Business Foreign Account

Banking on our expertise for assurance

Why you will love this

Enjoy end-to-end online support – no need to visit a branch

Get an account for your multi-currency needs

Access low-cost transfers in over 60 currencies

Who can apply

All businesses registered outside of Singapore

For all other businesses, please apply for the Business Growth Account or Multi-Currency Business Account

Additional eligibility criteria may apply

Apply now
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Open your business account remotely and stay on top of your business cashflow with assurance, wherever you are.

Be in command of your business finances

Access award-winning, multi-language platforms

Stay in control of your business with our secure and easy to use digital business banking platform, available on web and mobile.

Stay in control of your business with our secure and easy to use digital business banking platform, available on web and mobile.

Make every foreign currency transaction count

Make international payments at S$30 flat fee in over 60 currencies or book FX rates that work best for your business.

Make international payments at S$30 flat fee in over 60 currencies or book FX rates that work best for your business.

Supporting your business beyond borders

Leverage on our expertise and strong regional network across ASEAN and Greater China to support your business aspirations.

Leverage on our expertise and strong regional network across ASEAN and Greater China to support your business aspirations.

Before you apply

Eligibility requirements

Type of business
All businesses registered outside of Singapore
For all other businesses, please apply for the Business Growth Account or Multi-Currency Business Account
Additional eligibility criteria may apply

Fees and charges

Account Set-Up Fee (One-time)
US$1200
Monthly account fee (regardless of number of accounts)
S$50 per month for Business Foreign Account (SGD account), US$50 per month for Multi-Currency Business Account
Waived for first 2 months
Full pricing guide and service fees
Download Business Foreign Accounts Pricing Guide
Expanding your business to Malaysia?
Expanding your business to Malaysia?

Leading your business' expansion to Malaysia? We are ready to support you in capturing new business opportunities in Malaysia with our extensive local knowledge and innovative cross-border banking solutions.

Learn more >

ADDITIONAL INFORMATION

Deposits Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

SDIC Consumer Guides

Insured Deposits Register

Download register of insured deposits document for more information.
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