Singapore bank account
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Location: Southeast Asia
Capital: Singapore (city-state)
Population (2017): 5,612,300
Status: United Nations member since1965, GATT member since 1973, WTO member since 1995; and other organizations.
Currency: SGD (Singapore dollar)
Official languages: English, Malay, Mandarin, Tamil
Deposit guarantee: N/A
Singapore, officially the Republic of Singapore, is a global city in Southeast Asia is made up of 64 islands: one main island and 63 other tiny islands, still most of these are uninhabited.
Founded in the 19th century as a British trading colony Singapore has become a fussy metropolis in Southeast Asia and home to one of the world’s busiest ports, Singapore.
The official business language in Singapore is English but Mandarin and Malay are also widely spoken. Singapore is a politically and economically stable country. The work force is well educated and hard working with a high level of expertise.
Also known as the Lion City and the Switzerland of Asia, Singapore is one of the world’s leading financial centers and a powerful banking hub for both domestic and international clients that maintains strong connections with the West.
Singapore headquarters the Asia-Pacific Economic Cooperation and is a member of a number of additional international organizations, including the ASEAN Regional Forum, the United Nations and the World Trade Organization.
With almost 200 overseas banks and 6 local establishments, Singapore is Asia’s third-biggest Financial Centre (after Hong Kong and Japan) that offers various services from consumer credits to investment operations and insurance.