Friday 29 Mar 2024
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SINGAPORE (June 5): All Singaporeans and permanent residents (PRs) can now open an OCBC 360 Account via the bank’s website, without the need to visit a bank branch or provide documents, says OCBC Bank.

This is because the new account can be opened using the national data repository MyInfo to prefill an online OCBC 360 Account application form with personal details, while further verification and authentication is conducted in real time using OCBC’s real-time digital know-your-customer process (e-KYC).

MyInfo is a digital vault that is verified and designed by the Singaporean government, which hence does away with the need for individuals to key in details or submit any...(click on link for full story on theedgesingapore.com)

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