By opening an account with a bank overseas, you can deposit, withdraw, transfer, and conduct other financial transactions at banks abroad. Compared to your domestic bank accounts, overseas bank accounts can offer a wider range of financial products and services. Overseas bank accounts are common worldwide, and both individuals and businesses can open them. Additionally, overseas bank accounts play an important role in asset protection and diversification.
Private account opening: SGD 1500 per account Corporate account opening: SGD 1800 per account.
