Tanda Valas SGD

Savings in Singapore Dollar (SGD) for easy transactions in Singapore

Direct Transactions

Transaction directly with SGD currency

Access to OCBC Bank ATM

No need to foreign exchange while in Singapore

No Administration Fees

Foreign currency savings without admin fee

Other benefits

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Low Initial Deposit

Start from 500 SGD for need of business, medical treatment, & vacation

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ATM Tanda Valas SGD Card

Forex transactions via ATM are easier

    Interest Fee

    Product Information Summary

Item Tariff (Valas/Rupiah)
Issuance fee 0.25% p.q. from document value, min. eq. USD 50/IDR 700,000
Drafting without issuance IDR 500,000
Amendment fee (increase amount/extension of validity) 0.25% p.q. from increased value/time, min. eq. USD 50/IDR 700,000
Other amendment fee USD 50/IDR 700,000
Acceptance fee for usance 0.50 % p.q. min. eq. USD 50/IDR 700,000
Discrepancy fee USD 75/IDR 1,000,000
Reimbursement fee USD 75/IDR 1,000,000
SWIFT for issuance USD 30/IDR 420,000
SWIFT for others USD 20/IDR 280,000
AWB endorsement IDR 250,000
LC/ SKBDN Advising Fee
Keep with us USD 25 / IDR 350,000
Taken by Beneficiary USD 100/ IDR 1,250,000
Advised Through USD 100/ IDR 1,250,000

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Letter of Credit
Letter of Credit

Letter of Credit

SKBDN
SKBDN

SKBDN

 

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Popular Questions About the Tanda Valas SGD

Banks will no longer issuing Debit/ATM Cards for customers who have SGD Currency Sign accounts. This applies to new requests and/or any other reasons (such as expired/lost card/damaged card/others).

This request will be accommodated only until 14 August 2024.

We will no longer issuing the Debit Card starting 15 August 2024.

Features & Benefits Tanda Valas SGD Tanda 360 Plus
Withdrawal at ATM OCBC Indonesia and OCBC Singapore Yes Yes
Withdrawal or transfer (including Telegraphic Transfer) via branch and OCBC mobile Yes Yes
Withdrawal at ATM with Mastercard logo all over the world No Yes
Shop online and offline via Mastercard EDCs by tap or dip-in your Global Debit like locals No Yes
Shop and withdraw cash directly debit Tanda 360 Plus Account without conversion and with no fee No Yes
Promotions for online transaction with Global Debit such as Grab, Tokopedia and Shopee (https://www.ocbc.id/id/promo) No Yes

Debit cards linked to Tanda Valas SGD can still be used to do cash withdrawal at ATM OCBC (Indonesia and Singapore) until the expiration date stated in the card.

Get your account by going to the nearest branch or via OCBC mobile by following these steps:

  1. Open and login to your OCBC mobile
  2. Pick Apply
  3. Pick Conventional Savings
  4. Choose Tanda 360 Plus with your preferred your base currency
  5. Fill-in personal information and pick “Yes” under field Create an ATM Card
  6. Review and accept “Product & Service Summary” and “Terms & Conditions”
  7. Input your transaction PIN
  8. Successfully finish on account opening and debit card request

Transfer your SGD balance from Tanda Valas SGD to Tanda 360 Plus by going to the nearest branch or via OCBC mobile by following these steps:

  1. Open and login to your OCBC mobile
  2. Pick Transfer
  3. Pick My Account
  4. Pick your new Tanda 360 Plus account on SGD currency
  5. Input the nominal amount to transfer
  6. Review your Transfer Summary and confirm
  7. Review and accept “Terms & Conditions”
  8. Input your transaction PIN
  9. Your balance has been successfully transferred

Debit card will be processed after 10 working days on request submitted to the system.

Customers can activate the new debit card by going to the nearest branch or via OCBC mobile:

  1. Open and login your OCBC mobile account
  2. Get into Settings and pick Card Management
  3. If debit card is shown at the Card Management list, click “Click to Activate” and input CVV and expiry date
  4. If debit card is not shown at the Card Management list, pick “Request or Activate New Card”, pick Instant and input your debit card number, expiry date and source of fund account
  5. Review and accept “Terms & Conditions”
  6. Input your transaction PIN
  7. Your card has been successfully activated

Customers are still be able to use their Tanda Valas SGD account, but no new debit card will be provided by 15 August 2024 with any reason.

There will be closing fee charges, detail information please refer to: https://www.ocbc.id/en/tarif-dan-biaya/bunga-dan-biaya-individu

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Savings in Singapore Dollar (SGD)

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