USD Current Account
Transact in USD seamlessly through cheques and bank transfers
A convenient way to pay, transact and issue cheques in US dollars, all within one account.
This is a non-interest bearing account.
Eligibility requirements
Minimum age
18 years old
Documents required
NRIC and an image of your signature for Singaporeans and Singapore PRs
Passport and a valid pass (e.g. Employment Pass (EP) or S-Pass or Student Pass) for foreigners
Additional document
Include any one of the following documents that shows your residential address
- Phone bill
- Half-yearly CPF statement
- Any bank statement
Fees
Fall below fee
US$10
Exchange rate
Deposit in foreign currency notes is subject to minimum 1% commission-in-lieu of exchange
This fee is not applicable for deposits in S$
Deposit requirements
Initial deposit
US$1,000
Minimum average daily balance for the month
US$1,000
Statement
Monthly statements
Paper or e-Statement
Letters
Important notices
Open your USD Current Account today
or visit us at a branch with these documents.
For Singaporeans and Singapore PRs:
NRIC and an image of your signature
For foreigners:
Passport
Employment Pass (EP); or S-Pass or Student Pass
Initial deposit:
US$1,000
Include any one of the following documents:
Phone bill
Half-yearly CPF statement
Any bank statement
For OCBC customers
You will receive your account number and Online Banking access within 1 working day.
For new customers
Apply at a branch with these supporting documents
-
For Singaporeans and Singapore PRs:
- NRIC
For foreigners:
- Passport
- Employment Pass (EP); or S-Pass or Student Pass
-
Initial deposit:
- US$1,000
-
Additional documents
Include any one of the following documents:- Phone bill
- Half-yearly CPF statement
- Any bank statement
Foreign Currency Deposits
Foreign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. Exchange controls may be applicable from time to time to certain foreign currencies. You should therefore determine whether any foreign currency deposit is suitable for you in the light of your investment objectives, financial means and risk profile. Any pre-termination costs will be deducted from your deposit.
Promotional interest rate
| Currency | Tenure (months) |
Apply via |
| Singapore Dollar (SGD) | 12 | Internet Banking Mobile Banking |