OCBC Business vs Xapo Bank: what each publishes
As of October 17, 2026, Xapo Bank takes these industries by its own published rules: Crypto, with conditions. We hold no such rule from OCBC Business.
Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.
Where it takes companies from
OCBC Business
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
- United Arab Emirates
- United States
- Developed Asia-Pacific
- CIS / Central Asia / Caucasus
- Latin America
- Middle East & North Africa
- Africa
- Jersey, Guernsey, Isle of Man, Gibraltar
- Other offshore centres
- Other
The regions its own documents name, read on October 9, 2026
Xapo Bank
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
- Developed Asia-Pacific
- United Arab Emirates
- Latin America
- Middle East & North Africa
- Africa
- CIS / Central Asia / Caucasus
- Other
The regions its own documents name, read on October 9, 2026
Policy by industry
| Industry | OCBC Business | Xapo Bank |
|---|---|---|
| Crypto | No published rule | With conditions |
| iGaming | No published rule | Depends on the activity |
| Adult | No published rule | No |
| Marketplace | No published rule | No |
| Unlicensed financial services | No published rule | No published rule |
| AI and SaaS | No published rule | No published rule |
| Forex and CFD | No published rule | No published rule |
Where owners must live
OCBC Business
No published rule
Xapo Bank
No published rule
Rules about countries
OCBC Business
No published rule
Xapo Bank
Xapo Bank is unable to onboard institutions that are registered, operating or controlled by persons located in countries that Xapo Bank deems to be high-risk
You may register a user account, access and use our Services as an individual or on behalf of a corporation, partnership, limited liability company, or business entity of any kind established under the laws of Gibraltar or a foreign jurisdiction other than the United States of America (collectively, “Entity”).
Fees
OCBC Business
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Business Growth Account (Singapore-registered businesses) | Not stated; initial deposit SGD 1,000 | SGD 10 a month, waived for the first 2 months; plus SGD 20 a month if the monthly average balance falls below SGD 1,000 (SGD 50 if below SGD 50,000 with the interest promotion activated) | · Source |
| Business Foreign Account (businesses registered outside Singapore) | USD 1,200 one-time account set-up fee | SGD 80 a month (SGD account) or USD 80 a month (Multi-Currency Business Account), waived for the first 2 months | · Source |
Xapo Bank
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Institutional | Not stated | Annual Platform Fee set per client, also payable monthly ('An Annual Platform Fee (also payable monthly) will apply based on your specific requirements'); no minimum balance ('There is no minimum balance required for these accounts or wallets') | · Source |
Closing an account
OCBC Business
The Bank may, upon fourteen (14) days (or such period as the Bank may determine from time to time in its sole and absolute discretion) prior written notice to the Customer terminate and/or suspend any Account for any reason whatsoever.
Xapo Bank
18.5 Xapo Bank is entitled to close your Xapo Account and terminate our Agreement by providing you with two months’ written notice.
Licence
| Licensee | OCBC Business | Xapo Bank |
|---|---|---|
| Licensee | Oversea-Chinese Banking Corporation Limited · bank licensed by the Monetary Authority of Singapore (local bank) | Xapo Bank Ltd · credit institution regulated by the Gibraltar Financial Services Commission (Financial Services Act 2019) · some services passported to the UK |
| Regulator | MAS · | Gibraltar Financial Services Commission · |