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 pre-fill 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 of verified designed by the Singapore government, which hence does away with the need for individuals to key in details or submit any additional documentation when submitting their application for a new bank account with OCBC.

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