Singapore is outside SEPA, requires at least one director and asks foreign founders to register through a corporate service provider. Below is what ACRA and the EPC say, before any provider is involved.
What the Singapore registry and the SEPA scope list say for a company with foreign owners.
Every Singapore company must have at least one director.
ACRA says foreigners must use a corporate service provider to reserve a name and register their business structure.
Singapore does not appear in the EPC list of SEPA scheme countries and territories (v8.0), so it is outside the SEPA schemes' geographical scope.
Choosing company directors & other key officers — ACRA
Foreigners registering a business: local residency requirements — ACRA
EPC List of SEPA Scheme Countries v8.0 — European Payments Council
Fact sheet last reviewed 2026-09-26. Jurisdiction rules are confirmed against the sources above; a provider's own requirements differ and are confirmed by the provider.
Tell us about your structure, activity and payment needs — the essentials, not a full application.
We assess the structure and requirements against what providers typically accept before recommending a direction.
We identify a suitable regulated provider and explain what is realistically available for your case.
You complete official KYC/KYB directly with the regulated financial provider — not with Latynex.
The provider makes the final decision and activates the account. We stay involved if anything needs coordinating.
Latynex is not a bank or electronic money institution. Financial accounts and payment services are provided by independent, regulated financial institutions. Final eligibility and approval are determined by the selected provider, following its own KYC/KYB review.
Singapore does not appear in the EPC list of SEPA scheme countries and territories (v8.0), so it is outside the SEPA schemes' geographical scope.
Not yet on a confirmed basis — Latynex is expanding provider coverage here. Your case is still reviewed on submission; where a suitable match exists we make the introduction, and where one doesn't yet, we say so plainly rather than promising one.
No. Latynex is not a bank, EMI or payment institution. We review your case and, where suitable, introduce it to an independent, regulated financial provider who handles the account itself.
No. No introducer can guarantee a banking or payment-account decision. The provider you are introduced to runs its own KYC/KYB review and makes the final call under its own policies.
Typically: certificate of incorporation, register of directors and shareholders, proof of UBO identity and address, a description of business activity, and evidence of source of funds. Exact requirements vary by provider.
Setup and ongoing fees vary with jurisdiction, ownership structure, business activity, expected turnover and compliance profile. The provider discloses its fees before you proceed, and any Latynex advisory fee is disclosed separately.
No obligation — we review your case and respond with a straight answer.
Tell us about your company and payment needs — we review the case and point you to a provider genuinely suited to it.
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