Quick Answer: What Do I Need To Open A Bank Account In Singapore?

Can you open a bank account with no money?

Can you open a bank account with no deposit or minimum balance.

If you’ve been following along so far you probably know that yes, you can open a bank account with no money.

You can also do this without adhering to a minimum balance requirement.

Yet, not all bank accounts are created equal..

Which bank allows online account opening?

You choose to open a savings account online as well as operate it via Internet Banking and the Axis Mobile App or visit your nearest Axis Bank branch to do so.

What’s the easiest bank account to open?

The 5 best second chance bank accountsChime. … Peoples Bank Cash Solutions Second Chance Checking. … Radius Essential Checking. … BBVA Easy Checking. … Woodforest National Bank Second Chance Checking.

What is the cheapest bank to open an account?

Best no-fee checking accountsBest overall: Capital One 360® Checking Account.Runner-up: Ally Interest Checking Account.Best for rewards: Discover Cashback Debit Account.Best for out-of-network ATMs: Alliant Credit Union High-Rate Checking Account.Best for students: Chase College Checking℠ Account.

How much do I need to open a bank account in Singapore?

Compare a range of banks accounts in SingaporeNameMonthly feeMinimum Initial DepositUOB i-ACCOUNTS$2S$3,000UOB KrisFlyer UOB AccountS$0S$1,000Citibank Tap and Save AccountS$0S$15,000BOC RMB Current AccountS$0S$10,00021 more rows•Dec 11, 2020

Can I open a bank account in Singapore as a tourist?

There’s no legal reason why you can’t open a bank account in Singapore as a visitor, student or holding a Dependent pass. … UOB state that they consider applications from foreigners who are not working or studying in Singapore, as long as you can attend a branch in person to provide documents.

What do you need to bring to open a bank account?

First off, you need to bring at least one form of photo ID. Some banks may require two forms of identification. These forms can be a state ID, Social Security card, passport or birth certificate. You will need to provide personal information like your date of birth, physical address and phone number.

Which is the best bank to open an account in Singapore?

Best savings accounts in Singapore with the highest interest ratesSavings accountRealistic interest ratesBest forDBS Multiplier0.4% to 0.8% (w.e.f. Jan 2021)Salaried workersUOB One0.5%No salary creditOCBC 3600.4% to 0.5%No credit card spendingMaybank Save Up0.48% to 2.93%Loan customers3 more rows•Dec 7, 2020

What is the minimum age to open a bank account in Singapore?

18 years oldWhat is the minimum age to open a bank account in Singapore. One can open a time deposit or current account in Singapore at the age of 18 years old. However , you may also open a savings account at the age of 15 years. Parents or kids guardians are also allowed to open accounts on behalf of those aged below 18.

Which account is best for salary?

The following is the list of best 5 salary accounts available in India:Kotak Platina Salary Account.SBI Corporate Salary Package.HDFC Bank Classic Salary Account.Citibank Suvidha Salary Account.Axis Bank Prime Salary Account.

Can I keep my Singapore bank account?

Yes, you can until banks ask you to re-submit your resident proof of Singapore. … This would be my suggestion to you in this situation rather than you staying elsewhere and maintaining account of Singapore.

Can I open bank account with passport?

Almost every bank requires you to present a valid government-issued photo ID when opening a checking account. … Other forms of government-issued ID include a valid passport or a U.S. military identification card. Just check with the bank to make sure these are acceptable.