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Bank Account Singapore - FX 1

We help you to open a Multi-currency business account with 6 large banks in Singapore. Accounts are available for both resident and non-resident companies and individuals. Price stated is for resident companies

Our banking support service is not just a mere introduction to the bank. Each bank has different eligibility requirements, types of accounts available and onboarding processes. We assist you in filling out the business questionnaires appropriately and help you understand and provide business details, commercial information and purpose/use of the bank account.

Pre-approval is free.

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More Details

Bank Account Singapore - FX 1 is the attainment of a Multi-currency (USD, RMB, AUD, EUR and other currencies available) bank account in Singapore. We can help you open business and personal accounts with the largest banks in Singapore. Accounts are available for both resident and non-resident companies and individuals. We work with 6 different banks in Singapore. Each bank has different eligibility requirements, types of accounts available and onboarding processes. We work with you to carefully review each banks requirements and services to better understand if your banking service needs.

Personal Visit is required. We offer trustee services if needed.

$ monthly instalments in lieu of one-time fixed rate available.

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What we deliver for the deposit (after pre-approval)

100% foreign-owned corporate bank account (Multi-currencies) with a Physical Top 6 bank in Singapore, setup in accordance with FATF recommendations.

Our banking support service is not just a mere introduction to the bank. We assist you in filling out the business questionnaires appropriately and help you understand and provide business details, commercial information and purpose/use of the bank account that a given bank wants to know in order to approve your account application. Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.

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How it will be done

We will assist you in filling out the KYC and Business Questionnaires. In addition to your company and identity documents, you will need to provide certain business documentation to support your application such as invoices, letters of intent, contracts, etc;
The Bank’s Relationship Manager will review your documentation. The banker may come back with additional questions or give green-light to your account opening process. This usually takes from 1 to 3 days;
We will arrange your appointment with the Relationship Manager in Singapore. The appointment is usually arranged for the following week subject to the client and bankers availability;
You will need to visit the Bank’s branch and have a 1-hour meeting with the Relationship Manager. You will need to provide original documents and sign the application forms. The relationship manager will provide you the Internet Banking SecureToken Device, which will be activated upon the account opening;
After two or three weeks, you will receive an SMS confirming the account opening and providing your account number. You will need to transfer the initial deposit (approximately USD 30,000);
After 5-10 days, you will receive via email your Internet Banking credentials;
After 10-15 days, you will receive your Debit Card (not applicable for Multi-currency accounts)

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Who is this for

For business owners who needs PHYSICAL CORPORATE BANK ACCOUNT to go with a business registration to conduct businesses related to products and services;

Manufacturing;
Design and development;
Retail;
Professional services

There are no specific restricted jurisdictions other than those that face international sanctions. A business connection with Asia is often required. Foreign companies engaging in high-risk businesses and/or conducting an activity which is regulated in Singapore (such as Money transmitter or Forex trading) are not eligible. There are no requirements in terms of business turnover or business size for the bank account.

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Why you should get it

A Multi-currency account provides owner with the following benefits;

Ability to bid for larger value projects;
Ability to maintain a workforce;
Institutional representation in front of larger corporate customers;
Ability to trade in larger contract values and different currencies

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What we guarantee:

Multi-currency corporate bank account 100% owned by foreign business owner, setup in accordance with FATF recommendations;
100% delivery or money-back;
10-day turnaround (depends on business activity);
Courier of documents and tokens

We help bright entrepreneurs with their intangible assets, including financing if they need it.
______
Step 1: Acquaint yourself with some content

Step 2: Click "Start here" to introduce yourself (for e.g looking to set up a branch in Asia and have 5 customers already on our books)
START HERE
What are Intangible Assets
Intangible Assets are soft assets that generates economic value for the holder
How does your business benefit from Intangible Assets
We help firms grow generate economic value through asset acquisition and implementation

Generate economic value
Create intangible asset projects that makes the most business sense to you, the holder.
Controllable
Build Intangible assets that are transferrable and can be controlled by the holder.
Identifiable
Intangible assts are unique, distinct and identifiable. They can be acquired individual or in a business combination, at a certain market price, identified on the balance sheet and amortised over time.
Receive Seller Financing for your intangible assets
Easy and risk-free application
Guaranteed implementation
APPLY NOW
Dozens of customers and counting
Acquire intangible assets remotely. Apply to receive financing.
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*****
"More than a service provider"

"Huan, director of kimbocorp, has helped us to obtain government funding that effectively transforms our business and brand outlook. Today we have a spanking new site, ability to engage with customers and fulfill them remotely. I will continue to go back to Huan and kimbocorp for more capabilities moving forward."

Dr Granville D'Souza
https://www.eqasia.com/
*****
"Branding and digital marketing"
"Kimbocorp added brand identity and digital marketing processes to our business, so that we can now be regarded as a Brand, rather than a small medium enterprise."

John Yeo
https://qacopier.com.sg/
*****
"Swift and Predictable"
"Kimbocorp provided business license and banking relationship within days. The process was swift and predictable and I got what I wanted. We are trying to work with them on more intangible assets and business capabilities."

Sascha Keen
Versatile Ventures
Create wealth from intangible assets
Our specialised team comes together everyday to move our one mission forward - to identify, control and realise the economic potential of intangible assets.
See what drives us
Completion is all that matters

In the business of wealth creation, the only thing that matters is the outcome. That is why we have built simple tools that ensures you see your projects to completion.
Learn more
Learn how intangible assets can generate value over time

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Bank Account Singapore - FX 1

We help bright entrepreneurs with their intangible assets, including financing if they need it.______

Step 1: Acquaint yourself with some content Step 2: Click "Start here" to introduce yourself (for e.g looking to set up a branch in Asia and have 5 customers already on our books)

What are Intangible Assets

Intangible Assets are soft assets that generates economic value for the holder

How does your business benefit from Intangible Assets

We help firms grow generate economic value through asset acquisition and implementation

Generate economic value

Controllable

Identifiable

Receive Seller Financing for your intangible assets

Easy and risk-free applicationGuaranteed implementation

Dozens of customers and counting

Acquire intangible assets remotely. Apply to receive financing.

___________________________________________________

*****

"More than a service provider"

*****

"Branding and digital marketing"

*****

"Swift and Predictable"

Create wealth from intangible assets

Our specialised team comes together everyday to move our one mission forward - to identify, control and realise the economic potential of intangible assets.

Completion is all that matters

In the business of wealth creation, the only thing that matters is the outcome. That is why we have built simple tools that ensures you see your projects to completion.

Learn how intangible assets can generate value over time

Expanding overseas remotely doesn't have to be transactional

January 31, 2021

A simple legal framework to regulate payment service activities

January 28, 2021

How to make money with trademarks

January 16, 2021

Introducing "Seller Financing"

Seller Financing structured to replicate the amortisation schedule of an intangible asset

We help bright entrepreneurs with their intangible assets, including financing if they need it.
______

Step 1: Acquaint yourself with some content

Step 2: Click "Start here" to introduce yourself (for e.g looking to set up a branch in Asia and have 5 customers already on our books)

Easy and risk-free application
Guaranteed implementation