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OCBC to add ringgit option to Singapore savings accounts
Original: ocbc bank
Oversea-Chinese Banking Corporation will allow Singapore-based savings account holders to hold and manage Malaysian ringgit from October 23, according to the Business Times. The move gives customers a way to keep ringgit alongside Singapore dollars without a separate Malaysian account, drawing attention from commuters and businesses with cross-border ties.
Why now: The announcement is new and matters to Singaporeans who regularly deal with Malaysia, a major cross-border corridor.
Evidence
- OCBC to add ringgit to Singapore-based savings accounts from Oct 23 · The Business Times
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