Singapore is mostly known for its iconic Merlion statue worldwide, but this country has more charms to attract more people to come there. As stated by the article The Reason Why Foreigners Come to Singapore? This wealthiest nation in Asia has a friendly community to live as an Expatriate. It has many opportunities for foreigners and immigrants to mingle and enjoy their lives while staying there as a resident.
Being an expatriate moving to Singapore as a foreigner means that a lot of documents and things to prepare. One vital to-do list is to begin opening a Singapore bank account. Fortunately, it has an easy process with its online banking application, enabling people from different backgrounds to open a bank account. As the Singapore banks offer various options for their emerging candidates, there are many different methods to open an account based on the aim, such as savings, business, trading, or investment. With comprehensive features from online banking to multi-currency accounts, you can choose one of them to open a bank account in Singapore. Keep reading to know more about the strategy for opening a bank account in Singapore.
There are some required documents you need to prepare for opening a bank account in Singapore, and most of them place two essential requirements place on their applicants. They are proof of your residence in Singapore and a bank account justification. As a residence proof, you can use your passport, proof of employment (issued by the regional Ministry of …