Trust Bank
StanChart + FairPrice; 1M+ users.
- Who holds it
- The company itself — it holds a full banking licence — Bank (StanChart x FairPrice).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from Trust Bank’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Singapore, SG |
| Founded | 2022 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Bank (StanChart x FairPrice) |
| Card | Visa · Debit + credit |
| Cashback | Linkpoints |
| Yield | Competitive savers |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
Verified links: official site ↗
Common questions about Trust Bank
What is Trust Bank?
Trust Bank is a fiat neobank, headquartered in Singapore, SG and founded in 2022. Your money is held custodially, so Trust Bank or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Bank (StanChart x FairPrice)).
Does Trust Bank have a card, and where can you use it?
It issues a Visa debit and credit card. It is available in Asia.
Does Trust Bank require KYC?
Yes. Trust Bank requires identity verification (KYC) to open an account, as a licensed bank.
What does Trust Bank cost?
From the verified fields: cashback Linkpoints; yield Competitive savers. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Trust Bank before relying on them.
Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
Trust Bank appears in
Neobanks that hold their own banking license (132) · Neobanks available in Asia (132) · Neobanks that issue a Visa card (182) · Neobanks in Singapore (12)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.