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BANKING


Account Opening


1.
Are foreigners allowed to open bank accounts in Singapore? If so, which category of banks would be suitable or eligible for us?
Foreigners can open bank accounts in Singapore. The choice of bank depends on your specific needs and on the range of deposit accounts that the different types of banks can offer to you. You may refer to information on the types of banks at MAS’ website as well as our directory of financial institutions.

 
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Our related sites:

MoneySENSE
MoneySENSE

MoneySENSE is a national financial education programme that aims to enhance the basic financial literacy of consumers. This website shares guides and tips on topics relating to various financial topics.

MASNet
MASNet

MASNET provides the financial sector in Singapore with a single communications network to improve workflow collaboration and coordination.

Opera
Opera

OPERA is an on-line database hosting information and documents on public offers of shares, debentures and collective investment schemes.

SGS
SGS

The Singapore Government Securities (SGS) website provides individual investors a general overview of the SGS market.

Securities Industry Council
Securities Industry Council

The Securities Industry Council administers and enforces the Take-over Code and has powers under the law to investigate any dealing in securities that is connected with a take-over or merger transaction.

CISNet
CISNet

CISNet allows fund managers or their appointed agents to notify MAS online of their intention to offer collective investment schemes to accredited and other investors under the Securities and Futures Act.

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