Can a foreigner open a Singapore bank account?

Can a non resident open a bank account in Singapore?

If you are a foreigner or not a resident of Singapore, then you can still open a bank account without any trouble. … To open a bank account as a foreigner in Singapore you’ll need: Proof of Identity (Passport or ID card) Proof of Address (Utility bills, etc.)

Can foreigner open OCBC bank account in Singapore?

OCBC asks that foreigners bring either a EP/S-Pass employment pass/work permit or student pass and passport to one of their local branches to initiate opening an account. … You are required to visit any of their Singapore branches personally with your Passport for the account opening.

Which bank is best for foreigners in Singapore?

3.1. Best local banks in Singapore for foreigners

  • DBS (Development Bank of Singapore) and POSB.
  • United Overseas Bank (UOB)
  • Overseas Chinese Banking Corporation (OCBC)
  • Citibank.
  • The Hong Kong and Shanghai Banking Corporation Limited (HSBC)
  • Standard Chartered.

How can I open a bank account in Singapore without employment pass?

While an employment pass is generally required, you can still open a bank account without one. For example, UOB will consider applications from foreigners as long as they visit a branch to provide their documents. Digital banks are also great to consider as you do not have to provide proof of employment in Singapore.

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Can a foreigner open a bank account?

A foreigner can open a bank account in the US. Most small banks only allow US citizens and permanent residents to open up bank accounts. … However, larger banks such as US Bank, TD Bank, Bank of America, Chase, and Wells Fargo will allow non-residents to set up a checking account and a savings account.

Can foreigner open HSBC bank account in Singapore?

If you are in Singapore

Open an account in Singapore as an expatriate to credit your salary and for your day to day transactions, you can go to any of our branchesany of our branches visit branch information page with the required documents.

Can foreigners open POSB?

Online account application is only available for Singaporeans, Permanent Residents and Foreigners with valid Singapore work pass (e.g. employment / S pass) or student pass. … For Branch Account Application, each applicant will need to bring along the original copy of the required documents.

Can I open a bank account online in Singapore?

You don’t need to make a minimum deposit to open this account either. However, you will need to visit a branch in person – you can’t apply online.

How do I open an offshore account in Singapore?

Before you go, make sure you are up to speed with all the documents you will require to open an account. Depending on the bank, these will probably include: Passport, identity documents, copy of your bank statements, proof of address, and ideally a letter of recommendation from your home bank.