Business Foreign Account

Business Foreign Account

Banking on our expertise for assurance

Why you will love this

Low minimum balance requirement

Accounts in various currencies to suit your business needs

Instant OCBC Velocity token issued upon account application

Who can apply

All companies incorporated outside of Singapore

For all other businesses, please apply for the Business Growth Account

Additional eligibility criteria may apply

 

Before you apply

Eligibility requirements

Type of business
All businesses incorporated outside of Singapore
For all other businesses please apply for Business Growth Account
Additional eligibility criteria may apply

Fees and charges

Account Set-Up Fee (One-time)
US$2000
Monthly account fee (regardless of number of accounts)
S$50 per month for SGD Chequing Account, US$50 per month for Multi-Currency Business Account
Waived for first 2 months
Full pricing guide and service fees

Expanding your business to Malaysia?
Expanding your business to Malaysia?

Leading your business' expansion to Malaysia? We are ready to support you in capturing new business opportunities in Malaysia with our extensive local knowledge and innovative cross-border banking solutions.

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Additional Information

Deposits Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.



Insured Deposits Register

Download register of insured deposits document for more information.

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