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Reliable traditional bank account opening made easy with Global Link Asia Consulting
99% opening success rate, expert consultation, dedicated support
10 years of collaboration with esteemed banks such as OCBC, UOB, DBS, Standard Chartered, and Citibank.
Introduction to physical banks
What is traditional banks (brick-and-mortar banks)?
Traditional banks, also known as brick-and-mortar banks (physical banks), are financial institutions that have physical branches where customers can conduct various banking activities.
These banks offer a wide range of services, including savings and checking accounts, loans, credit cards, and investment opportunities. Unlike digital banks, traditional banks provide customers with face-to-face interactions and personalized assistance from banking professionals.
Why you should consider opening a physical account?
This is probably top reasons why many businesses prefer traditional banking. Traditional banks have a long-standing reputation for trust and security. These institutions are highly regulated and governed by central banks, providing a sense of confidence and peace of mind to customers.
One of the primary reasons to consider opening a traditional bank account is the accessibility and convenience it offers.
With physical branches located in various cities and countries, traditional banks provide easy access to your accounts, cash deposits, withdrawals, and other high-end banking services.
Physical banks offer a comprehensive suite of banking services, including:
- Checking accounts, savings accounts, loans, credit cards, and investment options.
- Advanced payment method such as letters of credit.
- Cash withdraw at ATM or branch, letter of credit, cheque issuance, etc.
Open a bank account in Singapore - Your pathway to global financial success
Why choose Singapore to open your bank account?
6 step for opening a physcial bank account at your country of company incorporation
Why choose Singapore to open your bank account?
High protection
High chance of successfull account opening
Foreign companies located in Hong Kong, Malaysia, and offshore locations like the British Virgin Islands (BVI) and so forth can open physical bank accounts in Singapore.
Access to premium banking services
Singapore banks offer a wide range of advanced services that guarrantee to fulfil your business needs.
6 step for opening a physcial bank account in Singapore with ease and sucess
1
KYC and Consultation
Receive and evaluate your profiles.
Confirm the plan and proceed to implementation.
2
Application preparation and Submission
Prepare necessary documents for account opening.
Support to conduct an interview with a banker
3
Handover and ongoing Support
Support account verification processes. Provide advice and address any questions from the bank. Monitor and update account opening progress.
Set up your account and hand over relevant documents if the account is succefully opened.
Important note
Opening a physical bank account in Singapore for a foreign company typically takes 3-6 months due to stringent background check.
Singapore banks have minimum deposit requirements.
7 step for opening a physcial bank account at your country of company incorporation
1
KYC and Consultation
Receive and evaluate your profiles
Evaluate your profile strenghs and weakness for a thorough consultation on bank selection
2
Application preparation and Submission
Confirm the plan and proceed to implementation
Prepare necessary documents for account opening
Support to conduct an interview with a banker
3
Handover and ongoing Support
Support account verification processes. Provide advice and address any questions from the bank. Monitor and update account opening progress.
Set up your account and hand over relevant documents if the account is succefully opened.
In case the account is not succefully opened, we will support you with a second option.
Our banking experts are at your service
Why should you choose our traditional bank account opening service?
Can you open your own traditional corproate bank account?
It is possible for businesses to open their own bank account, but it is not recommended due to the challenges and time-consuming nature of traditional banking registration.
That is why, Global Link Asia Consulting offers a service to handle all procedures for successful banking account registration, ensuring compliance with legal requirements and minimizing complications.
With us, you can enjoy a seamless and stress-free experience, dedicate your precious time to improtant tasks.
Global Link Asia Consulting, with long-term experience in helping thousands of businesses open and register physical bank account successfully, provides extensive guidance and support in:
As a strategic partner with esteemed banks all over the world, we are proud to implement an effiicent, digitalized KYC process to help you choose the right banks and open an account with success from the start before contract signing.
How can we help you?
Support in company registration
Support in selecting reputable and effective banking institutions
Advice on various traditional banking solutions tailored to your needs.
Support in opening your bank accounts with traditional banks or digital banks
Assistance with document preparation, KYC check, interview support.
We offer:
Fast, efficient, professional, and secure proccess
In-depth understanding of different payment gateways and expert advice
Competitive pricing packages with 100% no hidden fees
Long-term relationship with prestige payment institutions
Dedicated and responsive support
Why our physical account opening service is unique?
Many businesses choose us as their trustwworthy payment advisor simply beacause of these follow qualities:
FAQs
Nowadays, most banks require in-person visits and strigent due dilligent checks to see if are eligible to open a corporate bank account.
The account opening process duration may vary depending on the country, bank, and compliance checks involved. It can range from a few days to several weeks.
Usually, foreigners must undergo a long account opening process, which can result in weeks or months to open your corporate bank account, after the application
In response to the anti money laundering regulations, many banks in the U.S., Hong Kong, Singapore, and others, have tightened their customer due diligence process.
Banks may not allow you to open an account if they see that your business activities are not legitimate, transparent, involves suspicious persons (i.e politicians ), etc.
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Global Link Asia Consulting is ready to help
Let Global Link Asia Consulting help you open a Singapore bank account to create business breakthroughs.
More than 700 business owners have chosen Global Link Asia Consulting to establish companies and make breakthroughs in the international market through Singaporean bank accounts. Contact our consulting experts now for the best support.
Office address
470 North Bridge Road, #05-12, Bugis Cube, Singapore (188735).
Unit 2302, 23/F, New World Tower 1, 18 Queen's Road Central, Hong Kong.
12th, Felix Alley Building, 151/1-2 Nguyen Van Troi, Phu Nhuan District, Ho Chi Minh City, Vietnam.
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