You need an SGD current or savings account and a Global Saving Account if you wish to perform foreign currencies exchange.
If you do not have a Global Savings Account, you will be prompted to open one.
FOREIGN CURRENCY EXCHANGE
24/7 foreign currencies exchange with S$0 conversion fee
Convert foreign currencies for your overseas transfer, travel payments, online spends, investments and more.
Features and Benefits
24/7 FX for up to 8 major foreign currencies
Convert and transfer/ pay/ invest/ hold AUD, CAD, CNH, EUR, GBP, HKD, NZD and USD seamlessly and securely via the OCBC Digital app.
Attractive exchange rates with S$0 conversion fee
Seize foreign currency exchange opportunities via the OCBC Digital app or Internet Banking.
24/7 access to Wealth Insights
Get the latest updates and insights, curated by our investment experts, into the foreign exchange market
HOW IT WORKS
In order to use the feature, you will need to have an OCBC Global Savings Account. If you do not have one, you will be prompted to open the account first.
RECOMMENDED ARTICLES
You should be thinking about Foreign Exchange (FX) as part of an investment portfolio
FX is not just about changing currencies into that of the country you are visiting. It can also form an important part of your investment portfolio, and you should be aware of its impact.
Awareness of FX impact on your portfolio
In the second part of this series, we examine the impact of currency movements on your investment portfolio.
Positive Outlook on Oil
Re-opening tailwinds and the renewed reach for inflation hedges could benefit oil prices going forward.
before you start exchanging foreign currencies
Eligibility requirements
Account
You must have a Global Savings Account
Online Banking access
Log in to the OCBC Digital app using your login credentials
Important notices
START EXCHANGING FOREIGN CURRENCIES NOW
Log in to your OCBC Digital app
If you do not have the app, you can download the app on the Apple App Store, Google Play Store or Huawei App Gallery.
You can also invest through the OCBC Mobile Banking app (available on Apple App Store).
You can also invest through the OCBC Mobile Banking app (available on Google Play and Huawei App Gallery).
Please download OCBC Mobile Banking app
Otherwise, you can also log in to OCBC Digital through Online Banking
FAQs
Common questions
What account(s) do I need in order to perform foreign currencies exchange?
Can I perform FX Buy/Sell transactions on weekends and public holidays?
You may perform FX Buy and Sell transactions 24/7 (including weekends and public holidays) via the OCBC Digital App.
Can I buy FX in a currency which I do not have in my Global Savings Account?
Yes, you can buy a foreign currency which you do not have in your Global Savings Account. The new currency would be added into your Global Savings Account.
How can I buy or sell foreign currency through the OCBC Digital app?
Follow our step-by-step guide on how to buy or sell foreign currency through the OCBC Digital app.
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.
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.
General Disclaimers
This is for general information and does not take into account your particular investment aims, financial situation or needs. You should seek advice from a financial adviser before committing to a purchase. Otherwise, you should consider the suitability of the product.
We are not making an offer, solicit to buy or sell or subscribe for any security or financial instrument, enter into any transaction or participate in any trading or investment strategy with you through this document. Nothing in this document shall be deemed as an offer or solicitation to buy or sell or subscribe for any security or financial instrument or to enter into any transaction or to participate in any particular trading or investment strategy.
OCBC Bank, its related companies, and their respective directors and/or employees (collectively “Related Persons”) may, or might have in the future, interests in the products or the issuers mentioned herein. Such interests include effecting transactions in such products, and providing broking, investment banking and other financial services to such issuers. OCBC Bank and its Related Persons may also be related to, and receive fees from, providers of such products.
Scan to start trading today!
If you do not have a Global Savings Account, you will be prompted to open an account instantly within the OCBC Digital App or Internet Banking. You can also do this at any OCBC branch.
Tip: Link your OCBC Debit Card (if you have one) during the account opening process and enjoy S$0 foreign currency transaction fee when you use an OCBC Debit Card.