The standard procedure for applying for a new savings account in Singapore is plain and straightforward
Like any other financial product, there is a wide assortment of savings account in Singapore. For this reason, it is important to evaluate your everyday exigencies before selecting the type of savings account you wish to open. The following will give you a comprehensive idea on the usual transactions you can take up with your savings account:
Common Use of a Savings Account
- Save Your Money in a Protected Place
- Govern Your Financial Transactions
- Regular Payment of Your Bills
- E-banking
- International and Local Money Transfer
Things to Consider Before Opening a Savings Account in Singapore
Minimum Initial Deposit. Before opening a savings account in Singapore be sure to inquire for the minimum deposit required and the minimum balance you must always have in your account. Take note that some banks may charge a ...
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