{"id":9265,"date":"2023-07-04T15:42:05","date_gmt":"2023-07-04T07:42:05","guid":{"rendered":"https:\/\/expat.metroresidences.com\/sg\/?p=9265"},"modified":"2023-07-05T10:09:13","modified_gmt":"2023-07-05T02:09:13","slug":"how-to-set-up-a-bank-account-in-singapore","status":"publish","type":"post","link":"https:\/\/expat.metroresidences.com\/sg\/housing\/serviced-apartments\/how-to-set-up-a-bank-account-in-singapore\/","title":{"rendered":"How to: Set-up a bank account in Singapore."},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”padding-4-percent” column_padding_position=”all” background_color=”#fefeff” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”10px” top_margin=”-20%” width=”5\/6″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none”]
<\/div><\/div>[vc_custom_heading text=”How to: Set-up a bank account in Singapore.
\n” font_container=”tag:h1|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1557986173636{margin-bottom: 20px !important;}”][vc_custom_heading text=”Living in Singapore requires you to first set up a few essentials before you can settle in. Arguably one of the most important things is to open a bank account.” font_container=”tag:h3|text_align:left” use_theme_fonts=”yes”][vc_column_text css_animation=”fadeIn” css=”.vc_custom_1688459165834{margin-top: 20px !important;margin-bottom: 20px !important;}”]Just moved to Singapore?<\/a> Welcome to the little red dot! That said, Crypto isn’t taking over the financial system just yet. So you still need to open a good-old bank account in Singapore to access your savings and funds. It becomes all the more important when you’re starting a business in Singapore.<\/a> Here’s a quick guide on what you need to have to open a bank account in Singapore, as well as the range of banking options out there.<\/p>\n
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  1. Things to consider<\/strong><\/a><\/li>\n
  2. What documents to prepare<\/strong><\/a><\/li>\n
  3. Can foreigners open a bank account in Singapore without EP?<\/b><\/a><\/li>\n
  4. Expat-friendly banks<\/strong><\/a><\/li>\n
  5. Online vs Walk-In<\/strong><\/a><\/li>\n
  6. Savings Account options<\/strong><\/a><\/li>\n<\/ol>\n[\/vc_column_text]
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    \"metroresidences<\/div><\/div>[vc_column_text css_animation=”fadeIn” css=”.vc_custom_1557819663162{margin-top: 20px !important;margin-bottom: 20px !important;}”]\n

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    What should I consider when choosing the right bank?<\/b><\/h3>\n[\/vc_column_text][vc_column_text css_animation=”fadeIn” css=”.vc_custom_1688459248476{margin-top: 20px !important;margin-bottom: 20px !important;}”]\n