Open an OCBC Statement Savings Account and you will no longer need to maintain a Passbook! This account allows you to save, enjoy the flexibility of withdrawals and earn interest.
Make purchases using your Debit Card anywhere in the world with just a signature! The purchases are debited from your account directly.
Deposit cash into your account using our new non-card deposit facility
Requirements
Individuals aged 15 years and above
Minimum deposit of S$1,000
Trust accounts can be opened for individuals below 15 years old, in the parent/guardian's name
For debit card application, individual must be 16 years and above
Apply Now
Visit any OCBC Bank branch today with your identity card and the minimum initial deposit to open the account. For non-Singaporeans, please bring your passport and employment pass/work permit.
For Singaporean & PR: Copy of NRIC (front & back).
For foreigners, copy of passport and employment pass/work permit
If you do not have an existing OCBC deposit account, please submit any one of the following documents latest original document reflecting the same name and address indicated in the application form:
Telephone bill generated by SingTel, M1 or Starhub; OR
Any bank statement (savings, current, credit card or personal credit statement).
Fees
Service fee of S$2 if monthly average balance falls below S$1,000
Deposit Insurance Scheme
Singapore dollar deposits held by or for a non-bank depositor in accounts listed in OCBC Bank's Insured Deposit Register (available at www.ocbc.com/policies) will be insured in accordance with and for up to the limits specified in the Deposit Insurance and Policy Owners' Protection Schemes Act 2011 of Singapore.
Notice
For EasiStart account customers: With effect from 22 January 2010, EasiStart customers can also opt for monthly electronic statements of account, besides paper statement of account. As a result, we have amended Clause 9(A) of the Terms & Conditions Governing Deposit Accounts and the updated Terms & Conditions Governing Deposit Accounts will be effective from 22 January 2010.
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