We work with a mix of local major banks and international private banks. An in-person visit to Singapore is required at most banks. Minimum deposits vary: from SGD 1,000 for standard accounts up to SGD 350,000 for private banking.
Singapore is one of the world's safest harbours for your wealth. Its banks are highly capitalised and technologically leading. We can now open Singapore accounts remotely as well, without any travel; note the blacklist of prohibited residence countries.
A strategic pointer for internationally mobile clients: establish a residence in the Philippines first. The Philippines does not participate in the CRS, so your Singapore account is reported to Manila rather than to a European tax authority, and our Nomad Package sets up exactly that residence, fully remotely. For remote private-banking openings, budget a minimum deposit of at least USD 150,000.
All figures are indicative and subject to change. Not investment advice.
EU account registers, EAPO, bail-in risk and de-banking — the full picture.
Five steps from order to activated account.
EAPO, Lugano, foreign judgments — an honest assessment.
CRS, FATCA, Anlage KAP — the complete guide.
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Proof of address and phone number must come from the same country — and that must be a genuine residence, not a PO box address. Our Nomad Package sets up a recognised address in the Philippines, including all required documents. Fully remote, no travel required. Ready in 1–2 weeks.
All information is provided for general guidance only and does not constitute legal, tax, or financial advice. Regulations and bank policies change; always verify current requirements before proceeding.