How to Open a Business Bank Account in Singapore (2025 Guide)

Starting a company in Singapore? A business bank account is essential. Here’s how to open one the right way.

How to Choose Between Traditional and Digital Business Banks

The rise of digital banking has given SMEs more choice than ever. Traditional banks offer full-service branches, trade finance, and loan products, while digital banks focus on speed, convenience, and cost-efficiency. Digital banks are ideal for start

Comparing Business Account Fees Across Singapore Banks

Business account fees vary widely in Singapore. Traditional banks often require minimum deposits ranging from SGD 1,000 to SGD 30,000, while digital banks may have no minimums at all. Monthly account maintenance fees, inward/outward remittance costs,

Business Banking for Foreign-Owned Companies in Singapore

Foreigners setting up companies in Singapore can open business bank accounts, but banks will typically require more due diligence. Essential requirements include a registered local address, ACRA business profile, corporate resolutions, and KYC docume

Top Banks in Singapore for SME Business Accounts

Singapore offers a wide range of banks catering to SMEs. The top choices include DBS, OCBC, UOB, and digital options like Aspire and ANEXT. DBS is popular for its online banking tools and wide network. OCBC offers flexible multicurrency accounts, whi

How to Open a Corporate Bank Account in Singapore

Opening a corporate bank account in Singapore is a key step for businesses setting up in the country. The process is straightforward but requires proper documentation and compliance with banking regulations. Most banks require a company’s incorpora

Step-by-Step Guide to brUnderstanding the fundamental importa

Understanding the fundamental importance of business banking can guide business owners in choosing the right bank for their needs. The article provides insights, tips, and common pitfalls for businesses when selecting a banking service.

Top 5 Tips for brAn explanation of SME banking in in Singapor

An explanation of SME banking in Singapore, including its relevance, key benefits, potential challenges, and tips to choose the perfect bank for your business. The article also features a case study for better understanding.

Avoid These Mistakes When Singapore a thriving economic hub i

Singapore, a thriving economic hub in Southeast Asia, provides a robust platform for business banking. This article elaborates the nuances of business banking in Singapore, offering insights, tips, comparisons, common challenges, examples, and frequen

Avoid These Mistakes When Business banking services are essen

Business Banking article on bankopensingapore.com