Statement Savings Account

Statement Savings Account

An account that comes
with monthly statements

Initial deposit


Minimum average daily balance


for the month

S$2 fall below fee applies


Singaporeans, Singapore PRs and foreigners age 16 and above

How to apply

Amount in account:

First S$350,000

S$350,001 to S$1,000,000

Above S$1,000,000

Statement Savings

0.05% a year

0.08% a year

0.10% a year


As high as

0.25% a year

Read more about

Premier benefits

Find nearest ATMs

Online and Mobile Banking

Track Your Money

Track your spending by category

Your spending is automatically sorted by category so you know exactly where your money is going with Money In$ights.

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Easy payments and transfers

Pay any bank's credit card bills online, transfer money locally and to overseas accounts.

Online Security

Online security guarantee

We guarantee a full refund of any money lost due to online banking fraud.

Find nearest ATMs

Access cash at over 2,000 withdrawal locations islandwide

Find nearest ATMs

Convenient locations

All OCBC and UOB ATMs, participating 7-Eleven stores and NETS merchants.

Find nearest ATMs

OCBC Sunday Banking Service

Sunday at OCBC

Sunday at OCBC

Open every day at 16 branches from 11am to 7pm

A new banking experience awaits you at our 16 full-service 'Sunday at OCBC' branches.

Learn more about Sunday at OCBC


2 ways to apply

Via Online Banking

 For existing OCBC customers

Don't have Online Banking yet? Apply now

At a branch

Please bring along:

for Singaporeans and
Singapore PRs

Passport +
Employment Pass/S-Pass

    Foreigners need to bring:

  • Passport

  • Employment Pass (EP) or S-Pass or Student Pass


for initial deposit

Additional documents

Include any one of the following documents:

  • Phone bill
  • Half-yearly CPF statement
  • Any bank statement
Find nearest branch to apply

Deposit 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$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.