Current Account

Transact conveniently with a cheque book

Why you will love this

Issue cheques whenever you need to

Manage your regular transactions in a single account

Who can apply

Anyone above 18 years old

Singaporean, Singapore PR or foreigner with a valid pass

The easy way to transact. Issue cheques and manage your day-to-day transactions all in one place.

This is a non-interest bearing account.

before you apply

Eligibility requirements

Minimum age

18 years old

Documents required

NRIC for Singaporeans and Singapore PRs

Passport and a valid pass (e.g. Employment Pass (EP) or S-Pass or Student Pass) for foreigners

Additional document

Include any one of the following documents that shows your residential address

  • Phone bill
  • Half-yearly CPF statement
  • Any bank statement


Fees

Fall below fee

S$7.50

Cheque book fee

S$10.00


Deposit requirements

Initial deposit

S$1,000

Minimum average daily balance for the month

S$3,000


Statement

Monthly statements

Paper or e-Statement




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$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.


How to apply

Open your Current Account today

1
For Singaporeans and Permanent Residents:

NRIC

For foreigners:

Passport
Employment Pass (EP); or S-Pass or Student Pass

2
Initial deposit:

S$1,000

3
Include any one of the following documents:

Phone bill
Half-yearly CPF statement
Any bank statement