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Things to look out for when choosing a bank account for investing

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Published on 06 November 2020

When investing globally, you may face challenges such as costly currency conversions or the hassle of moving your money across banks. Discover why international banking is an expatriate’s must-have for investing and how you can manage your wealth holistically. 

Invest with a secure and reliable wealth management solution 

During an overseas posting, you may be hesitant to make long-term investments due to complicated local guidelines. Get the right guidance for your wealth goals with a bank that provides:

  •  expertise so you can work towards growing your wealth through a diverse offering of investment options with trusted advice.
  • Specialised assistance on expatriate banking and investing, providing you with seamless access and full control of global banking, financial products and services. 
  • Access to dedicated relationship managers who can provide a global perspective and relevant insights to capitalise on opportunities for your cross-border investments and recommend relevant foreign currency services amidst fluctuating exchange rates. 

banking

Reduce investment and transaction pain points 

Avoid paying for administration fees from currency conversions or neglected overseas banks accounts. Consider these pointers for easy access to your cross-border transactions and investments:

  • Currency exchange rates with no conversion fees and hassle-free international transfers so that you no longer get penalised for remitting money to your loved ones. 
  • Strong digital infrastructure so you can open your global banking account from almost anywhere and diversify your investment across markets with the convenience of monitoring your investments digitally. 

Bank with convenience and ease 

In the current global climate of tightened border controls and pandemic restrictions, Greek philosopher Heraclitus' famous line “Change is the only constant” resonates strongly. Choose a solution that provides a central home and easy access to your finances. 

  • A bank account that allows you to consolidate your global banking arrangements, investment portfolio and multi-currency accounts accessible worldwide. 
  • A bank account with global mobility considerations so that your salary can be credited in different currencies regardless of the frequency and changing location of your work secondments. 

Singapore

Live, work and grow your wealth in a safe place 

Singapore is an ideal location to hold your investments due to its stable political and strong pro-business environment, as echoed by the Minister for Trade and Industry Chan Chun Singi. It is the 7th safest place worldwide and 1st in Asia in the 2020 Global Peace Index, produced by the Institute for Economics and Peace. 

As a key financial hub and the second most connected country based on the fourth edition of DHL's Global Connectedness Indexiii, Singapore is a magnet for corporate treasuries and home to 4200 regional headquarters, the largest in Asia Pacific. Singapore's competitive edge is attributed to a robust legal infrastructure as well as supportive and transparent banking regulations and governance. 

  • Safety and security in a country with a stable political environment, strong economic situation and high quality of life, so you can hold your funds, bonds or stocks in peace and grow your investments. 
  • Connectivity to key financial hubs with bank accounts based in a city with a robust legal infrastructure, supportive and transparent banking regulations and governance, so you can invest in various markets and monitor financial products that are not available in your domicile country. 

Steer your finances in the right direction 

It is never too late to consolidate your finances or manage, grow and protect your investments. With over 35 years of international banking experience and expertise,  is poised to provide expatriates with greater convenience, safety and accessibility in wealth management wherever you are in the world.

Banks and finance
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