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Opening Bank account with IPA (EP Approved) before arrival
Posted: Wed, 01 Apr 2015 1:27 pm
by theworm
Sorry I couldn't find this answer yet.
Is it possible to open A/C in any SG Bank before arriving. So that I can TT from overseas before landing in Singapore. I had done this in Australia but cant find any option in Singapore
We have EP approved/IPA
Re: Opening Bank account with IPA (EP Approved) before arriv
Posted: Wed, 01 Apr 2015 1:44 pm
by the lynx
theworm wrote:Sorry I couldn't find this answer yet.
Is it possible to open A/C in any SG Bank before arriving. So that I can TT from overseas before landing in Singapore. I had done this in Australia but cant find any option in Singapore
We have EP approved/IPA
Try HSBC, Citibank and Standard Charted in your country and ask them about Global Account option. That way you can move your funds between Singapore and Australia under the same bank. I'm not sure whether their TT rates are good enough or not though,
Re: Opening Bank account with IPA (EP Approved) before arriv
Posted: Wed, 01 Apr 2015 2:19 pm
by rajagainstthemachine
I had this trouble when I arrived here on an IPA, only citibank helped me, the local banks wanted a proof of address and I had none lol.
Might want to head down to city hall mrt, theres a small little citbank brank there that helped me open one with just the IPA, might want to try that option.
I am pretty sure the same will hold good for other MNC banks like HSBC or Stan Chart.
Re: Opening Bank account with IPA (EP Approved) before arriv
Posted: Wed, 01 Apr 2015 2:24 pm
by ecureilx
rajagainstthemachine wrote:I had this trouble when I arrived here on an IPA, only citibank helped me, the local banks wanted a proof of address and I had none lol.
Might want to head down to city hall mrt, theres a small little citbank brank there that helped me open one with just the IPA, might want to try that option.
I am pretty sure the same will hold good for other MNC banks like HSBC or Stan Chart.
OCBC did allow, as long as your pay the opening balance amount
POSB allowed before, with just 500$ as long as you say the account is for salary payment !