Steer Clear - Open a bank
This facility was recommended when I set up my company in Singapore. As a business payment facility they are useless. I paid money in from a UK bank, took one minute. I then wanted to transfer money out to the same bank, it will take 5 days. I need to pay suppliers but it takes about a week and a mountain of requests, all of which have nothing to do with the original transaction. They will accept money but paying it out is beyond difficult. Why they need to know every aspect of my business is beyond me, its mote like commercial espionage than a simple payment facility.