An account for secure, easy foreign currency transactions

Foreign Currency Account

Access our trusted international banking services with a Foreign Currency Account. Whether for importing and exporting or dealing with foreign currencies and international payments, we provide the essential support you need to build your business. Open an account as an individual, company or member of a joint account.


Features and Benefits

Eligible Currencies – USD, EURO, SGD


Multiple Currencies
Conduct transfers and payments in US Dollars, Singapore Dollars or Euros. 

Withdraw and Deposit
Make up to two withdrawals per week with a $5,000 maximum for each withdrawal

International Transfers
Receive international currency transfers directly to your account 

Monthly Statements
Receive detailed statements about your daily spending and account activity


Requirements

  • NRC/ Passport of Authorized Persons
  • Visa Page (Valid Business Visa)
  • Photo (Passport Size)
  • Application Letter (Company Letter Head with MD/Chairman Signature and Stamp)
  • Board of Director’s Meeting Minutes & Meeting Resolution (Company Letter Head with the signatures of more than 75% of persons from DICA’s List)
  • Certification of Incorporation
  • Company Extract/Profile (Ex: Directors List, Officers List, Shares & Address etc)
  • Import/Export License (If Import/Export Company)
  • Initial Deposit above USD-100/ SGD-100/ EUR-100