What are the best Singapore banks for a bank account for UAE company/resident?

[FreedomSearcher]

Question in title.

 

[Fred]

No SG Bank considers UAE Company nowadays on walk-in.

You get exceptional approvals with strong Nexus to either SG or the SG Bank - for example when you are an existing client for years or invested in wealth management products.

But then again only aware of OCBC - having seen clients using OCBC Personal for decades and living in Asia or using wealth management products of Bank of Singapore - getting for a FZCO a Business Bank Account done after 6 months compliance.

 

[Sols]

Not a single one, unless you have strong economic ties to Singapore or the nearby region, in which case they will need an explanation why you didn't form a Singaporean company instead.

If you can show a few million SGD in deposit, some banks might offer you private banking. But that's not exactly designed for day to day corporate banking.

 

[troubled soul]

why you didn't form a Singaporean company instead.

Wise word. Company and Bank account in same country will be best advice now day. Company in one country and Bank account in another is not good idea. Too much headache.