OCBC Bank华侨银行

Singapore 传统银行 In-branch required Non-residents OK ★ 3.7
Minimum depositNon-residents usually S$1,000
Monthly fee~S$0-2/mo
Minimum balance~S$2/mo if below S$3,000
How to apply—
Processing time~1-2 hours (appointment)
Institution typeTraditional Bank
Data baseline 2026-10. Editor-verified, but rules change — confirm with the official site before applying. Data transparency →

About this bank

Advantages

  • Relatively friendly to new immigrants and expats
  • Good tiered deposit-rate rewards
  • Rich Greater China business resources

Things to note

  • Mainland residents need SG long-term pass or company
  • More manual review for new online customers
  • FX rates and fees not the most competitive

Documents required

  • Passport
  • Valid visa or entry pass
  • Proof of address
  • Income proof (some cases)

Must apply in person at a branch; valid residence permit or visa required; local proof of address required

Opening offers & benefits

Standing benefits

These are stable, standing account benefits (not time-limited) — available as long as you qualify:

Bank offers change frequently by region and quarter. Checked 2026-10; follow the bank's official promo page.

FAQ

Ready? Open your account

Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.

Open account ↗ Some links are affiliate (commission) links; this does not affect our objective assessment.