Luxembourg
From ~USD 570K-1.1M
AAA · US Limited
Singapore Private Banking
Asia's leading private banking hub with excellent digital infrastructure and access to Asian markets.
Banking overview
- Min. Deposit
- USD 500K-2.0M
- Sovereign Rating
- AAA
- US Clients
- Accepted
- Remote Opening
- Partial
Banking landscape
Number of Banks
+120
Notable banks
DBS Private BankUOB Private BankBank of SingaporeUBS SingaporeCredit Suisse Singapore
Regulatory & Compliance
Sovereign Rating
AAA
Deposit Insurance
SGD 100K per depositor per bank
CRS Participant
Yes
FATCA Compliant
Yes
US Clients
Generally accepted
Account opening
Remote Opening
Partial (video KYC)
Processing Time
3-8 weeks
Non-Resident Friendly
Yes
Opening notes
Video verification possible; some banks require Singapore visit
Services & Features
Multicurrency accounts
Custody services
Lombard lending
Full crypto services
Excellent digital banking
Typical fees
Typical AUM Fee
0.5-1.25%(Competitive pricing especially for Asian-focused portfolios)
Key advantages
Gateway to Asian investment opportunities
US clients generally accepted
Leading digital banking capabilities and crypto services
Considerations
Geographic distance from Europe and Americas
Some banks require physical presence for account opening
Time zone differences for European/American clients
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