Expats and foreign workers in Singapore often struggle to open local bank accounts. Digital banks may provide a faster, easier alternative—if you meet certain criteria.

Can Foreigners Open Digital Bank Accounts?

Yes—but only with proper local documents:

  • Singapore phone number
  • Valid work pass or FIN
  • Local address proof (e.g., utility bill)

Pros for Expats

  • Fast approval
  • No need for branch visit
  • English support and mobile-first design

Limitations

  • Some services (e.g., GIRO, cheque deposit) may be limited
  • No global branches for cash services

FAQ:
Q1: Can I receive salary in a digital bank account?

A: Yes. Many employers accept bank details from licensed digital banks.

Q2: Can I send money home from these accounts?

A: Some digital banks offer international remittance, but fees vary.

User Comments:

“As an expat, GXS was the easiest account I’ve ever opened.” — Marta D.

“Trust Bank helped me avoid long queues and paperwork.” — Hassan F.

Editor’s Note:

Digital banks give expats fast access to the Singapore financial system—without red tape.

Tags: expat-banking, digital-bank-foreigners, online-account-singapore, mobile-finance

Related FAQs

Sophia Tan

About the Author

Helen Lili – Editor, Research Lead
Helen leads tariff analysis and product change tracking. She maintains the normalized dataset that powers our comparison tables and ensures each claim links back to a dated primary source. Read more articles

Disclaimer:The BankOpen Singapore Editorial Team consists of financial analysts, banking industry professionals, and experienced writers. We are dedicated to providing accurate, up-to-date, and practical insights to help readers navigate Singapore’s banking landscape and make informed financial decisions. The information provided in this article is for general informational purposes only and does not constitute financial, investment, or legal advice. Always consult with a qualified professional before making any banking or investment decisions.