To open a StraitsX Business Account, your company must provide supporting documents for identity verification, business legitimacy, and beneficial ownership.

Below is a list of required documents, grouped by category:

1. Organisational Documents

• ACRA Business Profile (Bizfile) – for Singapore-registered entities

• Memorandum and Articles of Association

• Open-source business information, such as:

  • Official website URL

  • Recent annual report or pitch/sales deck

  • Company profile (optional but recommended)

2. Financial Information

• Corporate bank account statement – recent (within the last 3 months) and showing account holder name and number

3. Beneficial Ownership Information

For each identified Ultimate Beneficial Owner (UBO), director, or controlling party, please submit:

• Valid passport or national ID (e.g., NRIC)

  • Must be in color, clear, and with at least 3 months’ validity remaining

• Proof of residential address

  • Dated within the last 3 months

  • Accepted documents include NRIC (if it shows address), utility bill, or personal bank statement

  • Must be in PDF format and clearly display full name and address

Additional Notes

• All submitted documents must be clear and legible.

• Documents not in English should be accompanied by a certified translation.

• Additional documents may be requested by our team during the onboarding process, depending on your company type and jurisdiction.

You can begin your application by contacting us via the StraitsX Business Contact Form.