Singapore is a land of opportunities. With a strong and stable economy, good political atmosphere and strict legal policies, it is an emerging inceptive choice for incorporating global businesses. Establishing and legalizing your business in Singapore is simpler if you have the documents.
A business needs a complete corporate bank account to manage daily expenses and savings. Thus, it’s crucial to research thoroughly if your bank offers all the services your business requires. Thankfully, Singapore has some great options, for example, aspire bank Singapore. Here are a few features that make Aspire an attractive choice:
- Accessibility:
As a business owner, you’ll likely have to deal with multiple transactions daily. Therefore, staying updated with your business’ live financial status is essential. Many corporate banks in Singapore, including Aspire, allow users to access and manage their bank accounts through their devices. They usually require a username and password that authenticates the data. With Aspire, you can access your banking-related information on one dashboard embellished with interactive graphs outlining your business’ growth trends.
Additionally, aspire offers unlimited corporate cards for all businesses. Corporate cards are payment cards that a company issues to their employees so they can make purchases on behalf of the company. It makes financial management more efficient, as corporations do not need to rely on one person to approve all business-related transactions.
- Rewards: Banks usually partner with other companies and offer their customers rewards when they buy something from the partner company. Aspire offers 1% cash back on any payment through the Aspire digital card across 20+ popular business platforms.
- Security: This is an essential factor to consider. Luckily with Aspire, you can be assured that your funds are safe with them. All accounts require two-factor authentication, which protects your data from unauthorized entities. Aspire never shares its customer’s information with any third-party organization.
- International business tools:
As a business owner, expanding your reach should be your priority. International expansion is the key to growing your business. You establish an international clientele and turn your business into a global brand. Aspire offers multi-currency accounts that make it easier for your company to accept payments in different currencies, including SGD, USD and IDR. Moreover, you can manage all your accounts from one place. Having a multi-currency account allows you to establish yourself internationally quickly and saves you from mandatory foreign exchange taxes on every currency conversion.
- Automated services:
As a business owner, you must realize that your time is your most valuable asset. With technological advancement, automating repetitive tasks, including those that involve money, has become easier than ever. Always confirm with your bank if they offer services that allow you to automate periodic expenses, like subscription fees, service fees and salary, to name a few. For instance, Aspire offers one such service where you can automate bill submission and schedule bulk payments.
Moreover, the data is synced with your accounting software, so you don’t have to worry about having somebody manually enter transaction details in your digital ledger. It can save a lot of your time and money because you would not need to pay a person monthly to do the work that an automating software can do just as efficiently at a much lower cost.
Aspire is the top banking service in Singapore owing to its customer-friendly services. Its services are intended to help you manage your financial transactions more efficiently and quickly so you can save time and money and focus on scaling your business internationally.
