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Universal Banker salary in Singapore

Average Yearly Salary of Universal Banker in Singapore is approximately 87,967 SGD (43,899 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Universal Banker do?

occupation personasA universal banker is a versatile professional who provides a wide range of financial services to clients. They are responsible for handling customer transactions, opening and closing accounts, processing loan applications, and providing financial advice. Universal bankers also promote and sell various banking products such as credit cards, loans, and investment options. They assist customers in resolving account-related issues, address inquiries, and ensure overall customer satisfaction. Additionally, they may be involved in cross-selling and upselling banking products to meet sales targets.

Skills: universal banker, financial services, customer transactions, account management, sales, customer satisfaction
Job industry: Banking


How much does Universal Banker make?

Salary details
How much does Universal Banker make?
Estimated Yearly Salary: 87,967 SGD
Estimated Monthly Salary: 7,331 SGD
Estimated Weekly Salary: 1,692 SGD per week
Estimated Hourly Salary: 42 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 84,968 SGD
Estimated Monthly Salary: 7,081 SGD
Estimated Weekly Salary: 1,634 SGD per week
Estimated Hourly Salary: 41 SGD per hour
Last revision of data: 2024-01-03



Universal Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 43,899 USD
Estimated Monthly Salary: 3,658 USD
Estimated Weekly Salary: 844 USD per week
Estimated Hourly Salary: 21 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.

Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Universal Banker job salary compared to average salary in Singapore.
Comparison shows that a person working as Universal Banker in Singapore earns on average:
0.92 times the average salary (or 92% of average salary).

Is Universal Banker a well paid job?

Yes, our data show that Universal Banker is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Universal Banker?

High salary for Universal Banker would be somewhere between 96,764 SGD and 127,552 SGD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Universal Banker in Singapore?

Living in Singapore the approximate monthly expenses are: 2,688 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 87,967 SGD
Estimated Monthly Salary: 7,331 SGD
Estimated Weekly Salary: 1,692 SGD per week
Estimated Hourly Salary: 42 SGD per hour
By working as Universal Banker a person can save up to 970 USD per month or 11,643 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Singapore, see costs of living in Singapore.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Malaysia, Indonesia.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Universal Banker

Malaysia is 11,639 USDdown arrow 73%
Details on Universal Banker salary in Malaysia
Indonesia is 6,932 USDdown arrow 84%
Details on Universal Banker salary in Indonesia
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Singapore

(1,400,313 SGD per year, pre-tax.)
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)

Data as of 2025

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