EMI accounts

We can help you open Business EMI accounts in Singapore. Accounts are available for companies.
We work with 3 different EMI in Singapore. Each EMI has different eligibility requirements, types of accounts available and onboarding processes. We invite you to carefully review each EMI requirements and services below to better understand if their services meet your needs:

Our banking/EMI support service is not just a mere introduction to the bank. We assist you in filling out the business questionnaires appropriately and help you understand and provide business details, commercial information and purpose/use of the bank account that a given bank wants to know in order to approve your account application. Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal 'back and forth' and a smooth account opening process.

EMI Account option 1
Account Details
Eligibility Offshore Companies, Onshore Companies, Local Companies
Min Deposit N/A
Currencies SGD, USD
Cards Yes
Remote Yes
Off-shore non-resident Yes
Other Services Transactional Banking, Debit/Credit Card

Only companies incorporated in APAC jurisdictions. With regards to entities involved in the crypto/blockchain/web3 businesses, they are only able to onboard companies incorporated in Singapore, which they will only be able to open a SGD account to perform local transfers within Singapore. Cards are available only for Singaorean companies.

EMI Account option 2
Account Details
Eligibility Offshore Companies, Onshore Companies, Local Companies
Min Deposit N/A
Currencies Multicurrency
Cards Yes
Remote Yes
Off-shore non-resident Yes
Other Services Transactional Banking, Debit/Credit Card, Payment Processing

Only companies incorporated in Singapore. Airwallex has other entities in Canada, USA, United Kingdom, Hong Kong, Australia, Malaysia and the Netherlands working with various other jurisdictions.

EMI Account option 3
Account Details
Eligibility Offshore Companies, Onshore Companies, Local Companies
Min Deposit N/A
Currencies Multicurrency
Cards No
Remote Yes
Off-shore non-resident Yes
Other Services Transactional Banking