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Singapore Company Incorporation FAQs

Frequently Asked Questions about Singapore Company Formation

Can a Singapore corporate bank account hold multiple currencies?


Yes, most Singapore banks and digital banks let you open accounts in several currencies, such as US dollars (USD), in addition to Singapore dollars (SGD). However, the supported currencies differ from bank to bank.

Minimum balances, transfer fees and currency exchange terms per currency also differ by product, so it is best to first decide which currencies you mainly transact in and then choose a bank that supports them.

Lee Kim Alliance provides a corporate bank account opening support service.


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