreneurs paired with a Singapore Pte Ltd formation
- Investors holding Singapore-dollar assets
What's included
- Bank selection guidance for non-residents
- Document checklist (passport, employment, address proof)
- Application form preparation and submission
- Bank liaison during the review period
How it works
Choose bank and account type
Personal multi-currency, savings, or private banking.
Document preparation
Passport, proof of address, employment or income evidence.
Application submitted
Via branch visit or online application.
Account opened
Typically 5–14 business days.
Frequently asked questions
Can I open a Singapore account without visiting?
Some banks and fintechs allow remote opening. Traditional banks typically require a branch visit.
What currencies can a Singapore account hold?
Most Singapore banks offer multi-currency accounts holding SGD, USD, EUR, GBP, HKD, and more.
Is Singapore banking tax-efficient?
Singapore doesn't tax interest income or capital gains. Offshore income brought into Singapore is generally tax-exempt for individuals.
What minimum balance is needed?
Varies by bank, DBS, UOB, and OCBC each have different requirements. We guide you to the right option.
Ready to get started?
Fixed price, real-time tracking, and expert handling, from first document to final approval.
Open Singapore Account