Ƶ

All Countries
Banking
Client Account Agreement

Client Account Agreement Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Client Account Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Client Account Agreement

"Need a Client Account Agreement for a Singapore-based digital banking platform launching in March 2025, with specific provisions for electronic services and multi-currency transactions targeting retail customers."

Celebrated by
Collaborations with
Investors

What is a Client Account Agreement?

The Client Account Agreement serves as the foundational document governing the relationship between financial institutions and their clients in Singapore. This agreement is essential when establishing any form of banking or investment account relationship and must comply with strict MAS regulations and Singapore financial services laws. It outlines the rights, obligations, and responsibilities of both parties, incorporating crucial elements such as service scope, fee structures, risk disclosures, and regulatory compliance requirements. The document is particularly important in Singapore's highly regulated financial sector, where clear documentation of client relationships is mandatory.

What sections should be included in a Client Account Agreement?

1. Parties: Identification of the financial institution and the client

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Services: Description of account services provided

5. Client Instructions: Process for giving and accepting instructions

6. Fees and Charges: Payment terms and fee structure

7. Client Obligations: Client responsibilities and warranties

8. Termination: Conditions and process for ending the agreement

What sections are optional to include in a Client Account Agreement?

1. Electronic Services: Terms for online banking services - include when offering digital banking services

2. Joint Accounts: Terms for jointly held accounts - include when allowing joint account holders

3. Foreign Currency: Terms for foreign currency transactions - include when offering multi-currency accounts

What schedules should be included in a Client Account Agreement?

1. Fee Schedule: Detailed breakdown of all applicable fees and charges

2. Risk Disclosure Statement: Mandatory risk disclosures as required by MAS

3. Account Opening Form: Client information and KYC documentation

4. Electronic Services Terms: Detailed terms for digital banking services

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





























Clauses





























Industries

Securities and Futures Act (SFA): Primary legislation governing securities, futures, and financial services in Singapore, including licensing requirements and conduct of business regulations

Financial Advisers Act (FAA): Regulates financial advisory services in Singapore, including requirements for providing financial advice and handling client accounts

Trust Companies Act: Governs the regulation of trust companies and their operations in Singapore, relevant for client asset management

Banking Act: Primary legislation governing banking operations and services in Singapore

MAS Guidelines on Fair Dealing: Regulatory guidelines ensuring fair treatment of customers in financial services, including transparency and disclosure requirements

AML/CFT Requirements: MAS notices and guidelines relating to Anti-Money Laundering and Countering Financing of Terrorism compliance

Personal Data Protection Act 2012: Governs the collection, use, disclosure, and care of personal data, crucial for handling client information

Contract Law of Singapore: Common law principles and statutory provisions governing formation and enforcement of contracts in Singapore

Electronic Transactions Act: Provides legal framework for electronic transactions and digital signatures

Unfair Contract Terms Act: Regulates unfair terms in contracts and protects consumers from unreasonable contract provisions

Consumer Protection (Fair Trading) Act: Protects consumers against unfair practices and provides additional consumer rights

Arbitration Act: Governs arbitration proceedings and enforcement of arbitral awards in Singapore

FATCA and CRS Requirements: International tax reporting requirements for financial institutions handling foreign accounts

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Current Account Agreement

A Singapore-law governed agreement establishing terms for operating a current account between a bank and account holder.

find out more

Checking Account Agreement

A Singapore-compliant legal agreement establishing terms and conditions for operating a checking account between a bank and account holder.

find out more

Pledged Collateral Account Control Agreement

A Singapore law agreement establishing control over a pledged account as collateral security between an account bank, secured party, and account holder.

find out more

Bank Deposit Agreement

A Singapore-law governed agreement establishing terms and conditions between a bank and depositor for deposit account services.

find out more

Bank Account Control Agreement

A Singapore law-governed tripartite agreement establishing control over bank accounts in secured financing arrangements.

find out more

Collateral Account Agreement

A Singapore law agreement establishing security over bank accounts and their contents, governing rights and control mechanisms between parties.

find out more

Account Control Agreement Collateral

A Singapore law-governed tripartite agreement establishing control over bank accounts as collateral security.

find out more

Checking Agreement

A Singapore law-governed agreement establishing terms and conditions for operating a checking account between a bank and account holder.

find out more

Client Account Agreement

A Singapore-law governed agreement establishing terms and conditions for client accounts with financial institutions.

find out more

Trust Account Agreement

A Singapore-law governed agreement establishing terms for managing trust assets in a designated account, compliant with local trust and banking regulations.

find out more

Letter Of Authorization To Debit Account

A Singapore-compliant authorization document allowing automatic debits from a specified bank account.

find out more

Cash Account Management Agreement

A Singapore-law governed agreement establishing terms for cash account management between financial institutions and clients.

find out more

Time Deposit Agreement

A Singapore-law governed agreement establishing terms for a fixed-term deposit between a financial institution and depositor.

find out more

Notice Of Assignment Of Accounts Receivable

A Singapore-compliant notice informing debtors of the transfer of accounts receivable rights from assignor to assignee.

find out more

Blocked Account Control Agreement

A Singapore law-governed agreement establishing control over a bank account for security purposes.

find out more

Savings Account Agreement

A Singapore-law governed agreement establishing terms and conditions for operating a savings account between a bank and account holder.

find out more

Margin Agreement

A Singapore-law governed agreement establishing terms for margin trading and collateral requirements between financial institutions and clients.

find out more

Blocked Account Agreement

A Singapore law-governed agreement establishing and regulating a restricted bank account with specified release conditions.

find out more

Bank Account Agreement

A Singapore-law governed agreement establishing terms and conditions between a bank and account holder for the operation of bank accounts and related services.

find out more

Securities Account Control Agreement

A Singapore law-governed agreement establishing control rights over a securities account as collateral between a secured party, account holder, and securities intermediary.

find out more

Account Management Agreement

A Singapore-law governed agreement setting out terms for professional account management services, compliant with MAS regulations.

find out more

Joint Account Agreement

A Singapore-law governed agreement establishing terms for operating a shared bank account between multiple account holders.

find out more

Account Pledge Agreement

A Singapore law-governed agreement creating security over bank accounts as collateral for secured obligations.

find out more

Account Opening Agreement

A Singapore-law governed agreement establishing the terms and conditions for opening and maintaining a bank account, compliant with MAS regulations.

find out more

Certificate Of Deposit Agreement

A Singapore-law governed agreement establishing terms for a fixed-term deposit between a financial institution and depositor.

find out more

Account Receivable Purchase Agreement

A Singapore-law agreement enabling the sale and transfer of accounts receivable between parties, typically used for financing purposes.

find out more

Accounts Receivable Assignment Agreement

A Singapore law agreement governing the transfer of accounts receivable from one party to another.

find out more

Deed Of Assignment Of Shares Of Stock

A Singapore law-governed deed that formally transfers share ownership from one party to another.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.