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  • Writer's pictureCreimerman Product Team

The easiest banks to open a foreign account in Asia


Opening a foreign bank account can be a great option for entrepreneurs and business owners looking to expand their global presence. Not only does it provide a secure place to store money abroad, but it also offers access to international financial services and investment opportunities.


Why is it a great opportunity to open an offshore bank account?


Opening a foreign bank account in Asia can provide many benefits for entrepreneurs and business owners. It allows access to international financial services, investment opportunities, and can help to diversify a company's financial portfolio. Additionally, many Asian countries have stable and well-regulated financial systems, providing peace of mind for those looking to store money abroad.


Why Asia?


Asia is a popular destination for opening a foreign bank account due to its growing economy, stable financial systems, and diverse range of banking options. Here are some of the easiest banks to open a foreign account in Asia:


1. DBS Bank, Singapore

DBS Bank is one of the largest banks in Southeast Asia and is known for its easy and hassle-free account opening process. With over 280 branches across 18 markets, DBS Bank offers a wide range of banking services, including multi-currency accounts, online banking, and investment products.


2. Bank of China, Hong Kong

Bank of China is a leading bank in Hong Kong and is popular among international business owners due to its convenient account opening process. The bank offers a range of services, including multi-currency accounts, online banking, and investment options.


3. CIMB Bank, Malaysia

CIMB Bank is a leading bank in Malaysia and offers an easy account opening process for foreigners. The bank offers a range of services, including multi-currency accounts, online banking, and investment products.


4. Shinhan Bank, South Korea

Shinhan Bank is a popular bank in South Korea and offers a simple and efficient account opening process for foreigners. The bank offers a range of services, including multi-currency accounts, online banking, and investment products.



Overall, opening a foreign bank account in Asia can be a smart choice for those looking to expand their business globally. With a range of easy and hassle-free options available, it's worth considering as part of your international business strategy.


So, if you are interested in finding out more about residency by investment program and its opportunities to develop business, contact us today! Below this article, you will find a link to set up a free fifteen-minute consultation with us to discuss your options further.


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