Updated January 2026
Private Banking in Singapore
Compare Singapore's top private banks. Find minimum requirements, fees, and services from UBS, DBS, HSBC, Credit Suisse, and more. S$2.4 trillion in assets managed.
S$2.4T
Assets Under Management
200+
Licensed Wealth Managers
S$1M
Minimum Entry (Local)
#3
Global Wealth Hub
Top Private Banks in Singapore
Compare minimum investments, services, and specializations of Singapore's leading private banks.
DBS
DBS Private Bank
Singapore's Largest
Minimum: S$1 Million
Strength: Asian Markets
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UBS
UBS Wealth Management
Global Leader
Minimum: S$2-3 Million
Strength: Global Diversification
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HSBC
HSBC Private Banking
Cross-Border Expert
Minimum: S$2 Million
Strength: Asia-Europe Corridor
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CS
Credit Suisse
Now part of UBS
Minimum: S$2 Million
Strength: Entrepreneurs
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JPM
JP Morgan Private Bank
Ultra High Net Worth
Minimum: S$5-10 Million
Strength: Investment Banking
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SC
Standard Chartered
Priority & Private
Minimum: S$200K - S$1M
Strength: Emerging Markets
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Why Choose Singapore for Private Banking?
Regulatory Excellence
- MAS-regulated financial sector
- Strong rule of law
- Political stability
- Transparent banking secrecy laws
Tax Advantages
- No capital gains tax
- No inheritance tax
- 13O/13U family office incentives
- Territorial tax system
Private Banking Minimum Requirements
| Bank | Minimum AUM | Annual Fee | Best For |
|---|---|---|---|
| DBS Private Bank | S$1 Million | 0.5-1.0% | Asian market access |
| UBS Wealth Management | S$2-3 Million | 0.75-1.5% | Global diversification |
| HSBC Private Banking | S$2 Million | 0.5-1.25% | Cross-border wealth |
| JP Morgan Private Bank | S$5-10 Million | 0.5-1.0% | UHNW clients |
| Standard Chartered Priority | S$200,000 | 0.25-0.75% | Entry-level private banking |