OCBC Funding Account Closure

Important Notice

Payments sent to OCBC account 503541641301 after 31 May 2026 will be automatically rejected. Please update your funding records before this date.

Q Why is the OCBC funding account being deactivated?

We currently maintain multiple funding accounts to serve our clients. To simplify the process and make it easier to manage funding information going forward, we are consolidating to fewer accounts.

Q What should I do? Which account should I fund to instead?

Please direct all future funding to one of the active OCBC accounts below, under M-DAQ Payment Client Account. Use the SGD account for SGD transfers, and the MCA account for all other currencies:

	SGD Account	MCA Account (Multi-Currency)
Bank	OCBC Bank Limited
Account Name	M-DAQ Payment Client Account
SWIFT Code	OCBCSGSGXXX
Address	12 Marina Boulevard, Marina Bay Financial Centre Tower 3, Singapore 018982
Account Number	713554202001	712074293201
Currencies	SGD	USD, EUR, GBP, AUD, CAD, CHF, CNY/CNH, HKD, JPY, NOK, NZD, SEK, DKK

Please refer to your Bank Account Details document (provided by your Relationship Manager) for the full funding instructions, including your unique Wallex reference number.

Q Are any other funding bank accounts affected?

No. Only OCBC account 503541641301 is being deactivated. All other M-DAQ funding accounts remain active and unaffected.

Q What happens if I send funds to the old account after deactivation?

Q Who can I contact for further assistance?

Please reach out to your dedicated Relationship Manager for help with updating your funding details.