Maximize your Returns

OCBC Wing Hang provides 14 foreign currencies for your selection as well as preferential interest rates, competitive exchange rates, low exchange rates spread, pre-set buy / sell order service and longer trading hours. You may choose from savings as well as fixed deposit accounts.

Versatile Channels and Extensive Trading Hours

Apart from visiting our branches in person, you can buy or sell foreign currencies through internet, phone and mobile banking. To seize the best investment opportunity all the time, you can also go beyond regular office hours and make foreign exchange transactions from 9:00a.m. till the New York market closes1.

Pre-set Foreign Currency Buy / Sell Order

You may pre-set foreign currency buy or sell order with your desired rate and transaction amount through internet, phone and mobile banking whenever you want. With our assistance on keeping track with the market trend, the pre-set transaction will be executed automatically. Meanwhile, you can check or revoke your outstanding instructions at any time.

Forward Contract to Guarantee Your Returns

You may engage in a forward exchange rate contract when the exchange rate works in your favour, protecting your deposit against currency fluctuations.

Multi-Currency Deposit Account / Foreign Currency Savings Account

  • Interest is calculated on a daily basis and is settled monthly to make your money grow faster.
  • You can select from passbook or statement accounts.
  • Multi-Currency Deposit Account can let you manage transactions up to 10 currencies including Australian Dollar, Canadian Dollar, Euro, Japanese Yen, New Zealand Dollar, Pound Sterling, Singapore Dollar, Swedish Kroner, Swiss Franc and US Dollar within one single account, enjoy the convenience of financial management.

Minimum Initial Deposit for Foreign Currency Savings Deposit (original currency) are as follows:

Currency Minimum Initial Deposit2 Deposit should be over the following amount for interest
Australian Dollar AUD 200 200
Canadian Dollar CAD 200 200
Swiss Franc CHF 200 200
Danish Kroner DKK 1,000 1,000
Euro EUR 200 200
Pound Sterling GBP 200 200
Japanese Yen JPY 20,000 20,000
Norwegian Kroner NOK 1,000 1,000
New Zealand Dollar NZD 200 200
Renminbi RMB 2,000 2,000
Swedish Kroner SEK 1,000 1,000
Singapore Dollar SGD 200 200
Thailand Baht THB 4,000 4,000
US Dollar USD 200 200

Foreign Currency Fixed Deposit

  • Enable you to capture higher interest return and exchange rate movement.
  • Deposit tenor ranges from 7 days to 6 months.
  • You can preset the account for fund transfer upon its maturity or select to roll over automatically through internet, phone and mobile Banking.

Minimum Initial Deposit for Foreign Currency Fixed Deposit (original currency) are as follows:

Currency Over-the-Counter Minimum Initial Deposit Minimum Initial Deposit via Internet / Telematic Banking / Mobile Banking
Below One-Month One-Month or above
Australian Dollar AUD 15,000 7,500 1,000
Canadian Dollar CAD 15,000 7,500 1,000
Renminbi CNY N/A 20,000 20,000
Danish Kroner DKK 75,000 37,500 5,000
Japanese Yen JPY 1,500,000 750,000 100,000
New Zealand Dollar NZD 20,000 10,000 1,000
Norwegian Kroner NOK 75,000 37,500 5,000
Singapore Dollar SGD 20,000 10,000 1,000
Swedish Kroner SEK 75,000 37,500 5,000
Swiss Franc CHF 15,000 7,500 1,000
Thailand Baht THB 300,000 150,000 20,000
Pound Sterling GBP 7,500 3,750 500
US Dollar USD 12,500 12,500 12,500
Euro EUR 10,000 5,000 1,000

USD Current Account

  • You can settle your local USD transactions by using USD cheque and CHATS. No exchange premium will be incurred.
  • Free cheque book.
  • Monthly statement showing details of each transaction will be provided.
  • Overdraft facilities will be offered upon request.
  • Initial deposit amount as low as US$2002.