OCBC bank and Osome have developed a unique service for registering a business and opening an account in one day
The collaboration of OCBC BANK and Osome has created a revolutionary service designed to save the time of those who are interested in opening and developing their own business in Singapore. Now, aspiring business people have the opportunity to incorporate the company and open a business bank account in one day.
OCBC BANK is the oldest bank in Singapore and the second largest in all of Southeast Asia. Also, the bank is the best for small and medium-sized businesses, according to the Euromoney Awards 2019. The bank recently entered into partnerships with Osome, and together the companies developed a revolutionary service for Singapore that allows you to register a company and instantly open a business account on the same day. The whole process takes place online, eliminating the need for customers to visit offices or make phone calls.
The process consists of several steps and is based on the Osome’s application, available both from a desktop and mobile device. The client logs in via Myinfo and downloads all the necessary information in a special secure chat in a few clicks using a chatbot. Then, an Osome expert will guide the client through the registration procedure after answering all the questions. When the company data is provided, Osome will generate and send all documents signed with the electronic signature of the client. The incorporation service also includes such functions as checking and reserving a company name, preparing a company charter, preparing corporate compliance kit, including share certificates and registers, and more. Through the use of artificial intelligence, Osome managed to achieve a company registration time of 38 minutes. The company does not stop there and strive to improve this indicator.
After registration is completed, all data will be transferred to the bank, which will save entrepreneurs from having to re-fill the forms. All you need to do is click on the secure link to open a business account with OCBC Bank immediately. Completing all the step-by-step instructions on the website will take no more than 10 minutes.
In addition to speed and safety, the advantages of the service are in the proposed service conditions. Osome provides various incorporation packages that customers can choose according to their needs and their situation. OCBC Bank allows entrepreneurs to start a business with one of the lowest initial deposits required in the market, and do not receive a minimum balance during the first six months.
Victor Lysenko, founder, and CEO of Osome, said that Osome’s goal has always been to rid entrepreneurs of everyday business maintenance problems. Thanks to cooperation with OCBC, formalities associated with the registration of a company can be completed within one day.
Osome is the Singapore-renowned financial-economic company, which provides bookkeeping and tax services. In addition, Osome offers administration and office management services allowing you to manage your business regardless of location. Customers can get round-the-clock support on any issues In the chat even on weekends, and the response time is approximately 15 minutes.
The company successfully began its activities in 2018, and now, with the support of investors and more than 2,300 customers, it aims to expand and enter new markets. Osome already provides its services in the United Kingdom and Hong Kong.