We need to provide the documents needed to open KEXIM Global Bank account because all banks and financial institutions in Singapore are required by the law to collect information about people opening financial accounts to verify identity which is known as KYC.
Because KEXIM Global Bank accounts let you store your money securely and access it when needed, they’re practical and safer solutions.
Clients now have access to more efficient ways to potentially transform their lives thanks to KEXIM Global Bank. It is now feasible to obtain better financial services and solutions that are tailored to their particular needs.
Before going ahead to look at the documents I would want you to look at How To Open KEXIM Global Bank Account
Overview of KEXIM Global Bank
KEXIM Global (Singapore) Ltd., a subsidiary of the Export-Import Bank of Korea (KEXIM) primarily deals in promoting global sustainability transition projects.
In order to promote economic cooperation between Korea and other nations, KEXIM offers financial support for import and export transactions as part of its objective. Offering the financial support needed for export, import, foreign investment, and other associated operations is KEXIM’s main goal.
At KEXIM Global Singapore Ltd., Sungho Park is the Chief Financial Officer.
Although KEXIM’s headquarters are in Korea, the bank’s worldwide presence and activities are aided by the operations of its subsidiary, KEXIM worldwide (Singapore) Ltd., which is based in Singapore.
In line with Korea’s economic goals on the international scene, KEXIM’s mission encompasses financing for ECAs as well as assisting diverse business ventures.
Check out LGT Bank Loan Facilities And Requirements
Legal Documents Required for Opening a bank account in Singapore
- A passport or a government-issued identification card that bears the account holder’s name and other bio details
- A Proof of Residence Verified by a Passport for foreigners or bank statement/utility bills/mobile bills within 3 months etc
- You may also present any additional financial documents, in some cases, some banks like KEXIM Global Bank may require proof of tax residency if you declare tax residency in your home country and not in Singapore.
If you have any inquiries feel free to leave them in the comment section quickly.