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About Us

Services

Company Formation

End-to-end legal entity setup, ensuring full international compliance

Nominee Director

Provision of reliable nominee directors, meeting all local legal requirements

Corporate Secretary

Comprehensive corporate secretarial support, ensuring ongoing legal compliance

Registered Address

Professional registered office addresses, fully compliant across jurisdictions

Bank Account Opening Support

Secure and efficient corporate bank account opening support

Visa

Full visa and work pass assistance for your international staff and management team

Accounting & Bookkeeping

Transparent and accurate accounting and bookkeeping services, ensuring regulatory compliance

Start Your Business

Pricing

Partnership

Resources

Business Guides

English

Home

About Us

Company Formation

Nominee Director

Corporate Secretary

Registered Address

Bank Account Opening Support

Visa

Accounting & Bookkeeping

Pricing

Partnership

Business Guides

English

Bank Account Opening Support Service

Connecting businesses to the global financial system through a trusted network of reputable international banks, ensuring fast approval processes and optimal success rates.

Bank Account Opening Support

International Bank Accounts: Connecting Finance, Enabling Global Trade

Koobiz acts as a strategic bridge between businesses and leading financial institutions, enabling you to secure multi-currency bank accounts through a streamlined and optimized due diligence process.

Koobiz - The Perfect Choice

We don’t just submit applications; Koobiz is your “financial bridge” to conquer the most stringent banking institutions.

High Approval Rates

With extensive experience across thousands of cases, Koobiz helps decode each bank’s requirements, refine business profiles, and prepare interview scenarios to maximize approval success.

Global Banking Network

Through strategic relationships with reputable banks in Singapore, Hong Kong, and the EU, Koobiz enables direct access to leading financial institutions without unnecessary intermediaries.

Multi-Currency Cash Flow

Koobiz supports the setup of multi-currency account structures, enabling efficient international payments and collections with optimized costs, removing cross-border financial barriers.

Tailored Financial Solutions

Koobiz recommends banks with criteria and policies aligned to each business model, optimizing approval success and payment operations.

Seamless Financial Connectivity Process

Standardizing the roadmap from due diligence to activation for rapid access to international capital.

Profiling & Bank Selection

Koobiz reviewing your business model and projected cash flow to shortlist the most suitable banks.

Business Profile Optimization

Optimizing your Business Profile and KYC documents in line with bank requirements.

Bank Liaison & Interview Coaching

Koobiz provides direct liaison with banks and professional coaching for compliance interviews.

Account Activation & Handover

Koobiz closely follows the approval process, facilitates account activation, and guides clients on compliant account operations.

Business Profile Optimization

Optimizing your Business Profile and KYC documents in line with bank requirements.

Account Activation & Handover

Koobiz closely follows the approval process, facilitates account activation, and guides clients on compliant account operations.

Profiling & Bank Selection

Koobiz reviewing your business model and projected cash flow to shortlist the most suitable banks.

Bank Liaison & Interview Coaching

Koobiz provides direct liaison with banks and professional coaching for compliance interviews.

Banks List

Koobiz helps businesses connect with both traditional banks and digital banks in Singapore, enabling them to choose the most suitable solution for their operating model.

Airwallex

A digital financial platform for modern businesses, combining cash flow management, expense control, and fast international payments.

Initial Deposit

Not required

Processing Time

1-5 business days

S&M Business Banking Website

Airwallex - Business Account

Account Options & Pricing

Airwallex - Pricing

Remote Process

Yes

Remarks

Strong capabilities in global collections and competitive foreign exchange (FX) rates; seamless integration with platforms such as Shopify, eBay, and Amazon.

IN Financial Technologies Pte Ltd (INFT)

A specialized digital financial ecosystem for SMEs in Singapore, offering expense management solutions, corporate cards, and flexible business financing.

Initial Deposit

Not required

Processing Time

1-2 weeks

S&M Business Banking Website

IN Financial Technologies - Business Account

Account Options & Pricing

IN Financial Technologies - Pricing

Remote Process

Yes

Remarks

Strong support for SME financing and cash flow management; a simple, user-friendly expense management interface.

Wallex

A professional foreign exchange and international payment solution that optimizes cross-border transaction costs with FX rates more competitive than traditional banks.

Initial Deposit

Not required

Processing Time

3-5 business days

S&M Business Banking Website

Wallex - Business Account

Account Options & Pricing

Wallex - Pricing

Remote Process

Yes

Remarks

Exceptional capability in high-volume multi-currency payments; supports fast payments to over 160 countries worldwide.

Wise

A global payment platform that enables businesses to hold local accounts in multiple countries and transact using the most transparent real mid-market exchange rates.

Initial Deposit

Not required

Processing Time

1-3 business days

S&M Business Banking Website

Wise - Business Account

Account Options & Pricing

Wise - Pricing

Remote Process

Yes

Remarks

Local account details in multiple countries (US, UK, EU, Australia, etc.); industry-leading transparency in fees and FX rates.

DBS Bank Limited

The largest bank in Singapore, renowned for its best-in-class financial management systems and comprehensive, highly reputable corporate banking solutions across the region.

Initial Deposit

S$1,000–3,000

Processing Time

1-3 weeks

S&M Business Banking Website

DBS - Business Account

Account Options & Pricing

DBS - Pricing

Remote Process

Yes (If eligible)

Remarks

Top-tier reputation; a powerful and robust Internet Banking platform (IDEAL); ideal for businesses seeking long-term stability and credibility.

Oversea-Chinese Banking Corporation Limited

A leading and highly reputable regional bank, well known for its strong SME-focused solutions and award-winning digital banking platforms.

Initial Deposit

S$1,000–3,000

Processing Time

3-5 weeks

S&M Business Banking Website

OCBC - Business Account

Account Options & Pricing

OCBC - Pricing

Remote Process

Yes (If eligible)

Remarks

Flexible account opening requirements; professional customer service; strong support for import–export and international trade businesses.

United Overseas Bank Limited

A leading regional bank with an extensive Southeast Asia network, offering specialized financial solutions and strong support for businesses expanding internationally.

Initial Deposit

S$1,000–3,000

Processing Time

2-4 weeks

S&M Business Banking Website

UOB - Business Account

Account Options & Pricing

UOB - Pricing

Remote Process

Yes (If eligible)

Remarks

Strong expertise in trade credit and import–export financing; highly modern and intuitive UOB Infinity digital banking platform.

Caye International Bank Limited

A reputable international bank in Central America, specializing in cross-border financial services with a strong focus on security and robust support for foreign investors.

Initial Deposit

From USD 1,000

Processing Time

1-2 weeks

S&M Business Banking Website

Caye International Bank - Business Account

Account Options & Pricing

Caye International Bank - Pricing

Remote Process

Yes

Remarks

Exceptional client confidentiality; flexible account opening procedures for a wide range of nationalities and higher-risk industries.

Prerequisites for a Successful Bank Account Opening

Covers the essential requirements for efficient business account setup.

Corporate Legal Documents

Full set of incorporation documents (Certificate of Incorporation, Memorandum & Articles of Association, Register of Directors/Members).
Certificate of Good Standing for companies that have been operating for over 12 months.

Proof of Business Operations

Contracts with suppliers or clients, invoices, corporate website, or a Business Plan.

Personal Identification (KYC)

Valid passports, proof of residential address, and CVs of Directors, Shareholders, and Ultimate Beneficial Owners (UBO).

Evidence of Financial Capability

Personal or existing corporate bank statements (typically covering the most recent 3 - 6 months) for the bank to assess transaction history and financial capacity.

Global Business Expansion Registration

Koobiz delivers comprehensive company formation solutions across key strategic jurisdictions worldwide.

Asia

Singapore

Koobiz Packages & Pricing

Country

Singapore

Currency

$ USD

Digital Bank

Fast, flexible, and fully online setup - ideal for modern, cross-border businesses seeking quick approval and convenience

$ 500

This service includes:

1. Digital Bank Account Support

Guidance on opening accounts with digital banks: IN Financial Technologies, Aspire, Wallex

Advisory on selecting the most suitable solution for your business type (e-commerce, services, trading)

Assistance in preparing online documentation to increase approval success rates

2. Compliance & Documentation

Review and verification of all legal documents (Company Incorporation, Nominee Director, Corporate Secretary, Registered Business Address)

Ensure documentation meets the requirements of MAS (Monetary Authority of Singapore) and banks

Advisory on proving source of funds and wealth (Proof of Funds, Source of Wealth)

Traditional Bank

Secure and reputable banking solution - suitable for established companies handling large transactions or requiring in-person verification

$ 750

This service includes:

1. Traditional Bank Account Support

Guidance and preparation of documents for banks in Singapore: DBS, OCBC, UOB, HSBC

Advisory on the KYC interview process with banks

Arrangement of appointments & support with bank communication (when necessary)

2. Compliance & Documentation

Review and verification of all legal documents (Company Formation, Nominee Director, Corporate Secretary, Registered Address)

Ensure documentation meets the requirements of MAS (Monetary Authority of Singapore) and banks

Advisory on proving source of funds and wealth (Proof of Funds, Source of Wealth)

Start Your Consultation with Koobiz

Our experts are ready to guide you through the entire international bank account opening process.

FAQs

With an extensive partner network, Koobiz prioritizes connecting you to banks that allow remote account opening via electronic identification (eKYC) or video call interviews. This saves you time and travel costs while still enabling you to hold a bank account in major financial centers.

Besides the company's legal documents, banks usually request: the company website, contracts with partners or suppliers, the most recent transaction invoices, and the owner's CV. Koobiz will guide you on presenting these documents logically and professionally to demonstrate transparency of your cash flow.

Yes. Koobiz doesn't stop at successfully opening your account. We provide guidance on secure account operations and advise on compliance requirements for cash flow to ensure your business account remains stable and avoids unexpected freezes or restrictions.

Resources

104

Maximizing Singapore Tax Refund: Corporate Income Tax (CIT) & GST Guide for Entrepreneurs

11 min read...

Calculating EBITDA Meaning & Formula: Guide to Core Profitability for Investors

11 min read...

219

Understanding Non-Profit Organisations in Singapore: A Guide to Charities & NGOs

8 min read...

244

Avoid Penalties: Singapore Corporate Tax Deadline 2026 & ECI Guide

7 min read...

108

How to File Income Tax for Self-Employed Singapore: A Guide to Form B & Deductions for Freelancers (YA 2026)

12 min read...

118

Can Dependent Pass Holders Work in Singapore? Rules, Requirements & LOC Guide

11 min read...

Talk to an Expert

Contact a Koobiz specialist to receive in-depth advice and step-by-step support for your business.

Bank Account Opening Support Service

Connecting businesses to the global financial system through a trusted network of reputable international banks, ensuring fast approval processes and optimal success rates.

Bank Account Opening Support

International Bank Accounts: Connecting Finance, Enabling Global Trade

Koobiz acts as a strategic bridge between businesses and leading financial institutions, enabling you to secure multi-currency bank accounts through a streamlined and optimized due diligence process.

Koobiz - The Perfect Choice

We don’t just submit applications; Koobiz is your “financial bridge” to conquer the most stringent banking institutions.

High Approval Rates

With extensive experience across thousands of cases, Koobiz helps decode each bank’s requirements, refine business profiles, and prepare interview scenarios to maximize approval success.

Global Banking Network

Through strategic relationships with reputable banks in Singapore, Hong Kong, and the EU, Koobiz enables direct access to leading financial institutions without unnecessary intermediaries.

Multi-Currency Cash Flow

Koobiz supports the setup of multi-currency account structures, enabling efficient international payments and collections with optimized costs, removing cross-border financial barriers.

Tailored Financial Solutions

Koobiz recommends banks with criteria and policies aligned to each business model, optimizing approval success and payment operations.

Seamless Financial Connectivity Process

Standardizing the roadmap from due diligence to activation for rapid access to international capital.

Profiling & Bank Selection

Koobiz reviewing your business model and projected cash flow to shortlist the most suitable banks.

Business Profile Optimization

Optimizing your Business Profile and KYC documents in line with bank requirements.

Bank Liaison & Interview Coaching

Koobiz provides direct liaison with banks and professional coaching for compliance interviews.

Account Activation & Handover

Koobiz closely follows the approval process, facilitates account activation, and guides clients on compliant account operations.

Business Profile Optimization

Optimizing your Business Profile and KYC documents in line with bank requirements.

Account Activation & Handover

Koobiz closely follows the approval process, facilitates account activation, and guides clients on compliant account operations.

Profiling & Bank Selection

Koobiz reviewing your business model and projected cash flow to shortlist the most suitable banks.

Bank Liaison & Interview Coaching

Koobiz provides direct liaison with banks and professional coaching for compliance interviews.

Banks List

Koobiz helps businesses connect with both traditional banks and digital banks in Singapore, enabling them to choose the most suitable solution for their operating model.

Airwallex

A digital financial platform for modern businesses, combining cash flow management, expense control, and fast international payments.

Initial Deposit

Not required

Processing Time

1-5 business days

S&M Business Banking Website

Airwallex - Business Account

Account Options & Pricing

Airwallex - Pricing

Remote Process

Yes

Remarks

Strong capabilities in global collections and competitive foreign exchange (FX) rates; seamless integration with platforms such as Shopify, eBay, and Amazon.

IN Financial Technologies Pte Ltd (INFT)

A specialized digital financial ecosystem for SMEs in Singapore, offering expense management solutions, corporate cards, and flexible business financing.

Initial Deposit

Not required

Processing Time

1-2 weeks

S&M Business Banking Website

IN Financial Technologies - Business Account

Account Options & Pricing

IN Financial Technologies - Pricing

Remote Process

Yes

Remarks

Strong support for SME financing and cash flow management; a simple, user-friendly expense management interface.

Wallex

A professional foreign exchange and international payment solution that optimizes cross-border transaction costs with FX rates more competitive than traditional banks.

Initial Deposit

Not required

Processing Time

3-5 business days

S&M Business Banking Website

Wallex - Business Account

Account Options & Pricing

Wallex - Pricing

Remote Process

Yes

Remarks

Exceptional capability in high-volume multi-currency payments; supports fast payments to over 160 countries worldwide.

Wise

A global payment platform that enables businesses to hold local accounts in multiple countries and transact using the most transparent real mid-market exchange rates.

Initial Deposit

Not required

Processing Time

1-3 business days

S&M Business Banking Website

Wise - Business Account

Account Options & Pricing

Wise - Pricing

Remote Process

Yes

Remarks

Local account details in multiple countries (US, UK, EU, Australia, etc.); industry-leading transparency in fees and FX rates.

DBS Bank Limited

The largest bank in Singapore, renowned for its best-in-class financial management systems and comprehensive, highly reputable corporate banking solutions across the region.

Initial Deposit

S$1,000–3,000

Processing Time

1-3 weeks

S&M Business Banking Website

DBS - Business Account

Account Options & Pricing

DBS - Pricing

Remote Process

Yes (If eligible)

Remarks

Top-tier reputation; a powerful and robust Internet Banking platform (IDEAL); ideal for businesses seeking long-term stability and credibility.

Oversea-Chinese Banking Corporation Limited

A leading and highly reputable regional bank, well known for its strong SME-focused solutions and award-winning digital banking platforms.

Initial Deposit

S$1,000–3,000

Processing Time

3-5 weeks

S&M Business Banking Website

OCBC - Business Account

Account Options & Pricing

OCBC - Pricing

Remote Process

Yes (If eligible)

Remarks

Flexible account opening requirements; professional customer service; strong support for import–export and international trade businesses.

United Overseas Bank Limited

A leading regional bank with an extensive Southeast Asia network, offering specialized financial solutions and strong support for businesses expanding internationally.

Initial Deposit

S$1,000–3,000

Processing Time

2-4 weeks

S&M Business Banking Website

UOB - Business Account

Account Options & Pricing

UOB - Pricing

Remote Process

Yes (If eligible)

Remarks

Strong expertise in trade credit and import–export financing; highly modern and intuitive UOB Infinity digital banking platform.

Caye International Bank Limited

A reputable international bank in Central America, specializing in cross-border financial services with a strong focus on security and robust support for foreign investors.

Initial Deposit

From USD 1,000

Processing Time

1-2 weeks

S&M Business Banking Website

Caye International Bank - Business Account

Account Options & Pricing

Caye International Bank - Pricing

Remote Process

Yes

Remarks

Exceptional client confidentiality; flexible account opening procedures for a wide range of nationalities and higher-risk industries.

Prerequisites for a Successful Bank Account Opening

Covers the essential requirements for efficient business account setup.

Corporate Legal Documents

Full set of incorporation documents (Certificate of Incorporation, Memorandum & Articles of Association, Register of Directors/Members).
Certificate of Good Standing for companies that have been operating for over 12 months.

Proof of Business Operations

Contracts with suppliers or clients, invoices, corporate website, or a Business Plan.

Personal Identification (KYC)

Valid passports, proof of residential address, and CVs of Directors, Shareholders, and Ultimate Beneficial Owners (UBO).

Evidence of Financial Capability

Personal or existing corporate bank statements (typically covering the most recent 3 - 6 months) for the bank to assess transaction history and financial capacity.

Global Business Expansion Registration

Koobiz delivers comprehensive company formation solutions across key strategic jurisdictions worldwide.

Asia

Singapore

Koobiz Packages & Pricing

Country

Singapore

Currency

$ USD

Digital Bank

Fast, flexible, and fully online setup - ideal for modern, cross-border businesses seeking quick approval and convenience

$ 500

This service includes:

1. Digital Bank Account Support

Guidance on opening accounts with digital banks: IN Financial Technologies, Aspire, Wallex

Advisory on selecting the most suitable solution for your business type (e-commerce, services, trading)

Assistance in preparing online documentation to increase approval success rates

2. Compliance & Documentation

Review and verification of all legal documents (Company Incorporation, Nominee Director, Corporate Secretary, Registered Business Address)

Ensure documentation meets the requirements of MAS (Monetary Authority of Singapore) and banks

Advisory on proving source of funds and wealth (Proof of Funds, Source of Wealth)

Traditional Bank

Secure and reputable banking solution - suitable for established companies handling large transactions or requiring in-person verification

$ 750

This service includes:

1. Traditional Bank Account Support

Guidance and preparation of documents for banks in Singapore: DBS, OCBC, UOB, HSBC

Advisory on the KYC interview process with banks

Arrangement of appointments & support with bank communication (when necessary)

2. Compliance & Documentation

Review and verification of all legal documents (Company Formation, Nominee Director, Corporate Secretary, Registered Address)

Ensure documentation meets the requirements of MAS (Monetary Authority of Singapore) and banks

Advisory on proving source of funds and wealth (Proof of Funds, Source of Wealth)

Start Your Consultation with Koobiz

Our experts are ready to guide you through the entire international bank account opening process.

FAQs

Resources

104

Maximizing Singapore Tax Refund: Corporate Income Tax (CIT) & GST Guide for Entrepreneurs

11 min read...

Calculating EBITDA Meaning & Formula: Guide to Core Profitability for Investors

11 min read...

219

Understanding Non-Profit Organisations in Singapore: A Guide to Charities & NGOs

8 min read...

244

Avoid Penalties: Singapore Corporate Tax Deadline 2026 & ECI Guide

7 min read...

108

How to File Income Tax for Self-Employed Singapore: A Guide to Form B & Deductions for Freelancers (YA 2026)

12 min read...

118

Can Dependent Pass Holders Work in Singapore? Rules, Requirements & LOC Guide

11 min read...

Talk to an Expert

Contact a Koobiz specialist to receive in-depth advice and step-by-step support for your business.