GXS Bank

One of Singapore's licensed digital banks, offering fully online banking without physical branches. About GXS Bank: GXS Bank is one of Singapore's digital banks, licensed by the Monetary Authority of Singapore, offering savings accounts and other banking products entirely online without physical branches, backed by Grab and Singtel. Key Features: Fully Digital: All banking done through the app, no physical branch visits required. Savings Accounts: Offers savings products, often with competitive interest rates to attract digital-first customers. Grab Ecosystem Connection: Backed by Grab, potentially integrating with the wider Grab super-app experience. Fast Account Opening: Digital account opening process, generally faster than traditional bank branch visits. How to Get Started: Download the GXS Bank app and begin the account opening process. Complete identity verification digitally, typically requiring Singpass. Fund your account and explore available savings or banking products. Manage your account entirely through the app going forward. Important Notice: Digital bank account opening still requires valid Singapore identification (NRIC or FIN) — this isn't accessible for visitors without Singapore residency status.