My experience opening an account at OCBC and DBS

FossyE said:

Hi,
I applied directly and contacted the bank over one of their webpage forms, got a response immediately and the KYC started. That was quite an intensive process. Yes, I am satisfied, but I do not use the accounts very intensively. OCBC Singapore is considered one of the safest bank in the world.

Best,

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FossyE said:

Hi,
I applied directly and contacted the bank over one of their webpage forms, got a response immediately and the KYC started. That was quite an intensive process. Yes, I am satisfied, but I do not use the accounts very intensively. OCBC Singapore is considered one of the safest bank in the world.

Best,

Click to expand...

FossyE said:

I would say stick to the truth. In my case in was "diversification of assets".

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slink said:

That would be my reason too. I live in Taiwan so obvious reasons why I don't want all my cash here.

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JackAlabama said:

You can buy bitcoin.
It comes with the added benefits that in an event of war or whatever happens, your account wont be freezed due to residency/citizenship as happened to Russians or other unfortunate folks before that.

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