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Current Account
Foreign Currrency Current Account
Available in USD and other major foreign currencies.
Important Notice
Changes to Individual Foreign Currency Current Account Fees
From 1 November 2023, the charges for cheque usage will be raised for USD-denominated cheques.
We have prepared a list of Frequently Asked Questions and the new charges for your reference.
Benefits
- Free cheque book for USD Current Account
- Transfer funds in foreign currency to and from your SGD accounts via Online Banking
- Deposit and withdraw local and foreign currencies in cash, demand drafts or telegraphic transfers
Eligibility
- Minimum age: 18 years old
- Initial deposit: US$1,000 equivalent
Documents Requirement for Singapore Citizens or Permanent Residents
- NRIC
Documents Requirement for Foreigners
- Passport
- Employment Pass
- Proof of Mailing Address (i.e. Utility/Telco bills or Bank statement from another bank in Singapore, where the name must be the same as your Passport and Employment Pass)
Fees and Charges
| Description | Fees and Charges |
|---|---|
| Cheque Issuance (only for USD Current Accounts) |
Free (till 31 October 2023) US$0.75 per cheque (from 1 November 2023) |
| Cheque Deposit (only for USD Current Accounts) |
Free (till 31 October 2023) Free until further notice (from 1 November 2023) |
|
Chequebook Issuance and Replenishment (only for USD Current Accounts) |
First cheque book is free, subsequent cheque books will be charged at US$10 each (till 31 October 2023) US$10 per cheque book (from 1 November 2023) |
|
Fall-below fee (per month) |
US$5 equivalent (if your average daily balance fall below US$1,000 or its equivalent in the month) |
|
Early Account Closure |
US$20 early account closure fee (if the account is closed within 6 months of opening) |
|
Others |
Click to view the other applicable transactional charges and service fees |