Features & Benefits

Interest Bearing*
Free FAST Transactions
Zero Maintenance Fees
Virtual Account
Additional Features

Requirements

Minimum Initial Deposit

S$30,000

Minimum Monthly Average Balance

S$30,000 otherwise a fee of S$88 applies per month

Rates

 Balance Tiers¹ Base Interest p.a²
Account Balance of S$0 – S$30,000 Nil
Account Balance of S$30,001 - S$1,000,000 0.10%
Account Balance of S$1,000,001 - S$2,000,000 0.30%
Account Balance of S$2,000,001 and above 0.05%

1 The base interest applicable to the respective individual tier balance in the Eligible Account are subject to the Customer maintaining the minimum daily balance prescribed by the Bank.

 

2 Interest rates are subject to change at the Bank’s discretion.

Fees & Charges

Early Account Closure Fee

S$40 for accounts closed within 6 months of opening

Terms & Conditions

How To Apply

Step 1

Prepare the following documents before you start your application online.

 

Document Checklist:
 

Certified true copies^ of the following company documents:

 

1. For private limited companies:

    Memorandum and Articles of Association or Constitution

 

2. For partnership/ limited partnerships, or limited liability partnerships that have a partnership agreement:

    Partnership agreement

 

^A certified true copy is a copy of an original document that has been stamped or signed with "CTC" to confirm the copy is true and authentic by the following persons:

- For private limited or public company: 2 directors; or 1 director and 1 secretary; or 1 director if you have a single director

For partnerships: 2 partners

- For sole proprietorship: The business owner

 

NRIC/ FIN/ Passport copy* and specimen signatures of the following persons:

 

  • All person who can sign off this application#
  • All authorised signatories
  • All approving persons (unless you are a sole proprietorship)
  • All controlling persons (only if applicable to your company)

 

#Persons who can sign off this application:

  • ID documents for Directors and Ultimate Beneficial Owners (if applicable)
  • For private limited or public company: 2 directors; or 1 director and 1 secretary; or 1 director if you have a single director
  • For partnerships: 2 partners
  • For sole proprietorship: The business owner

*NRIC for Singapore Citizens and residents or passport copy for non-citizens

Step 2 

 

Click on the button below to begin your application. The application will take approximately 15 minutes* to complete.

 

A Shariah-compliant alternative, BusinessGo-i is also available here.

 

Important Notices & Disclaimer

3 Free regardless of number of users

 

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.