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Key Benefits
  • Access 10 major global currencies
  • Flexibility to withdraw funds at any time
  • No restriction to remit funds into your account and out of Singapore
 
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Access major global currencies with one deposit account!

OCBC Global Deposits offer you transactional flexibility, competitive rates and the opportunity to diversify your investments into major currencies. Benefit from three account types, each designed to meet your specific requirements. With no exchange control restrictions in Singapore, your funds can be easily remitted in and out of the country.

Interest Rates

Click here for the interest rates.

Benefits

  • Access nine currencies with one account
  • Monthly statements showing your transaction details
  • Interest bearing account
  • Start with just one currency or more
  • Make subsequent placements in other foreign currencies with ease

Requirements

  • Minimum age is 21 years old
  • Minimum initial deposit in 5,000 units of the respective foreign currencies except HKD50,000 or JPY500,000 e.g. USD5,000, GBP5,000 is required to open the account.

Apply Now

  • Visit any OCBC Bank branch today with your identity card and the minimum initial deposit to open the account. For non-Singaporeans, please bring your passport and employment pass/work permit.
  • Mail-in Application Form (see below for documents required)

    Documents for Mail-in Application

    • For Singaporean & PR: Copy of NRIC (front & back).
    • For foreigners, copy of passport and employment pass/work permit.
    • If you do not have an existing OCBC deposit account, please submit any one of the following documents latest original document reflecting the same name and address indicated in the application form:
      1. Telephone bill generated by SingTel, M1 or Starhub; OR
      2. Any bank statement (savings, current, credit card or personal credit statement).

Fees

  • No monthly account fee or service charge
  • Account closure fee: US$20 (or equivalent) for account closed within 6 months of opening
  • Excess fee: minimum charge of US$5 or equivalent (AUD 10, EUR 5, HKD 40, JPY 700, NZD 12, GBP 4, CHF 8, USD 5, CAD 8)

Related Links

Please view for information on interest rates and exchange rates


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