Overview
MariBank, at a glance.
MariBank is a digital bank headquartered in Singapore, regulated by Monetary Authority of Singapore. The business account has no monthly fee. Opening an account takes 3–5 days. All owners, directors, partners and shareholders of 25% or more must be Singapore citizens, permanent residents or foreigners with Singpass access.
MariBank Singapore Private Limited is a digital full bank licensed by the Monetary Authority of Singapore. Singapore-dollar deposits are insured by the Singapore Deposit Insurance Corporation up to S$100,000 per depositor; foreign-currency deposits are not.
Why businesses pick MariBank
- No account, fall-below or local transfer fees
- Interest of up to 0.88% a year
- Free overseas transfers to 59 destinations in 21 currencies until 31 December 2026
- SGD and USD in one account
- Opened in the app with Singpass
Watch out for
- Every owner, director and shareholder of 25% or more needs Singpass
- No corporate shareholders or corporate partners
- Only SGD and USD balances
- Free overseas transfers are a promotion
Business fit
Will MariBank accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on MariBank's published rules
Likely no
MariBank does not list United Kingdom among the countries where it accepts companies.
MariBank does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What MariBank publishes about the businesses it takes on.
Who MariBank serves
- Startups and SMEs
- Freelancers
- E-commerce
Not supported
Industries and countries MariBank does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use MariBank?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
SGD and USD
- USD
- SGD
Overseas transfers in 21 currencies.
Payment reach
Not published
Who can apply
Company incorporation countries1 countries · show list
- Singapore
Owner nationality
Not publishedOwner residency
Not publishedCompany types
Sole proprietorships, Private limited companies with no corporate shareholder, Partnerships with no corporate partner, Limited liability partnerships with no corporate partner
Pricing
What does MariBank cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Free
Monthly fee
Free
Mari Business Account
SGD 0 per month
SGD 0 setup · SGD 0 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SWIFT / international | Free | No charge · Receiving USD; sender and intermediary charges may apply |
| Outgoing | ||
| SWIFT / international | Free | No charge · Promotion until 31 December 2026; 59 destinations, 21 currencies |
| Local transfer to another bank | Free | No charge |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Download the app
Install the MariBank app; existing Mari Savings customers apply from it.
- 2
Singpass
Start the application with the principal applicant's Singpass.
- 3
Company and people
Confirm the business, its owners and directors.
- 4
Account live
Use the account once MariBank approves it.
Documents you need
Not published
FAQ
Your questions, answered.
Is MariBank a bank?
Yes. MariBank Singapore Private Limited is a digital full bank licensed by the Monetary Authority of Singapore. SGD deposits are insured by SDIC up to S$100,000.
Does the Mari Business Account have fees?
No account fee, no fall-below fee and no local transfer fee. Overseas transfers are free until 31 December 2026.
Who can open a Mari Business Account?
Singapore sole proprietorships, private limited companies, partnerships and LLPs without corporate owners, whose owners and directors are Singapore citizens, PRs or foreigners with Singpass.
Which currencies does MariBank support?
The account holds SGD and USD; overseas transfers go to 59 destinations in 21 currencies.
Alternatives
How MariBank compares.
If MariBank is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 MariBankThis pageDigital bank |  | No feesSGD and USD |
 ANEXT BankDigital bank | | No monthly fee4 currencies |
 UOBBank | | Small businessesForeign companies |
 CIMB SingaporeBank | | Small businessesFree local transfers |
 AspirePayments platform |   | Free planCorporate cards |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.