2. Banks in Singapore are strictly supervised by the Monetary Authority, and the interests of customers are guaranteed. In addition, Singapore enjoys a stable political environment, a strong economy and a superior geographical position. For various reasons, Singapore is an ideal place for international banks.
3. Singapore and Chinese mainland signed a CRS agreement, but the exchange didn't land (if it didn't land and sign the contract, it wouldn't collect information from the bank and wouldn't switch back to the mainland).
4. The application is convenient and quick, and the account can be opened in 1-2 weeks.
5. To open an account in Singapore, guests can complete all account opening procedures in China without landing in Singapore.
6. The bank of Singapore requires that the initial deposit and daily deposit balance of the account be very low.
7. Open online banking in one step, and the daily account is simple and easy to use.
8. Singapore's financial industry has matured. So far, there are more than 200 banking institutions providing various financial services to meet the needs of customers. If you have a bank account in Singapore, many problems can be solved smoothly.
9. Singapore banks have relatively low initial deposit requirements for customers and do not need a lot of deposit balance, so it is easier to meet the conditions.