The Letter of Intent to Open Bank Account serves as a preliminary document in Singapore's banking system, indicating a formal interest in establishing a banking relationship. This document is typically used when initiating the account opening process, particularly for complex banking arrangements or corporate accounts. It demonstrates compliance with Singapore's stringent banking regulations and helps streamline the account opening process. The letter includes essential information about the applicant, proposed banking services, and commitment to meet regulatory requirements, serving as a precursor to the formal account opening documentation.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Applicant Information: Full name, identification details, contact information and other personal particulars required for KYC compliance
2. Account Type: Specification of intended account type (savings, current, etc.) and banking relationship sought
3. Purpose Statement: Clear statement of intent to open bank account and purpose of the account
4. Initial Deposit: Proposed initial deposit amount and source of funds declaration
5. Documentation List: List of documents to be submitted with application in compliance with Banking Act and MAS regulations
1. Additional Services: Request for specific banking services such as credit cards, online banking, or investment facilities
2. Corporate Structure: Company information, authorized signatories, and corporate governance details for business accounts
3. Source of Funds Declaration: Detailed declaration of fund sources for high-value accounts or when required by AML/CFT regulations
1. Identification Documents: Copies of passport, NRIC, or other government-issued identification documents
2. Address Proof: Recent utility bills or official correspondence for verification of residential address
3. Income Documentation: Salary slips, tax returns, or other income verification documents
4. Corporate Documents: Business registration certificates, board resolutions, and other corporate documentation for business accounts
Relevant legal definitions
Account Application
Bank
Banking Day
Business Hours
Initial Deposit
KYC Documentation
Personal Data
Proposed Account
Required Documents
Signatory
Account Type
Banking Services
Account Holder
Authorized Representative
Beneficial Owner
Compliance Requirements
MAS
Notice Period
Transaction Limits
Valid Identification
Bank
Banking Day
Business Hours
Initial Deposit
KYC Documentation
Personal Data
Proposed Account
Required Documents
Signatory
Account Type
Banking Services
Account Holder
Authorized Representative
Beneficial Owner
Compliance Requirements
MAS
Notice Period
Transaction Limits
Valid Identification
Clauses
Purpose Statement
Identification
Account Details
Initial Deposit
Documentation Requirements
Personal Data Consent
Compliance Declaration
Authorization
Contact Information
Service Requirements
Acknowledgment
Privacy
Information Accuracy
Source of Funds Declaration
Regulatory Compliance
Document Submission Timeline
Verification Consent
Bank's Rights
Communication Preferences
Termination
Identification
Account Details
Initial Deposit
Documentation Requirements
Personal Data Consent
Compliance Declaration
Authorization
Contact Information
Service Requirements
Acknowledgment
Privacy
Information Accuracy
Source of Funds Declaration
Regulatory Compliance
Document Submission Timeline
Verification Consent
Bank's Rights
Communication Preferences
Termination
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Real Estate Letter Of Intent
A Singaporean document expressing a buyer's interest in property, outlining key terms for negotiation.
find out more
Non Binding Offer
A Singapore legal document outlining initial non-binding business terms for preliminary negotiations.
find out more
Non Binding Letter Of Intent
A Singaporean document outlining preliminary business terms without legal obligations, except for designated binding provisions.
find out more
Letter Of Interest
A Singaporean document expressing intent to initiate business relationships, outlining key terms and confidentiality provisions.
find out more
Letter Of Intent To Purchase
A Singaporean document outlining preliminary terms for significant purchase transactions, with binding confidentiality and exclusivity clauses.
find out more
Letter Of Intent To Bid
A Singaporean document formally expressing a company's intent to participate in a competitive bidding process.
find out more
Letter Of Intent Startup
A Singaporean legal document outlining startup intentions for investment or partnerships, with non-binding preliminary terms.
find out more
Letter Of Intent M&A
A Singaporean legal document outlining preliminary M&A terms, including confidentiality and exclusivity provisions.
find out more
Letter Of Intent Job Offer
A Singaporean document confirming preliminary job offer details, compliant with Employment Act and MOM guidelines.
find out more
Letter Of Intent For Business
A Singaporean document outlining preliminary business terms, maintaining flexibility for future negotiations and agreements.
find out more
Letter Of Intent Film Production
A Singaporean legal document outlining preliminary collaboration intentions for a film project, complying with media regulations.
find out more
Letter Of Intent Cooperation
A Singaporean document outlining preliminary collaboration intentions, maintaining flexibility and confidentiality in business negotiations.
find out more
Letter Of Intent
A Singaporean legal document outlining preliminary terms for commercial transactions, with optional binding confidentiality and exclusivity clauses.
find out more
Grant Letter Of Intent
A Singaporean document expressing preliminary interest in grant funding, outlining key terms without binding commitment.
find out more
Binding Letter Of Intent
A Singaporean legal document outlining preliminary business transaction terms with binding and non-binding provisions.
find out more
Commercial Real Estate Letter Of Intent
A Singaporean document outlining preliminary terms for commercial real estate transactions, with potential binding confidentiality clauses.
find out more
Non Binding Offer Letter
A preliminary, non-binding proposal document under Singapore law that outlines potential terms without creating legal obligations.
find out more
Letter To Tenant Of Intent To Sell Property
A Singapore-compliant formal notice from landlord to tenant regarding the intended sale of a leased property.
find out more
Letter Of Intent To Purchase Product
A Singapore-law governed preliminary document expressing intention to purchase specific products, outlining key terms and conditions.
find out more
Letter Of Intent To Continue Teaching
A formal document used in Singapore expressing a teacher's intention to continue their teaching position, adhering to local employment and education regulations.
find out more
Letter Of Intent Small Claims Court
A formal notice of intent to file a claim tHRough Singapore's Small Claims Tribunal, outlining dispute details and claim amount.
find out more
Letter Of Intent Simple
A preliminary document under Singapore law outlining basic terms and understanding between parties before a formal agreement.
find out more
Letter Of Intent Signature
A preliminary agreement under Singapore law outlining proposed transaction terms and parties' intentions to proceed with negotiations.
find out more
Letter Of Intent Salary
A preliminary employment document under Singapore law that outlines proposed salary and basic employment terms before formal contract execution.
find out more
Letter Of Intent In English
A preliminary document under Singapore law outlining proposed terms of a transaction, serving as a framework for negotiations with both binding and non-binding elements.
find out more
Letter Of Intent In Contract
A preliminary document under Singapore law outlining proposed terms for a future agreement, serving as a framework for negotiations.
find out more
Letter Of Intent For Transfer To Another Branch
A formal document used in Singapore to outline the preliminary agreement for an employee's internal transfer to another branch location.
find out more
Letter Of Intent For Training
A preliminary document used in Singapore that outlines proposed terms for training arrangements between parties, subject to local regulations.
find out more
Letter Of Intent For Restaurant Lease
A preliminary agreement under Singapore law expressing intent to lease commercial space for restaurant operations.
find out more
Letter Of Intent For Renewal
A Singapore-governed formal document expressing intention to renew an existing contract, serving as a preliminary commitment while final terms are negotiated.
find out more
Letter Of Intent For Product Demonstration
A formal document under Singapore law that establishes terms and conditions for conducting a product demonstration between interested parties.
find out more
Letter Of Intent For Payment
A Singapore-compliant document expressing formal commitment to make a specified payment under defined terms and conditions.
find out more
Letter Of Intent For Mayor
A formal expression of intent to serve as a CDC Mayor in Singapore, outlining qualifications and commitment to the role.
find out more
Letter Of Intent For Leave Of Absence
A formal document under Singapore employment law that declares an employee's intention to take an extended leave of absence from work.
find out more
Letter Of Intent For Business Supplier
A Singapore-governed preliminary document outlining intended supplier-buyer business relationships and key terms for future negotiations.
find out more
Letter Of Intent For Business Closure
A formal declaration of intent to cease business operations under Singapore law.
find out more
Letter Of Intent For Administrative Officer
A preliminary employment document used in Singapore that outlines the intent to hire an Administrative Officer, including basic terms of employment and conditions.
find out more
Letter Of Intent For Accreditation As Contractor
A formal declaration to Singapore's BCA expressing intention to become an accredited contractor, including registration category and compliance commitments.
find out more
Letter Of Intent Financial Assistance
A preliminary document under Singapore law outlining intended terms for financial support between parties.
find out more
Letter Of Intent Addressed To The Mayor For Scholarship
A formal letter to Singapore's Mayor expressing intent to apply for municipal scholarship programs.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)