Some of the digital banks in Singapore include:
With the options available, choosing the right bank after incorporation is important as it affects all your company’s financial activities.
If you are looking for banks with lower fees, then digital banks are for you. However, this will be inconvenient if you would like to withdraw cash as there will not be any ATMs or offices around.
Service fees and rates are not the only important factor to decide on your banking needs, especially so for a corporate bank account. Working with a well-trained bank will ease the bookkeeping issues and is usually kept up to standard for your annual compliance needs.