SMEs and corporates often overlook hidden costs in business accounts. This article compares the most common charges across banks.
Key costs include:
- Account maintenance fees
- Transaction charges (domestic and international transfers)
- Cash deposit fees
- Merchant service charges
SMEs should carefully review these costs before committing, as they directly impact profitability.
business bank account Singapore comparison, SME account fees, corporate banking costs
Written by: BankOpen Singapore Editorial Team
The BankOpen Singapore Editorial Team consists of financial analysts, banking industry professionals, and experienced writers. We are dedicated to providing accurate, up-to-date, and practical insights to help readers navigate Singapore’s banking landscape and make informed financial decisions.
The BankOpen Singapore Editorial Team consists of financial analysts, banking industry professionals, and experienced writers. We are dedicated to providing accurate, up-to-date, and practical insights to help readers navigate Singapore’s banking landscape and make informed financial decisions.
Disclaimer: The information provided in this article is for general informational purposes only and does not constitute financial, investment, or legal advice. Always consult with a qualified professional before making any banking or investment decisions.