Singapore Corporate Bank Account

A Singapore corporate bank account can be opened without you needing to visit Singapore. Healy Consultants' experienced Singapore corporate bank account team will prepare the required documentation and attend a bank interview on your behalf. We are one of the few global professional firms who provide this service. Some points to note when opening a corporate bank account in Singapore include:

Singapore corporate bank accounts are in great demand because of a massive flow of capital from the West into Singapore.

Prior to submitting the Singapore corporate bank account application, Healy Consultants prepares a detailed business plan, highlighting the company's activities and financial projections. This will include providing reasons why the company requires a Singappore corporate bank account.

To enable Healy Consultants to complete the Singapore corporate bank account application, our firm requires detailed information on the company's activities (including proof of business such as examples of contracts and invoices etc), information on the company's customers and suppliers, as well as information about its management team and financial projections.

The Singapore government requires local banks to implement strict 'know your client' procedures for clients opening a Singapore corporate bank account. This is to ensure the capital inflows are legitimate and clean.

Despite strict guidelines, Healy Consultants will assist our client to open a Singapore corporate bank account with minimal inconvenience, assuming the bank receives sufficient information about the Singapore company activities, beneficial owners and bank signatories to the Singapore corporate bank account. Healy Consultants has a 100% record for obtaining Singapore corporate bank account opening approval.

The Singapore corporate bank account is opened at a large international retail bank such as HSBC, Standard Chartered and Citibank. The account includes world-class Internet banking, a corporate cheque book, corporate ATM card and corporate debit card (Visa), if required.

The minimum initial deposit for a Singapore corporate bank account is US$1,000. Healy Consultants pays this deposit into the Singapore corporate bank account on our clients' behalf.

Following Singapore corporate bank account application, your Firm will normally receive a bank account number within two weeks. Internet banking is typically fully functional within two weeks of receipt of the corporate bank account number.

Healy Consultants' fee to assist with opening a Singapore corporate bank account amounts to US$1,800.