How to open a new bank account with RHB Singapore

Opening a bank account with RHB Singapore is a straightforward process designed to accommodate both local residents and expatriates. RHB Bank, one of the leading financial institutions in Southeast Asia, offers a variety of account options tailored to meet diverse financial needs. Whether you’re looking for a basic savings account, a current account for daily transactions, or a business account, RHB has a solution for you. This guide will walk you through the step-by-step process of opening an account with RHB Singapore, including the necessary documentation, application methods, and how to get started with RHB’s online banking services.

Step-by-Step Guide to Opening an RHB Account in Singapore

Step 1: Choose Your Account Type

RHB Singapore offers various account types to suit different financial needs:

• RHB Basic Savings Account: A straightforward savings account ideal for daily banking needs.
• RHB Premier Banking Account: Tailored for high-net-worth individuals, offering exclusive banking privileges.
• RHB Foreign Currency Account: Suitable for those dealing in multiple currencies, offering flexibility in foreign currency management.

Step 2: Prepare Required Documents

Before applying for an account, ensure you have the following documents ready:

• For Singapore Citizens and PRs:
  • NRIC (National Registration Identity Card)
  • Proof of residential address (if different from NRIC)
• For Foreigners:
  • Passport
  • Employment Pass, Dependent Pass, or Student Pass
  • Proof of residential address in Singapore (e.g., utility bill, rental agreement)
  • Initial deposit (amount varies by account type)

Step 3: Apply Online or Visit a Branch

You can choose to apply for an RHB account online or by visiting a branch:

• Apply Online:
  1. Visit the RHB account application page at RHB Singapore Online Account Opening.
  2. Select your preferred account type and complete the online application form.
  3. Upload the necessary documents and submit your application.
• Visit a Branch:
  1. Visit the nearest RHB branch with your prepared documents.
  2. A customer service representative will guide you through the application process.
  3. Make the initial deposit to activate your account.

Step 4: Verification and Account Approval

Once your application is submitted, RHB will verify your documents. If additional information is required, the bank may contact you. Upon approval, you will receive your account details and other related materials.

Step 5: Set Up Online and Mobile Banking

To easily manage your account, set up RHB Now Internet Banking through the RHB website or download the RHB Mobile app. This will allow you to perform transactions, monitor your account, and manage your finances from the convenience of your mobile device or computer.

For more detailed information and to begin your application, visit the RHB Singapore Online Account Opening page.