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OCBC

How Much To Open OCBC Account

Updated onJuly 9, 2020

Looking to open an OCBC bank savings account?

The initial deposit can range from S$0 to S$10000.

These accounts can be opened easily through an online form submission or visiting any OCBC branch.


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If you are going to open at the branch near you, bring along:

  • Identification card/Passport
  • Initial deposit money (if any)
  • One of the following documents
    • Phone bill
    • Half-yearly CPF statement
    • Any bank statement

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How Much To Open OCBC Account

OCBC 360

Initial Deposit:
S$1000
Monthly minimum average daily balance:
S$3000
Fall below fee:
S$2 (waived for the first year)

How to open OCBC 360 account:

  1. Online
  2. Internet banking
  3. Visit any OCBC branch

FRANK

Initial Deposit:
Not required
Monthly minimum average daily balance:
S$1000 (applicable to 26 years old and above)
Fall below fee:
S$2

How to open OCBC FRANK account:

  1. Online
  2. Mail
  3. Visit any FRANK Store

Bonus+ Savings Account

Initial Deposit:
S$10000 in fresh funds
Monthly minimum average daily balance:
S$3000
Fall below fee:
S$2

How to open Bonus+ Savings account:

  1. Online
  2. Visit any OCBC Branch

Monthly Savings Account

Initial Deposit:
Not required
Monthly minimum average daily balance:
S$500
Fall below fee:
S$2 (Waived for first year)

How to open OCBC FRANK account:

  1. Online
  2. Internet banking
  3. Visit any OCBC branch

Sources

  • https://www.ocbc.com/personal-banking/accounts/360-account.html
  • https://www.frankbyocbc.com/products/accounts/frank-account/
  • https://www.ocbc.com/personal-banking/accounts/higher-interest-deposit-bonus-plus.html
  • https://www.ocbc.com/personal-banking/accounts/monthly-savings-account.html
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