Reading time 8 min read
What banks look for, which documents to prepare and how to avoid the most common reasons applications get delayed.
A clean corporate bank account is essential for running a Singapore company. Local banks and digital challengers each have their own onboarding standards, and a well prepared application is the fastest path to approval.
Documents you will need
- Certificate of incorporation and business profile.
- Constitution and board resolution to open the account.
- Identification and proof of address for every director and beneficial owner.
- A short description of the business model and expected transaction flows.