ApexBusinessClub:
ABC - The Global Financial Tool
Astra Capital is the program manager of ApexBusinessCard “ABC” and is responsible for the building and facilitating of membership recognition and relationships between Asian entrepreneurs, enterprises and accredited investors. The ABC ecosystem is set up to fund enterprises by members for members. ApexBusinessClub members have exclusive access to tools for various online financial solutions.
Online Financial Services
ABC Gold Members have at least thirty (30) kilograms of 999.9% pure gold bars in custody at ABC appointed custodian banks in Singapore and Hong Kong. ABC Gold Members have a minimum deposit of USD 2 million in cash, equities, gold or its combination.
ABC Gold Members gain acceptance of membership by respective financial institutions through their stringent KYC “Know Your Customer” compliance process ensuring that members who are not in any way offending AML “Anti-Money Laundering”, CTF “Counter-Terrorism Financing” and of good conduct.
The targeted first 300 ABC Gold Members are Asian entrepreneurs who have global business transactions. ABC membership gives them the convenience, recognition and security in their international business dealings and travel. ABC Gold Members total AUM is forecasted to be above USD 600 million.
ABC Gold Card Members get these FIVE services - FREE OF CHARGE!
Usual cost for these services is USD 20,000 Twenty Thousand Dollars
1
Set up and management of a Singapore HQ Company
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Online incorporation of a Singapore HQ Company within 24 hours
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Nominee local directorship and company secretary provided
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Accounting and tax submissions to company registry and tax dept
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Registered office address and legal agent service provided
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All KYC and approval processes are done online - need not be in Singapore!
Usual total cost USD $8,000 - ABC Gold Members enjoy free of charge!
2
USA and UK Offshore Online Bank Accounts
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IBAN bank accounts in the US and UK for USD, EUR, GBP and other currencies
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Digital KYC and onboarding in minutes in the comfort of your office and home
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No travel and appointment with the banks in person - saving time and cost
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Payments in ACH, SEPA, SWIFT and ABC Gold Members to Members
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Round the clock 24 hours, 7 days a week, 365 days a year service
Usual total cost USD $3,000 - ABC Gold Members enjoy free of charge!
3
Singapore Online Business Banking Account
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Asia top banking city’s bank account that is safe, steadfast and strict
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Most suitable for global trading business especially eCommerce
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Accepts global payments in various currencies and systems
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Remits payments globally within minutes without restrictions
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Online fund management and can be linked to online accounting
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Online KYC and approval process with full clearance and compliance
Usual total cost USD $3,000 - ABC Gold Members enjoy free of charge!
4
Global Online Virtual Credit/Debit Visa/Mastercard
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Accepted at 400 million merchants in over 200 countries
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Spending limits set by member and bank balance
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Use for all business needs like travel, purchases, entertainment, payments
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Multiple currency to take advantage of real time local exchange rates
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Track and manage expenses and disbursements
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Create multiple virtual cards for different category of use
Usual total cost USD $3,000 - ABC Gold Members enjoy free of charge!
5
North America Area Trade Finance Account
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ABC Gold Members get up to 5 times of AUM for trade finance funding
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Tax efficient North America Area for global trade finance funding needs
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Get favorable terms from suppliers and conserve company’s cash
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Cut hefty capital cost for pre-delivery deposits and full funding
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Do back-to-back transactions to save costs, cut risks, make more
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Bank Guarantee (BG) - the guarantee for loans, projects, performance
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Standby Letter of Credit - (SBLC) - guarantee for long term orders, loans
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Documentary Letter of Credit - (LC) - facilitate trade without cash deposits
Usual total cost USD $3,000 - ABC Gold Members enjoy free of charge!
I want to find out more about ABC, send me more information!
FAQs
Congratulations!
You are thinking about taking your business to the next level. However, before expanding into a new international market, there are lots of challenges to consider, especially for SMEs and startups. The decision to go global is a huge step so being well prepared is very important for success.
For SMEs and startups looking to do so, opening a multi-currency global bank account can be a powerful expansion tool and an essential first step for growth. Before diving into what a global account is and the benefits of it, it is crucial to understand the differences between traditional, digital and virtual banking.
1 / What is Traditional Banking?
Traditional banking is often described as a bank that has a physical presence with a local banking license. These banks have been around for a very long time, have physical branches and offices in multiple places and many employees around the world. They mainly provide in-person banking and financial services such as opening a bank account and conducting a bank transfer. Over the past two decades, digital banking has disrupted traditional banking. Nowadays, most major banks around the world have a digital function. These banks have introduced online banking to adapt and keep up with the changes.
2 / What is Digital Banking?
Digital Banking involves the digitalisation of traditional banking products, processes and operations to serve customers through online platforms. Customers can easily conduct simple banking activities digitally through banking apps and web platforms on their devices. With the introduction of digital banking, customers can now access and manage all traditional services without the need to visit a physical bank branch. This saves them the hassle and offers greater convenience. Traditional banking requires a lot of paperwork, while digital banking is paperless and operated through an online platform.
3 / Digital Banking vs Virtual Banking
On the other hand, virtual banking is newer and more disruptive. In the past few years, many SMEs and cross-border companies opted for virtual banks when expanding abroad due to accessibility, flexibility, convenience and much more. SMEs often struggle to create a foreign bank account due to the onerous requirements by the banks. These major traditional banks charge ridiculously high fees for international transfers along with slow processing time and complicated procedures. Moreover, these banking transactions must take place during business hours, which may potentially cause delays. The introduction of virtual banking has taken the banking industry and financial sector by storm.
4 / What is Virtual Banking?
Virtual banking, a form of banking driven by FinTech innovations, exists fully online. These virtual banking service providers have no physical branches within a community or country. Everything can be operated virtually. From registering an account to day-to-day transactions and operations, customers do not need to interact with anyone in-person. Virtual accounts offered by fintech companies like the TranSwap Global Bank Account are designed to remove barriers and pave the way for SMEs to grow internationally.
5 / What does a Global Account offer?
The Global Bank Account allows our customers access to a free virtual bank account in Singapore, United Kingdom, United States, the European Union, Hong Kong, Indonesia and more. Additionally, our customers are also able to enjoy numerous benefits such as: 1. Flexibility: Everything is instant. You can pay, receive and hold up to 34 currencies anytime and anywhere. 2. Save on FX costs: You can easily convert and hold the currency when the exchange rate is in your favor. As a business owner, you spend less time worrying about currency fluctuations and unreasonable conversion fees. Instead, spend more time on growing the business and gaining an upper hand in managing foreign exchange volatility. 3. Centralized Account: You can save the hassle of juggling between multiple bank accounts to make global transfers. Our customers can access and track business finances anywhere in one single platform. You can make money transfers on the go. 4. Effective and convenient: For businesses looking to expand abroad, this would be a hassle-free alternative to securing local bank accounts in each country of operation. Need to pay a supplier in Singapore? Have a client in Hong Kong? You can manage cash flow smoothly and bolster your competitive advantage in local markets by paying and receiving money in local currency. 5. Cost-Effective: You can easily make international transactions with zero hidden costs and not having to maintain a minimum account balance. 6. Improved Digital Banking Experience: You never have to visit a physical branch and everything is paperless. You can avoid complicated forms or slow procedures. 7. Safeguarded Funds: As a global fintech company, TranSwap is regulated and licensed to handle money by central banks and regulators around the world. All funds are securely held with major global financial institutions. Most importantly, a global account makes it simple to ‘Go Global’. Ambitious business owners can now easily deal with international customers, suppliers and partners. For many SMEs and startups, a global account can act as a catalyst for global expansion.
6 / So how do I get started?
Register for a ABC Gold Member Account in 4 Simple Steps: 1. Sign up for a ABC Gold Member account 2. Submit Form 3. Wait 2 business days for your account to be processed. 4. Your global account is ready! You can start paying, receiving and collecting money from anywhere in the world. If you are thinking about expanding and taking your business to the next level, opening a global bank account is a good start. It offers flexibility, functionality, transparency, accessibility, and cost-effectiveness. XXXX’s multi-currency global account is easy to register and it only takes a few minutes to set up. Click on "Apply to be ABC Gold Member" Now.
Register for a ABC Gold Member Account in 4 Simple Steps:
1. Sign up for a ABC Gold Member account
2. Click on 'Apply to be ABC Gold Member' button.
3. Wait 2 business days for your account to be processed.
4. Your global account is ready! You can start paying, receiving and collecting money from anywhere in the world.
If you are thinking about expanding and taking your business to the next level, opening a global bank account is a good start. It offers flexibility, functionality, transparency, accessibility, and cost-effectiveness. XXXX’s multi-currency global account is easy to register and it only takes a few minutes to set up.