Hi, this is my first post. I am a Singaporean working in the IT industry in Tokyo (Cyberagent, ex Zynga Japan). Recently, a colleague/friend of mine registered a company in HK and opened a corporate account with HSBC in HK. He deposits his pay in yen into that corporate account as yen, and also got a platinum credit card for free to use with his corporate account.
Was wondering if there are any personal or corporate bank accounts in Singapore that offers something similar to what HSBC HK does.
As far as I understand OCBC, and probably also the other corporate banks lets you open bank accounts in other currencies than SGD.
I'm far from any expert on this, though I would assume any authorized foreign exchange bank would let you open such accounts, so that you can avoid paying a conversion fee if you frequently receive transfers in foreign currencies.
> Hi, this is my first post.
> I am a Singaporean working in the IT industry in Tokyo (Cyberagent, ex Zynga Japan).
> Recently, a colleague/friend of mine registered a company in HK and opened a corporate account with HSBC in HK.
> He deposits his pay in yen into that corporate account as yen, and also got a platinum credit card for free to use with his corporate account.
> Was wondering if there are any personal or corporate bank accounts in Singapore that offers something similar to what HSBC HK does.
IIRCC, when I last opened a business bank account with OCBC, they offered
me one additional free foreign currency account. I am not too sure if it's
limited time offer, but I am definitely sure that it was only valid when I
was signing up. You can give them a call to find out.
Cheers,
Chern Jie
On Mon, Aug 6, 2012 at 3:18 AM, Sven Berg Ryen <sven.r...@maxus.com.sg>wrote:
> As far as I understand OCBC, and probably also the other corporate banks
> lets you open bank accounts in other currencies than SGD.
> I'm far from any expert on this, though I would assume any authorized
> foreign exchange bank would let you open such accounts, so that you can
> avoid paying a conversion fee if you frequently receive transfers in
> foreign currencies.
> On Aug 5, 2012, at 10:03 PM, Brandon Ng wrote:
> > Hi, this is my first post.
> > I am a Singaporean working in the IT industry in Tokyo (Cyberagent, ex
> Zynga Japan).
> > Recently, a colleague/friend of mine registered a company in HK and
> opened a corporate account with HSBC in HK.
> > He deposits his pay in yen into that corporate account as yen, and also
> got a platinum credit card for free to use with his corporate account.
> > Was wondering if there are any personal or corporate bank accounts in
> Singapore that offers something similar to what HSBC HK does.
I also remember vaguely being offered something like that though I think their accounts are free only for 6 months unless you hold a minimum balance of a certain amount.
> IIRCC, when I last opened a business bank account with OCBC, they offered me one additional free foreign currency account. I am not too sure if it's limited time offer, but I am definitely sure that it was only valid when I was signing up. You can give them a call to find out.
> Cheers,
> Chern Jie
> On Mon, Aug 6, 2012 at 3:18 AM, Sven Berg Ryen <sven.r...@maxus.com.sg> wrote:
> As far as I understand OCBC, and probably also the other corporate banks lets you open bank accounts in other currencies than SGD.
> I'm far from any expert on this, though I would assume any authorized foreign exchange bank would let you open such accounts, so that you can avoid paying a conversion fee if you frequently receive transfers in foreign currencies.
> On Aug 5, 2012, at 10:03 PM, Brandon Ng wrote:
> > Hi, this is my first post.
> > I am a Singaporean working in the IT industry in Tokyo (Cyberagent, ex Zynga Japan).
> > Recently, a colleague/friend of mine registered a company in HK and opened a corporate account with HSBC in HK.
> > He deposits his pay in yen into that corporate account as yen, and also got a platinum credit card for free to use with his corporate account.
> > Was wondering if there are any personal or corporate bank accounts in Singapore that offers something similar to what HSBC HK does.
