The cost of opening an account: From 800 USD
The cost of opening an account:
From 800 USD

General information

Name
Oversea-Chinese Banking Corp Ltd (OCBC Bank)
Country

Singapore

Official site
www.ocbc.com
Faunded
1 932
History
It was founded in October 1932 by the merger of Oversea-Chinese Bank Limited, Ho Hong Bank Limited and Chinese Commercial Bank Limited. In February 1997, it acquired the banking business of Bank of Singapore (Australia) Limited (known as BOSA Limited). On July 1, 1998, it united with Four Seas Bank Limited. In August 2001, it merged with Keppel TatLee Bank Ltd, and in November 2003 - with OCBC Finance Limited. The Bank operates in 15 countries, including Singapore, Malaysia, Indonesia, China, Hong Kong, Vietnam, Brunei, Japan, Australia, United Kingdom and the United States. Major markets are Singapore, Malaysia, Indonesia and China: more than 500 branches and representative offices
Employees
The bank employs about 10,000 persons
Security
Agreement on avoidance of double taxation was concluded; AML legislation is strictly observed; Active membership in the OECD, FATF, Basel Commitee, Egmont Group and others.

Account

Terms of opening for admission (days):
7
Opening terms for cancellation (days):
15
Recommendations:
Не требуется
Description of activity:
Detailed
Account type:
Personal, corporate
Types of accounts:
Personal; Corporate; Settlement
Departure to the bank:
Visiting the Bank is required. However, when opening the account in Bank of Singapore, it is possible to open an account in OCBC Bank without entering Singapore
Required documents:
Standard set of corporate documents, copy of passport
Account opening, probability:
Calculated and perceived
Particularities during account opening:
No special

Rating

Rating in the world:
108
Country Rating:
2
Rating on loans:
AA-

Terms

Balance, minimum:
0 €
An initial fee :
500 €
Annual turnover (minimum):
0 €
Transaction speed:
Cut-Off Times for wire transfer - 17.00 Singapore time (+5 hours from Moscow)

Services and costs

Cost of translation:
No information
Cost of enrollment:
No information
Cost of account maintenance:
Monthly maintenance fee (for account in EUR) occurs if the amount on the account is reduced (less than 1000 EUR) and is 15 EUR. The first 6 months of service are free of charge. Account Closure - 50 EUR
Credit card restrictions:
No information
Insurance for credit cards:
No information
Access to the account:
24 hours service by telephone, e-mail, as well as through Internet-banking
Bank services:
The Bank offers a wide range of specialized financial services and management of property, including deposit and private loans, credit cards, management of funds, international trade financing, investment banking, private banking, funds, insurance and asset management
Bank cards:
VISA, MasterCard
Cost of extracts storing:
No information
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Pricing Guide OCBC Bank