Open a Singapore Dollar account in Hong Kong for your business instantly
Open your SGD business account online and from anywhere in the world. Receive payments from customers or clients in Singapore, manage SGD and streamline payments to suppliers or employees to save on unnecessary conversion fees.
Set up hassle-free currency accounts with local bank details instantly
Skip the queues and excessive paperwork usually involved in setting up local currency accounts around the world. Open domestic and foreign currency accounts online within minutes and transact in over 60 markets. Collect payments from global customers in their preferred currency and spend your proceeds later in the same currency, eliminating unnecessary conversion fees.
Save on unnecessary bank charges
There are no account opening fees, monthly maintenance charges, or minimum transaction requirements.
Streamline your global cash management
Convert held balances to different currencies in just a few clicks and review your global transactions in a single view.
Know your funds are safe and secure
Relax knowing that your money is secure and protected with end-to-end encryption and bank-level security.
Avoid costly conversion fees
Eliminate unnecessary conversion fees by receiving payments in the same currencies that your customers pay in.
The fast way to open a SGD business account
Get SGD business account details instantly
Open a free SGD account with us online and get a dedicated account number along with a local branch and bank code for your business instantly. Receive, manage, and spend SGD without unnecessary conversion fees.
Receive payments from customers in Singapore
Add the SGD account details you receive to your invoices. These local bank details will allow you to receive payments from customers in Singapore online.
Save on unnecessary conversion fees for SGD payments to suppliers
Manage Singapore dollars in your SGD business account and make payment to suppliers or contractors in Singapore without incurring any conversion fees.
How it works
Open a SGD business account in 3 simple steps
Sign up for a free Airwallex business account
Navigate to our dashboard and select SGD global account.
Key in your business’ name and create the account
Get issued a dedicated account with local bank details in the name of your business. Share these details with your customers to receive payments in SGD.
Manage SGD in your account or withdraw in your local currency
Receive, manage and make payments in SGD directly without incurring unnecessary conversion fees or convert your HKD into SGD immediately.
See how our customers are finding Airwallex
"Airwallex has been a game changer for all our banking needs. As a fast-growing startup, we need a scalable yet cost-efficient batch payment solution to pay our employees and vendors both inside and outside Hong Kong. Airwallex helps us save money on every bank transfer with their near-zero transaction fee and market-beating FX rates. We also use Airwallex’s multi-currency Visa cards for business travel expenses and SaaS subscriptions to avoid hidden bank fees that would otherwise have been difficult to spot. Would highly recommend other startups to get started with Airwallex!"
"Importing the best wine and sake overseas always involve extra costs on transaction fee & FX fee. With Airwallex, we saved 100% of our overseas remittance cost and we could provide the best price for our customers."
Co-Founder of MyiCellar
"Airwallex is an innovative fintech platform with a first-class customer support team. They transformed the previously painful process of creating corporate cards and managing business accounts into something simple, convenient, and cost-effective. The onboarding was quick and smooth, the security features exceeded our expectations, and most importantly, it is really easy to use. Airwallex saves a lot of my team's time and the simplicity is genius."
Interim CEO & Chief Financial Officer, PURE Group
"I’m so thankful that Airwallex exists! In Hong Kong, it's so hard to find financial service providers that are friendly to small businesses. Airwallex allows me to exchange currencies at really great rates, and the interface is very modern and easy to use compared to my bank. We save so much money with Airwallex! In just a few months, we've already saved more than HK$78,000 in unnecessary fees!"
"Airwallex provides us with flexibility and cost savings on our international fund flows. We are using Airwallex to pay international suppliers and are saving up to 90% on transaction fees and FX verses traditional banks - thanks to their competitive exchange rate and low transaction costs."
"Airwallex's global payment solutions help us to save costs on international transaction fees & FX, fostering our mission to increase access to healthy period care that's better for our bodies and the planet."
Marketing and Development Director, LUÜNA naturals
"Airwallex has been great for our team - it makes payments and transfers so much easier, and has saved us significant amounts of time compared to what we were doing before with HSBC. Airwallex's platform is easy to use and very intuitive. Airwallex virtual card has solved most of our painpoints with sharing corporate card numbers and credit card limits. The best part is being able to save money on all our monthly bank transfers, and we've already saved thousands of dollars by using Airwallex. Airwallex's support has also been highly responsive to troubleshoot any issues in a timely manner."
Co-founder & COO, Forkast.News
"Airwallex offers both physical and virtual corporate cards tailored to the needs of different staff. Their virtual corporate card can even be set up in just 1 minute. Its features make expense management and approval processes notably easier for us."
General Manager, K Dollar Program
Access our global transfer method network
Airwallex offers you a wide array of local and global transfer options to make sure you get the fastest and most cost-effective solution.
Frequently asked questions
How much does it cost to open a SGD business account online?
Airwallex will not charge any fees to open a SGD business account. Open a SGD account in Hong Kong or from anywhere in the world.
How long does it take to open a SGD business account?
Once you’ve created a business account with us and submitted your business registration details, you’ll receive access to create a SGD account on our dashboard. With Airwallex, you can open a SGD account online and get access to local account details in minutes. All that is needed is your business’ name.
Why is an SGD account important for my business?
If your business deals with international clients, suppliers, or partners, having a SGD account can simplify transactions. Many global transactions are conducted in SGD, making it easier to receive payments and make payments in the same currency without the need for frequent currency conversions. With the Airwallex SGD global account, you also receive Singapore local bank details. This will make it easier to facilitate various financial operations in Singapore, like invoicing clients. Airwallex's connection to local payment rails also allows businesses to bypass the SWIFT network. This means that businesses can benefit from sending SGD to Singapore like a local transfer, without incurring any SWIFT fees.
How can I use the Airwallex SGD Account as a multi-currency account?
Your Airwallex business account is also a global currency account, which lets you open accounts in 23+ different currencies, including EUR, GBP, and AUD. Use these accounts to receive, manage, and spend in the same currency, eliminating unnecessary conversion.
How can I open a SGD account in Singapore to pay foreign currencies?
You can open an Airwallex SGD Account remotely, without visiting a bank branch. All you need are soft copies of your ID and business registration documents, and your SGD account will be ready in minutes. Click here to get started.