Opening a Business Bank Account in Singapore

When you appoint Sovereign as your company secretary you will gain access to our global banking relationships network. Singapore corporate bank accounts are available for both Singapore companies and non-resident companies. It is strongly recommended that we assist with bank introductions and the preparation and submission of the necessary documentation. Sovereign can also assist in opening a foreign bank account for your Singapore company in other financial hubs such as Hong Kong or Mauritius. Each bank has their own opening requirements but it is often the case that when Sovereign is appointed as the local director for your company, we can open the bank account on your behalf without the need for you to visit the bank in person.