Extended data
Introduction of major banks in Singapore:
DBS Bank (including its POSB Bank): Singapore _ large commercial bank;
OCBC: one of the leading financial groups in Asia; OCBC Bank is the second largest bank in Southeast Asia, with offices and branches in 18 countries.
Uob uob: The second largest bank in Singapore, with its business mainly concentrated in Southeast Asia.
HSBC: It is a comprehensive bank, providing various banking and financial services, with more than 4,000 offices in 70 countries.
Standard Chartered Bank: It is a British financial institution with a history dating back to 1858. It is one of the largest banks in the world. Standard Chartered Bank has more than 1200 branches in 70 countries, and 90% of its profits come from its Asian business.
Citibank: Its purpose is to serve the overseas banking needs of the rich in the Asia-Pacific region. Tong is home to many advanced business centers and data centers of Citibank, serving many business activities in more than 60 countries around the world. With nearly 65,438+00,000 employees, Tong is the employer of the largest banking industry in Singapore.
There are five advantages to opening a bank account in Singapore:
1 Funds are freely allocated and are not subject to foreign exchange control at home and abroad.
The deposit interest rate and variety are not restricted.
3. Improve the comprehensive operational efficiency of domestic and foreign capital.
4 domestic control, overseas operation
5 Global Wealth Management
Some mainlanders often use their personal accounts outside China and Hongkong for overseas house purchase, real estate, overseas investment and overseas immigration projects, and manage global wealth. These activities need the support of overseas bank accounts.