Who needs to attend the meeting to open a Singapore corporate bank account?

Usually, the authorised signatory must attend in all cases, and who else attends depends on the composition of the directors and whether a nominee director service is used.

The following are the typical arrangements advised by Lee Kim Alliance, and some banks may require additional attendees.

• If a foreign director is the authorised signatory and a nominee director service is used: Foreign director (authorised signatory), nominee director
• If a foreign director is the authorised signatory and no nominee director service is used: Directors (including the authorised signatory), company secretary
• If a shareholder is the authorised signatory and a nominee director service is used: Foreign director, nominee director, shareholder (authorised signatory)
• If a third party is the authorised signatory and a nominee director service is used: Foreign director, nominee director, company secretary, authorised signatory

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