At uSafe Group, we simplify the corporate bank account opening process for startups, SMEs, and foreign entrepreneurs.
We assist with both local and international bank applications, provide clear guidance on required documents, and tailor our advice to suit your business structure. Even if you’re a foreigner without a local director, we’ll guide you through every step.
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Businesses registered in Singapore
Why Open a Corporate Bank Account in Singapore?
Opening a corporate bank account in Singapore is essential for any business operating locally. It is also key for companies using Singapore as a regional base. A corporate account legitimizes your operations and helps you manage business income and expenses. It allows you to send and receive payments efficiently. It also ensures compliance with local tax regulations. In many cases, it is a requirement when incorporating a private limited company.
Best Solutions and Options
The best way to open a corporate bank account in Singapore is through a corporate service provider or business consultant. They can guide you through the process and help you prepare the necessary documents.
Most traditional banks in Singapore—such as DBS, OCBC, and UOB—require in-person meetings. They also ask for detailed documentation. This includes proof of business activities, incorporation papers, and details of directors and shareholders.
With the right approach, opening a corporate bank account in Singapore can be a seamless and strategic move for your business.
📍 uSafe Group – Your trusted partner in business compliance & advisory