Account service fee
S$40 a year.
This S$40 annual account service fee will be reflected in your second business account statement from date of account opening, and every subsequent year thereafter.
First 30 cheques are free every month, S$0.50 for every subsequent cheque
Transfer SGD locally (GIRO)
S$0.20 per GIRO transaction
Receive SMS or email for
Let OCBC handle your cheque collection by receiving cheques at your designated post office box for same-day processing.
Partner with OCBC as a merchant. We process your Visa and MasterCard transactions with competitive fees and quick payment service.
Set scheduled payments from your customers’ account via interbank GIRO direct debiting.
for initial deposit
Deposit insurance scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.