Forex transactions without owning these currencies
Transactions anywhere with low placement nominal
Many currency options with flexible terms
Global Access
Wide range access to ATM in Indonesia, Malaysia, and Singapore
Rates, Charges and Interest
There are no interest and fees charged
Required Documents | Individual | Corporate |
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Account Request Form |
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ID Card/Passport |
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NPWP (Tax number) |
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Reference Letter |
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Establishment Deed and Changes | - |
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Business Trading License (SIUP/SITU/TDP) | - |
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Ministry of Justice letter | - |
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Domicile letter | - |
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Export Transaction Details (RTE) |
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Export Declaration (PEB) |
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Deposito
Terms and Condition of Time Deposit Account Opening
Fee | Jumlah | Unit |
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Interest Rate* | 2.75% | p.a. |
Income tax fee | 7.5% 5% 0% |
for 1 month placement for 3 months placement for 6 & 12 months placement |
Penalty fee | 1% | of placed amount |
*) Interest rates can change at any time
USD
Fee | Jumlah | Unit |
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Interest Rate* | 0.25% | p.a. |
Income tax fee | 10% 7.5% 2.5% 0% |
for 1 month placement for 3 months placement for 6 months placement for 12 months placement |
Penalty fee | 1% | of placed amount |
*) Interest rates can change at any time
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Extended FMCT Forward is a transaction to sell certain currencies to USD even though the customer does not have the currency (Short Selling). Extended FMCT Forward is available in a variety of currency options traded at OCBC except IDR, SGD, and Exotic Currencies Customer must submit Cash Margin as collateral with minimum of 100% equivalent to the value of the Extended FMCT Forward transaction done by customerv
Ease of transaction, since it can be transacted anywhere in all OCBC branch offices, with a relatively low minimum nominal transaction placement, and flexibility since it is available in a variety of currency options, which allows customers to take advantage of market momentum
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