- Log in at ocbc.com/login.
- Go to ‘What you have (Assets)’ – and put your cursor over the Global Savings Account option.
- Select ‘Add currency’.
- Select the currency you wish to add and follow the instructions.
Global Savings Account
Access up to 10 major currencies in one account
Automatically enjoy 50% off FX spreadFind out more
Save, spend and accumulate foreign currency with no admin fees - all in one account.
Benefits
Instant account opening
Open an account instantly via OCBC Mobile/Internet Banking or at any of our branches.
Attractive rates for 10 major currencies, 24/7
Enjoy $0 admin fee and no fall-below-charge. Get real-time notifications on your desired FX rates using Rate Alerts and lock them in with Auto-Execute Orders.
No admin fees
Opening an account? You will be prompted to link an OCBC debit card (if you have one) to it. Do so to make foreign currency transactions for free.
Limited-Time Promotion
Limited-Time Promotion
Enjoy 50% off FX spread across 10 global currencies
From now till 31 May 2025, enjoy 50% off FX spread for all available currencies including USD, HKD, AUD, JPY, EUR, and GBP. This exclusive offer is applied automatically, no promo code needed!
rates
- Currency
- Next $250,000
- Next $650,000
- $1,000,000 and above
| Currency | First $100,000 | Next $250,000 | Next $650,000 | $1,000,000 and above |
| Australian Dollar (AUD) |
0.01% | 0.01% | 0.02% | 0.02% |
| New Zealand Dollar (NZD) |
0.01% | 0.01% | 0.02% | 0.02% |
| United States Dollar (USD) |
0.01% | 0.01% | 0.02% | 0.02% |
| Currency |
| Australian Dollar (AUD) |
| New Zealand Dollar (NZD) |
| United States Dollar (USD) |
- Currency
- Next $1,500,000
- Next $3,000,000
- $5,000,000 and above
| Currency | First $500,000 | Next $1,500,000 | Next $3,000,000 | $5,000,000 and above |
| Chinese Yuan Offshore (CNH) | 0.01% | 0.05% | 0.08% | 0.15% |
| Currency |
| Chinese Yuan Offshore (CNH) |
The interest rates stated here are subject to change without prior notice.
Existing accounts with CAD, CHF, EUR, GBP, JPY and HKD do not earn any interest.
before you apply
Eligibility requirements
Minimum age
18 years old
Documents required
NRIC and an image of your signature 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$0
Deposit requirements
Initial deposit
- AUD 5,000
- CAD 5,000
- CHF 5,000
- CNH 5,000
- EUR 5,000
- GBP 5,000
- NZD 5,000
- USD 5,000
- HKD 50,000
- JPY 500,000
Minimum end balance required daily to earn interest rate
- AUD 5,000
- CAD 5,000
- CHF 5,000
- CNH 5,000
- EUR 5,000
- GBP 5,000
- NZD 5,000
- USD 5,000
- HKD 50,000
- JPY 500,000
Statement
Monthly statements
e-Statement only
Letters
You will receive electronic versions of Letters for all your relationships/accounts.
Important notices
ways to apply
Open your OCBC Global Savings Account today
or visit us at a branch with these documents.
FAQs
Common questions
How do I add another currency to my Global Savings Account?
How many Global Savings Accounts can I link to my debit card?
Each debit card can be linked to only one Global Savings Account. Once you link your debit card to a Global Savings Account, you can use it to make purchases in the foreign currencies held in the Account.
Learn more about linking a debit card to your Global Savings Account.
I paid using the debit card linked to my Global Savings Account. Why has the amount been charged to my SGD Account instead?
Your SGD account and Global Savings Account might be linked to the same debit card. If that is the case, payment will be charged to your SGD account if:
- There are insufficient funds in the relevant foreign currency in your Global Savings Account; or
- You do not hold the relevant foreign currency in your Global Savings Account.
Learn more about using a debit card linked to your Global Savings Account.
What is the minimum and maximum value of a foreign exchange (FX) funds transfer that I can make online?
The minimum amount that you can transfer from your SGD account to the Global Savings Account is the equivalent of SGD100.
The minimum amount of currencies that you can transfer between accounts – excluding SGD-related exchanges – is the equivalent of USD100.
The maximum amount that you can transfer from your SGD account to the Global Savings Account – and vice versa – is the equivalent of SGD200,000.
The maximum amount of currencies that you can transfer between accounts – excluding SGD-related exchanges – is the equivalent of USD100,000.
1
For Singaporeans and Singapore PRs:
NRIC and an image of your signature
For foreigners:
Passport
Employment Pass (EP); or S-Pass or Student Pass
2
Initial deposit:
$5,000 for AUD, CAD, CNH, EUR, GBP, NZD, USD currencies
$50,000 for HKD currency
$500,000 for JPY currency
3
Include any one of the following documents:
Phone bill
Half-yearly CPF statement
Any bank statement
For new customers
Open your account instantly when you apply with Myinfo via Singpass login.
If you do not have Singpass, you can apply online with these documents
For Singaporeans and Permanent Residents:
NRIC and an image of your signature
Additional documents
Include any one of the following documents:
- Phone bill
- Half-yearly CPF statement
- Any bank statement
or
For OCBC customers
If you have a current or savings account with us, you can apply instantly via Internet Banking with only a few clicks.
Please download OCBC Mobile Banking app
Alternatively, you may log in to OCBC Digital via desktop
Foreign Currency Deposits
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.
Promotional interest rate
| Currency | Tenure (months) |
Apply via |
| Singapore Dollar (SGD) | 12 | Internet Banking Mobile Banking |
Attractive real-time exchange rates
The online foreign exchange function is only available between 8am on Monday and 11.59pm on Friday.
On weekends, you will see an estimated foreign exchange rate when you set up any foreign exchange transaction involving SGD or USD. If you decide to make the transaction, we will process it the next working day at the prevailing foreign exchange rates.
Withdraw cash overseas
OCBC ATM network (Malaysia / Indonesia / Hong Kong)
- Service charge is waived.
- A foreign exchange admin fee of 3.25% applies for cash withdrawals from an SGD-denominated account, except for cash withdrawals in Hong Kong Dollars (HKD) from a Global Savings Account.
Other overseas ATMs
- No foreign exchange admin fees will be incurred for cash withdrawals in AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD and USD at any ATM in the country that the currency is denominated in, as long as there are sufficient funds in your Global Savings Account.
- If there are insufficient funds in the account, and the cash withdrawal is made from your SGD-denominated account instead, a foreign exchange admin fee of 3.25% will apply.
- An additional service charge, which may vary from bank to bank, may be imposed by the bank which operates the ATM.
- Chinese Yuan Offshore (CNH) is not available for purchase or cash withdrawal transactions.
View the list of fees for withdrawing at ATMs overseas in this page.