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OCBC lets Singapore customers hold ringgit in savings accounts
Original: ocbc singapore ringgit savings account
OCBC customers in Singapore can hold Malaysian ringgit in their savings accounts from October 23, according to The Straits Times. The move lets savers keep ringgit alongside Singapore dollars in the same account, a notable step for cross-border banking given the volume of travel and trade between Singapore and Malaysia. It is drawing attention as one of the first such offerings from a major Singapore bank.
Why now: The bank has just launched a new ringgit savings option, announced by The Straits Times on October 23.
OCBCSingaporeMalaysiaMalaysian ringgitThe Straits Times
Evidence
- OCBC customers can hold Malaysian ringgit in Singapore savings accounts from Oct 23 · The Straits Times
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