Deposit Funds with OANDA from Asia Pacific

Below is a breakdown of the various ways you can fund your fxTrade account. To deposit funds, login 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

INTERNET BANKING TRANSFER

Minimum Deposit
Maximum Deposit
Average Processing Time
Fees
Notes
None
None
1-3 business days
None
Internet funds transfers require a screen shot. Please click here for an example. 

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.
Your bank charge you 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
Deposits using PayPal will incur a fee of 6% on the total amount
Your name and email address on your PayPal account must be the same as your OANDA fxTrade account 

CHEQUES (SGD AND HKD 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. HKD Cheques must be drawn from a Hong Kong bank and be in HKD.

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 and HKD only)

If you have a Singapore-based bank account in SGD or Hong Kong-based bank account in HKD, 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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