What is a corporate account, and how does it contribute to the financial management of businesses in Singapore?

A corporate account is a bank account created for businesses and corporations, enabling them to handle their finances, receive payments, and carry out transactions effectively. It helps in keeping business finances separate from personal finances and grants access to specialized business banking services. Singapore, being a renowned financial center, offers a wide range of global financial services, wealth management opportunities, and investment options in a business-friendly and technologically advanced setting.