Foreign Currency Call Account
An account that earns you interest
on your foreign currencies
Earn interest with the following currencies:
- Australian Dollar
- Canadian Dollar
- European Union Euro
- Great Britain Pound
- Hong Kong Dollar
- Japanese Yen
- Swiss Franc
- New Zealand Dollar
Eligibility
- All businesses
Initial deposit, min. balance and fees
Initial deposit & minimum balance
| Currency | Initial deposit | Minimum day end balance to earn interest |
|---|---|---|
| AUD | 10,000 | 10,000 |
| CAD | 25,000 | 25,000 |
| CHF | 25,000 | 25,000 |
| EUR | 5,000 | 5,000 |
| GBP | 5,000 | 5,000 |
| HKD | 500,000 | 500,000 |
| JPY | 1,000,000 | 1,000,000 |
| NZD | 10,000 | 10,000 |
Fees & Charges
Monthly service fee | Monthly service fee will be levied if the average monthly balance for the respective foreign currencies in the foreign currency call account falls below the applicable minimum average monthly balance |
|---|
Interest rates
Interest rates vary based on currency. View all rates
Manage & monitor your transactions easily
Velocity@ocbc (business internet banking)
- Access your account information
- Make payments and collections
- Manage your trade activities
eAlerts@ocbc
Be alerted via SMS or email for
- Account balances and transactions
- Incoming and outgoing funds
- Funds top-up
- Trade transaction status
- Free for first 3 months
Hassle-free payments & services
Foreign currency transfers
Transfer money overseas or in foreign currency with demand draft at a lower cost, or choose telegraphic transfer for faster processing.
Cheque deposit boxes (outside branches)
Get greater convenience of depositing your cheques at selected petrol stations and industrial parks across the island.
See map view
See list
Wide network of branches
56 branches island-wide
Full Sunday banking service
Business & trade service centres
Our dedicated staff at 7 business centres and 4 trade service centres will help you with all your business and trade service needs.
Instant account opening at our branches
Important notice
-
Foreign currency deposit
Where applicable, the Bank will pay interest at its prevailing interest rate for the relevant account calculated on daily balances (excluding late cheque deposits). Interest will be credited at such intervals as determined solely by the Bank from time to time. No interest will be paid if the daily balance falls below the prescribed minimum as may be determined by the Bank from time to time for that account.
Foreign currency investments or deposits are subject to inherent exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency investments or deposits would be dependent on the exchange 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 investment 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.
