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Banks in Singapore

Banks in Singapore offer full banking services to meet the demands of the customers. Other than the local banks there are ample of international banks providing efficient services for the people to make the best use of the banking facilities. Currently there are 111 commercial banks, 49 merchant banks, and 45 banks have main offices in Singapore


Types of bank account in Singapore
The main types of accounts used for everyday banking and savings in Singapore:

Current accounts – It is used for everyday banking. It is require a minimum balance be maintained. Interest rates paid on current accounts are mainly low

Savings accounts – Basically saving accounts pay a higher rate of interest than current accounts. Savings accounts require a minimum balance to be maintained

Fixed-deposit accounts – This account is used for long-term saving, with interest rates offered typically higher than either current or savings accounts.

How to Open a Bank Account in Singapore

Find the bank in which you want to open an account. It may be best to open account with international banks. Some of the more common international banks include Bank of America, HSBCand Citibank. Mainly banking hours are from 9:30 a.m. to 3 p.m. Monday through Friday, and 9:30 a.m. to 11:30 a.m. Saturday.

A passport will be required at any bank you choose to open account with.

Employer's letter : Banks will not open an account only if you are a resident or have an employment visa. The employer's letter or a verification of residence is required .

Show your statement from a stateside bank. This is not always mandatory, but some banks do require a statement from a bank from your home country.

What is require to open a bank account in Singapore

1.A verified copy of your passport
2.A copy of your residence prof
3.A recent phone bill
4.A letter of reference from your current employer

Best banks in singapore

DBS bank singapore


DBS bank singapore is ranked as the largest bank in Singapore in terms of assets. It is holding the top most positions in consumer banking, management of assets, securities brokerage, treasury and markets, equity and debt fund raising. The bank aims at serving customers based at 15 markets as a specialized bank working in Asia. 

Standard Chartered bank Singapore


Standard Chartered is among the top 10 banks of singapore , it is known for its services.Bank provide services such as Personal Loans, Insurance, Credit Cards , Platinum Card , Investment , Online Banking , Mobile Banking , SME Banking etc. It is a universal bank and has branch in all over the world and around 90% of the earnings come from Asia, Africa, and the Middle East.

HSBC Singapore 


It is one of the leading international banks in Singapore and has the reputation of providing high-standard and reliable service to all its customers. The international private banking division of the HSBC group is the HSBC private bank. The high net worth customers and their families are provided with private banking and trustee services.

OCBC bank Singapore

 OCBC bank in Singapore was formed in the year 1932. Three banks merged to form OCBC bank-the Chinese Commercial Bank Limited, the Ho Hong Bank Limited and the Oversea-Chinese Bank Limited. The banks aim at solving the financial needs of the customers for both personal and business purposes. OCBC today has an asset of $110 billion and operations are conducted in fourteen different countries and territories. OCBC is one of the leading financial services groups in Singapore. 

Citibank Singapore

Citibank is a overseas bank,its main aim is to provide best information to the customer.Bank is known for its services , online services of banks are outstanding, if you have any query you can get answers in just a few minutes from their portal and call centers.Bank provide services such as credit card, loan at cheap interest, investment and insurance etc.

Banks website: http://www.citibank.com.sg/

Barclays Bank Singapore

Barclays Bank provide its services in Singapore since 1973.It offering corporate, government, institutional and individual clients investment banking, asset management and wealth management services.They also has a technology centre in Singapore.


UOB singapore

It is one of the leading banks in Singapore founded on 6th August 1935. The full banking services provided by the bank are mainly concerned with the betterment of the customers.

Bank website: http://www.uob.com.sg/personal/index.html

Banks Timing

These are usually from 9.30am to 3pm on weekdays, and 9.30am to 11.30am on Saturdays. So if have some work in Banks please go in time.


List of banks in singapore



Singapore Banks Address Telephone No. and Fax No. Website
Absa Bank Limited
7 Temasek Boulevard #16-01
Suntec Tower One
Singapore 038987
T : 6333-1033 (General)
64309308 (Dealers)
F : 6333-1066
E : Not Mentioned
American Express Bank Ltd
Crawford Post Office
P.O. Box 852
Singapore 911912
T :1800 299 1997(Local use)
W : www.americanexpress.com/sg/
Australia & New Zealand
Equity Plaza,
Level 23, 20 Cecil Street,
Singapore 049705
T : 6226 8899(General)
W : www.anz.com/singapore/
Bangkok Bank Public Company Limited
180 Cecil Street
Bangkok Bank Building
Singapore 069546
T : 64100400 (General)
62218507/8 (Dealers)
F : 62255852
W : http://www.bangkokbank.com/Bangkok%20Bank/About%20Bangkok%20Bank/About%20Us/International%20Branches/Pages/Branch%20in%20Singapore.aspx
Bank Of America, National Association
9 Raffles Place
Republic Plaza Tower 1
Singapore 048619
Tel: 62393888 (General)
62393201 (Dealers)
Fax : 62393068
Website : www.bankofamerica.com
Bank Of China
4 Battery Road
Bank of China Building
Singapore 049908
Tel : 65352411 (General)
65352933 (Dealers)
Fax : 65343401
Website : www.bankofchina.com/sg/
Bank Of India
138 Robinson Road
Hong Leong Centre
Singapore 068906
Tel : 62220011 (General)
63204699 (Dealers)
Fax : 62254407
Website : www.boi.com.sg/
Bank Of Singapore Ltd
63 Market Street
#22-00 Bank of Singapore Centre
Singapore 048942
Tel : +65 6559 8000 (General)
Website : www.bankofsingapore.com
Barclays Bank
Level 28
One Raffles Quay,South Tower
Singapore 048583
Tel : 6 308 3000 (General)
Fax : 6 308 3139
Website : www.barcap.com
Bayerische Landesbank
37-01 THE CONCOURSE,
300 Beach Road,
Singapore 199555
Tel : 62933822 (General)
62933822 (Dealers)
Fax : 62932151
Website : www.bayernlb.de
Bnp Paribas
20 Collyer Quay
Tung Centre
Singapore 049319
Tel : 62101288 (General)
Fax : 62243459
Website : www.bnpparibas.com.sg
Citibank Na
3 Tel emasek Avenue
Centennial Tel ower
Singapore 039190
Tel : 622 55221 (General)
Fax : 63285880
Website : www.citibank.com.sg
Commerzbank Aktiengesellschaft
8 Shenton Way Singapore 068811
Tel : 6223 4855 (General)
Website : www.commerzbank.com.sg
Credit Suisse
1 Raffles Link
Singapore 048583
Tel : 6212 6000 (General)
Fax : 6212 6200
Website : www.credit-suisse.com/sg
Dbs Bank Ltd
701B Ang Mo Kio Avenue 3
Little Jerry's Cookies - Ang Mo Kio Hub,
Singapore 569933
Tel : 6222 2200 (General)
Website : www.dbs.com/sg
Deutsche Bank Ag
One Raffles Quay
South Tower Level 17
Singapore 048583
Tel : +65 6423 8001 (General)
Fax : +65 6225 9442 (General)
Website : www.db.com/singapore
Dresdner Bank Ag
Tung Centre #22-00,
20 Collyer Quay (S)049319
Singapore 049319
Tel : 6222 8080 (General)
Website : www.dresdner-bank.ch/
Habib Bank Ltd
#01-03, #02-00,#07-03,
3 Phillip St, Singapore 048693
Tel : 64380055 (General)
64282815 (Dealers)
Fax : 64380644
Hl Bank
20 Collyer Quay
01-02Tel ung Centre
Singapore 049319
Tel : 63498338 (General)
65339530 (Dealers)
Fax : 65339340
Website : www.hlb.com.my/sg/hlsg.jsp
HSBC Private Bank (Suisse) Sa
21 Collyer Quay
HSBC Building
Singapore 049320
Tel : 6224 8080 (General)
6224 8988 (Dealers)
Fax : 6223 7146
Indian Bank
3 Raffles Place
Bharat Building
Singapore 048617
Tel : 65343511 (General)
65354566 (Dealers)
Fax : 65331651
Website : www.indianbank-singapore.com
Indian Overseas Bank
64 Cecil Street
IOB Building
Singapore 049711
Tel : 62251100 (General)
62214106 (Dealers)
Fax : 62244490
Website : www.iobsingapore.com/
Industrial And Commercial Bank Of China
6 Raffles Quay
John Hancock Tel ower
Singapore 048580
Tel : 6538 2780(General)
Fax : 65381370
Website : www.icbc.com.sg/Edefault.htm
Jpmorgan Chase Bank
168 Robinson Road
Capital Tel ower
Singapore 068912
Tel : 68822888 (General)
62917989 (Dealers)
Fax : 68821756
Website : www.jpmorgan.com/pages/jpmorgan/ap/sg/home
Kbc Bank N.V.
30 Cecil Street
Prudential Tel ower
Singapore 049712
Tel : 63952828 (General)
65332866 (Dealers)
Fax : 63952929 (General)
65332866 (Dealers)
Website : www.kbc.be
Korea Exchange Bank
30 Cecil Street #24-03/08
Prudential Tel ower
Singapore 049712
Tel : 65361633 (General)
Fax : 65382522
Website : www.keb.co.kr/english/
Landesbank Baden-Websiteurttemberg
25 International Business Park
#01-72 German Centre
Singapore 609916
Tel : 65627722 (General)
65629257 (Dealers)
Fax : 65627729
Website : www.lbbw-international.com/singapore/index-en.html
Malayan Banking Bhd
2 Battery Road
Maybank Tel ower
Singapore 049907
Tel : 65352266 (General)
65352288 (Dealers)
Fax : 65327909
Website : www.maybank2u.com.sg
Mizuho Corporate Bank, Ltd
168 Robinson Road
Capital Tel ower
Singapore 068912
Tel : 64230330 (General)
Fax : 64230012
Website : www.mizuhocbk.co.jp/english/
Moscow Narodny Bank Ltd
50 Robinson Road
MNB Building
Singapore 068882
Tel : 62209422 (General)
62207656 (Dealers)
Fax : 62250140
Website : www.mosnar.com
National Australia Bank Ltd
5 Tel emasek Boulevard
Suntec Tel ower Faxive
Singapore 038985
Tel : 64196800 (General)
63380019 (Dealers)
Fax : 63380039
Website : www.nabasia.com/singapore
National Bank Of Kuwait Sak
9 Raffles Place
Singapore 048619
Tel : 6222 5348 (General)
62256377 (Dealers)
Fax : 62245438
Website : www.nbk.com
Norddeutsche Landesbank Girozentrale
6 Shenton Websiteay
DBS Building Tel ower Tel wo
Singapore 068809
Tel : 63231223 (General)
63234414 (Dealers)
Fax : 63230223
Website : www.nordlb.de
Oversea-Chinese Banking Corpn Ltd
65 Chulia Street
OCBC Centre
Singapore 049513
Tel : 65357222 (General)
65301333 (Dealers)
Fax : 65337955
Website : www.ocbc.com
Rabobank
77 Robinson Road
SIA Building
Singapore 068896
Tel : 65363363 (General)
65363368 (Dealers)
Fax : 65363236
Website : www.rabobank.com
Rhb Bank Berhad
90 Cecil Street
Singapore 069531
Tel : 62253111 (General)
62246097 (Dealers)
Fax : 62273805
Website : www.rhbbank.com.my
Sanpaolo Imi S.P.A.
6 Tel emasek Boulevard
Suntec Tel ower Faxour
Singapore 038986
Tel : 63338270 (General)
63338230 (Dealers)
Fax : 63338252
Website : www.sanpaolo.it
Societe Generale
80 Robinson Road
Singapore 068898
Tel : 62227122 (General)
62222866 (Dealers)
Fax : 62252609
Website : www.sg-ib.com
Southern Bank Berhad
39 Robinson Road
Robinson Point
Singapore 068911
Tel : 65321318 (General)
62392261/2 (Dealers)
Fax : 65355366
Website : www.sbb.com.my
Standard Chartered Bank
6 Battery Road
Singapore 049909
Tel : 62258888/1800 747 7000 (General)
62232275 (Dealers)
Fax : 67893756
Website : www.standardchartered.com.sg/
State Street Bank And Tel rust Company
8 Shenton Websiteay
Tel emasek Tel ower
Singapore 068811
Tel : 63299600 (General)
Fax : 62259377
Website : www.statestreet.com/index.html
Sumitomo Mitsui Banking Corporation
3 Temasek Avenue
Centennial Tel ower
Singapore 039190
Tel : 68820000 (General)
68820427 (Dealers)
Fax : 68870220 (General)
62350929 (Dealers)
Website : www.smbc.co.jp/global
The Bank Of East Asia Ltd
137 Market Street
Bank of East Asia Building
Singapore 048943
Tel : 62241334 (General)
62241337 (Dealers)
Fax : 62251805
Website : www.hkbea.com
The Bank Of Nova Scotia
1 Raffles Quay
Singapore 049315
Tel : 6305 8388 (General)
65322766 (Dealers)
Fax : 65322440 (General)
64385314 (Credit & Marketing)
Website : www.scotiabank.com
The Bank Of Tokyo-Mitsubishi, Ltd
9 Raffles Place
Republic Plaza
Singapore 048619
Tel : 65383388 (General)
65323038 (Dealers)
Fax : 65388083
Website : www.btm.co.jp/english/index.htm
The Hongkong And Shanghai Banking
Corporation Limited
21 Collyer Quay
HSBC Building
Singapore 049320
Tel : 6472 2669(General)
65385517 (Dealers)
Fax : 62250663
Website : www.hsbc.com.sg
The Northern Trust Company
80 Raffles Place 46th Faxloor
UOB Plaza 1
Singapore 048624
Tel : 64376666 (General)
64384588 (Dealers)
Fax : 64376609
Website : www.ntrs.com
The Royal Bank Of Scotland Plc
One George Street #10-00,
1 George Street (S)049145
Tel : 6416 8600 (General)
Fax : 62259827
Website : www.rbs.co.uk/dbpc
Ubs Ag
5 Temasek Boulevard
Suntec Tel ower Faxive
Singapore 038985
Tel : 6495 8000(General)
64318370 (Dealers)
Fax : 64318188
Website : www.ubs.com
Uco Bank
3 Raffles Place
Bharat Building
Singapore 048617
Tel : 65325944 (General)
65324890 (Dealers)
Fax : 65325044
Website : www.ucobank.com
Ufj Bank Limited
#24/25-01,
6 Raffles Quay,
Singapore 048580
Tel :65357918 (General)
65356318 (Dealers)
Fax : 65384636
65325453
Website : www.ufjbank.co.jp
Unicredito Italiano S.P.A.
80 Raffles Place
UOB Plaza 1
Singapore 048624
Tel : 62325728 (General)
65323055 (Dealers)
Fax : 65344300
United Overseas Bank Ltd
80 Raffles Place
UOB Plaza
Singapore 048624
Tel : 65339898 (General)/ 1800 226 6121
65351243 (Dealers)
Fax : 65342334
Website : www.uobgroup.com

last updated on 12th Nov 2011

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