ASIA CONSULTING

DIGITAL BANK ACCOUNT SETUP SERVICE IN SINGAPORE

for individuals and corporates

We deliver extensive business operational solutions, meticulously assisting enterprises at every phase to achieve sustainable & enduring success in venture establishment endeavors

Starting a company in Asia? Whether in Hong Kong, Singapore, Malaysia, Thailand, or elsewhere, let us handle registration process

Executing strategic or operational plans for your firm? Let our experts provide advice and solutions for you

Wanting to open a Singapore digital bank account for your individual or corporate purposes? We are pleased to provide assistance

Why is it hard to get a Singapore bank account for foreigners & foreign firms?

Opening an individual traditional bank account in Singapore requires a lot of documents, while opening a corporate account, especially for foreign business owners, is often lengthy and complex, taking 6 months to a year. The process typically involves:

 

  1. Submitting the application
  2. Initial KYC verification
  3. Interviewing with a banker
  4. Approval of the account

 

Banks in Singapore impose strict requirements on foreign applicants, requiring detailed documentation and strict checks due to limited verification availability and compliance with anti-money laundering and anti-terrorism laws. To comply with regulations, banks conduct thorough checks to differentiate legitimate businesses from illegitimate ones, closely reviewing activities, which is challenging for startups. Complete, well-organized documents are key to a successful application.

Banking Consultants at Asia Consulting are here to provide assistance

Guiding you through the KYC process: We facilitate digitized KYC documents to improve the success rate of account openings and match you with the most suitable solutions even before agreements are finalized.

 

Tailored consultations: Get expert advice on digital banking with competitive opening and maintenance fees.

 

Account setup support and afterservices: We help you successfully open digital bank accounts and provide ongoing support even after the account is opened.

Trusted Digital Banking Brands

Open Accounts, Simple and Easy

Low Deposit Requirement

Why Consider Digital Banking in Singapore?

While traditional banks like DBS, OCBC, and HSBC have long been the preferred choice for businesses, digital banks are becoming increasingly popular. Digital banks operate entirely online, allowing individuals and businesses to manage finances via smartphones or computers.


         Benefits of digital banking:

  • Faster and easier account opening process
  • No need to visit banks physically, can open on mobile phone remotely
  • Low deposit requirements
  • Cost-effective international transfers

Individual Account
Corporate Account

Foreigners Opening Personal
AND Corporate Digital Bank
Accounts in Singapore

Individuals or Corporate? If you are struggling to provide all the required documents, our team can guide you on how to acquire all documents, and support you until the process is completed.

Personal Digital Bank Account

We also assist individuals to open personal digital bank accounts in Singapore.

Our assistance and support processes:

  1. Advice on procedures

  2. Document preparation

  3. Document submission

  4. Guiding you through KYC process

  5. Following up until your account is approved

  6. Post-approval support

Corporate Digital Bank Account

When applying, foreign entrepreneurs must provide the following documents:

  1. Proof of your company (business profile, certificate of incorporation, etc.)
  2. Identification of directors, shareholders, and ultimate beneficial owners
  3. Details of the company, including its type and activities
  4. Company website or evidence showcasing the company's activities
  5. Proof of company address

Asia Consulting - Your Trusted Adviser

 

Strong relationships: We have established long-term partnerships in digital banking in Singapore.

Tailored guidance: Our KYC team ensures you are matched with the qualifications that result in high chances of success.

End-to-end support: Our team will guide you through each step, answering questions and providing dedicated assistance.

Excellent customer service: We provide extensive support to meet your needs.

Choose Asia Consulting today and let us assist you making your business breakthrough a reality

Our services

Company Incorporation

Strategic Consultancy

Operation Consultancy

Online tools for business

Digital Bank Account Setup Assistance

Translation Services

Business Adviser

Round-The-Clock Customer Service

Other Please Inquire

Contact us

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