If you are a Malaysian or a foreigner in Malaysia but wish to open a bank account in Singapore for your business operation. Here is what you can do. Before you open a bank account, the general rule of thumb is to always reserve your decision until you first scout around and conduct a bit of research and weigh your options. This is due to the fact that the banks in Singapore offer various services to corporations. Among the features you can expect would be credit cards, multi-currency accounts and trade financing, to name a few.