Is Bank of America Business available in Singapore?

Availability

Bank of America Business for business in Singapore: Not available

Key eligibility: A business registered in the United States with United States based ownership. The product is United States small business banking, not a Singapore account.
Non resident position: Not served as a small business account in Singapore. Bank of America serves Singapore only through corporate and investment banking from its Singapore branch.
Local currency support: United States dollars. No Singapore dollar account or local Singapore account details.
Headline monthly fee: Not applicable in Singapore. The United States entry account is Business Advantage Fundamentals, but it is not offered in Singapore.

Availability and fees as of 24 June 2026Last reviewed 24 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

As of 24 June 2026, Bank of America Business does not serve small business customers in Singapore. Bank of America Business is a United States small business banking product, offering business checking and savings to companies registered in the United States with United States based ownership. In Singapore Bank of America operates only through corporate and investment banking from its Singapore branch. A business based in Singapore cannot open a Bank of America Business account, so the alternatives below point to providers that do serve the market.

Does Bank of America Business serve business customers in Singapore?

No. Bank of America runs a long established Singapore branch that serves as its regional hub for Southeast Asia, providing corporate and investment banking, global markets and transaction services to multinational corporations, financial institutions and government entities. It does not offer small business checking or savings accounts to companies registered in Singapore. That institutional business is a separate service from a small business deposit account, so a typical company in Singapore falls outside it. As of 24 June 2026.

Eligibility for businesses in Singapore

Because Bank of America Business onboards only United States registered businesses with United States based ownership, a company registered in Singapore does not qualify for the small business product. A large corporate or institutional client may hold a relationship with Bank of America in Singapore, but that is arranged directly through its institutional teams and is not the same as opening a small business checking account. Verify with the provider

What it costs locally

There is no local Singapore pricing for Bank of America Business, because the small business product is not offered there. In the United States the entry account, Business Advantage Fundamentals, carries a monthly fee that can be waived under certain conditions, and balances are held in United States dollars. The Singapore dollar and local account details are not supported. As of 24 June 2026

What local users report

There is no base of Singapore small business users for Bank of America Business, since the product is not available in the market. Companies in Singapore that want business banking generally use local banks and cross border providers that operate in the market, while Bank of America in Singapore works with corporate and institutional clients rather than small businesses. As of 24 June 2026, confirm the current position with each provider before relying on it.

Bank of America Business does not appear to serve small business customers in Singapore as of 24 June 2026. Verify directly with the provider. Providers confirmed available in Singapore are listed on the Singapore country guide.

Questions about Bank of America Business in Singapore

Is Bank of America Business available for business in Singapore?

No. As of 24 June 2026 Bank of America Business is a United States small business banking product for businesses registered in the United States. In Singapore Bank of America operates only through corporate and investment banking from its Singapore branch, not small business deposit accounts. Verify the current position with the provider. This is general information, not advice.

Can a business in Singapore open a Bank of America business account?

A business registered only in Singapore cannot open a Bank of America Business checking or savings account, because that product is for United States registered businesses with United States based ownership. A large corporate or institutional client may hold a relationship with Bank of America in Singapore, but that is arranged directly through its institutional teams and is not the same as opening a small business checking account. Confirm your eligibility with the provider. As of 24 June 2026.

Does Bank of America Business support the Singapore dollar?

No. Bank of America Business accounts are held in United States dollars for United States registered businesses and do not offer a Singapore dollar account or local Singapore account details. International wires are supported on United States accounts. As of 24 June 2026, confirm the current position with the provider.

What can a business in Singapore use instead?

Providers that serve business customers in Singapore are listed on the Singapore country guide, including local banks and online options. Availability changes, so verify the current position with each provider before applying. As of 24 June 2026.

Availability, fees, and eligibility change. This page was last reviewed on 24 June 2026. Confirm the current position with Bank of America Business before applying.