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 Opening a Bank Account in Singapore

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Seng_Kiat
post May 7 2017, 08:43 PM

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QUOTE(Ramjade @ May 7 2017, 07:23 PM)
Yes. Company is easy. Walk into any bank you like. SG is one of the easiest place to do business in the world.
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I mean account for individual since I have a company there. company account already have. I need personal account for me. possible to just walk in and get it open on the same day?

what is the normal requirement i need for personal account?

thanks.
Ramjade
post May 7 2017, 08:47 PM

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QUOTE(Seng_Kiat @ May 7 2017, 08:43 PM)
I mean account for individual since I have a company there. company account already have. I need personal account for me. possible to just walk in and get it open on the same day?

what is the normal requirement i need for personal account?

thanks.
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Not sure. You have to ask the banks over there. Just go to the bank which you have company account with and ask for own account with them. Show them proof of company account to increase your chances.
limeuu
post May 8 2017, 02:36 PM

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QUOTE(Ramjade @ Apr 12 2017, 12:04 PM)
AU, thailand got no problem opening account as tourist.
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I wouldn't say no problems...it was easier in the past... opened mine the day after 911, just walk in show passport and opened...

Lately, many banks don't want to open for you...so you have to shop around a bit....St Georges will....
J_Vansen_S
post May 8 2017, 05:38 PM

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For those trying your luck at other DBS bank to open account; save the hassle and just go to MBFC to open a DBS vickers trading account.
IN-directly they will open a dbs bank account for u smile.gif

No need to be working in Spore, no need for Spore address.

This was last year or so:-
My colleague Msian, did that; went to other dbs branch to open account but was rejected, so went to DBS vickers to open trading acc; they go ahead with ur application means they will ask u to open DBS bank account straightaway there.

I had DBS bank acc for quite some years now, only last 2 weeks i dropped by Spore to open a dbs vickers trading account.
CDP account approvied, sgx everything approved. Now just waiting for token & pass from mail.

This post has been edited by J_Vansen_S: May 8 2017, 05:41 PM
J_Vansen_S
post May 8 2017, 05:43 PM

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QUOTE(zhuanko @ May 6 2017, 01:24 AM)
WestPac can. i opened mine during my visit.
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@zhuanko
Mind to share when u opened the Oz account; and which state/branch?

Anyone open a UK account as Tourist?
zhuanko
post May 8 2017, 06:06 PM

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QUOTE(J_Vansen_S @ May 8 2017, 08:43 PM)
@zhuanko
Mind to share when u opened the Oz account; and which state/branch?

Anyone open a UK account as Tourist?
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Opened mine in Victoria, Dandenong branch. Opened earlier this year March only.
blueblueoutofblue
post May 8 2017, 07:21 PM

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QUOTE(Seng_Kiat @ May 7 2017, 08:43 PM)
I mean account for individual since I have a company there. company account already have. I need personal account for me. possible to just walk in and get it open on the same day?

what is the normal requirement i need for personal account?

thanks.
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Is your name in the company shareholder ? Like director ?
Or do you have any investor permit ?
Or do you have work permit issue by MoM under ur company name?

If yes, you can open any account in Singapore , albeit need a referral letter from your own company smile.gif
Seng_Kiat
post May 9 2017, 06:24 AM

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QUOTE(blueblueoutofblue @ May 8 2017, 07:21 PM)
Is your name in the company shareholder ? Like director ?
Or do you have any investor permit ?
Or do you have work permit issue by MoM under ur company name?

If yes, you can open any account in Singapore , albeit need a referral letter from your own company smile.gif
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Yes, I am the share holder and director of the company in SG but I dont posses investor or work permit.
blueblueoutofblue
post May 9 2017, 08:58 AM

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QUOTE(Seng_Kiat @ May 9 2017, 06:24 AM)
Yes, I am the share holder and director of the company in SG but I dont posses investor or work permit.
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oh, then try to open citibank account in singapore.. any foreigner can open but minimun is $5000


This post has been edited by blueblueoutofblue: May 9 2017, 08:58 AM
J_Vansen_S
post May 9 2017, 09:48 AM

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QUOTE(Seng_Kiat @ May 9 2017, 06:24 AM)
Yes, I am the share holder and director of the company in SG but I dont posses investor or work permit.
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Just walk up to DBS MBFC to open an account
kendo88
post May 14 2017, 12:16 AM

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hi all,

can i open a joint bank acc with my gf, who is currently working in SG? I am based in malaysia, not working there.


apathique
post May 14 2017, 12:06 PM

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Hi guys,

I am non-student, non-working in Singapore. Planning to open an account there.

Can anyone advice me on the best bank i.e minimum initial deposit and balance etc.

Was also thinking of doing some trading.

Hope I posted these queries correctly - newbie here.

Thank you. smile.gif
!@#$%^
post May 14 2017, 04:07 PM

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read through this thread. all info inside.
shengzzz
post May 16 2017, 01:47 PM

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Hello, anyone have the experience to open the joint account of CIMB FastSaver Account online?
Is it possible if only one of the person in joint account have other SG bank account that can FAST transfer to the account?
Ramjade
post May 16 2017, 01:56 PM

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QUOTE(shengzzz @ May 16 2017, 01:47 PM)
Hello, anyone have the experience to open the joint account of CIMB FastSaver Account online?
Is it possible if only one of the person in joint account have other SG bank account that can FAST transfer to the account?
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For Joint Account Holders: do a funds transfer via FAST from the respective applicant’s personal account (i.e. the respective account must bear the individual name only) with another bank in Singapore
shengzzz
post May 20 2017, 05:09 PM

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Receive this from Maybank Singapore. Is the door closed?

Attached Image

This post has been edited by shengzzz: May 20 2017, 05:11 PM
Ramjade
post May 20 2017, 05:39 PM

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QUOTE(shengzzz @ May 20 2017, 05:09 PM)
Receive this from Maybank Singapore. Is the door closed?

Attached Image
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Just print out the form, fill it up and walk into the selected maybank branches (not all malaysian branches can do this). Let them post it down for you. Whether rejected or not you will know within a month. Just call them after 2 weeks to enquire about application.
limeuu
post May 21 2017, 06:33 PM

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i did it previously through maybank private banking...no need visit the branch....
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post May 21 2017, 07:19 PM

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QUOTE(limeuu @ May 21 2017, 06:33 PM)
i did it previously through maybank private banking...no need visit the branch....
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oh of course. if only everyone has private banking, that would be just great
Ramjade
post May 21 2017, 07:45 PM

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QUOTE(alexanderclz @ May 21 2017, 07:19 PM)
oh of course. if only everyone has private banking, that would be just great
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You don't need to have priority/private banking to be able to open bank account in SG. Just that priority/private banking
1) improve your chances
2) make your life easier as you don't need to go down to SG.

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