OCBC Business Growth Account

Give your business a strong start

  • No minimum balance for the first 6 months
  • Low initial deposit of S$500
  • 0.5% rebate on all foreign currency spend with OCBC Business Debit Card


  • All businesses registered and based in Singapore
  • For all other businesses, please apply for the Business Foreign Account
  • Additional eligibility criteria may apply
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OCBC Business Growth Account

Running a business has many challenges. Banking should not be one of them. That’s why we designed the OCBC Business Growth Account to be simple to apply and easy to maintain, and offers greater savings. Get off to a strong start with OCBC today.

Low initial deposit

  • Start your account with just S$500


No monthly account fee

  • Only an annual fee of S$38 applies


No minimum balance for first 6 months

  • Thereafter, maintain a monthly average balance of S$3,000

More cost savings

  • Free Business Internet Banking
  • Free Business Mobile Banking
  • No annual fee on your personalised OCBC Business Debit Card
  • Free Business Alerts via email or SMS (only for Singapore-registered numbers) for the first 3 months.


50% off Singtel Business Mobile Plan1

  • Enjoy savings on your mobile plan and mobile security for your phone. Offer only available at point of account opening for new OCBC Business Banking Customers
  • Read more

Stay on top of your business

Business Internet Banking

Business Internet Banking (Velocity@ocbc)

  • Quick overview of your account summary, payments, collections and trade activities
  • Access to richer reporting to help you make informed business decisions
  • Intuitive steps to help you get your transactions done faster and easier

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Business Mobile Banking

Business Mobile Banking

  • Quick access to your account balances with just one touch of your fingerprint
  • Make payments and approve transactions on the go

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Business Debit Card

OCBC Business Debit Card

  • Free personalised debit card
  • Enjoy 0.5% rebate on foreign currency spend and 0.2% rebate on local currency spend. No minimum spend, no rebate cap.
  • Enjoy OCBC Cards promotions.
  • Access to more than 1,200 ATMs island-wide.
  • Enjoy the convenience of MasterCard and NETS network.

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Business Alerts

Business Alerts (eAlerts@ocbc)

  • SMS or email alerts directly to you
  • Be on top of your transactions and balances

Read more

For full fees and charges, download Business Banking Pricing Guide

Documents required to open an account

How to apply?

Call us at (65) 9662 3622

SMS <your name> and <company name> to (65) 9662 3622

You may also be interested in

Business Smart Account

  • Business Account in USD with flat telgraphic transfer fees

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Business First Loan

  • Suitable for start-ups as young as 6 months old
  • Get access of up to S$100,000 with a flexible repayment period of up to 4 years
  • Collateral-free loan

Find Out More

Our awards and accolades

Best Bank for SMEs - Euromoney
Asia's Best Bank for SMEs

Euromoney 2016 – 2017

Best Bank for SMEs - Asiamoney
Best Bank for SMEs in Singapore

Asiamoney 2017

ASEAN SME Bank of the Year
ASEAN SME Bank of the Year

Asian Banking & Finance 2011 – 2017

ASEAN SME Bank of the Year
Best SME Bank in Southeast Asia

Alpha Southeast Asia 2013 – 2017

Best SME Bank in Singapore

Alpha Southeast Asia 2010, 2012 – 2017

Terms and Conditions apply.


  1. Singtel Business Mobile Plan
    • Eligible to all new OCBC Business Banking customers who successfully open any OCBC Business Account. Additional eligibility criteria may apply.
    • Will continue to be valid as long as the OCBC Business Account is maintained.
    • Does not include any device and/or handset vouchers. For full terms and conditions, visit www.singtel.com/ocbctnc


Important Notices