The SingX Global Virtual Account
One power-packed account which manages all your international payments and global collections
Open an virtual account today and join thousands of businesses, from across the globe. The SingX Global Virtual Account boosts your profitability by reducing expenses on fees, FX markups and through lower operating expenses.
The SingX Global Virtual Account - It is an ideal account for Businesses that need to manage International Payables and Receivables.
Named Virtual Account
Each virtual account comes with a unique virtual account number in your company's name
Payments to and from your virtual account carry your name, ensuring greater transparency and credibility with your buyers and suppliers
Multi-Currency Wallets
Manage funds in 15 major currencies effortlessly - Accept and store funds in multiple currencies, including Chinese Yuan (CNY), USD, EUR, GBP and more
How the Named Virtual Account works
SG Plastics has opened a SingX Global Virtual Account. When a buyer sends funds to SG Plastics, they simply transfer the desired currency and amount to SG Plastics quoting the account number. If it's a SWIFT transfer, the buyer also uses the relevant SWIFT code
When SG Plastics pays a supplier (e.g., Shanghai Plastics), the payment is made as a named wire transfer. This means the sender appears clearly as “SG Plastics” and the recipient as “Shanghai Plastics.” This setup enables seamless fund flows and clear transaction identities on both ends
Why Choose SingX?
Open an account in 3 easy steps
Any business, anywhere can apply. We serve companies globally, no matter where you're based.
Enter your business details
Our business manager will reach out to guide you.
Submit your documents & open your account in 1-2 business days.
About SingX
SingX is a neobank headquartered in Singapore. Established in 2014, we are licensed as a Major Payment Institution by the Monetary Authority of Singapore-enabling us to hold funds, facilitate currency conversions and process global receipts and payments with speed and efficiency. We are also licensed in Hong Kong and Australia.
Safe, Secure and Fully Regulated
Operating under stringent regulatory oversight, in three of Asia's leading financial hubs, SingX partners with top-tier banks to ensure a secure and reliable financial infrastructure. Our advanced technology platform is built for both security and ease of use-delivering a seamless user experience.
Led by Industry Experts
SingX was founded by seasoned professionals with deep expertise in international finance. Together, our leadership brings over 100 years of experience in banking, payments and governance — upholding the highest standards of trust, compliance and integrity.
Built on Integrity, Proven by Results — Discover Why We're Trusted by So Many
