Foreign Currency Account
Access our trusted international banking services with a Foreign Currency Account. Whether for importing and exporting or dealing with foreign currencies and international payments, we provide the essential support you need to build your business. Open an account as an individual, company or member of a joint account.
Features and Benefits
Eligible Currencies – USD, EURO, SGD
Multiple Currencies
Conduct transfers and payments in US Dollars, Singapore Dollars or Euros.
Withdraw and Deposit
Make up to two withdrawals per week with a $5,000 maximum for each withdrawal
International Transfers
Receive international currency transfers directly to your account
Monthly Statements
Receive detailed statements about your daily spending and account activity
Requirements
- NRC/ Passport of Authorized Persons
- Visa Page (Valid Business Visa)
- Photo (Passport Size)
- Application Letter (Company Letter Head with MD/Chairman Signature and Stamp)
- Board of Director’s Meeting Minutes & Meeting Resolution (Company Letter Head with the signatures of more than 75% of persons from DICA’s List)
- Certification of Incorporation
- Company Extract/Profile (Ex: Directors List, Officers List, Shares & Address etc)
- Import/Export License (If Import/Export Company)
- Initial Deposit above USD-100/ SGD-100/ EUR-100
USD
