Deposit funds with OANDA from Asia Pacific

Below is a breakdown of the various ways you can fund your fxTrade account. To deposit funds, log in to your My Funds account and click the 'Deposit' button.

CREDIT CARDS

Credit cards are currently accepted via PayPal. 

DBS BILL PAY

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
None
1-2 business days
None
Provide your OANDA fxTrade account number as bill reference.

PAY NOW

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
None
1-2 business days
None
PayNow deposits can be accepted from the following banks in Singapore:

• DBS/POSB
• Bank of China
• Citi
• HSBC
• Maybank
• OCBC
• Standard Chartered
• UOB*

*We may require a screenshot to authenticate the transfer upon request.

1) Please select "Unique Entity Number"

2) Enter: 200704926K

3) Entity Name: OANDA ASIA PACIFIC CLIENT A/C (this will appear if the correct UEN code is entered)

4) UEN/Bill Reference Number: Enter your OANDA trading account number or username in the Notes (enter sub-account number to  deposit directly into your sub-account, otherwise your primary account will be credited)


User-added image

User-added image

INTERNET BANKING TRANSFER

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
None
1-3 business days
None
No transaction screenshot is required for FAST transfer deposit (except funds from UOB bank), unless upon request for further verification purpose. If you are sending funds from a UOB bank, please click here for an example on what screenshot is required.

BANK WIRE TRANSFER

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
None
1-3 business days for local wire transfers. Up to 5 days for international wire transfers.
Your bank may charge you a fee
Complete wire transfer instructions are provided when you login to the My Funds section of your account. Your bank may charge a service fee.

PAYPAL (SGD ACCOUNTS ONLY)

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
No limit for verified PayPal accounts. Up to $1000 SGD in total for unverified PayPal accounts. 
1 business day
Your PayPal transfers may be charged a fee. Please see the My Funds portal for more information on applicable fees.
Your name and email address on your PayPal account must be the same as your OANDA fxTrade account. 

CHEQUES (SGD ACCOUNTS ONLY)

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
None
5 business days
None
SGD Cheques must be drawn from a Singapore bank and be in SGD.

Notes:

  • OANDA cannot accept payments from third parties. Please ensure that the name on the originating account match those on your OANDA account. If you want to receive funds from a third party you need to set up a joint account with that party.
  • For your security, you can only withdraw funds by the same method and currency you used to deposit them into your OANDA account.
  • PayPal accounts based in certain countries can only be used to send funds. Please do not use PayPal for deposits if you cannot receive funds on your PayPal account. Paypal will charge an additional 1% cross border fee for individuals who do not reside in Singapore.
  • All deposit limits are based on United States calendar months, Universal Time Coordinated.
  • OANDA cannot accept payments from other Broker Accounts. Please ensure that your wire transfers are sent from a bank account in your name.
     
Internet Banking Transfers (SGD only)

If you have a Singapore-based bank account in SGD and want to send your funds via Internet banking, please make sure that you additionally send us a screenshot of the funds transferred. This is required so that when a withdrawal request is made, we know which bank to return the funds to. Please send the screenshot to frontdesk@oanda.com.

Click on the image to see detailed instructions:


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