7 Best Private Banking in Singapore Based on Your Needs [2022]

Private banking are made for Singapore's highest earning individuals. If you are privileged to qualify for this, check out the 7 best private banking in Singapore.

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To qualify for private banking in Singapore, you need to be part of the highest earning individuals with qualifications requirements such as seven-digit cash deposits, investments, or insurance policy purchases. If you do qualify for this, you should definitely check out the 7 best private banking in Singapore.

We selected these 7 private banking services based on their reputations as well as perks they offer, according to your needs and preferences. The types of perks you get to enjoy as a private banking client differs, and this article will be useful in helping you choose the best one for your banking needs.

1. UOB Private Banking

private banking in Singapore
Type of InformationDetails
Website  https://www.uob.com.sg/private/index.page
Highlights to note– 12 exclusive banking
– Superior and sustainable returns
– Aa1 rating from Moody’s and AA- from Standard & Poor’s and Fitch Ratings
Minimum Requirement$5 Million
Address80 Raffles Place
UOB Plaza 1, #07-01
Singapore 048624
Contact Detailshttps://forms.uob.com.sg/private/contact-me.html?_ga=2.76144722.674999671.1645260687-1877569244.1645260687

UOB Private Banking in Singapore is designed to provide you with a warm sense of Asian hospitality, a befitting expression of UOB’s foundation in Singapore. They feature 12 exclusive banking suites, where you can engage with your Senior Client Advisor on your investment portfolios and perform all of your banking transactions in comfort and privacy. 

As one of the world’s highest-rated banks, with an Aa1 rating from Moody’s and AA- from Standard & Poor’s and Fitch Ratings, UOB Private Banking believes in taking a long term view is important for investment success. Their clientele includes the ultra-high net worth banking segments in China, Hong Kong, Malaysia, and Thailand.

2. DBS Private Banking

private banking in Singapore
Type of InformationDetails
Website https://www.dbs.com.sg/private-banking/default.page
Highlights to note– One bank for all your needs
– A network rooted in Asia
– Global Expertise
Minimum Requirement$5 Million
AddressMarina Boulevard Tower 3 Level 6,
Marina Bay Financial Centre,
Singapore 018982
Contact Details1800 221 1111

Tailored through a highly personalised approach, DBS Private Banking makes sure they find the solutions and opportunities that are uniquely suited to your needs and goals. From day-to-day banking to wealth management as well as investment and corporate banking, you will have complete access to their best resources, for all your banking needs.

Their credit ratings of ‘AA-’ from S&P Global Ratings and ‘Aa1’ from Moody’s are among the highest in the world. Their award-winning DBS digibank platform gives you total control of your banking needs, whether it is to bank, invest or manage your wealth, anytime and anywhere you choose.

3. HSBC Private Banking

private banking in Singapore
Type of InformationDetails
Website  https://www.privatebanking.hsbc.com/
Highlights to note– Bespoke and Personalized
– Relationship Manager support system
– Reputable
Minimum Requirement$5 Million
Address21 Collyer Quay,
Singapore 049320
Contact Detailshttps://www.privatebanking.hsbc.com/contact-us/

HSBC Private Banking is one of the world’s largest banking and financial services organisations, who provides clients with wealth, business and family succession solutions in the largest and fastest growing markets around the world.

They are dedicated to growing, managing and protecting their clients’ assets, and align their expertise in banking, investments and wealth management with each of their clients’ individual needs. Working together with you is your Relationship Manager, who will help you identify and secure your financial objectives at all times.

4. Standard Chartered Private Banking

private banking in Singapore
Type of InformationDetails
Website  https://www.sc.com/en/banking/banking-for-individuals/private-banking/
Highlights to note– A unique investment philosophy
– Full spectrum of banking services
– ‘On the ground’ specialists
Minimum Requirement$1.5 Million
AddressBukit Timah Rd, 795-797,
Singapore 269766
Contact Detailshttps://www.sc.com/en/contact-us/

Standard Chartered Private Banking offers a full spectrum of banking services, with the opportunity for you to grow both your business and your personal wealth. They are dedicated to help you build an enduring legacy for the future, by empowering you to make unbiased investment decisions to make the most of your wealth.

Gain access to wealth management services from the world’s leading financial centers, with ‘on the ground’ specialists, who will constantly deliver capabilities to connect you to market opportunities most relevant for you.

5. Citibank Private Banking

private banking in Singapore
Type of InformationDetails
Website  https://www.privatebank.citibank.com/
Highlights to note– Serving worldly, wealthy individuals and families
– Global connections
Minimum Requirement$1.5 Million
Address8 Marina View
#21-00 Asia Square Tower 1,
Singapore 018960
Contact Detailshttps://www.privatebank.citibank.com/#

Citibank Private Banking exists to serve the world’s wealthiest individuals and families. They offer customized private banking that crosses borders, connecting you to opportunities globally and introducing you to a unique network of your peers.

With clients hailing from more than 100 nations and from many walks of life, they share certain values and behaviours that transcend national borders. Citibank Private Banking has a network spanning 162 countries and jurisdictions across six continents, and serves over 100 million consumers and an institutional client base of around 13,000. This means that their qualified private banking clients will be able to benefit from many of the same resources and services as the world’s major institutional investors.

6. J.P. Morgan Private Banking

private banking in Singapore
Type of InformationDetails
Website  https://privatebank.jpmorgan.com/gl/en/home
Highlights to note– 2022’s ‘World’s Best Private Bank’
– Believes in making an impact
– Work with world-class advisors, strategists and investors
Minimum Requirement$10 Million
Address168 Robinson Rd,
17/F Capital Tower,
Singapore 068912
Contact Detailshttps://privatebank.jpmorgan.com/gl/en/contact

As the World’s Best Private Bank, J.P. Morgan Private Banking has been working with individuals and their families for more than 200 years to help them achieve their unique ambitions and experience the full possibility their wealth can create.

They are big thinkers and detail fanatics, with world-class advisors, strategists and investors who are designing the entire private banking relationship around you. Their goal is to help you achieve what you envision and make a difference, by helping you create a custom financial plan that puts your money to work toward achieving those goals.

7. Credit Suisse Private Banking

private banking in Singapore
Type of InformationDetails
Website https://www.credit-suisse.com/sg/en/private-banking.html
Highlights to note– Best Private Bank Asia Pacific
– An exclusive network of influential personalities
– Expertise of the financial markets
Minimum Requirement$2 Million
Address1 Raffles Link,
Singapore 039393
Contact Detailshttps://www.credit-suisse.com/sg/en/contact-form.html

As one of the best private banking in Singapore, Credit Suisse Private Banking has been building private banking partnerships for more than 160 years. Their aim is to offer our clients a comprehensive suite of financial solutions, products and advisory services.

Active in over 50 countries, with a significant presence in the Asia Pacific region, Credit Suisse Private Banking constantly strive to put your needs above all else. Apart from helping you with your banking needs, they also provide advisory on the best boarding school options for your children.

Conclusion

Do you have any reviews and comments to share regarding our choices for the best private banking in Singapore?

While SBO is committed to supporting our local businesses, we welcome any feedback and anonymous sharing regarding your experience with the listed private banking in Singapore.

We hope that this guide will be useful in helping you to make an informed decision when it comes to finding the best private banking in Singapore.

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