USD Current Account - OCBC Singapore

USD Current Account

Transact conveniently in USD with this account

A USD account with
chequing facilities

Eligibility

Singaporeans, Permanent Residents, or Foreigners aged 18 and above

Transact conveniently in USD with this account

A USD account with
chequing facilities

Eligibility

Singaporeans, Permanent Residents, or Foreigners aged 18 and above

How it works

With the USD Current Account, you get the flexibility of transacting in US dollar through cheque or bank transfers. This is a non-interest bearing account.

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

What you need to know

Minimum age

18 years old

Nationality Singaporeans, Permanent Residents and foreigners
Initial deposit US$1,000
Minimum average daily balance for the month US$1,000
Fall below fee US$10
Monthly statements Paper and e‑Statement available

Apply now

Branch icon

At any branch

What to bring

  1. For Singaporeans and Permanent Residents:
    • NRIC

    For Foreigners:

    • Passport
    • Employment Pass (EP); or S-Pass or Student Pass
  2. Initial Deposit:

    US$1,000

  3. Proof of address (any one document below):
    • Phone bill
    • Half-yearly CPF statement
    • Any bank statement

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.