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Corporate bank account opening support
A complete KYC document pack and warm introductions to Singapore banks and digital business accounts, so your account is open in weeks rather than months.
What is included
How we help you open a business account
Bank and account selection
Comparison of local banks and digital business accounts against your transaction profile, currencies and residency.
KYC document pack
Business profile, constitution, board resolution, director identification and a clear business description prepared to bank standards.
Introductions
Direct introductions to relationship managers and onboarding teams we work with regularly.
Application follow-up
We track queries from the bank and help you respond quickly and consistently.
Multi-currency options
Guidance on accounts that hold SGD, USD and other currencies for cross-border trade.
Compliance readiness
Source of funds and business activity explanations aligned to what banks ask for under Singapore AML rules.
Pricing
Bank account support from S$300
Sample one-off fee, included at no charge in incorporation bundles. ST Corporate Services is not a bank and does not guarantee account approval, which remains at each bank’s discretion.
Newly incorporated?
Bundle incorporation, registered address and bank account support for a smoother first month.
Process
How the engagement works
01
Profile review
We assess your business model, transaction volumes and director residency to shortlist suitable providers.
02
Document preparation
The KYC pack is prepared and checked before submission.
03
Introduction and application
You are introduced to the bank and the application is submitted with our support.
04
Follow-through
Queries answered and onboarding tracked until the account is active.
FAQ
Frequently asked questions
Digital business accounts can be approved in days. Traditional banks typically take two to four weeks depending on the business profile and whether directors can attend in person.
Some banks require at least one director to attend a verification meeting. Several digital providers onboard fully online. We advise based on your situation.
Yes, though banks apply closer scrutiny to non-resident ownership. A clear business plan, contracts or invoices, and a Singapore presence such as a resident director or employee help.
The ACRA business profile, constitution, board resolution approving the account, identification and address proof for directors and beneficial owners, and evidence of business activity.
No. Approval decisions rest with the bank. Our role is to prepare a complete, consistent application and direct you to providers most likely to suit your profile.
Related services
Related services
Incorporation
Set up the company that will hold the account.
Accounting
Bank feeds connected to your ledger from day one.
Payroll
Salary and CPF payments run from your new account.
Ready to get started?
Tell us about your company and we will send a fixed quote within one business day.
