Open Offshore Bank Account In Singapore. Support to open an offshore bank account in Singapore (local or international bank). Although most of major banks in the world concentrate in Singapore, Banks are willing to open corporate account either for Singapore companies or offshore companies as long as KYC (Know your clients).
An offshore bank refers to a bank located outside of the investor's country of residence or domicile.
But you should be aware that even this bastion of economic freedom is starting to really wake up to.
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Offshore Banking generally applies to any investor who is interested in setting up an overseas bank account. Opening a bank account in Singapore. It's possible to open a bank account in Singapore in person.