Making Transfers in Foreign Currencies or Overseas

Telegraphic Transfer

  • The fastest and most secured way for overseas payments and transfers in foreign currencies
  • Same-day processing for submissions up till 6pm for USD via Velocity@ocbc (business internet banking)
  • Fees include commission, agent fees*, commission-in-lieu of exchange* and cable charge (*if applicable)


Login to Velocity@ocbc

or

Download Telegraphic Transfer application form

View full list of fees (via branch)

View full list of fees (via Velocity@ocbc - business internet banking)



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Cheques & Demand Drafts

Foreign currency payment methods that generally takes longer to process.


Cheque (USD cheques cleared
in Singapore)
  • For standard payment
  • Additional charges apply if your cheque bounces
Demand Draft
  • A guaranteed cheque that will not bounce
  • Amount will be deducted directly from your account when a demand draft is issued
View full list of fees (Via branch)





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