ocbc 360 account

battledome64

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Anyone knows if companies in SG pay salary by Giro?

I saw that the requirement is by giro

My posb SAL
 

OCBC Bank

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OCBC 360 Account

was interested in this card, but then again, my salary (RAW) is only just nice 2000, so no point applying for this card

Dear Saysuzu,

The OCBC 360 is not a credit card, but an account suited for daily banking needs. You can definitely apply for this account if you are interested.

For this account, you will have to have an initial deposit of S$1,000, and maintain a $3000 minimum average monthly balance.

Should your account fall below the minimum monthly average balance, there will be a monthly charge of $2 (will be waived for the first year).

You can read up more on our 360 account at http://www.ocbc.com.sg/personal-banking/accounts/360-account.html.

^Dione
 
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jus_3c

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Dear Saysuzu,

The OCBC 360 is not a credit card, but an account suited for daily banking needs. You can definitely apply for this account if you are interested.

For this account, you will have to have an initial deposit of S$1,000, and maintain a $3000 minimum balance monthly.

Should your account fall below the minimum balance, there will be a monthly charge of $2 (will be waived for the first year).

You can read up more on our 360 account at http://www.ocbc.com.sg/personal-banking/accounts/360-account.html.

^Dione

For this minimum balance, how is this determined? Is it based on the average daily balance for that month?
 

Yo2020

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you only miss out the interest on interest, which is often neglible.

i agree. any of the amt already in the acct can b transferred out on 1st day of new mth, no need to wait for interest to b in then can transfer out.
 

thesoftwarekid

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by left, i dunno. by right, interest are based on value date.

in my opinion, it doesnt matter cos first of all, the base interest is likely to be very low. Secondly, they have already given interest for jun which be counted till 30th, so even if the base interest is value date on 30th, your next interest given will not count 30th Jun but start from july.



hahah not about the money, i doing my own bookkeeping... haha wanted to be as precise as possible. =D
 

OCBC Bank

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For this minimum balance, how is this determined? Is it based on the average daily balance for that month?

Dear jus_3c

The word “average” was omitted from our previous post. Thank you for pointing this out to us. We have edited the previous post to reflect this.
So to avoid the service fee, you must maintain on average a daily balance of $3,000

^Dione
 

vgirlhwz

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Its now the 9/7, and 7 WORKING DAYS. Where is our bonus interest? Master say cannot, ah, issit? Because master celebrate 'good news' before china market fell, issit? WHERE IS THE BONUS INTEREST, OCBC?
 

saysuzu

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Dear Saysuzu,

The OCBC 360 is not a credit card, but an account suited for daily banking needs. You can definitely apply for this account if you are interested.

For this account, you will have to have an initial deposit of S$1,000, and maintain a $3000 minimum average monthly balance.

Should your account fall below the minimum monthly average balance, there will be a monthly charge of $2 (will be waived for the first year).

You can read up more on our 360 account at http://www.ocbc.com.sg/personal-banking/accounts/360-account.html.

^Dione

with me tanking the whole family now..want to keep $100 inside bank also hard la

this one not for me at the moment
 

vgirlhwz

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How come bonus+ one gave a long time ago already? 360 suddenly realised that many people transferred $10,000 after the raise to $60,000, and then master also don't like? Because master don't like this kind of behaviour from s'poreans? Wah, can do that ah! Means must raise transport fee and also make them go home late!
 

danong

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Its now the 9/7, and 7 WORKING DAYS. Where is our bonus interest? Master say cannot, ah, issit? Because master celebrate 'good news' before china market fell, issit? WHERE IS THE BONUS INTEREST, OCBC?

Master says you don't gan cheong.
 

otaku7

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How come bonus+ one gave a long time ago already? 360 suddenly realised that many people transferred $10,000 after the raise to $60,000, and then master also don't like? Because master don't like this kind of behaviour from s'poreans? Wah, can do that ah! Means must raise transport fee and also make them go home late!
master says today still got time till 2359hrs

Sent from Sony D6653 using GAGT
 
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