OCBC Business Growth Account

Get your business started fast

  • 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
  • Open your account instantly online with MyInfo


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

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


Instant Account Opening*

  • Open your Business Growth account or
    Business Entrepreneur account instantly when
    you apply online with MyInfo (Login via SingPass) or
    your OCBC Personal Banking credentials.
  • No need to queue. No paperwork needed.

More cost savings

  • Free Business Internet Banking
  • Free Business Mobile Banking
  • Free 1st 30 FAST/PayNow transactions per month
  • 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

Starting your next new business

Starting your next new business?2

Open your next business account and enjoy:

  1. No initial deposit
  2. 6 months fee waiver for all local transactions3

Open account instantly

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

Read more

Business Internet Banking

Digital Business Dashboard

  • Powered by data from the various business apps that your business is using.
  • See how the different parts of your business is performing, all in one place, on any device.
  • Start seeing patterns and trends that can help you to manage and grow your business better.
  • Free for all OCBC Business Banking customers.

Learn more

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

Read more

Business Alerts

Business Alerts (eAlerts@ocbc)

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

Read more

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.

Read more

For full fees and charges, download Business Banking Pricing Guide

Documents required to open an account

Need help with
your application?

Call us at (65) 6538 1111 (Monday to Friday excluding public holidays 8.30am-6pm)

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  • Collateral-free loan

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Our awards and accolades

Asia's Best Bank for SMEs 2019


Asean SME Bank of the Year 2019

Asian Banking & Finance

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
  • *Instant account opening is only applicable for Singapore incorporated companies opening its first OCBC Business Banking Account owned by one or two Singaporeans and PRs only, and will be subjected to approval by OCBC Bank. For others, you can still apply online and we will follow up with you on your application.
  • 2. Only applicable where the shareholder of the new company is:
    • a. A shareholder of at least one other existing company banking with OCBC.
    • b. A director of any the above companies (new or existing).
    • Subject to bank's final decision.
  • 3. Only applicable to FAST and GIRO transactions done online via Velocity©ocbc; through the new business account.


Important Notices

We are excited to assist you to get your business started.

By clicking on the email link below and providing your details, you'll allow us to share your details with 4 of our corporate secretary partners who will get in touch with you for your incorporation needs.

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