Further enhance international reputation with global bank accounts. Have a peace of mind when it comes to setting up an international bank account with our team of dedicated & experienced advisors.
Offshore bank account offers multitude of benefits to businesses, including:
Holding assets overseas in different currencies allows businesses to take advantages of jumps in currency fluctuations.
Having an offshore bank account in a politically and economically stable provides a peace of mind for the safety of your money.
Bank account information in offshore jurisdictions is strictly private & highly confidential to offer maximum protection to owners from unwanted leaks of information.
Quick and easy international money transfer policy provides the needed flexibility for your company’s cashflow management.
Processing
The bank account opening process in offshore jurisdictions can sometimes be overwhelmed with long list of due diligence paperwork. With our experienced agents here with you every step of the way, you can rest assured that your global bank account is ready in no time.
Provide us the basic information for dedicated support
Prepare KYC documents as per our instructions to raise a higher success rate
Submit application form and additional documents for the bank's assessment
Receive the official letter and account details, if the application is approved
To get started, most banks typically request the following documents for initial review process:
Note:
* Banks may ask for additional documents on a case by case basis.
* BCIncorp will not guarantee 100% success rate because the final decision is at the bank's discretion.
We assist you in connecting with various traditional and digital banks at the best price. Compare the differences between banks to make appropriate decisions.
| Bank | Deposit | Remote Process | Card Issurance | Processing Time |
|---|---|---|---|---|
 OCBC |
US$ $500 (local) or US$ 30,000 (foreign) | Yes | Debit cards | At least 4-6 weeks |
 DBS |
SG$ 250,000 | No | Debit cards | At least 4-6 weeks |
 United Overseas Bank |
Minimum SG$ 1,000 | No | Debit cards | At least 4-6 weeks |
 Caye International Bank |
US$ 1,000 | Yes | Pre-paid cards | At least 3-5 weeks |
 First Caribbean Bank |
USD 25,000 | Yes | Credit cards | At least 4-6 weeks |
 ABC Banking Corporations |
From USD 5,000 | Yes | Debit cards | At least 4-6 weeks |
| Bank | Deposit | Remote Process | Card Issurance | Processing Time |
|---|---|---|---|---|
 Airwallex |
No required | Yes | Airwallex Borderless Cards | 3-5 business days |
 Aspire |
No | Yes | No | 3-5 Business Days |
 Payoneer |
No | Yes | Payoneer Commercial Mastercard | 3-5 business days |
 Wise |
No | Yes | Wise Business Debit Cards | 3-5 business days |
 Pingpong |
No required | Yes | 3-5 business days |
TAKE YOUR FIRST STEP
Set up your business in over +10 countries and receive consultations from our local experts.
Bank account opening assistance fee in Singapore
NOTES
NOT MATCHED YOUR GOALS?
You can talk to a customer support representative or send us an email to one of the following addresses. We will respond to your request at earliest time possible.
Contact Sales Chat with UsANSWER
It is lawful. It is prohibited to use it illegally, to launder money or hide assets that do not belong to you, or to cheat taxes.
ANSWER
The process could last 30 days, after having submitted all the necessary documents for a traditional bank. And for EMI (electronic money institution), it will take only about 3 - 5 days.
ANSWER
To avoid any legal risks, it is highly recommended that offshore company documents must be acquired first before opening a bank account.
ANSWER
It depends on the country. Hong Kong and Singapore banks require your physical presence while other countries' processes could be done through remote application.
Send us your questions. Our experts will answers.
Ready to register ?
Start your company registration today through our secure simple online form which will take you less than 5 minutes.
