Exceptional customer service! Easy account opening 24/7 with no branch visit required. The virtual account and card have been extremely helpful for our operations in Singapore. I've already recommended Aspire to friends who have asked us.
Co-Founder & CEO, Laiba
Exceptional customer service! Easy account opening 24/7 with no branch visit required. The virtual account and card have been extremely helpful for our operations in Singapore.
Founder & CEO, MyCash
Commonly asked questions
Who is eligible for an Aspire Account?
All entities registered in Singapore with ACRA are eligible to apply.
The applicant must be the director of the business.
The director does not need to be a Singapore citizen, so foreigners are eligible to apply as long as their entity is registered in Singapore with ACRA.
What documents do I need to submit to apply?
All you'll need is your director’s identity document (Passport, EP, DP, Work Pass, or NRIC). Alternatively, you can apply via MyInfo (Singpass)
Do I need to be physically present to open an Aspire Account?
No, you can open your account 100% online. No physical branch visit required.
How long will it take for my account to be approved?
Accounts with all required documentation are approved within a few working hours. Should we need additional documents, Aspire will reach out. Upon approval, you will be able to use your account and card to transact immediately.
What are the fees involved for opening an Aspire Account?
Opening an Aspire Business Account is completely free. There are no monthly, fall-below, or hidden fees. We take a transparent approach towards transaction pricing, which you can view here.
How is the money in my account secured?
Your funds are kept strictly segregated in a trust account with a tier-1 bank which is safeguarded in accordance with the Payment Services Act, following guidelines set out by the Monetary Authority of Singapore (MAS).
Consumer advisory - Aspire FT Pte. Ltd. is currently exempted from holding a licence to provide payment services under the Payment Services Act (No. 2 of 2019). You can find the list of exempted entities here. Credit lines to businesses are issued by Aspire Financial Technologies Pte. Ltd, which is an exempted moneylender under the Moneylenders Act (Cap. 188). Visa cards are issued and powered by NIUM Pte Ltd. Consumers and cardholders are advised to read all terms and conditions which can be found here.