Open Bank Account
Can a Foreigner or Expatriate open a bank account in Singapore?
Whether you are a foreigner living overseas, tourist or an expatriate who is relocating to Singapore, you can now open a bank account in Singapore without having to visit Singapore. You can simply submit an online application from anywhere in the world to open a global banking account in Singapore. You do not need a tourist visa or employment pass to apply.
If you are a foreigner who lives outside of Singapore and wants to invest here, you may open a bank account in Singapore for the purpose of savings, trading or investment. You can apply online without visiting Singapore. Do note that the banks in Singapore may not be able to open accounts for some countries due to regulatory restrictions.
If you are an expatriate who is planning to relocate to Singapore, you can apply for a bank account online even before you arrive in Singapore. You can have your account set up and your banking arrangements, such as salary credit and funds transfer, made before moving here to Singapore.
Citibank International Personal Bank (IPB) Singapore offers you a global online account that leverages a robust wealth management platform that gives you the convenience to save, trade, and invest in a single access anytime, anywhere at your own pace. The minimum deposit requirement is USD$10,000 for this self-managed global online account. If you prefer to have a Relationship Manager for your account, the minimum deposit requirement is USD$50,000 for a Citibanking account and USD$150,000 for a Citigold account. Please note that all accounts must be for personal use only and are not intended for business transactions. Other terms and conditions apply for account opening.
Click here to open a bank account in Singapore now.
Content provided by Citibank International Personal Bank (IPB) Singapore.