Opening an account with Bank of Singapore

logo_bank_bank_of_singapore
COST OF OPENING AN ACCOUNT::

from 630 c.u.

Bank of Singapore is a dynamically developing subsidiary of Singapore’s leading bank OCBC. Considering that today it is Singapore that is the center of all Asian business, it is not surprising that the banking segment here is also showing rapid growth and is gaining leading positions from its competitors. A distinctive feature of the Bank of Singapore owning huge assets is unprecedentedly favorable conditions for conducting financial transactions for both legal entities and individuals.

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SERVICES OF BANK OF SINGAPORE:

  • Various banking operations;
  • Modern Internet banking system for clients;
  • EB50 Premium Plan – a unique offer for foreign companies;
  • There is no monthly account maintenance fee;
  • Services of a personal manager for corporate clients;
  • Opportunity to open a deposit;
  • Insurance.

TO OPEN AN ACCOUNT WITH BANK OF SINGAPORE YOU SHALL PROVIDE:

  • any identity documents;
  • notarized copies of the company’s annual report;
  • if the company has been on the market for less than a year – a good standing certificate;
  • recommendation of the bank for the beneficiary. It is not easy to fulfill this condition, but it is possible;
  • verified addresses of members of the board of directors and all shareholders;
  • legal address of the company;
  • minimum initial deposit before opening an account is $50,000;
  • organizational chart of the company;
  • obligatory condition — personal presence of founders and beneficiaries. Without fulfilling this, opening an account will be denied;
  • stamp of the company.

Since the Singapore dollar is more than 100% backed by gold, investing in Singapore businesses is not just profitable. This is a guaranteed increase and preservation of material resources. The following benefits apply to foreigners who become Bank of Singapore customers:

  • safety of deposits due to the stability of Singapore’s economy;
  • transparent taxation, not subject to changes and jumps in interest rates;
  • network Internet banking, protected according to the latest encryption standards;
  • safety of banking secrecy;
  • compulsory insurance provided at the state level;
  • highest standards of customer service.

Our company is a reliable partner with whom to open an account with the Bank of Singapore is simple and fast. We comply with all the stated deadlines and work within the framework of the current legislation. Working with us, you save time and effort.

HOW LONG DOES IT TAKE TO OPEN AN ACCOUNT

Oleg Venediktov

General counsel of VIP Departament

Also, our company provides licensing services for various types of activities

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