How long does it take to open an account?

Our relationship managers will be happy to answer all your questions about our onboarding process.

What documents do I need to provide to open an account?

Depending on the type of account you wish to open, your relationship manager will provide you with a list of all the required documents.

What is the minimum requirement to open a trust account with Bordier Singapore?

Unlike some jurisdictions, Singapore has defined a minimum threshold to open a trust account. We work closely with prospective clients to determine an initial amount acceptable for all parties. Average assets under management for trust accounts range from USD 5 to 10 million. Contact us to find out more.

I do not live where the bank is located (Singapore / Switzerland / etc.). Do I have to open an account in person?

No, you do not need to be physically present to open an account.

What is the minimum requirement to open an entity account with Bordier Singapore?

Unlike some jurisdictions, Singapore sets a minimum threshold to open an entity account. We work closely with prospective clients to determine an initial amount acceptable for all parties. Average assets under management for entity accounts range from USD 3 to 10 million, depending on the legal structure (holding company, PIC, operating company, etc). Contact us to find out more.

Do you offer internet banking?

Yes.

Can I open my account via electronic means for quicker processing?

As part of our drive to improve our digital services, we are constantly increasing the number of documents that can be completed or signed electronically. However, some jurisdictions still require physical signatures for certain documents.

What are your deposit rates and borrowing costs?

We do not pay interest on cash deposits. Interest may be charged on deposits in currencies with negative interest rates. Borrowing costs depend on the specific circumstances of the loan. Please contact us to find out more.

Why should I open an account?

Bordier was founded 178 years ago, and is currently owned and managed by the fifth generation of the same family. We are independent, transparent, and aligned with our client’s interest.

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