We compare the best bank accounts for small and medium enterprises (SMEs) in Singapore based on fees, features, and accessibility.
DBS Business Multi-Currency Account: Best for cross-border trade.
OCBC Business Growth Account: No fall-below fee, easy online banking.
UOB eBusiness: Offers free GIRO setup and accounting software sync.
Digital options:
- Aspire: No minimum balance, integrates with Xero and Stripe
- Wise Business: Best for international payments SMEs should consider:
- Monthly fees
- Transaction limits
- FX conversion costs
- Online banking capabilities