International account provider
OCBC
Singapore bank
A Singapore account plus a Global Savings Account, including a remote route for selected passport holders who plan to relocate. Listed for comparison.
At a glance
- Provider type
- Singapore bank with foreigner / multi-currency accounts
- Legal status
- Bank
- Availability
- Singapore-focused
- Account model
- Multi-currency bank account
- Currencies
- The Global Savings Account supports up to 10 major currencies.
- International transfers
- Debit-card spending, cross-border payments, transfers and FX tools.
- Minimum / eligibility
- Global Savings has currency-specific initial-deposit thresholds. A local statement account is bundled for eligible remote applicants. The workbook does not give a single threshold figure.
- Protection / safeguarding
- Singapore-regulated bank. Foreigners need an eligible passport or pass, depending on the onboarding route.
Is this actually a bank account?
International money-management products can look similar in an app while being legally very different.
Legal status: Bank.
A Singapore account plus a Global Savings Account.
Singapore-regulated bank. Foreigners need an eligible passport or pass, depending on the onboarding route.
Who it may suit
Selected foreign nationals relocating to Singapore. That describes the published focus. It is not a view on whether this account is suitable for you.
Can you open it where you live?
Singapore-focused. Remote pre-arrival onboarding is described for selected passport holders planning to relocate.
Availability: Singapore-focused.
Eligibility may depend on residence, nationality, immigration status or local provider entity.
Which entity holds the account?
The provider brand and the legal account entity are not always the same thing.
Described as a Singapore-regulated bank. Confirm the legal entity named on the account terms.
Account model
A Singapore account plus a Global Savings Account.
Multi-currency bank account. Bank.
Holding money in different currencies
Being able to send a currency is not always the same as being able to hold a balance in that currency.
The Global Savings Account supports up to 10 major currencies.
Receiving salary and other payments
Not publicly stated. Confirm with the provider.
Local receiving details: A local statement account is bundled for eligible remote applicants.
Sending money internationally
Debit-card spending, cross-border payments, transfers and FX tools.
A transfer can involve your provider, a bank in the middle, and the recipient’s bank. The workbook does not publish a live price for those charges.
FX and currency conversion
FX tools are described. Pricing should be taken from the current tariff.
Cards
Debit-card spending is described.
What does the account actually cost?
The total cost can include a monthly account fee, a minimum-balance fee, transfer fees, FX conversion, intermediary bank fees, card charges, ATM charges and a premium plan.
The currency list, eligibility and fees are published. The workbook does not give a single fee figure. Check the current tariff.
Global Savings has currency-specific initial-deposit thresholds. A local statement account is bundled for eligible remote applicants. The workbook does not give a single threshold figure.
Check the provider’s current tariff before opening an account.
What protection applies?
Bank deposit protection and payment or e-money safeguarding are different legal frameworks.
Singapore-regulated bank. Foreigners need an eligible passport or pass, depending on the onboarding route.
The applicable framework depends on the provider entity and jurisdiction. The protection framework depends on the legal entity serving you and where the account is booked.
Will the account still work if you move?
An account may stay as it is, move to another entity, lose some features, stop taking new money, restrict the card, close, or need a new local account. Eligibility can change with residence.
Built around Singapore, including a pre-arrival route for selected passports. Confirm what remains if you later move again.
Questions to ask
Can residents of my country open this account?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Is this a bank account or payment account?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Which legal entity serves me?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Where is the account legally booked?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Which protection or safeguarding regime applies?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Which currencies can I hold?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Which currencies can I receive?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Can I receive salary or pension payments?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Do I get local account details?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Can I make international transfers?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
What FX margin or conversion fee applies?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Are there monthly fees?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Is there a minimum balance?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
What happens if I move country?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Can I keep the account after changing tax residence?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Are there restrictions for US persons or other nationalities?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Can the account hold large balances?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Are incoming international transfers charged?
Confirm the current answer with OCBC. It depends on the legal entity, your residence and the product.
Sources and review
Information is based on publicly available provider information reviewed by WiT Access. Account eligibility, fees, currencies and product terms can change. Reviewed 6 October 2026.