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How can I open OCBC bank account in Singapore?

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Christopher Ramos

Published Feb 28, 2026

How can I open OCBC bank account in Singapore?

Open OCBC Passbook Savings Account today
  1. For Singaporeans and Permanent Residents: NRIC. For foreigners: Passport. Employment Pass (EP); or S-Pass or Student Pass.
  2. Initial deposit: S$1,000.
  3. Include any one of the following documents: Phone bill. Half-yearly CPF statement. Any bank statement.

Keeping this in view, can foreigner open OCBC bank account in Singapore?

The main requirement non-residents must comply with when opening a current personal account in a Singapore bank is to produce a valid confirmation that one is allowed to stay in Singapore for a long period of time, i.e. beyond 30-60 days usually granted by immigration authorities to foreigners visiting Singapore.

Beside above, can I open OCBC account online? OCBC Internet Banking | Account Opening Application.

Herein, can I open a bank account in Singapore online?

If you are an expatriate who is planning to relocate to Singapore, you can apply for a bank account online even before you arrive in Singapore. You can have your account set up and your banking arrangements, such as salary credit and funds transfer, made before moving here to Singapore.

Which is the best bank to open an account in Singapore?

Best savings accounts in Singapore with the highest interest rates

Savings accountRealistic interest ratesBest for
DBS Multiplier0.4% to 0.8% (w.e.f. Jan 2021)Salaried workers
UOB One0.5%No salary credit
OCBC 3600.4% to 0.5%No credit card spending
Maybank Save Up0.48% to 2.93%Loan customers

Can foreigner open UOB bank account in Singapore?

UOB account for foreigners

If you're a foreigner living in Singapore with an Employment Pass, S Pass or Dependant Pass, you'll be able to choose from a range of UOB accounts. However, to open your account you must visit a branch in person - there's no online account option for foreign customers.

How much do you need to open a OCBC account?

Looking to open an OCBC bank savings account? The initial deposit can range from S$0 to S$10000. These accounts can be opened easily through an online form submission or visiting any OCBC branch.

What is best bank in Singapore for foreigners and expats?

5 best banks for Singapore expats (2019)
  • OCBC.
  • CIMB.
  • Maybank.
  • RHB Bank.
  • Bank of China.
  • ICBC.
  • State Bank of India.

What do I need to open a bank account in Singapore?

What documents are required for account opening?
  1. Identification Document. Provide front and back of NRIC.
  2. Proof of Residential Address* Provide the latest copy (within last 3 months) of any of the items below: Local utility bill. Local telecommunication bill. Local bank statement/credit card statement.

Do I need to deposit money to open a bank account?

Bank Account Initial Deposit

When you open a bank account, you'll often need to make an opening deposit. This deposit amount will vary based on the bank and account type. Many checking accounts require a deposit of at least $25, and some may require a minimum deposit amount to avoid fees.

How much deposit do I need to open a UOB account?

Requirement and fees
Eligibility15 years and above
Initial DepositS$500 for S'poreans & SPRs S$1,000 for foreigners
Min. Avg. Daily BalS$500
Min. Bal FeeS$2
Monthly Svc. ChargeN.A.

Which bank is best for savings Singapore?

Best Savings Accounts in Singapore (2021)
  • DBS Multiplier Account. Popular. S$0.
  • POSB Multiplier Account. Popular. S$0.
  • BOC SmartSaver. S$1,500. Min.
  • Maybank Save Up Programme. Welcome Gift. S$500.
  • OCBC 360 Account. S$1,000. Min.
  • UOB One Account. S$1,000. Min.
  • POSB SAYE Account. S$0. Min. Initial Deposit.
  • Maybank iSAVvy Savings Plus Account. S$500. Min. Initial Deposit.

Can I open BDO account in Singapore?

Visit the nearest BDO branch in your area and proceed to the New Accounts section. Inform the bank officer that you would like to open an ATM savings account. You will be given all the necessary forms that you need to fill out for your application.

How can I deposit money in Singapore?

Deposit Cash
  1. Insert your ATM/Debit/Credit Card or Passbook.
  2. Key in your 6-Digit Card PIN.
  3. Select Cash Deposit.
  4. Select your preferred Language.
  5. For deposits into your Personal Account: Select Deposit to Own Account. Select the Account you wish to deposit to.
  6. For deposits to a 3rd Party Account: Select Deposit to Other Account.

Which bank allows online account opening?

HDFC Bank, for example, offers an InstaAccount facility, through which you can open a Savings Account within minutes and without having to worry about verification.

Can I open UOB account online?

Open a UOB Business Account easily

With MyInfo Business, you can apply online in just 5 minutes.

Can a Dependant pass holder open a bank account in Singapore?

To open a bank account, you'll either need to 1) Show proof of your residence in Singapore or 2) Justify your need for a local bank account. Recognised proof of residence in Singapore includes a valid employment pass, dependant pass, or student visa.

How do I open an international bank account?

Opening an account
  1. Proof of Identity. Bring your passport and driver's license or state ID.
  2. Proof of Residency.
  3. Startup Funds.
  4. A student or work visa if you need one for the country.
  5. A university letter or proof of school enrollment.
  6. A letter of employment or employment contract.

Can I keep my bank account if I leave Singapore?

2 replies. yes you can keep you bank account after leaving Singapore, the bank wont cancel it. However, you might need an address to which any correspondence can be sent, and online banking services here are not as developed as in other countries.

Can US citizens open a bank account in Singapore?

Most importantly, it's extremely easy for non-residents to open a bank account in Singapore. Most institutions welcome non-resident customers of all sizes. However, at present it seems that most major banks in Singapore will still open accounts for US residents and citizens.

Can foreigner open trading account in Singapore?

It is possible to open for foreign investors to open a Singapore brokerage account by post. You will need to check the requirements with the firm you want to use, but essentially the key step is usually to have all the account opening forms and copies of your identification documents certified by a lawyer or notary.

How do I open an offshore bank account in Singapore?

7 Considerations to Opening an Offshore Bank Account in Singapore
  1. Determine Why You Need the Offshore Account.
  2. Check If You Have the Required Opening Documents.
  3. Speak to a Tax Advisor.
  4. Check if the Banking Options are Sufficient.
  5. Check Reviews of the Bank's Services.
  6. Compare Fees.
  7. Examine How the Relationship Managers Work.
  8. SingSaver.com.sg Recommends.

Can I open a bank account with no money?

Can you open a bank account with no deposit or minimum balance? If you've been following along so far you probably know that yes, you can open a bank account with no money. You can also do this without adhering to a minimum balance requirement. Yet, not all bank accounts are created equal.

How much does it cost to maintain OCBC 360 account?

Fees and Charges
Minimum Average Monthly BalanceS$3,000
Fall Below FeeS$2 (waived for 1 year)
Monthly Account FeeN/A
ATM Withdrawal ChargesFree (for OCBC ATMs)
Cash Deposit FeeFree

Is OCBC 360 account good?

If you have $75,000, the effective interest rate for the OCBC 360 is decent at 1.03%, even if you do not invest or insure through OCBC. One thing that we like about the OCBC 360 Account is that bonus interest in each area can be earned independently.

Which bank is best to open saving account?

8 Best Zero Balance Savings Account In India
  1. IDFC First Bank Pratham Savings Account.
  2. YES Bank Smart Salary Advantage.
  3. IndusInd Bank-Indus Online Savings Account.
  4. DBS-DigiSavings.
  5. Kotak Mahindra Bank-811 Digital Bank Account.
  6. HDFC Bank - Basic Savings Bank Deposit Account.
  7. SBI - Basic Savings Bank Deposit Account.
  8. Standard Chartered Basic Savings Bank Deposit Account.

What is the minimum amount for OCBC savings account?

Highlights
Citizenship StatusSingaporeans, PRs and Foreigners
Minimum Initial DepositS$0
Minimum Average Monthly BalanceS$3,000
Fall-below FeeS$5
Monthly Account FeeN/A

How much does opening a bank account cost?

While it doesn't cost anything to open an account, a bank can charge fees once you've done so. Some charge maintenance or account fees which are monthly costs you have to pay for having an account. Savings accounts often don't have maintenance fees, though many banks have maintenance charges for checking accounts.

Which account is best for salary?

The following is the list of best 5 salary accounts available in India:
  • Kotak Platina Salary Account.
  • SBI Corporate Salary Package.
  • HDFC Bank Classic Salary Account.
  • Citibank Suvidha Salary Account.
  • Axis Bank Prime Salary Account.

Is OCBC 360 a savings account?

How different is the OCBC 360 Account from other savings or current accounts? The OCBC 360 Account is a deposit account that pays you bonus interest when you do all or any of these: Credit your salary through GIRO. Save and increase your account balance.

Where can I deposit money to OCBC?

The fastest way to deposit cash into your OCBC savings account is through ATM.

OCBC ATMs with Notes and Coins Deposit

  • OCBC Compass One branch.
  • Jurong Point branch.
  • Northpoint branch.
  • Toa Payoh Central branch.
  • Waterway Point branch.

Which bank is most reliable?

Best banks and credit unions:
  • Best overall, best for customer service: Ally Bank.
  • Best overall, best for cash-back rewards: Discover Bank.
  • Best overall, best for ATM availability: Alliant Credit Union.
  • Best overall, best for overdraft options: Capital One 360.
  • Best overall, best for rates: Varo Bank.
  • Best overall, best for tools: Simple.

Which is the largest bank in Singapore?

Development Bank of Singapore

How many bank accounts should one have?

Having up to two bank accounts is ideal, or at best three. But beyond this, it does no good to your money life.

What is the best investment in Singapore?

Here's what I came up with:
  • Dividend-paying Blue Chip Stocks.
  • Funds.
  • Managed Portfolios aka robo-advisers.
  • Retirement Sum Topping-Up Scheme (top up to CPF-SA)
  • Retail Bond e.g. SIA retail bond (5 years)
  • Singapore Savings Bond (SSB)

Which bank has lowest minimum balance?

  • ICICI Basic Savings Account.
  • HDFC BSBDA Small Savings Account.
  • SBI Basic Savings Bank Account.
  • Axis Bank Small Basic Savings Account.
  • Indus Small Savings Account.
  • Standard Chartered Bank's Basic Banking Account.
  • RBL Bank's Abacus Digital Savings Account.
  • IDFC Bank Pratham-savings account (BSBDA)

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