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BANK RANKING

Private banks in Asia, sorted by documented criteria

5 banks in Asia, compared on 16 criteria from public documents of the banks, deposit protection schemes and rating agencies. Cost sample case: a EUR 1 million securities portfolio. The order follows a fixed points formula; offbnk receives no payment from any of these banks.

How the points are calculated

Positions result solely from a fixed points formula (methodology v1.0). Main parameters and weighting: Security 30, Access 20, Costs 20, Services 20, Transparency and digital 10 (100 points in total); the individual criteria are shown in the table and in the methodology. Where no price list is public, or it gives no price for a part of the cost sample case, that part is not scored and the remaining criteria are scaled to 100 points. Information not found in the documents reviewed scores 0. Banks with less than 70 % of criteria backed by data receive no rank. The basis is publicly available documents of the banks, deposit protection schemes and rating agencies (as of: bank documents and ratings 24 Sep 2026; deposit protection and cost sample case 5 Oct 2026). Equal scores are separated by the higher Security score, then alphabetically. Filters only hide banks and never change points. offbnk receives no payment from any bank in this ranking. The ranking is not investment advice and not a recommendation to choose a particular bank.

Cost sample case: a private client domiciled in Germany holds EUR 1,000,000 in listed shares and bonds for one year in a custody account without a mandate, buys shares 10 times for EUR 20,000 each on a stock exchange outside the bank's home country, and exchanges EUR 100,000 into US dollars once.

Filters only hide banks and never change points. A bank without a published entry amount is hidden by the amount filter.

Bank4 banks1UOBSingapore2Standard Chartered SingaporeSingapore3HSBC Hong Kong PremierHong Kong4Bank of SingaporeSingapore
Total scoreVery good77.5 of 100Costs: not publicGood70.7 of 100Costs: partly not publicGood65 of 100Costs: not publicSatisfactory59 of 100
24/3022/3024/3014/30
Credit rating of the bank 1210/12Fitch: AA-
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Source: United Overseas Bank Limited, UOB - Our Story and exact-entity ratings (checked 13 Sep 2026)

8/12Fitch: A+
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Source: Standard Chartered Bank (Singapore) Limited, Standard Chartered Singapore - About and exact-entity ratings (checked 11 Sep 2026)

10/12Fitch: AA
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Source: HSBC Holdings plc, Credit ratings (checked 7 Sep 2026)

0/12Rating found for the banking group only, not for this bank (as of 11 Sep 2026)
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Source: Bank of Singapore Limited, Bank of Singapore - Who we are (checked 11 Sep 2026)

Statutory deposit protection 106/10100,000 SGD (about 68,951 EUR) · Singapore Deposit Insurance Corporation (SDIC)
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Source: Singapore Deposit Insurance Corporation, Deposit Insurance Scheme (checked 5 Oct 2026)

6/10100,000 SGD (about 68,951 EUR) · Singapore Deposit Insurance Corporation (SDIC)
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Source: Singapore Deposit Insurance Corporation, Deposit Insurance Scheme (checked 5 Oct 2026)

8/10800,000 HKD (about 89,792 EUR) · Hong Kong Deposit Protection Scheme
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Source: Hong Kong Deposit Protection Board, Deposit Protection Scheme (checked 5 Oct 2026)

6/10100,000 SGD (about 68,951 EUR) · Singapore Deposit Insurance Corporation (SDIC)
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Source: Singapore Deposit Insurance Corporation, Deposit Insurance Scheme (checked 5 Oct 2026)

Credit rating of the country 88/8Fitch: AAA
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Source: Singapore Ministry of Finance, Singapore sovereign credit ratings (checked 25 Aug 2026)

8/8Fitch: AAA
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Source: Singapore Ministry of Finance, Singapore sovereign credit ratings (checked 25 Aug 2026)

6/8Fitch: AA-
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Source: Government of the Hong Kong Special Administrative Region, Credit Ratings of Hong Kong (checked 7 Sep 2026)

8/8Fitch: AAA
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Source: Singapore Ministry of Finance, Singapore sovereign credit ratings (checked 25 Aug 2026)

11/208/2011/203/20
Lowest published entry amount 99/9500 SGD (about 345 EUR) · Uniplus Account
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Source: United Overseas Bank Limited, Uniplus Account (checked 13 Sep 2026)

7/9200,000 SGD (about 137,903 EUR) · Priority Banking — deposit and investment route
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Source: Standard Chartered Bank (Singapore) Limited, Priority Banking Services and Privileges — International Terms and Conditions (checked 11 Sep 2026)

9/910,000 HKD (about 1,122 EUR) · Bonds and Certificates of Deposit
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Source: The Hongkong and Shanghai Banking Corporation Limited, Bonds and Certificates of Deposit (checked 7 Sep 2026)

1/95,000,000 USD (about 4,403,347 EUR) · Private banking relationship
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Source: Bank of Singapore Limited, Grow your wealth — Investment products (checked 11 Sep 2026)

Clients resident in the EU 80/8Not found in the documents reviewed0/8Not found in the documents reviewed0/8Not found in the documents reviewed0/8Not found in the documents reviewed
Service languages 32/3English, Chinese
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Source: United Overseas Bank Limited, UOB — Our Story (checked 13 Sep 2026)

1/3English
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Source: Standard Chartered Bank (Singapore) Limited, About Standard Chartered Singapore (checked 11 Sep 2026)

2/3English, Chinese
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Source: Hong Kong Monetary Authority, Register of Authorized Institutions and Local Representative Offices (checked 7 Sep 2026)

2/3English, Chinese
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Source: Bank of Singapore Limited, Schedule of fees and charges (checked 11 Sep 2026)

Costs: not public12/12Costs: not public12/20
Custody and account, per year 12-Not found in the public price list (as of 5 Oct 2026); not scored12/120.2 % a year · 2,000 EUR
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Private Bank custody charge: 2,000 EUR

Source: Standard Chartered Bank (Singapore) Limited, Private Banking Singapore — Schedule of Fees and Charges, July 2026 (checked 5 Oct 2026)

-Not found in the public price list (as of 5 Oct 2026); not scored
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A custody rate is published for bonds and certificates of deposit only.

Source: The Hongkong and Shanghai Banking Corporation Limited, Bank Tariff Guide for HSBC Retail Banking and Wealth Management Customers (checked 5 Oct 2026)

10/120.273 % a year · 2,725 EUR
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Custody fee: 2,725 EUR

Published maximum, including 9 % GST as the bank states it.

Source: Bank of Singapore Limited, Schedule of fees and charges (checked 5 Oct 2026)

10 share purchases of EUR 20,000 5-Not found in the public price list (as of 5 Oct 2026); not scored-Not found in the public price list (as of 5 Oct 2026); not scored
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Source: Standard Chartered Bank (Singapore) Limited, Private Banking Singapore — Schedule of Fees and Charges, July 2026 (checked 5 Oct 2026)

-Not found in the public price list (as of 5 Oct 2026); not scored
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Source: The Hongkong and Shanghai Banking Corporation Limited, Bank Tariff Guide for HSBC Retail Banking and Wealth Management Customers (checked 5 Oct 2026)

1/51.09 % · 2,180 EUR
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Secondary market commission: 2,180 EUR

Published maximum, including 9 % GST as the bank states it.

Source: Bank of Singapore Limited, Schedule of fees and charges (checked 5 Oct 2026)

Currency exchange of EUR 100,000 3-Not found in the public price list (as of 5 Oct 2026); not scored-Not found in the public price list (as of 5 Oct 2026); not scored
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Source: Standard Chartered Bank (Singapore) Limited, Private Banking Singapore — Schedule of Fees and Charges, July 2026 (checked 5 Oct 2026)

-Not found in the public price list (as of 5 Oct 2026); not scored
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Source: The Hongkong and Shanghai Banking Corporation Limited, Bank Tariff Guide for HSBC Retail Banking and Wealth Management Customers (checked 5 Oct 2026)

1/31 % · 1,000 EUR
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Foreign exchange spread: 1,000 EUR

The price list publishes this rate as a maximum.

Source: Bank of Singapore Limited, Schedule of fees and charges (checked 5 Oct 2026)

20/2015/2010/2020/20
Multi-currency accounts 55/5Offered
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Source: United Overseas Bank Limited, Global Currency Account (checked 13 Sep 2026)

5/5Offered
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Source: Standard Chartered Bank (Singapore) Limited, Private Bank Singapore — Interest-bearing accounts, excluding term deposits (checked 11 Sep 2026)

5/5Offered
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Source: The Hongkong and Shanghai Banking Corporation Limited, Bank Accounts (checked 7 Sep 2026)

5/5Offered
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Source: Bank of Singapore Limited, Schedule of fees and charges (checked 11 Sep 2026)

Discretionary mandate 55/5Offered
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Source: United Overseas Bank Limited, UOB Private Bank — Discretionary Portfolio Management (checked 13 Sep 2026)

5/5Offered
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Source: Standard Chartered Bank (Singapore) Limited, Private Banking Singapore — Schedule of Fees and Charges, July 2026 (checked 11 Sep 2026)

0/5Not found in the documents reviewed (as of 7 Sep 2026)5/5Offered
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Source: Bank of Singapore Limited, Grow your wealth — Investment services (checked 11 Sep 2026)

Advisory mandate 55/5Offered
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Source: United Overseas Bank Limited, UOB Private Bank — Investment Advisory (checked 13 Sep 2026)

0/5Not found in the documents reviewed (as of 11 Sep 2026)0/5Not found in the documents reviewed (as of 7 Sep 2026)5/5Offered
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Source: Bank of Singapore Limited, Grow your wealth — Investment services (checked 11 Sep 2026)

Lombard lending (availability only) 55/5Offered
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Source: United Overseas Bank Limited, UOB Private Bank — Credit Solutions (checked 13 Sep 2026)

5/5Offered
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Source: Standard Chartered Bank (Singapore) Limited, Wealth Lending — Secured Overdraft Facility (checked 11 Sep 2026)

5/5Offered
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Source: The Hongkong and Shanghai Banking Corporation Limited, Wealth Portfolio Lending (checked 7 Sep 2026)

5/5Offered
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Source: Bank of Singapore Limited, Solutions — Explore financing solutions (checked 11 Sep 2026)

7/108/107/1010/10
Price list public 41/4Public; prices found for 0 of 3 parts of the cost sample case2/4Public; prices found for 1 of 3 parts of the cost sample case
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Source: Standard Chartered Bank (Singapore) Limited, Private Banking Singapore — Schedule of Fees and Charges, July 2026 (checked 11 Sep 2026)

1/4Public; prices found for 0 of 3 parts of the cost sample case
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Source: The Hongkong and Shanghai Banking Corporation Limited, Bank Tariff Guide for HSBC Retail Banking and Wealth Management Customers (checked 7 Sep 2026)

4/4Public; prices found for 3 of 3 parts of the cost sample case
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Source: Bank of Singapore Limited, Schedule of fees and charges (checked 11 Sep 2026)

E-banking 33/3Offered
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Source: United Overseas Bank Limited, UOB TMRW and Personal Internet Banking (checked 13 Sep 2026)

3/3Offered
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Source: Standard Chartered Bank (Singapore) Limited, SC Mobile App — Singapore (checked 11 Sep 2026)

3/3Offered
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Source: The Hongkong and Shanghai Banking Corporation Limited, Online Banking (checked 7 Sep 2026)

3/3Offered
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Source: Bank of Singapore Limited, Solutions — Financial intermediaries (checked 11 Sep 2026)

App 33/3Offered · iOS, Android
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Source: United Overseas Bank Limited, UOB TMRW and Personal Internet Banking (checked 13 Sep 2026)

3/3Offered · iOS, Android
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Source: Standard Chartered Bank (Singapore) Limited, SC Mobile App — Singapore (checked 11 Sep 2026)

3/3Offered · iOS, Android
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Source: The Hongkong and Shanghai Banking Corporation Limited, HSBC HK Mobile Banking App (checked 7 Sep 2026)

3/3Offered · iOS, Android
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Source: Bank of Singapore Limited, Solutions — Individuals (checked 11 Sep 2026)

Criteria backed by data90 %86 %78 %92 %
Supervisor Shown for information, no points.Monetary Authority of Singapore (MAS)Monetary Authority of Singapore (MAS)HKMAMonetary Authority of Singapore (MAS)
Last verified13 Sep 202611 Sep 20267 Sep 202611 Sep 2026
ProfileView bank profile →Bank website View bank profile →Bank website View bank profile →Bank website View bank profile →Bank website
  1. 1
    UOBSingapore
    Very good77.5 of 100Costs: not public
    • Security24/30
    • Access11/20
    • Costs-
    • Services20/20
    • Transparency and digital7/10
    View bank profile
  2. 2
    Standard Chartered SingaporeSingapore
    Good70.7 of 100Costs: partly not public
    • Security22/30
    • Access8/20
    • Costs12/12
    • Services15/20
    • Transparency and digital8/10
    View bank profile
  3. 3
    HSBC Hong Kong PremierHong Kong
    Good65 of 100Costs: not public
    • Security24/30
    • Access11/20
    • Costs-
    • Services10/20
    • Transparency and digital7/10
    View bank profile
  4. 4
    Bank of SingaporeSingapore
    Satisfactory59 of 100
    • Security14/30
    • Access3/20
    • Costs12/20
    • Services20/20
    • Transparency and digital10/10
    View bank profile

Too little public data for a ranking

Fewer than 70 % of the applicable points are backed by data. The bank's profile shows what was found.