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What are the bank account opening requirements? Do I have to be present for the account opening procedure?

April 26, 2017account bank account opening PRESENT procedure requirements

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What are the bank account opening requirements? Do I have to be present for the account opening procedure?

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Ans. The specific requirements for opening a bank account vary from bank to bank. Most of the banks require that the bank signatories be personally present for the account opening procedure. Our close working relationship with some banks enables us to handle the account opening paperwork without the client coming to Singapore.