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Opening a Standard Chartered Account in Singapore Is Almost Zero-Threshold!

  • monmonq1
  • Nov 23, 2024
  • 2 min read

Why Choose Standard Chartered Singapore?

  1. Low Initial Deposit:

Many account types require only SGD 1,000 or less as an initial deposit. Some promotional accounts may even waive minimum deposit requirements.

Zero or Minimal Balance Requirement:

  • For accounts like the Bonus Saver or Jump Start accounts, there are often no minimum balance fees if specific criteria are met.

Fast and Easy Application:

  • Applications can be completed online or via the bank’s app, making the process quick and convenient.

Global Access:

  • Offers accounts with multi-currency capabilities, ideal for international transactions and travel.

Credit/Debit Card Benefits:

  • Standard Chartered provides a range of credit and debit cards with rewards, cashback, and lifestyle benefits.

Step-by-Step Guide to Opening a Standard Chartered Account

1. Prepare Your Documents

  • Residents:

  • NRIC or Passport

  • Proof of residential address (if different from NRIC)

  • Non-Residents:

  • Passport

  • Proof of address (e.g., utility bill, tenancy agreement)

  • Employment pass or student pass (if applicable)

2. Choose the Right Account

  • Current Account: For day-to-day banking needs.

  • Savings Account: Offers competitive interest rates.

  • Multi-Currency Account: Manage funds in multiple currencies seamlessly.

  • Business Account: Tailored for SMEs and startups.

3. Apply Online or Visit a Branch

  • Online Application: Visit Standard Chartered’s official website or download their app. Fill out the form and upload your documents.

  • Branch Visit: If you prefer in-person service, head to the nearest branch with your documents.

4. Fund Your Account

  • Deposit the initial amount to activate the account. For most accounts, this ranges between SGD 1,000 to SGD 3,000.

5. Get Your Debit or Credit Card

  • Once the account is activated, Standard Chartered will issue a debit card linked to your account.

  • For credit cards, apply separately; approval depends on your credit history and income level.

Additional Tips

Leverage Promotions:

  • Standard Chartered often runs promotional campaigns, such as bonus interest rates or cashback offers. Check their website for the latest deals.

  • Use Digital Banking:

  • The SC Mobile app provides seamless account management, fund transfers, and bill payments.

Understand Fees:

  • Be aware of fees for falling below minimum balances (if applicable) or international transactions.

  • Monitor for Card Delivery:

  • Debit or credit cards are usually delivered to your registered address within 7–10 business days.


With Standard Chartered Singapore, opening an account is nearly hassle-free, offering robust digital features and financial benefits that cater to individuals and businesses alike. Enjoy effortless banking and exclusive perks with your newly opened account and card!


Contact us 👍

What’s app : +44 7451222110

Telegram: +66 936825227

 
 
 

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