Bank Index

INDIAN OVERSEAS BANK

Bank · Singapore · overall 5.2 / 10

Open in Bank Index

How this 5.2 is built

Average of 6 scored needs: 5.2. Regulation in Singapore: 98/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

INDIAN OVERSEAS BANK is recorded in the global register as a bank in Singapore. The register names Monetary Authority of Singapore as its regulator and shows the licence as active. Established 1937. Collected from open registers.

On its own website: “Discover Indian Overseas Bank diverse range of banking products and services to fulfill your financial needs and secure your future. Click now for exclusive benefits!”

Regulated by
Monetary Authority of Singapore
Licence confirmed
yes, on a regulator's own list
Established
1937
Website
www.iob.bank.in

Scores, 0 to 10

6.0Asia-Pacific (SG, HK, AU, JP, KR)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.