Singapore Banking

Introduction: Banking for Non-Residents in Singapore Singapore is a global hub for high-net-worth individuals (HNWIs) and institutional investors seeking secure banking solutions, wealth management, and tax-efficient investment opportunities. For non-residents, especially those from the UK and UAE, Singapore’s banking sector offers robust privacy, multi-currency accounts, and tailored financial services. Understanding your investor classification under the […]

Introduction: When a Foreign Bank Client Passes Away The loss of a family member is undoubtedly a difficult period. As a banking expert, I’ve seen how this emotional time can become even more complex when the deceased is a foreign national holding assets in Singapore, such as bank accounts. For their descendants, understanding how to

So, you’re making the leap to Singapore! Congratulations – you’ve chosen a vibrant, dynamic hub known for its efficiency, stunning skyline, and, yes, its world-class financial system with strong banking insurance scheme. As a US expat settling into the Lion City, one of the first practical steps is opening a local bank account. It’s your

Executive Summary In this comprehensive analysis, I dive into the most recent trends shaping Singapore’s dynamic banking landscape. Over the past month, we’ve witnessed a rapid evolution in digital banking, tighter regulatory measures, and significant financial performance milestones among major banks. With innovation at its core, the sector is navigating challenges such as margin pressures

Singapore has firmly established itself as Asia’s premier destination for private wealth management. Known for its political stability, robust legal system, and forward-thinking financial regulations, the city-state continues to attract high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) from across the globe. In 2025, Singapore’s private banking sector stands stronger than ever, fueled by regional wealth

Singapore is not only known for its iconic skyline and world-class infrastructure; it also boasts one of the most robust and secure banking ecosystems in the world. If you’re a foreigner seeking to open a savings account in the Lion City, you’ve come to the right place. In this article, we’ll explore why Singapore stands

Singapore’s meteoric rise from a colonial trading post to a global financial powerhouse is intrinsically linked to the evolution of its banking sector. Understanding the history of the banking system in Singapore reveals a captivating story of foresight, resilience, and relentless innovation. This transformation has molded the nation into a leading international financial center. Early

Ever thought about getting into priority banking in Singapore as a non-resident? At Easy Global Banking, we help people like you open private bank accounts. We connect you with top financial services in Singapore1. Our team offers personalized solutions to meet your financial needs and goals, making your banking experience in Singapore great. Singapore is

Did you know that over 200 Major Payment Institutions (MPIs) are now licensed in Singapore? This growth happened after the Payment Services Act started in January 20201. Singapore is now a key player in the world of digital assets. It’s thanks to a good regulatory environment and no capital gains tax. For non-residents, Singapore is