The requirements for a corporate bank account opening in Singapore are as follows:
1.The company must have the qualifications of legal registration and subsistence, which can be a company in Singapore, Hong Kong, the United Kingdom, BVI, Cayman and other different registered places, but Chinese mainland enterprises cannot directly apply for account opening.
2.The company cannot operate in high-risk industries, and the products and services involved must not be high-risk products and services, otherwise the bank will not be able to pass the review.
3.Companies applying for account opening need to provide complete company information, including company registration certificate, articles of association, business registration documents, shareholder passports, shareholder address certificates, business information, etc. To apply for a Singapore bank account, an overseas company also needs to provide relevant proof of legal registration and actual operation (the company information must be complete and true).
4.The bank needs to provide the documents and background of the directors, as well as the company's meeting minutes and articles of association, bank statements or other business contracts of affiliated companies in the past three months.
5.The bank account opening does not require the director to go to Singapore in person, and the account opening can be completed by **witness.
6.There is no minimum balance requirement for a Singapore corporate bank account, and there is no management fee.