Project Introduction:Personal accounts at Singapore banks can be applied for without having to go to Singapore. After opening an account, you can transfer, invest, or spend in any country around the world. It has become one of the most popular offshore accounts globally.Singapore banks can offer multi-currency accounts in up to 15 currencies, investment accounts for free trading in US and Hong Kong stocks, and a variety of rich and high-profit financial products to meet the needs of global offshore investors. In the current increasingly tense global economic situation, having an offshore account and allocating offshore assets has become a necessity for families. As a financial center in Asia, Singapore, with its stable political situation, sound financial system, free and relaxed business environment, and a complete Chinese-speaking environment, has become the standard for Chinese offshore accounts.

Application Requirements:

Applicants must be at least 18 years old and provide the following application documents:1. Personal identification documents (passport, ID card, or tax number documents)

2. Proof of residence updated within the last 3 months (to prove that the applicant has long-term residence in the area, it must accurately reflect the client's name and address) 

3. KYC documents that meet the bank's account opening requirements and the minimum funding requirement for the bank account (minimum deposit amount starting from 200,000 SGD, no need to purchase financial products) 

Project Advantages:1. Trading Freedom: Funds can be freely allocated from offshore accounts.2. Global Wealth Management: Fully utilize the bank's offshore business services to reduce overall funding costs, accelerate the turnover of domestic and foreign funds, and improve the efficiency of fund use. 

3. Simple daily account operations, transactions can be conducted directly through online banking.

1.4. High account opening success rate, simple process. Generally, providing real, valid, and sufficient documents and business contracts is enough.

5. The bank enjoys an international reputation, high safety ratings, and many branches.

6. Flexible account opening model, no need to be present in person, with a high proportion of Chinese-speaking bank managers.

Application Process:

The application process consists of 7 steps, with a duration of 2-12 weeks.

STEP:00Sign the contract and collect materials (collect and prepare the materials needed for account opening, customize your business resume, funding plan, KYC documents, and CRS information based on your funding plan for the next year and the documents provided, to facilitate a smooth account opening).

STEP:01Submit to the bank (after checking for accuracy, arrange to mail your signed account application form and prepared application documents to the Singapore bank).STEP:02Bank phone confirmation of account opening matters (after receiving your account application, the bank will call you to verify basic KYC information. We will prepare the information that the bank needs to verify in advance and schedule a call time with the bank for you).STEP:03

Bank review and account opening (after the bank's backend review, if the information is correct, the account can be successfully opened. The bank manager responsible for your account opening will send your account information to the email you provided during the application. The review period for account opening varies greatly among different banks).

STEP:04Receive the bank card and online banking information sent by the bank (the bank will gradually mail your bank card and online banking information to your designated mailing address. Please contact us to arrange activation after you receive the bank card and online banking information. Due to different mailing methods of different banks, the mailing period varies greatly).

STEP:05

Activate the bank card and online banking (after receiving the bank card and online banking information, you need to follow the bank's specified method to use it. Note: Not activating online banking does not affect the transfer of funds into and out of your account).

STEP:06

Use the account & subsequent guidance (after completing the above process, you can normally operate your Singapore account for offshore remittances, transfers, and spending).Application Fees:

Fee Name

Charging Institution

Amount

Charging Time

Refund Standard

Consultation Service Fee

Contracting Company

Chinese Passport: Total: 30,000 RMB per person.Other Country Passport: 50,000 RMB per person.

Singapore Individual Account Secretary Service: 25,000 RMB per year.

文件清单：