Reading time 6 min read
Why most modern Singapore companies run a dual banking setup combining a traditional bank with a digital business account.
No single bank covers every need for a growing Singapore business. A simple dual stack approach gives you reliable local rails and modern foreign exchange in one workflow.
What a dual stack looks like
- A traditional bank for SGD operations, FAST transfers and GIRO.
- A digital platform for multi currency accounts and global transfers.
- Clear internal rules on which payments flow through which rail.