Wed, 23 August 2017
FB Twitter Rss
Advertisement
Sun, 04 December 2016 17:13:38

Banking in Singapore Uncovered: All Information for Residents and Travelers

BankSing.com is an informational portal about banks in Singapore that helps locals, travelers and expatriates open bank accounts, get credit cards, use ATMs and all bank related transactions.

Opening an account in the city can be a daunting task especially to foreigners who have never been to the country before. This is due to the availability of a wide variety of local and international banks in Singapore. There are also additional paperwork and transactional fees involved. To solve this problem, the website aims to provide reliable information and strategic guidelines to opening a bank account in Singapore.

Foreigners who want to invest in Singapore can open bank accounts in the country for trading, investment or saving purposes. On-line applications are allowed, though some countries have regulatory restrictions on this However, there are basic requirements that have been put in place when opening a bank account in Singapore.

Expatriate planning to relocate to Singapore can open a bank account on-line before arriving in the country. All banking arrangements and accounts such as funds transfer and salary credits can be set up by the time the expatriate gets in the country.

The age limit also plays a major role is opening an account. Anyone above 18 can open a deposit and a savings account. However, anyone at the age range of 15 - 18 can open a savings account which they can do it personally or their parents/guardians can do it on their behalf. A passport and a minimum deposit amount will be required for opening the account.

It is important, however, to also consider some of the services the banks offer such as accessibility to ATMs and the charges associated with using ATMs, bank branches near one's residence to reduce the commute time in case of financial issues that need to be resolved, charges and fees associated with transactions such as issuance of new check books and standing orders, and availability of Internet or mobile banking applications. These services should be some of the top priorities to consider before settling for a bank in Singapore, and the portal provides such information as well at banksing.com.

 

Link to Source:
http://www.datsyn.com/press-release/17326/2016/12/04/Banking-in-Singapore-Uncovered-All-Information-for-Residents-and-Travelers

 

LOGIN TO POST ADS

Free Registration
Username / Email
Password
  • Forgot your Password?
  • Create an Account
  • Latest News

    New Series Women of Ruth with LaVer..
    on 21 August 2017 18:51:45
    Nashville TN. - Audiences from around the world are about to get an inside look into the lives of wo
    Learn how to Get Target Audience Wi..
    on 21 August 2017 17:49:32
    There are a lot of programs that can aid you in your endeavors in having a healthy mental life. &nb
    You can easily Apply for Business ..
    on 21 August 2017 17:44:00
    Among the so many varieties of credit cards, one of the most underestimated is the value of a busine
    Dental sleep specialist Scottsdale ..
    on 21 August 2017 17:39:39
    Most of us are familiar with Nursing Assistants, but we don’t really know all that is required
    Easy Approval For Your Payday Loans..
    on 21 August 2017 17:35:40
    Technology spoils people’s whims. It tends to cater to every human’s caprices. It feeds

    Latest Classified Ads

    Power Bank 20000mAh Slim aluminum a..
    on 12 January 2017 18:51:46
    Power bank 20000mAh Slim Aluminum Alloy mobile battery charger with electronic digital display ..
    Solar Battery charger..
    on 12 January 2017 18:51:15
    Solar battery charger –  10000mAh Solar battery Power Bank charger With Fold-able 4 Solar..
    Portable Car battery jump starter..
    on 12 January 2017 18:41:49
    Portable car battery jump starter  power bank 12000mah, emergency Multi purpose battery charger..
    Wireless Charger 10000mah Power Ban..
    on 01 January 2017 17:07:54
    Wireless Charger – 10000mAh Polymer lithium-ion QI wireless power bank for sams..
    Power Bank 20000mAh Slim Notebook c..
    on 01 January 2017 17:05:46
    Power bank 20000mAh – 3 ports ultra slim portable leather/metal notebook external battery char..