OCBC Bank was formed in 1932 with the merger of three local banks and is one of the top local banks in Singapore.
OCBC Bank Singapore
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I’ve never really cared about banking or interest rates. All that was left to my mother, because… Well, there were simply too many numbers and terms that I didn’t care about.
Recently, after my friend’s persuasion, I signed up for the OCBC Frank card, which is targeted at youth. I was really impressed by how simple it was to do banking with them. I was tended to by a young and friendly banker, who was patient and took the time to explain everything to me, despite my nonexistent knowledge of banking terms. It’s great that OCBC is trying to help youth to get interested in banking, by making terms digestible, and offering customisable card designs, which are so much more appealing. What’s more, setting up an account is free! The only thing you’d have to pay for is the card design, which is between $10 to $20. Plus, you get a free laptop bag in one of the card designs after you sign up!
I really appreciate the concept of OCBC Frank, and am looking forward to banking with them. Cheers to shorter ATM queues and waiting times!
OCBC is one of my favourite personal banks in SIngapore. While having a POSB savings account is good, i have always wondered why there is always a OCBC atm machine nearby with no queue. OCBC provides good services in terms of setting up accounts, or even personal investment.
Recently, i went to open an OCBC frank account, and it really offers a much better interest rate than POSB. Also, what i like about this account is that I can actually devise and set some specific goals to stop me from drawing the money and spending it. For example, i can term a goal:" Car" and a target of "200000", with me saving 100 every month, and the bank will prevent me from spending that amount of money, saving it in the process.
A great bank!
I went to OCBC today with my parents to do something related to my account. Upon arriving, I obtained the queue number from the ticket machine, and not even a minute later, was ushered into a private cubicle by a young and smartly-dressed banker (it was about 6pm at that time; a supposedly busy period for the bank).
Although I'm still 16, an age which most adults would still consider to be a child, the banker still politely shook my hand (in addition to my parents') and greeted me with a warm smile. Noting that I was not familiar (scratch that. Completely CLUELESS) with banking terms, he explained everything to me (Yes, not only to my parents) simply, allowing me to follow the conversation on whatever was being done to my account. When we stood up to leave, he again shook our hands and wished us a great day ahead. Even my parents remarked on the excellent service.
Additionally, cookies and drinks (milo or coffee) were served to customers, though I'm not sure whether only the AMK branch offers this service.
My mum's favorite bank is OCBC. Though it does not have as many ATMs in Singapore as compared to say, POSB/DBS, but in recent years, I have seen a rise in the number of ATMs in Singapore.
In fact, I feel that OCBC offers of the best banking privileges in Singapore. Their staff are very helpful and there isn't such a long queue at their banks. Perhaps due to the lower number of customers, but i feel that it is a good thing for me somehow. It saves me so much time and hassle to get something done at the bank and it is totally fuss free too.
I recently went to the branch at Wisma to open a savings account namely the OCBC Bonus Plus which is a higher-interest deposit account. Once you step in, you are greeted with smiles and chirppy voices. The outlet is spacious, with a few ATM and cash-deposit machines lined up at the side.
It was our turn after a few minutes of waiting, we sitted at the counter with the personal banker guiding us through the steps to set up an account and explained thoroughly on how the plan works. We managed to finish the whole process only after 30-45mins though. There was only 1 photocopier at the time and he had to queue up to photocopy our documents and that took up quite abit of time. It would be nice if they can purchase another 1 or 2 copiers so customers don't have to wait for so long!
Overall, a pleasant banking experience. Best to reach there before 6pm to avoid the crowd.