OCBC Bank Plans to Close Accounts Without Residency Status
Dear Customer
When you opened your account with us, you indicated that these accounts would be used for your work, study, or residence in Singapore.
In order for us to retain your account, please confirm your residency in Singapore by December 15, 2024. Here’s how:
If you wish to continue banking with us, please take the following steps by December 15, 2024:
a) Visit any Overseas Chinese Bank branch in Singapore and provide us with your current Singapore address; or
b) Designate any of your Overseas Chinese Bank accounts as the account for your salary deposits in Singapore.
If we do not receive your response by December 15, 2024, we regret to inform you that we will have to impose certain restrictions on your account (for example, you will only be able to withdraw but not deposit), and then close the account. Once the account is closed, any financial arrangements related to the account will also be canceled.
If you have already confirmed your residency in Singapore, please disregard this email.
If you have any questions, please visit: Overseas Chinese Bank website > Contact Us.
Thank you for choosing Overseas Chinese Bank. We look forward to hearing from you soon.
Best regards,
Overseas Chinese Bank Global Personal Banking Services Department