Banks play a huge role in the economy of the country. They ensure the establishment and growth of businesses by providing them the required capital. Although each bank has a role to play, some set high standards for others to follow. They are unique in the way they function, and their importance in the country’s economy can’t be ignored.

One such bank is OCBC Bank, also known as Oversea-Chinese Banking Corporation Limited. OCBC Bank is based in OCBC Center, Raffles Place, Singapore. The OCBC Mobile Banking App is the best technology one can offer.

OCBC Bank was formed by the merger of three local banks in 1932. The oldest one of these banks was active since 1912, making the OCBC bank the most established bank in Singapore. The launch of the OCBC Mobile Banking App is proof that this bank keeps on progressing with time. Now when the world is swiftly drifting towards digitization, this app is a step towards the same.

Why Should you have OCBC App on your phone?

Here are a few reasons why every OCBC Bank user should use their OCBC Mobile Banking App:

1. Birds-eye View of your Finances

One of the most important things that we all need to do is know about our finances in detail to make better decisions. However, there are so many accounts and investments that it becomes problematic. But with the OCBC banking app, you can get a birds-eye view of your finances.

It is provided by Singapore Financial Data Exchange and ensures that you have all your financial information from all 7 participating banks, namely OCBC Bank, HSBC, Maybank, CitiBank, DBS/POSB, Standard Chartered Bank, and UOB, and also agencies such as CPF, IRAS, and HDB.

It allows you as a user to have all your financial information in one place. You can get personalized insights that can help you with making informed financial decisions. Setting up your financial overview is also significantly easier. You just have to follow few steps, and you will be able to enjoy this service:

  • First of all, you need to log in to the OCBC Mobile Banking App. Once you do that, you need to tap on ‘Financial OneView’
  • After that, you should tap on ‘Get Started’ and then log in using SingPass Mobile
  • Once you are logged in with SingPass, you can choose the banks you want to add to your Financial OneView
  • After selecting the banks, you have to permit to share your bank information with SGFinDex
  • Now you will be shown the option ‘Ok, let’s continue.’ Click on it and then tap on ‘I agree.’ You will be ready to use the Financial OneView

The process to set up Financial OneView is the same for both OCBC Mobile Banking and OCBC Internet Banking.

2. Enhanced Money Management

Earning money is an essential part of life, and so is managing it. If your money is not managed correctly, you won’t be stable in terms of your financial condition. This is where the OCBC app can help you by tracking all your transactions. This way, you can track the expenses, and if you find something which is not ideal, you can cut down that cost.

Using this app, you can also set saving goals and get them automatically deducted from your account. To ensure that you are spending within the limit, you should also have a budget, and the OCBC app would also help you with it.

3. Drop the Wallet

Do you think carrying cash is an unnecessary hassle? Do you keep forgetting your wallet and then get in trouble when it comes to paying money? If your answer to these questions is yes, then you would love the OCBC Banking App. It allows you to drop the wallet. You can pay anyone using the app as it has OCBC Digital Banking access. Here are some of its main features:

  • You just need to touch to log in on the app
  • For your every requirement, such as meals, rides, shopping, you can scan a QR code and pay through the app
  • You can also transfer funds to your friend with the help of a mobile number or email address
  • If you are out with your friend and you need to divide the expense, you can send a notification about the split using the app
  • You can even use it to operate an ATM and withdraw cash

4. Better Card Control

It isn’t easy to imagine payments without cards. No matter wherever you go, you have the option to use the card for payment. As it is convenient, we also prefer paying through cards. With OCBC digital banking services present in the app, you can activate your card services and enjoy every feature your card offers.

To access the card control features, there are few simple steps you need to follow. Here is how you can access these features for credit cards:

  • Login into your account, go to your account dashboard, and click on ‘What you Owe’
  • Once you click on the option mentioned above, you need to choose your preferred credit card to manage
  • After that, you just have to click on ‘Manage Card’ to lock or unlock your card in a single swipe

The process for accessing card services is even easier for other cards. It’s just a two-step process:

  • Firstly, you need to login to the app and click on ‘Card Services’ present on the left menu
  • Now you just have to select the available card features, and it’s done

5. Investment made Easier

Just saving your money in a bank account isn’t going to serve you well. The value of your money will decrease gradually. So, it’s wise to invest the excess cash you have. And, you can do it effortlessly using the OCBC Mobile Banking App. You can invest on the go using this app. You can also track your investments and review your portfolio regularly. It would allow you to make better strategies for investing.

6. Trading on your Fingertips

The bank’s app doesn’t just make investing more manageable, but it does the same with trading. With the help of this mobile app, you can trade eight currencies at great exchange rates. You can buy and sell effortlessly on a single platform. You can also access the insights of investment experts while trading. You just need to have the login credentials of the app along with the OCBC global savings account to avail of this feature.

7. Invest with Expertise

While everyone looks to invest, not all of us have the knowledge required to understand the market and invest as per the state of the market. The OCBC banking app can be beneficial for it. With OCBC Roboinvest, you can get access to more than 30 portfolios across 6 markets, and you can invest based on your risk appetite. You will also receive updates for rebalancing your portfolio if and when the market changes. It’s a complete investment tool.

All these features and services make the OCBC internet banking app a must-have for every user associated with this bank. You can avail of these services using the OCBC app. You just need OCBC login ID to get the best of OCBC Singapore and other branches globally. The process to get access to OCBC online banking ID is pretty straightforward.

You can follow the steps mentioned on this page to get digital banking services from OCBC. Here’s is the link to the page: https://www.ocbc.com/personal-banking/digital-banking/step-by-step-guides/get-started/apply-digital-banking-access.page

Not just the digital banking services, the OCBC banking app is needed while operating the ATM as well. It is effortless to get cash from an OCBC ATM. Here are the steps for the same:

  • Open the OCBC Pay Anyone app and scan the QR code present on the ATM screen
  • After scanning the code, you will be asked to enter the amount you need to withdraw
  • Once you enter the amount, you will get your money

You can withdraw as per the daily limit you have set. It can be S$1,000, S$3,000, or S$5,000 per day.

Conclusion

There is nothing better than having money in your bank account, and if your bank is as impressive as the OCBC Bank, then it’s even better. Its variety of services and dedication to serving the users in the best way possible makes OCBC the bank it is. With the OCBC Mobile Banking App, the OCBC Bank has taken a giant leap towards the future, where technology will play a huge role in banking.

If you don’t have the app yet, you are missing out on a lot. You can enjoy the best that OCBC bank has to offer only with the OCBC online banking app. So, get to the play store or app store, get this app, and enjoy banking in the best way possible.

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