Singapore Expats

Posted: **Sun, 16 May 2010 7:17 pm**

Is it possible to open a bank account if the foreigner is only holding an IN Principle Approval under the Entrepreneur pass category.? i always thought singapore banks require the person to have the EP card first before you can open an account...but someone I know has received a letter saying the foreigner needs to open the bank account first to get his EP...

has anyone encountered any banks that allow that?

Posted: **Mon, 17 May 2010 5:16 am**

You might want to read this

http://www.guidemesingapore.com/busines ... gapore.htm

Posted: **Mon, 17 May 2010 11:58 am**

HSBC opens accounts for non-residents even, the local banks might be picky though if you don't hold a valid EP. But why not just go and ask at the bank?

Posted: **Tue, 18 May 2010 11:52 am**

I arrived in Singapore last month, got my in principal, approval a week later, and opened an account with UOB that day, with no problems at all. They even gave me a credit card with a 10k limit. Just print out your in principle forms, and bring your passport.

You should have no problems at all. If you do, send me a PM, I can refer you to the banker who helped me. She is great.

Posted: **Wed, 19 May 2010 10:36 pm**

thanks guys for the help and information !

Posted: **Wed, 10 Nov 2010 3:42 pm**

Pizzamancer wrote:I arrived in Singapore last month, got my in principal, approval a week later, and opened an account with UOB that day, with no problems at all. They even gave me a credit card with a 10k limit. Just print out your in principle forms, and bring your passport.

You should have no problems at all. If you do, send me a PM, I can refer you to the banker who helped me. She is great.

Hi there,
Could you give me the bankers name/phone no? Sorry i cant send u pm as i dont have enough post
thanks again