remote account opening in DBS treasures singapore (by DBS Dubai rep office)

[troubled soul]

Any body interested in remote account opening in DBS treasures singapore .
It can be done by DBS Dubai rep office.
With following requirement.

These are the docs required for remote account opening (*1 ~ 4 must be certified true copies by DBS Dubai rep office):

1) Copy of Passport (Include signature pages)

2) ID Card (front and back)

3) Proof of Residential Address (i.e. Utility bill within last 3 months)

4) Proof of Mailing Address (if differs from Residential Address)

4) Tax Identification no. (TIN) card/doc

5) Fill up the attached KYC form [To provide employment details > 10 years to corroborate with the current total net worth]

The minimum Treasures Requirement is SG$350,000 and has to be funded within 1 month of account opening. If otherwise, there will be a monthly service fee of $50 imposed.

 

[fshore]

Do you know if their new crypto services are available for treasuries clients?

 

[troubled soul]

www.dbs.com/newsroom/dbs_digital_exchange

This will help

 

[CaptK]

Any body interested in remote account opening in DBS treasures singapore .
It can be done by DBS Dubai rep office.
With following requirement.

These are the docs required for remote account opening (*1 ~ 4 must be certified true copies by DBS Dubai rep office):

1) Copy of Passport (Include signature pages)

2) ID Card (front and back)

3) Proof of Residential Address (i.e. Utility bill within last 3 months)

4) Proof of Mailing Address (if differs from Residential Address)

4) Tax Identification no. (TIN) card/doc

5) Fill up the attached KYC form [To provide employment details > 10 years to corroborate with the current total net worth]

The minimum Treasures Requirement is SG$350,000 and has to be funded within 1 month of account opening. If otherwise, there will be a monthly service fee of $50 imposed.

Have you gone through the process?

I tried about 6 months back and I am still waiting.

 

[troubled soul]

It is for personal account.

Business account has problem.

Do you email or call them ?
Personal or Business account ?

 

[CaptK]

It is for personal account.

Business account has problem.

Do you email or call them ?
Personal or Business account ?

Both but I applied for personal first then they offered the business account after.

 

[troubled soul]

Personal open or not,
Or both are pending,
due to this virus

 

[CaptK]

Both pending, I have been to Dubai at least 7 times since they opened up.
I should be there on the 18th and will be chasing it up.

 

[troubled soul]

DO you have residence visa of dubai ?

 

[CaptK]

DO you have residence visa of dubai ?

yes but I don't live there.

 

[troubled soul]

yes but I don't live there.

Ok that's why... In Dubai it is very hard to work with any bank without visa. I heard many story...

 

[CaptK]

Ok that's why... In Dubai it is very hard to work with any bank without visa. I heard many story...

I have an ID card and have an apartment with al utility bills. They are just not in a rush to open accounts. To be honest the staff are not really competent, because if this was in Singapore it would have been sorted in 2 weeks.

 

[BlueMist]

I have an ID card and have an apartment with al utility bills. They are just not in a rush to open accounts. To be honest the staff are not really competent, because if this was in Singapore it would have been sorted in 2 weeks.

That's because they are focused on private banking clients here with S$5M and not S$350.000.

And if you are a formal resident in Singapore holding EP/PR you get all details same day upon account opening.

 

[CaptK]

That's because they are focused on private banking clients here with S$5M and not S$350.000.

And if you are a formal resident in Singapore holding EP/PR you get all details same day upon account opening.

I guessed as much but I'm willing to wait until someone fits me in.