ocbc logo in building

OCBC Bank Account for Foreigners

Sign up using my referral code “VHQ8FDOS” and both of us will receive a welcome gift of S$15 when you deposit S$1000 within 30 days of account opening, using a bank account in your own name.

You can open a Singapore bank account with OCBC remotely even before you arrive in Singapore.

OCBC offers a Global Savings Account that allows you to make transactions in up to 9 major currencies with no administrative fees. This is a valuable option for foreigners who frequently make international transactions or need to manage money in both their home currency and Singapore dollars.

Eligibility:

to sign up for an OCBC Account from overseas, an individual:

(a) must be at least 18 years old;

(b) must be a valid Passport Holder from either Hong Kong, Malaysia, Indonesia or mainland China; and

(c) must be a new customer to OCBC Singapore

The required documents are straightforward and accessible, which is a major advantage for foreigners who are still in the process of relocating to Singapore and have not obtained an employment or student pass.

Terms and conditions HERE

To open a Singapore bank account with OCBC, you can follow these steps:

  1. Download the OCBC Digital app
  2. Tap on “Sign up” and select “Foreigner with e-passport.”
  3. Prepare your e-passport and ID card for identity verification.

💳 Credit cards change their T&Cs every so often and it is difficult to stay updated. That’s why I created a Telegram Broadcast where you can receive timely bite-sized updates to get the most out of your spending.

💡 We believe in always paying our credit card bills on time and in full. It is only by doing that, can we fully maximise our credit card benefits.

author avatar
lobangsis

Purchases made through links in this article may generate an affiliate commission that helps keep this site running. Found this post useful? Subscribe to our Telegram Channel for more updates!

lobangsis

Audz, your lobang sis shares personal finance to achieve happiness, prosperity and progress for us all.

You may have missed…

Wise multi-currency card and globe representing how to open a Wise account in Singapore
UOB Bill & Tax Super Saver: Earn 6% Rebate on Your Income Tax & Insurance

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Prestige Card
CitiPrestige Card

4th Night Free hotel + complimentary limo rides + 12 Priority Pass lounges yearly. S$120k income, S$651.82 annual fee.

Apply Now →
📅 Valid till 30 Jun 2026
Rewards Card
CitiRewards Card

4 mpd on any online transaction + offline fashion & department stores. No minimum spend.

🎁 Choose 1 Gift

  • Dyson Airstrait™ Straightener
  • 25,000 Max Miles by Heymax
  • Dyson V8 Cyclone Vacuum Cleaner
  • Galaxy Buds 4 Pro + S$150 eCapitaVoucher
  • S$480 Cash via PayNow
Apply Now →
📅 Valid till 30 Jun 2026
INFINITY Cashback Card
OCBCINFINITY Cashback Card

Flat 1.6% unlimited cashback. Stacks with OCBC 360 Account.

🎁 Choose 1 Gift

  • Shark HydroVac 3-in-1 Cordless Wet Dry Floor Cleaner
  • (WD210)
  • 26,000 MaxMiles by HeyMax
  • Apple iPad A16 11-inch
  • S$450 Grab Voucher
  • S$420 Cash via PayNow
Apply Now →
📅 Valid till 25 Jun 2026

Valid for new-to-bank credit cardholders or does not own any of the bank’s credit cards in the last 12 months, unless otherwise stated.

Gift confirmation are usually sent after you have completed rewards redemption form (sent to your email) & fulfilled qualifying spend within stipulated period.

🎁 25 deals