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What are the advantages of individual account opening in Singapore?
Advantages of opening a personal account in Singapore:

1, the required information is simple, no proof of address is needed, and the account opening speed is fast;

2. You can open an account at home without going to Singapore;

3. Funds are not subject to foreign exchange control and are free to enter and leave;

4. Online banking is easy to operate.

Information required to open a personal account in Singapore:

1, copy of ID card;

2. Copy of passport;

3. Bank statements of any domestic bank under the account holder's name in the past three months;

Requirements for daily average balance of account:

An account management fee of S $200,000 or equivalent foreign currency, less than S $50 per month, is equivalent to RMB about 250 yuan.

Opening time: 1 week (different according to different banks)

After opening an account, bank information can be mailed to the designated domestic address, which is more convenient.