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.
Can you open a Singapore bank account online?
You don’t need to make a minimum deposit to open this account either. However, you will need to visit a branch in person – you can’t apply online.
Can I open a bank account online without going to the bank?
Fortunately, you can complete most banking tasks online—even opening your account, in many cases. That means you don’t need to make trips to a branch or print and sign paper forms. It’s all handled digitally, and once your account is open, you can transfer funds and pay bills online.
How can I open a bank account in Singapore?
What documents are required for account opening?
- Identification Document. Provide front and back of NRIC.
- Proof of Residential Address* Provide the latest copy (within last 3 months) of any of the items below: Local utility bill. Local telecommunication bill. Local bank statement/credit card statement.
What is the easiest bank account to open online?
1. Choose a Bank or Credit Union with $0 Deposit Req’s
- Barclays Online Savings.
- Discover Online Banking Cashback Debit.
- Credit Unions.
- Wells Fargo Opportunity Checking®
- BBVA Compass Easy Checking.
- Radius Bank Essential Checking.
Can a non resident open a bank account in Singapore?
If you are a foreigner or not a resident of Singapore, then you can still open a bank account without any trouble. … To open a bank account as a foreigner in Singapore you’ll need: Proof of Identity (Passport or ID card) Proof of Address (Utility bills, etc.)
Can I open a bank account online?
Opening a bank account online is quick and easy. It can take just minutes and save you a trip to a bank branch. … The top online banks are FDIC-insured and offer higher rates than typical brick-and-mortar banks, and they often charge low or no fees.
What is the best bank to open an account?
Here are Bankrate’s picks for the best checking accounts:
- Best for no/low fees: nbkc bank.
- Best for unlimited ATM fee rebates: LendingClub Bank.
- Best rate for no balance requirements: Capital One.
- Best for APY guarantee: TIAA Bank.
- Best for sign-up bonuses: Chase Bank.
- Best for cash back: Discover Bank.
Does opening a bank account hurt your credit?
Opening and closing a checking account doesn’t normally affect your credit. … If that happens, the debt will likely be reported to the credit bureaus and affect your score.
What banks have no monthly fees?
Citibank and TD Bank are the only two banks that offer no interest checking accounts with no minimum to open. BB&T also offers a checking account with no monthly maintenance fee; however, it is only available in select states.
How much do I need to open a bank account in Singapore?
Compare a range of banks accounts in Singapore
|Name||Monthly fee||Minimum Initial Deposit|
|OCBC Basic current account||S$0||S$1,000|
|Citibank Tap and Save Account||S$0||S$15,000|
How long does it take to open a bank account in Singapore?
For applications made between Mondays to Saturdays, 0700 hr to 1900 hr, your account will be opened instantly. Beyond this period, account opening will take 2 working days (including Public Holidays).
Can I open a bank account in person?
Whether you apply for a bank account online or in person, you’ll need a government-issued ID and personal details, such as your Social Security number, on hand. You might also be asked to fund your account with an initial deposit.