Bank of Singapore Limited is the private banking subsidiary of OCBC, serving high-net-worth individuals, wealthy families, family offices and financial intermediaries. Headquartered in Singapore, the bank operates as a Singapore-incorporated licensed bank and focuses on private banking rather than mass-market retail banking. Its current public client-contact page states that its services are dedicated to clients with at least US$5 million in investable assets. Bank of Singapore is regulated by the Monetary Authority of Singapore and operates from Bank of Singapore Centre at 63 Market Street.
OCBC Subsidiary
MAS Regulated
Wealth Management
Family Office
Singapore Head Office
Bank of Singapore Limited
197700866R
January 2010, following OCBC’s acquisition of ING Asia Private Bank
Oversea-Chinese Banking Corporation Limited (OCBC)
63 Market Street, #22-00 Bank of Singapore Centre, Singapore 048942
Jason Moo
Local Bank; Exempt Capital Markets Services Entity; Exempt Financial Adviser; Exempt Trust Company
Services are stated as dedicated to clients with at least US$5 million in investable assets
US$40.742 billion
bankofsingapore.com
About Bank of Singapore Limited
Bank of Singapore is a Singapore-headquartered private bank within the OCBC Group. The current private banking business was launched in January 2010 after OCBC acquired ING Asia Private Bank and combined it with its private banking operations. The bank describes itself as focused on serving high-net-worth individuals and wealthy families across Asia, Greater China, the Middle East, the Indian subcontinent and other international markets.
The bank is distinct from the mass-market retail operations of OCBC Bank Singapore. Bank of Singapore concentrates on private banking, wealth management, investment services, family office needs and related financing solutions, while clients can also access selected capabilities across the wider OCBC Group.
The Bank of Singapore brand dates from 2010, while the legal entity carries registration number 197700866R. These two dates describe different things: the current private bank brand and the underlying Singapore-incorporated legal entity.
Bank of Singapore and OCBC Relationship
Bank of Singapore Limited is a wholly-owned private banking subsidiary of Oversea-Chinese Banking Corporation Limited. OCBC states that it provides private banking services through Bank of Singapore and that the private bank uses an open-architecture product platform while also drawing on OCBC Group capabilities.
Private banking and wealth-management focus for high-net-worth clients, wealthy families, family offices and financial intermediaries.
Clients may access selected consumer banking, corporate banking, corporate finance, treasury and other OCBC Group capabilities where relevant to the relationship.
For broader context on why Singapore supports several different bank licence and business models, see the explanation of Singapore’s banking landscape.
Private Banking Services
Bank of Singapore’s public service pages group its offering around wealth growth, legacy planning and financing. Access depends on client eligibility, suitability, jurisdiction and the specific product or service.
Investment Products and Advisory
The bank offers access to exchange-traded securities, bonds, derivatives, alternative investments and other investment products, together with advisory and discretionary investment-service options.
Family Office and Wealth Advisory
Services include family office advisory, governance, succession and estate planning, wealth structuring and support for intergenerational planning.
Trust and Legacy Services
BOS Trustee Limited supports trust and legacy-planning needs for eligible high-net-worth and ultra-high-net-worth clients.
Financing Solutions
Publicly listed solutions include marketable-securities financing, insurance premium financing, real-estate financing and credit structuring.
Financial Intermediaries
The bank serves financial intermediaries such as independent asset managers that manage wealth for private clients and family offices.
Philanthropy Support
Bank of Singapore also offers philanthropy support through its Legacy of Giving platform and related partner structures.
Who Bank of Singapore Serves
Bank of Singapore is not positioned as a standard everyday savings-account bank for the general retail market. Its public contact page states that its services are dedicated to clients with at least US$5 million in investable assets. The bank also publishes separate solution areas for individuals, family offices and financial intermediaries.
High-net-worth clients seeking portfolio management, advisory, financing and wealth-planning services.
Families looking at governance, succession, wealth structuring, investment management and multi-generational planning.
Independent asset managers and other intermediaries seeking private-bank custody, investment and wealth-platform capabilities.
The published US$5 million figure is a public client-contact threshold, not a promise of account opening or product eligibility. The bank can still apply onboarding, suitability, jurisdictional and client due-diligence checks.
Bank of Singapore 2025 Financial Indicators
Bank of Singapore’s audited extract for the year ended 31 December 2025 reports higher profit and equity than in 2024. The figures below are in US dollars and refer to Bank of Singapore Limited.
| Metric | 2025 | 2024 | Change |
|---|---|---|---|
| Total Assets | US$40.742 billion | US$40.675 billion | Higher by US$67 million |
| Deposits of Non-Bank Customers | US$32.623 billion | US$31.626 billion | Higher by US$997 million |
| Profit After Income Tax | US$411 million | US$325 million | Higher by US$86 million |
| Total Equity | US$2.464 billion | US$2.298 billion | Higher by US$166 million |
The figures come from Bank of Singapore Limited’s extract of audited financial information for the financial year ended 31 December 2025. Balance-sheet assets are not the same measure as private-banking assets under management.
Assets Under Management and 2026 Business Update
In an April 2026 announcement, Bank of Singapore said that its global assets under management had grown by more than 20% during 2025 and had surpassed the previously announced US$145 billion AUM target set in 2023. The announcement did not state a new exact global AUM figure, so the public target should not be presented as the current precise total.
The bank also appointed Vi Sun Yang as Head of Private Banking, ASEAN with effect from 29 June 2026. ASEAN is described by the bank as its largest market, while Singapore, Hong Kong and Dubai remain major operating hubs for its wealth-management business.
Singapore Head Office and Contact Details
Bank of Singapore Limited (Head Office)
63 Market Street, 22nd Floor, Bank of Singapore Centre, Singapore 048942
+65 6559 8000
Monday to Friday, 9am to 6pm; closed Saturdays, Sundays and public holidays
Bank of Singapore contact page
The Singapore address above is the public head-office contact address. Bank of Singapore’s audited financial statement extract also lists its registered office at 63 Chulia Street, #10-00 OCBC Centre East, Singapore 049514. These are different address functions.
Regulatory and Entity Information
The Monetary Authority of Singapore Financial Institutions Directory lists Bank of Singapore Limited as a Local Bank. The same MAS entry also lists it as an Exempt Capital Markets Services Entity, Exempt Financial Adviser and Exempt Trust Company. Bank of Singapore’s own corporate governance disclosure states that it operates under a full bank licence granted by MAS.
| Item | Current Public Information | Verification |
|---|---|---|
| Legal Entity | Bank of Singapore Limited | Official bank disclosures and MAS directory |
| Registration Number | 197700866R | Bank of Singapore disclosures |
| MAS Bank Classification | Local Bank | MAS Financial Institutions Directory |
| Capital Markets Status | Exempt Capital Markets Services Entity | MAS Financial Institutions Directory |
| Financial Advisory Status | Exempt Financial Adviser | MAS Financial Institutions Directory |
| Trust Company Status | Exempt Trust Company | MAS Financial Institutions Directory |
Bank of Singapore is also listed among member banks by the Association of Banks in Singapore. The site’s separate explanation of the Association of Banks in Singapore covers the industry body’s role and membership context.
Bank Code and SWIFT/BIC Verification
Bank of Singapore’s public website pages reviewed for this profile do not prominently publish a Singapore bank code or a customer-facing SWIFT/BIC instruction. The bank should therefore not be assigned OCBC’s bank code or OCBC’s SWIFT/BIC simply because it is an OCBC subsidiary.
If a Bank of Singapore client needs transfer instructions, the account-specific details should be taken from Bank of Singapore’s official transfer instructions, relationship manager or authenticated banking documents. General Singapore routing concepts are explained separately in the Singapore bank code list.
Do not substitute OCBCSGSG, OCBC bank code 7339 or another group’s routing identifier for Bank of Singapore Limited unless the bank’s own transfer instruction explicitly states that it applies to the account.
Global Presence
Bank of Singapore is headquartered in Singapore and maintains branches in Hong Kong, the Dubai International Financial Centre and London. Its wider group footprint also includes entities such as BOS Trustee Limited, BOS Wealth Management Malaysia Berhad and BOS Wealth Management Europe S.A.
Global head office and core private-banking hub at Bank of Singapore Centre.
Bank of Singapore Limited operates a Hong Kong Branch serving private-banking clients in the region.
The bank operates a Dubai International Financial Centre branch serving Middle East and international private-banking markets.
Bank of Singapore Limited operates a UK Branch in London.
BOS Wealth Management Malaysia Berhad extends the group’s onshore wealth-management presence in Malaysia.
BOS Wealth Management Europe S.A. provides the group’s European wealth-management presence.
Verification Notes
Regulatory status can be checked through the MAS Financial Institutions Directory. Bank identity, private-banking focus, client threshold, contact details and global locations are published on the Bank of Singapore website. The relationship with OCBC is also confirmed by OCBC Group.
Financial figures are based on Bank of Singapore Limited’s audited extract for the year ended 31 December 2025. Client eligibility, investment products, financing availability and account-specific transfer instructions can change and should be confirmed directly with the bank.
FAQ
Is Bank of Singapore the same as OCBC?
No. Bank of Singapore Limited is a separate legal entity and the wholly-owned private banking subsidiary of OCBC. It focuses on private banking and wealth management rather than OCBC’s wider retail and commercial banking business.
Who owns Bank of Singapore?
Bank of Singapore Limited is wholly owned by Oversea-Chinese Banking Corporation Limited, commonly known as OCBC.
Is Bank of Singapore regulated by MAS?
Yes. The MAS Financial Institutions Directory lists Bank of Singapore Limited as a Local Bank and also lists exempt capital markets, financial advisory and trust-company statuses.
What is the minimum wealth level for Bank of Singapore?
The bank’s current public contact page states that its services are dedicated to clients with at least US$5 million in investable assets. This does not mean account approval is automatic.
Where is Bank of Singapore located?
Its Singapore head office is at 63 Market Street, #22-00 Bank of Singapore Centre, Singapore 048942.
What is Bank of Singapore’s SWIFT code?
A customer-facing SWIFT/BIC is not prominently stated on the official public Bank of Singapore pages reviewed for this profile. Use the bank’s authenticated transfer instruction or confirm the code directly with Bank of Singapore before sending funds.
