USD Current Account

A USD account with chequebook

Initial deposit

US$
1,000

via S$ cheque,
deduction from your OCBC account
or one-time transfer from another bank

 



Minimum average daily balance

US$
1,000

for the month

US$10 fall below fee applies

 

 



Eligibility

Singaporeans, Singapore PRs and foreigners age 18 and above.
How to apply

  • Flexibility of issuing cheques in US Dollars
  • Initial deposit US$1,000 via S$ cheque, deduction from your OCBC account, or one-time transfer from another bank
  • This is a non-interest bearing account.

*Deposit in foreign currency notes is subject to minimum 1% commission-in-lieu or exchange. This fee is not applicable for deposits in S$.

Apply at any of our branches

Please bring along:
1
NRIC

for Singaporeans and
Singapore PRs

OR

 
 
Passport +
Employment Pass/S-Pass

Foreigners need to bring:

  • Passport

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

2
US$1,000

for initial deposit

3
Additional documents

Include any one of the following documents:

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

Important notices

Foreign currency deposit

Foreign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency deposits would be dependent on the exchanges 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 deposit 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.