The following are public client materials compiled from channels in 2026-10, not the latest uniform bank policies. Specific eligibility, fees, timeframes, and limits must be reviewed in writing before an appointment; complete materials do not equate to bank approval.
01 Account Opening Requirements and Mandatory Documents
1. Singapore company documents: Certificate of Incorporation, Business Profile, Articles of Association
2. Background company information
(1) Business licence of an affiliated Mainland China company established for at least 2 years (please provide its website, if available);
(2) Bank statements for the corporate account for the past 3 months, bearing the bank seal; Excel format is not accepted;
(3) 2 sets of procurement documents: contracts, invoices and bank payment advices;
(4) 2 sets of sales documents: contracts, invoices, bills of lading, bank payment/receipt advices, and foreign customers' websites;
3. Personal details of shareholders and directors: Passport + ID + CV + Bank account opening questionnaire
02 Account Opening Process
1) Prepare account opening review materials and submit to the bank;
2) Normal bank review time is approximately 1 week;
3) Schedule video witnessing appointment after approval;
4) After video call, company documents + ID documents to be signed by CPA and sent to OCBC Singapore;
5) Account opened approximately 3-4 weeks after the bank receives documents
03 Processing and Witnessing Methods
Video
04 Daily limit (HKD, per original channel criteria)
No limit
05 Bank Counter / Witness Levies
Singapore Company Account Opening Free of Company Search Fees
06 Received Documents and Activation
Online Banking
07 Remarks and Account Maintenance
Handling Fee:
1. Search fee for other overseas companies: 2,000 USD
2. Monthly average balance: USD 30,000 (a monthly fee of USD 250 applies if the amount is below USD 25,000)
3. Outward telegraphic transfer: 0.125%, with no upper cap
4. Inward TT: $10 SGD
Bank fees and account requirements (if any) are for channel reference as of 2026-10 only and are not uniform bank policies; subject to written notice from the bank.
Channel information compiled as of 2026-10, not a uniform bank policy; subject to written notice from the bank.
Data Source and Review
View Existing Client Version Channel DataPlease consult Drew for actual quotes; this page reuses authorized public customer-version channel materials. Bank fees and original channel values must be reviewed according to the bank's current written terms.
