RHB Singapore Overview Services and Account Opening Guide

RHB is a Malaysia based banking group with Singapore operations serving retail customers, SMEs, and corporates.

Detailed Introduction:

Individuals can access savings/current accounts, cards, personal financing, and investment options. For SMEs and corporates, RHB provides day to day accounts, trade facilities, cash management, and FX solutions.

RHB’s value proposition includes attentive relationship management for SMEs, practical product design, and digital channels for payments and transfers. It is a reasonable option for businesses that want a working partner for trade and cash cycles while maintaining straightforward retail banking for owners and staff.

FAQ:
Q1: What is RHB Singapore?

A regional bank operating in Singapore, offering retail and business banking, including trade finance and cash management.

Q2: How to open an RHB account in Singapore?

1. Pick the account (retail or business).
2. Prepare documents: • Retail: NRIC or passport with valid pass and address proof. • Business: Company registration documents, board resolution if required, and KYC for directors/signatories.
3. Submit application at a branch or via available digital channels.
4. Fund the account as required.
5. Set up online banking access and payment tools.

Q3: Can foreigners or foreign owned companies open accounts?

Yes, subject to KYC, company structure review, and regulatory checks. In person verification and additional documents may be required.

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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