Singapore International & Multi-Currency Bank Account

Singapore is an international business centre, and many companies need to receive and make payments in more than one currency. A multi-currency account can make it easier to manage overseas customers, suppliers and regular cross-border payments.

Coutts Consultants can help identify a suitable third-party provider and assist with the application. We look at the currencies, countries and expected payment activity so the proposed account fits the way the company trades.

For international businesses

This can suit trading companies, consultants, technology businesses, regional operations and companies with overseas customers or suppliers.

Available currencies and facilities vary by provider, so we confirm what is currently offered before making an introduction.

Choosing the right account

Some businesses need a conventional bank relationship; others mainly need efficient international collections, payments and currency management.

We consider the commercial requirement first and explain what type of provider is being proposed.

Preparing the payment profile

Providers usually want to understand the countries involved, expected payment values, currencies and the nature of customers and suppliers.

We help organise this information with the normal company, ownership and source-of-funds documents.

How Coutts Consultants can help

We review the international banking requirement, identify a suitable provider route and help prepare the application.

The provider makes the final acceptance decision and sets its own currencies, fees, exchange rates and account conditions.