When you arrive in Singapore, you can go through the formalities and change your address with your passport, visa and confirmation letter from BOC Singapore. After activating your account, you can withdraw cash and apply for a local money order or check.
Before going to Singapore, you can remit money to your account, and the accumulated remittance amount cannot exceed S $654.38+00,000. After activating the account, there is no limit on the remittance amount.
From the cost point of view, compared with other foreign banks in Singapore, the minimum deposit required by BOC's overseas students in Singapore is lower, and the small management fee can be exempted as long as the deposit is not less than S $500. In addition, BOC Singapore is the only bank in Singapore that handles direct remittance from China to Singapore. Remittance to the account of Bank of China in China can save more remittance expenses. China Bank has six outlets, which are close to different subway stations and have convenient transportation.