The 10 AG真人视讯平台 Priority Banking Options in Singapore
If you鈥檙e planning to deposit a huge sum in a bank, you鈥檇 probably want to gain access to banking privileges, right? Well then, what you need is the best priority banking in Singapore.
For today鈥檚 article, we listed every Singapore bank with priority banking services for elite customers. You鈥檒l get to know more about them today and what makes them different from other priority banks.
We鈥檒l start with a quick look at our picks to help you know which bank matches your banking needs, long-term goals, and lifestyle. After that, we鈥檒l go into more detail on each one.
Which Is the AG真人视讯平台 Priority Banking in Singapore for You?
We were able to find 10 priority banks in Singapore, but it鈥檚 worth noting that not all of them can accommodate everyone鈥檚 financial goals and banking needs.
Here鈥檚 a table of the best priority banks in Singapore and whom we recommend them to:
BANK | BEST FOR |
OCBC Premier | Business owners and travellers |
Maybank Premier Wealth | Social butterflies |
DBS Treasures | Ordinary account holders |
UOB Privilege Banking | Travellers |
Citi Priority | Ordinary account holders |
Standard Chartered Priority | Investors who love travelling and shopping |
Citigold | Experienced investors |
CIMB Preferred | Individuals with children |
HSBC Premier | Individuals with children |
RHB Premier | Ordinary account holders |
OCBC Premier and UOB Privilege would be perfect for business owners and frequent travellers as both of them come with generous travel and airfare benefits. You get rewarded for spending overseas as well.
Meanwhile, Maybank Premier Wealth matches the lifestyle of extroverts and social butterflies who love going to parties and formal events to meet new people. There are more things in store for you upon becoming a member!
In terms of investment opportunities, Standard Chartered Priority and Citigold are top picks given their diverse range of investment options. Both of them can definitely help your funds grow.
On the other hand, CIMB Preferred and HSBC Premier come with excellent educational support plans that are great for individuals with children.
Finally, DBS Treasures, Citi Priority, and RHB Premier would be great for ordinary account holders. These three don鈥檛 have attractive perks, but all of them can significantly improve your banking experience.
If you want to learn more about each of these options, read on!
Our Picks for the AG真人视讯平台 Priority Banking in Singapore
Here鈥檚 a closer look at our picks for the best priority banking in Singapore!
1.听听 OCBC Premier

KEY FEATURE | Relatively low required deposit |
SERVICES | Day-to-day banking, time deposits, retirement planning, legacy planning, credit card with lifestyle privileges, unit trusts, home financing, and portfolio financing |
BENEFITS | S$2,750 bonus, priority queues at selected OCBC branches, preferential fees for selected transactions, S$250 worth of cash credit for every referral, opportunity to invest in shares, ETFs, REITs and bonds across 15 global exchange |
ELIGIBILITY | S$200,000 in deposits or join OCBC Premier Private Client with S$1 million in fresh funds |
ADDRESS | 65 #01-00 Chulia St, OCBC Centre, Singapore 049513 |
WEBSITE | |
CONTACT DETAILS | 1800 773 6437 (1800 PREMIER) 65 6530 5930 (overseas) |
OPERATING HOURS | Monday to Friday: 9:00 AM 鈥� 4:30 PM Saturday: 9:00 AM 鈥� 11:30 AM |
As one of the strongest banks in Singapore, there鈥檚 no doubt that OCBC鈥檚 priority banking service would make our list. Here鈥檚 everything you should know about it:
OCBC Premier Banking has a relatively low required deposit compared to other banks, which means that you don鈥檛 need to be part of the upper elite of Singapore in order to qualify for it.
Despite a lower minimum deposit than most, it doesn鈥檛 fall short in terms of privileges. Some of the benefits members can enjoy are cash bonuses, preferential fees for selected transactions, and the opportunity to grow funds through global exchanges.
OCBC Premier Banking also comes with a wide range of enhanced banking solutions tailored to accommodate your wealth accumulation, retirement plans, education plan for your children, and legacy goals.
Regardless of your preferred OCBC bank branch, you wouldn鈥檛 need to fall in line for hours before getting accommodated. There will be priority queues that will make every visit to the bank a lot more convenient.
And if you like credit card rewards, you鈥檙e definitely going to love the OCBC Premier VOYAGE Credit Card. It鈥檚 a lightweight credit card that comes with exclusive lifestyle and travel privileges offered only to OCBC Premier Banking members.
Pros
- Lower minimum deposit
- Enhanced banking solutions
- Excellent customer service
- Comes with lifestyle privileges
Cons
- Complicated application process
2.听听 Maybank Premier Wealth

KEY FEATURE | Invites to parties and events |
SERVICES | Global banking, investment banking, personal banking, foreign currency fixed deposits, dual-currency investments, unit trusts, legacy planning, property financing, and business facility |
BENEFITS | Dedicated relationship manager, transactional privileges, exclusive deals, exclusive invite to parties, birthday treats, client referral programme, and travel perks |
ELIGIBILITY | Deposits or investments worth S$300,000 or more |
ADDRESS | 2 Battery Rd, Maybank Tower, Singapore 049907 |
WEBSITE | |
CONTACT DETAILS | 1800鈥�536 7888 (65) 6536 7888 [email protected] |
OPERATING HOURS | Monday to Friday: 10:00 AM 鈥� 6:30 PM |
If you like attending parties and events regularly, then there鈥檚 no better choice for you than Maybank Premier Wealth. The best aspect of being a member is getting exclusive invites to various lifestyle events all over the island.
That鈥檚 why it comes highly recommended for social butterflies who love going out to meet and connect with people. You will not only get to benefit from its exclusive banking privileges but widen your network through events as well.
However, it鈥檚 worth noting that its banking services may be more suitable for business owners than regular account holders. Its banking solutions include corporate banking, asset management, consumer banking, investment banking, and venture capital financing.
Its members can enjoy banking services not only in Singapore, but in Malaysia and Indonesia as well. It can be a great choice if you鈥檙e a business owner who frequently travels in both countries or other Southeast Asian countries.
Maybank Premier Wealth also comes with a Maybank platinum card that allows members to enjoy shopping and travel benefits, such as access to airport lounges, hotel and dining discounts, and cash withdrawal in local currency, among others.
Pros
- Offers invites to lifestyle events
- Multiple lifestyle benefits
- Highly personalised banking services
Cons
- Its banking solutions are far more suitable for business owners, so unless you鈥檙e one, it鈥檚 probably better to look elsewhere
3.听听 DBS Treasures

KEY FEATURE | Waived fees on overseas transactions |
SERVICES | Online equity trading, forex online trading, wealth management, dual currency investments, equities and stocks, exchanged traded funds, structured investments, and investment financing |
BENEFITS | Emergency cash withdrawals, access to exclusive safekeeping centres, preferential foreign exchange rates, and priority queues |
ELIGIBILITY | S$350,000 in deposits |
ADDRESS | 12 Marina Blvd Marina Bay Link Mall Singapore 018982 |
WEBSITE | |
CONTACT DETAILS | 1800 221 1111 |
OPERATING HOURS | Call their hotline for more details |
DBS Treasures is considered one of the best priority banking options in Singapore due to the endless range of investment opportunities given to every member. It鈥檚 the perfect option for individuals who want to grow their savings through various investments.
Depositors will be able to invest and trade globally, from exchange traded funds down to equities in 12 currencies across multiple global markets 鈥� which is an attractive feature whether you鈥檙e a newbie or experienced investor.
And while it鈥檚 common for banks to offer financial advice to priority clients through a team of financial experts, DBS Treasures also takes it up a notch by supplementing these personal recommendations with digital intelligence.
It also comes with its own mobile application that makes investing even more convenient. You鈥檒l be able to see the entirety of your portfolio, make investments and trades, and get alerts when there鈥檚 a great investment opportunity.
It may not have the same number of attractive privileges as other priority banks in our list, but it has everything that an investor needs in order to diversify and grow a portfolio.
DBS Treasures has set up 11 priority centres for the banking needs of its members, by the way. This means there鈥檚 no need to wait hours in line just for a single transaction,which is just what you鈥檇 expect as a priority client.
Members can even withdraw overseas without shouldering the usual exorbitant exchange and withdrawal fees. That鈥檚 another perk to appreciate.
To qualify for DBS Treasures, though, you need to have at least $350,000 under your name. It鈥檚 slightly higher compared to the previous two picks, but it鈥檚 marketed to investors after all.
Pros
- Comes with wide range of investment opportunities
- Convenient banking through its mobile app
- No fees on overseas transactions
Cons
- Higher minimum deposits required
- Could use a few more privileges on its perks list to be more competitive
4.听听 UOB Privilege Banking

KEY FEATURE | Seven dedicated privilege banking centres |
SERVICES | Wealth management, legacy planning, investment opportunities, global currency account, home solutions, private home loans, international property loans, bond financing, and insurance financing |
BENEFITS | Preferential fees for banking transactions, privilege banking card, travel incentives, overseas privileges, medical and wellness services, shopping vouchers, and birthday treats |
ELIGIBILITY | S$350,000 in deposits |
ADDRESS | 80 Raffles Place, Singapore 048624 |
WEBSITE | 听 |
CONTACT DETAILS | 1800 222 2121 [email protected] |
OPERATING HOURS | Monday to Saturday: 9:00 AM 鈥� 6:30 PM |
UOB Privilege Banking is considered one of the hardest priority banking options to get into because of the rigid application process. However, once you鈥檝e been accepted, you will be able to enjoy an extensive range of benefits, from travel incentives to medical services.
This is the perfect private bank for you if you鈥檙e looking for a balance between banking solutions and banking perks. UOB Privilege Banking鈥檚 services include a foreign currency savings account, home loans, international property loans, and bond financing.
According to its members, UOB Privilege Banking is a great choice as it presents them with different banking solutions to safeguard their money and diverse investment options to grow their savings.
When it comes to banking privileges, members are given priority access to its seven privilege banking centres islandwide, on top of the multiple lifestyle and travel perks.
For example, you can earn up to two miles per dollar spent using its privilege banking card, which is great news for members who love travelling. You will also gain access to airport lounges, be given complimentary airport transfers, and discounts to top hotels worldwide.
If there鈥檚 one thing that makes it really stand out though, it鈥檇 have to be its above-average interest rate, which is currently at 1.88%.
Pros
- Above-average interest rate
- Multiple banking services
- Diverse investment options
- Lifestyle and travel perks
Cons
- High minimum deposit
5.听听 Citi Priority

KEY FEATURE | Low minimum deposit |
SERVICES | Savings account, wealth management, smart investments, insurance, and global banking |
BENEFITS | Preferential transaction fees, free withdrawal worldwide, exclusive hotel and restaurant discounts |
ELIGIBILITY | S$70,000 in deposits |
ADDRESS | 8 Marina View Asia Square Tower 1 #21-00 Singapore 018960 |
WEBSITE | 听 |
CONTACT DETAILS | Click to know how to get in touch with them. |
OPERATING HOURS | Monday to Friday: 9:30 AM 鈥� 6:30 PM |
If you鈥檙e looking for priority banking in Singapore that isn鈥檛 that hard to get, then we recommend checking out Citi Priority. Most banks ask for at least $300,000 to qualify for their priority banking service, but this one requires only $70,000.
Now, Citi Priority may have the lowest minimum deposit for a priority bank in Singapore, but that doesn鈥檛 mean its services and perks fall short compared to others.
For one, it has year-round promos offered to its members, such as discounts at various dining spots like Wan Hao Chinese Restaurant, Marriott Cafe, Crossroads, JAVA+, and Lobby Lounge, among others.
Other perks include preferential rates, priority queues, hotel discounts, free cash withdrawal worldwide, and access to a team of dedicated bankers.
One thing we like too about Citi Priority is that its banking solutions aren鈥檛 catered to just the type of account owner most people imagine making use of priority banking. They match the needs of a regular account holder as well, not just those of ultra-elite business owners and investors.
Aside from typical banking services like savings accounts, corporate accounts, and global banking, Citi Priority has financial planning and digital investment solutions that can help members grow their funds.
Pros
- Travel and dining privileges
- Year-round discounts and promos
- Easy application process
- The lowest minimum deposit for a priority bank
Cons
- Basic perks and privileges compared to competition
6.听听 Standard Chartered Priority

KEY FEATURE | Wealth advisory and insights |
SERVICES | Global banking, investment opportunities, insurance products, online unit trusts, and online trading |
BENEFITS | S$9,000 cash reward, shopping vouchers, air miles, preferential foreign exchange rates, referral bonuses, private concierge, dedicated relationship manager, emergency cash, and free telegraphic transfers |
ELIGIBILITY | S$200,000 in deposits or investments, or S$1.5 million in housing loans |
ADDRESS | Bukit Timah Rd, 795-797, Singapore 269766 |
WEBSITE | |
CONTACT DETAILS | +65 6846 8000 (24-hour hotline) |
OPERATING HOURS | Monday to Friday: 10:00 AM 鈥� 4:00 PM Saturday: 10:00 AM 鈥� 1:00 PM |
When it comes to cash incentives, Standard Chartered Priority is the one to beat. Upon becoming its member, you鈥檒l receive a cash reward worth S$9,000, which is higher than the signing bonus of other priority banks.
One thing to know about Standard Chartered Priority is that the more investment and insurance products you purchase, the more rewards you鈥檒l get. It鈥檚 actually the main reason it earned a spot on our list of the best priority banking in Singapore.
It鈥檚 one of the few priority banks on the island that reward members for choosing to actively grow their money through investments and protect themselves through insurance.
Aside from cash incentives, other rewards that members can receive are KrisFlyer miles, dining promos, and hotel discounts, which are perfect for those who love exploring the island and travelling overseas.
Members of Standard Chartered Priority are also given access to a team of experienced wealth coaches who can give tailored advice according to their long-term financial goals. You can connect with them even from the comfort of your own home.
In addition to that, members are given a suite of options to grow their savings, including investing in bonds, equities, trades, and unit trusts. You鈥檒l even get real-time FX rates anytime and anywhere, making it easier to know how your overseas investments are doing.
All in all, Standard Chartered Priority is the perfect choice for anyone who wants to actively grow their savings while enjoying a long list of lifestyle privileges.
Pros
- 24-hour customer support
- Relatively lower minimum deposit
- Offers air miles as rewards
- More rewards for more insurance and investment products purchased
Cons
- Encourages members to spend in order to enjoy the benefits
7.听听 Citigold

KEY FEATURE | Access to a team of insurance specialist, treasury specialist, wealth manager, service relationship manager, investment specialist, and mortgage specialist |
SERVICES | Global banking, personalised wealth management, wealth and market insights, liquid assets, short-term investments, long-term investment, home financing, foreign currency time deposit, and insurance |
BENEFITS | More than S$6,000 cash incentive, preferential interest rates, free cash withdrawals worldwide, emergency cash while travelling, retail and hotel discounts, travel privileges, dedicated relationship manager, and wealth advisor |
ELIGIBILITY | S$250,000 in deposits |
ADDRESS | 8 Marina View Asia Square Tower 1 #21-00 Singapore 018960 |
WEBSITE | |
CONTACT DETAILS | Click to know how to get in touch with them. |
OPERATING HOURS | Monday to Friday: 9:30 AM 鈥� 6:30 PM |
There are two tiers to Citi鈥檚 priority bank service: Citi Priority and CitiGold. The latter stands as the superior tier, with a higher required deposit and more attractive banking solutions and privileges.
Most priority banks in Singapore can provide only a dedicated relationship manager, but CitiGold gives its members a team made up of a wealth manager, treasure specialist, investment specialist, insurance specialist, and mortgage specialist.
With such a huge team of financial experts, you will receive tested and effective financial advice that can lead to fast and stable growth of your savings. You won鈥檛 have to worry about where to invest your money as your personal team will help you find the right investment options.
There鈥檚 more to it than that, though. Another thing we love about it is the personalised approach to managing your wealth, which means that it鈥檚 up to you how you want your money to grow, whether it鈥檚 through investment or legacy planning.
Like Standard Chartered, Citigold rewards its members whenever they grow and diversify their investment portfolios. Members can also receive up to S$6,000 worth of cash incentives whenever they bring fresh funds into their accounts.
In terms of perks and privileges, Citigold doesn鈥檛 disappoint. Apart from preferential rates and priority queues, you鈥檙e entitled to year-round discounts on various retail shops, hotels and dining spots on the island, including the Marriott Cafe and The Fullerton Hotel.
Citigold and Citi Priority are basically both great options for individuals who want to expand their capital, but if you want more opportunities to do that, then go with the former.
Pros
- Large of team of financial experts for depositors
- Better investment opportunities
- Lifestyle rewards
- Relatively easy application process
Cons
- Its banking services cater more to the needs of already-experienced investors, in our opinion
8.听听 CIMB Preferred

KEY FEATURE | Retirement and education plans |
SERVICES | Investment opportunities, children鈥檚 education plans, retirement plans, regional banking, property loans, dual currency investments, structured deposits, and portfolio financing |
BENEFITS | Access to selected airport lounges, exclusive invites to showcase and lifestyle events, and shopping and dining discounts, preferential transaction rates, dedicated relationship manager, and priority queues |
ELIGIBILITY | S$250,000 in deposits |
ADDRESS | 50 Raffles Place #15-01 Singapore Land Tower 048623 Singapore |
WEBSITE | |
CONTACT DETAILS | +65 6333 1111 |
OPERATING HOURS | Monday to Friday: 9:00 AM 鈥� 6:00 PM |
If you鈥檙e looking for a priority bank that can take care of the future of your family, then look no further than CIMB Preferred. It earned a spot on our list for two main reasons.
First, it鈥檚 one of the priority banks in Singapore with exceptional education and retirement plans. Members are presented with different ways to protect their own and their family鈥檚 future through calculated and effective investment strategies.鈥�
Second, CIMB Preferred uses a personalised approach in managing their customers鈥� wealth. Every member has a designated relationship manager who will formulate a strategy to achieve their long-term goals.
We admit that CIMB Preferred doesn鈥檛 stand out in terms of privileges, though. The perks members can enjoy only extend to airport lounge access, preferential rates, priority queues, invites to events, and dining and shopping discounts.
However, most members tend to look past this as the majority of them are after its excellent retirement and education plans.
If you don鈥檛 care much about banking perks and lifestyle privileges, then we highly recommend signing up for CIMB Preferred.
Pros
- Personalised wealth management
- Relatively low minimum deposit
- Excellent customer service
Cons
- Perks and privileges are a little on the basic side
9.听听 HSBC Premier

KEY FEATURE | Overseas education support |
SERVICES | International banking, financial planning, personalised coaching, international mortgage, time deposits, remittance, personal loans, and wealth management |
BENEFITS | Up to $5,530 cash credits, free cash withdrawals worldwide, dining and travel discounts, and 5% cashback on everyday spending |
ELIGIBILITY | S$250,000 in deposits or a monthly salary of at least S$15,000 |
ADDRESS | 50, #01-03 Raffles Place, Singapore Land Tower, 048623 |
WEBSITE | |
CONTACT DETAILS | 1800 472 2669 |
OPERATING HOURS | Monday to Friday: 9:30 AM 鈥� 5:00 PM |
HSBC Premier is a priority bank that helps to achieve not only your personal long-term goals but your family鈥檚 as well. Here are the reasons it ended up on our list:
It鈥檚 the only priority bank in Singapore that comes with an overseas education support plan for your children if they want to seek better opportunities by studying abroad. It includes a fully assisted enrollment process to increase their chances of getting admitted.
It鈥檚 common for a priority bank to have investment and insurance options. However, HSBC Premier mainly includes just the regular banking solutions that every account holder needs, in our opinion: savings accounts, time deposits, personal loans, and mortgages.
Still, HSBC Premier is generous when it comes to welcome gifts. You can receive up to S5,530 worth of cash rewards upon getting accepted as a member.
It also comes with a Premier Mastercard credit card with a 5% cashback on everyday spending. This is a great offer for individuals who prefer using credit cards when ordering food and buying groceries.
Unlike other priority banks, HSBC Premier鈥檚 rewards are mostly in the form of discounts, cashbacks, and cash incentives. You can earn these by signing up for their insurance and investment products.
Pros
- Spending rewards
- Overseas education support
- No brokerage fees
Cons
- Somewhat ordinary banking solutions
10.听听听RHB Premier

KEY FEATURE | Access to health facilities |
SERVICES | Wealth management, premier plus account, insurance, investments, portfolio financing, and premium financing |
BENEFITS | Dedicated relationship manager, priority queue, complimentary parking, waived fees, healthcare services, and premier banking lounge |
ELIGIBILITY | S$200,000 in deposits |
ADDRESS | #09-08, Ocean Financial Centre, 10 Collyer Quay, Singapore, 049315 |
WEBSITE | |
CONTACT DETAILS | 1800 323 0100 |
OPERATING HOURS | Monday to Friday: 8:30 AM 鈥� 6:00 PM |
This is the only priority bank in Singapore that offers access to VIP healthcare centres. Given how important healthcare is right now, that alone makes it worthy of a spot here on our list!
To be precise, RHB Premier depositors have access to Fullerton Healthcare Group鈥檚 medical facilities. These include dedicated waiting lounges, exclusive rates for health screening services, and even discounted consultation fees.
Other benefits of being an RHB Premier member include preferential rates, exclusive invites to events, and travel privileges. It鈥檚 also one of the few priority banks that waive fees for up to two cashier orders per day.
Of course, its members will get to enjoy priority queueing at all of its branches nationwide too. Complimentary parking may apply for certain bank transactions, even.
RHB Premier鈥檚 banking solutions aren鈥檛 bad either. Members will have a premium account with higher interest rates and no fall-below fees, features that aren鈥檛 present in a regular savings account.
As with most priority banks, there鈥檚 a dedicated relationship manager focused on coming up with strategies to grow and manage your wealth through investments, insurance, and more.
Overall, it鈥檚 a solid pick. Where it falls short would be the special privileges you tend to get with priority banking, as its competitors on this list generally have better offers there.
Pros
- Discounts on healthcare services
- Easy application process
- Reliable customer service
Cons
- No special privileges
The Benefits of Priority Banking in Singapore
For those who don鈥檛 like lining up for hours at the bank, signing up for the best priority banking in Singapore is an extremely attractive option 鈥� but the list of perks doesn鈥檛 end here.
If you鈥檙e not familiar with the perks of getting the best priority banking in Singapore yet, though, we鈥檒l discuss more of its usual benefits in this section.
1.听听 Priority queuing
Clients with priority banking get to skip hours in line and go straight to the private counter. Instead of spending almost half of the day queueing at the bank, everything can be done in a matter of minutes.
2.听听 Higher interest rates
It鈥檚 no secret that interest rates in most banks in Singapore tend to not favour the client. However, the best priority banking in Singapore gives clients access to some of the most attractive interest rates.
3.听听 Better foreign exchange rates
For those who go on frequent travels and business trips, better foreign exchange rates is indeed an attractive perk.
It allows clients to shop overseas without worrying about having to pay higher than the standard exchange rates. More than that, it allows them to purchase or exchange foreign currencies for a lower price!
4.听听 Consultation with a relationship manager
One of the best perks that come with the best priority banking in Singapore is that there will be a manager to assist your transactions and answer all your queries.
By frequently consulting with the bank鈥檚 manager, you can know how and where to invest your money, and how to increase your funds while they鈥檙e sitting in the bank.
5.听听 Waived bank fees
Even if it鈥檚 just a small amount, banking fees do have an effect on your savings. Luckily, by signing up for the best priority banking in Singapore, you won鈥檛 have to worry about paying any sort of banking or convenience fee.
6. Preferential loan packages
When you need a loan for either personal or business purposes, you鈥檒l be presented with different attractive loan packages with low interest rates and flexible tenures.
In some cases, a priority banking client can even be given a higher loan as they鈥檙e seen to be less of a risk due to their huge amount of capital.
FAQs about Priority Banking
Priority banking is mainly for affluent customers who can afford to invest a huge sum of their money into a bank. It can be in the form of cash, savings, fixed deposits, or investments like stocks, bonds, and shares, among others.
In exchange for your huge financial investment, you will be treated as a VIP member with benefits like priority queues, better interest rates, waived fees, and sometimes, lifestyle privileges.
On the other hand, private banking requires higher minimum deposits from interested individuals, which means it targets mostly elite clients. The required deposit usually doesn鈥檛 fall below a million dollars.
Private banking members enjoy a range of wealth management services like portfolio management, estate planning, retirement planning, and legacy planning.
Other banks with priority banking can offer any of these as well, but the selection offered to private banking clients is more diverse.
Finally, the most notable advantage of being a private banking customer would have to be tax avoidance. It鈥檚 certainly one of the top reasons people opt for it.
The minimum deposit for priority banking in Singapore varies from one bank to another. On average though, it typically ranges from S$200,000 to $400,000.
If you don鈥檛 have this amount of money, you may qualify through your monthly salary. Most banks require a monthly salary range of $15,000 to $25,000 to enter their priority banking service.
A relationship manager is a bank professional who provides advice to high-profile clients regarding their investments and financial goals.
Other tasks of a relationship manager include:
鈼徧� Managing their clients鈥� investment portfolio
鈼徧� Generate revenue streams through client management
鈼徧� Connect clients with other financial specialists
鈼徧� Accommodate client requests and inquiries
鈼徧� Oversee credit risk of a client
鈼徧� Conduct KYC reviews and risk assessments associated with听 new clients
鈼徧� Identify and acquire new high net worth clients in order to generate new business
It鈥檚 probably not worth it to sign up for a bank鈥檚 priority services if you don鈥檛 have plans for growing your money through investments and insurance.
The main purpose of priority banks is to provide banking solutions to high-net-worth clients looking for ways to increase their personal and business capital.
While the perks and privileges of a priority banking member are attractive to many on the outside, the primary purpose of priority banking doesn鈥檛 revolve around these benefits.
In simpler terms, priority baking is mostly designed for affluent customers who don鈥檛 mind throwing their money into investments in order to increase their funds.
Anyway, that concludes our list of the options for the best priority banking in Singapore. If you鈥檝e already decided which bank to open a priority account with, tell us all about it!
Oh, and if you鈥檙e also looking for the , we also have a list for those! Check out our list to know the top credit cards on the island that come with exciting perks!