S$ cheque or deduct from your account with OCBC or another bank (one-time transfer)
Interest Rates
No interest earned on this account.
Benefits
USD Chequeing Account
A convenient USD Chequeing account for your transactional needs. Settle payments and perform convenient fund transfers with a complimentary cheque book
Requirements
Minimum age is 21 years old
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.
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:
Telephone bill generated by SingTel, M1 or Starhub; OR
Any bank statement (savings, current, credit card or personal credit statement).
Fees
Monthly service fee: US$10 if monthly average balance falls below US$1,000
Account closure fee: US$20 (or equivalent) for account closed within 6 months of opening
Excess fee: minimum charge of US$5 or equivalent
Cheque fee: US$20 per cheque returned for insufficient funds/technical reasons
Deposit Insurance Scheme
Singapore dollar deposits held by or for a non-bank depositor in accounts listed in OCBC Bank's Insured Deposit Register (available at www.ocbc.com/policies) will be insured in accordance with and for up to the limits specified in the Deposit Insurance and Policy Owners' Protection Schemes Act 2011 of Singapore.
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