🇸🇬 Singapore · Business Banking

Opening business accounts, remote banking options, required documents, and fees.

Banks are regulated by the Monetary Authority of Singapore (MAS); insured deposits are protected by the Singapore Deposit Insurance Corporation (SDIC). A registered company can open a corporate account.

  • Insured deposits are protected by the SDIC up to the standard limit per depositor, per bank.
  • Opening a corporate account generally requires the UEN, company documents and director/owner ID.
  • Banks apply MAS know-your-customer and anti-money-laundering checks.

Official authorities

Official-information aggregation, not legal advice. Always verify on the authority's own site.

Government portals

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