Ocbc bank forex. The past year has seen a flurry of unprecedented market events that have jolted currency and interest rate markets. The fallout from the UK's vote to leave the EU, Donald Trump's victory in the US presidential elections and China's strict capital controls – all of these market disruptions have focused attention.

Ocbc bank forex

CAIIB - Banking Financial Management - Exchange Rate And Forex Exchange - Part 1

Ocbc bank forex. The past year has seen a flurry of unprecedented market events that have jolted currency and interest rate markets. The fallout from the UK's vote to leave the EU, Donald Trump's victory in the US presidential elections and China's strict capital controls – all of these market disruptions have focused attention.

Ocbc bank forex


Trading hours start from 9: Recipients of Comprehensive Social Security Assistance, recipients of Government Disability Allowance customers should provide supporting documents to the Bank and low income earners customers are required to sign a declaration of low income earns are exempted from the minimum initial deposit.

Foreign Currencies Exchange Rates. Foreign Currencies Deposit Rates. Deposit should be over the following amount for interest. Over-the-Counter Minimum Initial Deposit. You may choose from savings as well as fixed deposit accounts. 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: 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. You may engage in a forward exchange rate contract when the exchange rate works in your favour, protecting your deposit against currency fluctuations.

Interest is calculated on a daily basis and is settled monthly to make your money grow faster. Minimum Initial Deposit 2. Foreign Currency Fixed Deposit. Enable you to capture higher interest return and exchange rate movement. 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:.

Below One - Month. One - Month or above. No exchange premium will be incurred. Monthly statement showing details of each transaction will be provided. For enquiries or account opening, please visit any of our branches or call for more information. The above services are subject to the market conditions and the Bank's prevailing policy.


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