We use cookies to give you the best possible experience on our website. For your day-to-day transactions. A convenient way to pay and transact in USD. We give you the lowdown on how fixed deposits work, and round up the best fixed deposit offers in the market right now. Manage your regular transactions in a single account. Free USD cheque books . HSBC Current Account takes the hassle out of managing your daily finances and paying bills. Customers can enjoy combined cash deposit limits across all branches in the country. The best current account is different for each person, as it depends on your spending habits and level of savings. Close button. Maybank offers two promotions: you can either make deposits through iSavvy (online) or a current savings account. Questions about how the coronavirus is affecting your finances or our services? EZEE Current Account. Opening a Singaporean Bank Account as a foreigner at OCBC. Personal account for savings and investment. eMySavings Account. Both offer different yet some of the best fixed deposit rates in Singapore, so make sure to take your time in comparing the options. The accounts are listed in alphabetical order to ensure neutrality. Reading Time: 3 minutes. If you want a bank account that rewards you with cashback on your debit card spending, the SuperSalary account should suit your needs, provided that you use the bank account to credit your salary. Best Bank Account In Singapore With No Fall-Below Fee. Enjoy competitive rates with CIMB Current Accounts - our combined checking and savings facilitiy available in both SGD and foreign currency. Customers must be at least 21 years old. OCBC asks that foreigners bring either a EP/S-Pass employment pass/work permit or student pass and passport to one of their local branches to initiate opening an account. Switching current accounts has never been simpler, and many providers offer lucrative incentives for moving your account to them. With the right combination of factors (ie. Bank & Earn. If you want more from your bank, take a look at our table showing the best current accounts for cashback and other rewards. An everyday account for your business needs. Change country: Welcome to Standard Chartered Singapore . Savings accounts offer a great, low-risk way to earn more with your money. However, the more important task is to choose which particular bank to open an account with. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. How to apply. Multiple Ways To Transact. Online banking and mobile banking . Last updated: Nov 2020. Current Accounts. With the iSAVvy, you can earn 1.40% p.a with at least S$25,000 in 1 year. After closely analysing the Singaporean market, we've identified and explained the best savings accounts in straightforward terms (outlining minimum balance requirements, rate contingencies, fall-below fees & more), so that you can find the option best suited to your needs. If you have opened an account in semi-urban and rural branches, then you can avail discounts on the average quarterly balance requirements. Multicurrency Current Account ... on the account. However, some accounts can be quite complex. Features & Benefits. Then we suggest that you try the best savings accounts in Singapore. POSB Cashback Bonus. Keep in mind that many banks’ international services are aimed at high net worth individuals, so they may not be the right choice for you. Opening a corporate bank account in Singapore is a relatively simple and straight-forward procedure. Eligible Applicants. Apart from its strict laws and multicultural society, Singapore is well known for its established and diverse financial sector. Enjoy a DIY Baking Kit when you open My Account. For Expats. Singapore companies have plenty of options when it comes to opening a corporate bank account. Important Notice: From 1 August 2020 to 31 March 2021, enjoy up to 50 free single and bulk FAST/PayNow FAST transactions per month via UOB Infinity / BIBPlus. This account is best suited for those who traders who operate across various cities. Compare Bank Accounts. Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. > Savings Account Interest Calculator. (Due to the low interest rate environment, the rates of fixed deposit have also been lowered in recent months) Why FD? Learn more. Singapore’s banking facilities are some of the best in the world and as a result, the country offers a broad range of financial services. There's no minimum pay-in required to get the interest, so it's good if you've low or unstable income. Back button You're in Singapore Segments. In order to find the best savings account, we looked at a typical working adult in Singapore and assumed that he or she:. Most of the banks in Singapore offer attractive features such as multi-currency accounts, internet banking, credit cards, trade financing, freedom to move funds across countries, and more. Even though it is not much, it is vital that you choose one that gives you high interest. Best bank accounts for arranged overdrafts. Application Requirements. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement … Free USD Cheque Book. Enjoy unlimited free … DBS Expat Programme. There’s nothing stopping you from jumping ship to a better savings account — and praying that the new one’s interest rates stay unscathed for a while. Believe more . Who can apply. Learn more. Best Savings Accounts in Singapore With the Highest Interest Rates 2020. Choose from a variety of accounts, each tailored to your needs. Why you will love this; Who can apply; Why you will love this. best saving account Singapore, best bank savings account Singapore, savings account high interest rate Singapore, investing 101, personal finance, singapore banks, UOB, DBS, Citibank, CIMB Bank, Standard Chartered, Oversea-China Banking Corp (OCBC), OCBC, how to retire early, good savings account, good savings account singapore, savings account interest rate singapore, Bank of Starting with their first bank account. Manage. Overview; Features; Requirements/Fees; Apply Now; Overview. There are currently 117 commercial banks in Singapore, but only 27 are offering retail banking services. Learn more. We have highlighted what we consider to be the best expat bank accounts below as a guide for the banks you may wish to consider if you need to open a bank account as an expat. Low initial deposit of S$1000. ² This waiver does not include any fees which may be levied by other banks in Singapore or overseas for accessing their ATM networks. Multiple ways to transact. By comparing accounts with Compare the Market, we hope that you can find the right fit for you. Learn how to open bank account in Singapore for foreigners, expatriates and non-residents. Transact conveniently with a cheque book. Visit website > HSBC Expat Premier Account . Learn more. We're here to help. Minium requirement. Apply online for a global bank account in Singapore without visiting Singapore. So it’s best to keep a sensible amount of cash in your savings account still. My account spending and cash withdrawals overseas, so it ’ S best to keep a sensible amount of in. 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