✓ Zero minimums – No initial fee or deposit required
✓ Multi-currency support – Global transactions, simplified.
✓ Seamless accounting – Your banking talks directly to your books.
Trusted by over 450,000 businesses worldwide
Stop chasing receipts. Your Sleek Business Account syncs transactions automatically for hands-off bookkeeping.
Issue Visa-powered virtual cards instantly. Set spend limits for your team and manage company expenses right from your phone.
Save up to 85% on transaction fees. Send and receive money in 12+ currencies with competitive FX rates starting from 0.2%.
A single platform for banking, accounting, compliance, and bookkeeping with SleekBooks.
Best for: Founders who only need company registration and basic compliance
Company Incorporation
Company incorporation with accounting and tax handled
Best for: Businesses that want accounting and tax handled from the start.
Best for: Businesses that need full compliance plus a Singapore registered address
Best for: Overseas founders who need incorporation, compliance, & a short-term nominee director
Best for: Foreign founders who want ongoing compliance and a full-year nominee director
Exclusive fast-track for Sleek customers (1–3 working days).
Manage 30+ currencies in one powerful dashboard.
Earn up to *3.45% p.a.** on idle funds with Aspire Yield.
Get S$250 cashback when you open and fund your Aspire account.
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| Feature | Sleek Business Account | Aspire (Partner) | Traditional Banks |
| Best For | Effortless Admin: Integrated banking, accounting, and compliance. | Scaling Operations: Advanced spend management and cash yields. | Legacy Services: Physical branch access and manual banking. |
| Setup & Fees | S$0 (Free forever) | S$0 | S$10 – S$100+ / month |
| Accounting | Native & Automated: Real-time sync with SleekBooks. | Smart Export: Syncs with Xero / QuickBooks. | Manual: Periodic statement uploads required. |
| Spending | Visa Virtual Cards: Immediate digital spending. | Unlimited Cards: Granular team spend controls. | Physical Only: Slow issuance & limited tracking. |
| Sleek Priority Support | Dedicated Support: Direct access to experts via your dashboard. | Partner Support: Dedicated assistance for Aspire-Sleek users. | Automated Lines: Long wait times and general call centers. |
| Security | MAS-Licensed: Funds protected by DBS Bank. | MAS-Licensed: Funds protected by Tier-1 banks. | MAS-Licensed: Funds held internally. |
MAS-licensed accounts protected by DBS Bank via segregated accounts. Your capital is always safe.
Andrew Lai
Sophie Chhuon
Founder, POASIA
“We have recently engaged Sleek as our corporate secretary and accountant, so far we are happy with their service. The team as been very proactive, and managed our requests. Thanks Sleek team for the professionalism!”
Mirela Angelescu
Managing Partner, Heraldist
Eric Delplanque
John-Guy Park
Founder & CEO, Workfutur Pte Ltd.
Sheila Karpe
Founder, Unearth Balance
Singapore-incorporated companies are encouraged to open a local bank account, especially if they are actively trading. You are typically expected to:
Open a local account within 1 year of incorporation for operational activities
The timeline varies based on the type of account:
Sleek Business Account (SBA): Approximately five working days from the time of company incorporation or subscribing to a Sleek service.
For traditional bank accounts, you’ll typically need:
For the Sleek Business Account, no documents are needed at the application stage. Sleek uses documents already submitted during incorporation or service onboarding. However, additional KYC/KYB documents may be requested in accordance with MAS regulations.
Foreign applicants will need:
Yes, you can open multiple business accounts. This is often done to:
Each account must go through the respective institution’s onboarding process.
No. Sleek is not a bank. It is a Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) under licence no. PS20200521.
Yes. All client funds are held in a segregated customer account with DBS Bank Ltd. Sleek is not permitted to access or use these funds for its own operations.
Yes. SBA supports multi-currency wallets for up to 12 currencies, including SGD, USD, and EUR. This makes it ideal for international businesses.
Absolutely. You can use your SBA to send and receive local and international transfers via FAST and SWIFT. Cash and cheque transactions are not supported, in line with virtual account norms.
Helpful guide: How To Transfer & Receive Funds in Singapore Via PayNow
No, outbound GIRO payments are not currently supported. You can still receive incoming GIRO credits. For recurring transactions, use FAST and save beneficiary details for faster processing.
No, SBA currently doesn’t support direct integration with Xero. However, if you’re subscribed to Sleek’s accounting services, your dedicated accountant will manually update Xero for you using your transaction data.
