Private banks in Singapore each set their own entry thresholds. Understanding these minimum deposit requirements is essential for high-net-worth individuals (HNWIs) seeking tailored wealth solutions.



Most local banks such as DBS Treasures Private Client, OCBC Premier Private Client, and UOB Privilege Reserve typically require SGD 1–2 million in investable assets. Global firms such as UBS, Credit Suisse, and Julius Baer set thresholds ranging from USD 2 million to USD 5 million. Boutique firms may negotiate entry requirements depending on relationship potential.

These minimums are not just financial hurdles—they also act as filters to determine client profiles. Banks look for clients with diversified asset bases, stable revenue streams, and international investment appetite. Some institutions may waive initial requirements for clients who commit to structured products or lock-in deposits.

In practice, qualifying thresholds continue to rise as global wealth flows into Singapore. This reflects both strong demand and Singapore’s ambition to maintain exclusivity in its private banking sector.

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Sophia Tan

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Marks Toms – Editor-in-Chief
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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.