Open an account instantly via OCBC Mobile/Internet Banking or at any of our branches.
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.
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.
From 1 October to 31 December 2025, deposit a min. of US$20,000 in fresh funds into your OCBC Global Savings Account and maintain the deposit for 88 days to get a Zootopia pickleball set.
Register for the promotion via the e-form now!
T&Cs apply. While stocks last. Featured products are for illustration only; actual colours may vary. SGD deposits are insured up to S$100k by SDIC. Foreign currency deposits are subject to inherent exchange rate fluctuation, which may affect their value.
| 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 | 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.
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
Fall below fee
S$0
Initial deposit
Minimum end balance required daily to earn interest rate
Monthly statements
e-Statement only
or visit us at a branch with these documents.
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.
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:
Learn more about using a debit card linked to your Global Savings Account.
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.
NRIC and an image of your signature
Passport
Employment Pass (EP); or S-Pass or Student Pass
$5,000 for AUD, CAD, CNH, EUR, GBP, NZD, USD currencies
$50,000 for HKD currency
$500,000 for JPY currency
Phone bill
Half-yearly CPF statement
Any bank statement
Have a current/savings account with us? Open a Global Savings Account instantly via the OCBC app.
Or do so in only a few clicks via Internet Banking.
For new customers
To apply online, first open a 360 Account or another current/savings account with us. Alternatively, open a Global Savings Account at an OCBC branch.
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 |
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 overseasOCBC ATM network (Malaysia / Indonesia / Hong Kong)
Other overseas ATMs
View the list of fees for withdrawing at ATMs overseas in this page.
