Basic Bank Account that operates just like a Passbook Savings Account

Interest Rates

Benefits

• Interest bearing account if monthly average balance is at least S$1
• Available as a single or joint account
• Withdraw or deposit cash with your Easi-Card at our ATMs and Automated Deposit Machines at all OCBC Bank Branches and Fastlanes
• Update your passbook anytime via our Quick Update machines
• 24-Hour account access through OCBC Internet Banking and OCBC Phone Banking
• Deposit cash into your account using our new non-card deposit facility

Requirements

• Individuals aged 15 years old and above
• Must be a Singapore Citizen or Permanent Resident
• Minimum initial deposit of S$1
• Monthly income of less than S$2,000
• No existing Basic Banking Account with OCBC Bank, including both single and joint name accounts

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.

Fees

• Service fee of S$2 only if monthly average balance falls below S$500

Deposit Insurance Scheme