Premier global savings account

Enjoy flexibility to transact and save in 11 major currencies

Why you will love this

Access up to 11 major currencies with one account

Enjoy competitive rates 24/7 for foreign currency funds transfers

Transact in 10 foreign currencies using your Premier World EliteTM Debit Card without incurring any fees

Who is eligible

OCBC Premier Banking Customers

Apply online
 

Be ringgit-ready for every trip to Malaysia
Learn more

benefits

Instant account opening

Premier Banking customers who have access to OCBC Online Banking can open an account instantly.

Attractive rates for 11 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*.

*Not applicable for MYR

No conversion fees

Use your Premier World Elite™ Debit Card to make transactions in AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, MYR and USD - with no fees incurred. If you have another OCBC debit card, you can also link this account to your card.

Withdraw cash overseas

Save on fees when you use an OCBC debit card to withdraw foreign currency from your Premier Global Savings Account at overseas ATMs.  

HOW IT WORKS

With the Premier Global Savings Account, you get to enjoy the flexibility of saving and transacting in 11 major currencies, with preferential interest rate for 5 selected currencies.

Currency First $100,000 Next $250,000 Next $650,000 $1,000,000 and above
Base interest rates a year
United States Dollar (USD)

0.01%

0.01%

0.03%

0.03%
Australian Dollar (AUD)

0.01%

0.01%

0.03%

0.03%
New Zealand Dollar (NZD)

0.01%

0.01%

0.03%

0.03%
Malaysian Ringgit (MYR)*

1.00%

1.00%

1.00%

1.00%
HOW IT WORKS

With the Premier Global Savings Account, you get to enjoy the flexibility of saving and transacting in 11 major currencies, with preferential interest rate for 5 selected currencies.

Base interest rates a year

United States Dollar (USD)
First $100,000

0.01%

Next $250,000

0.01%

Next $650,000

0.03%

$1,000,000 and above

0.03%

Australian Dollar (AUD)
First $100,000

0.01%

Next $250,000

0.01%

Next $650,000

0.03%

$1,000,000 and above

0.03%

New Zealand Dollar (NZD)
First $100,000

0.01%

Next $250,000

0.01%

Next $650,000

0.03%

$1,000,000 and above

0.03%

Malaysian Ringgit (MYR)*
First $100,000

1.00%

Next $250,000

1.00%

Next $650,000

1.00%

$1,000,000 and above

1.00%

*Applicable for single name account only. Promotional rate applies from now until 30 June 2027. Thereafter, interest on MYR balance will revert to 0.50% a year.

Currency First $500,000 Next $1,500,000 Next $3,000,000 $5,000,000 and above
Base interest rates a year
Chinese Yuan Offshore (CNH)

0.02%

0.05%

0.10%

0.20%

Base interest rates a year

Chinese Yuan Offshore (CNH)
First $500,000

0.02%

Next $1,500,000

0.05%

Next $3,000,000

0.10%

$5,000,000 and above

0.20%

The interest rates shown above are subject to change without prior notice.
You will not earn interest on any balances in CAD, CHF, EUR, GBP, HKD and JPY.

BE RINGGIT-READY FOR EVERY TRIP TO MALAYSIA
Skip the money changer and travel with confidence

Skip the money changer and travel with confidence

Hold, withdraw cash and pay seamlessly in ringgit across Malaysia using your OCBC Debit Card – only with the OCBC Global Savings Account.

T&Cs apply. Foreign currency investments and deposits are subject to inherent exchange rate fluctuation, which may affect their value.

Find out more

Before you apply

Things to note

Fall below fee

Fall-below fee waived

Monthly statements

Paper or e-Statement

Terms and Conditions

Foreign Currency Deposits

Terms and Conditions Governing Deposits Account

Get in touch

Open your Premier Global Savings Account today

Apply online

or visit any of our Premier Banking Centres

Locate a branch

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.

Access up to 11 major currencies

  • AUD
  • GBP
  • CAD
  • NZD
  • CNH
  • USD
  • CHF
  • HKD
  • EUR
  • JPY
  • MYR

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.
    • No foreign exchange admin fee will be incurred for cash withdrawals of MYR and HKD from a Premier Global Savings Account in Malaysia and Hong Kong respectively.

Other overseas ATMs

    • No foreign exchange admin fees will be incurred for cash withdrawals in AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, MYR and USD at any ATM in the country that the currency is denominated in, as long as there are sufficient funds in your Premier 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.