Velocity@ocbc (business internet banking)

  • Information At Your Fingertips

    Overview at a glance

    Dashboard gives an overview of all outstanding tasks and a summary of your cash position and portfolio activity.

    Stay up-to-date on your account

    Recent transaction activities across your set of accounts summarised in a single page.

    Richer information for better decisions

    Up-to-date foreign exchange rates and richer information reporting such as Trade Portfolio limit, where you can track your company's trade financing credit limits and utilisation, helps you make informed business decisions.

  • Receive Timely Notifications

    Receive timely notifications

    Have the option to get notified on cash transaction authorisations and statuses via SMS or email.

  • Transactions Made Simpler

Service Package

Whether you are a small business with simple banking needs or an organisation with
complex control and approval structures, Velocity@ocbc will cater to your needs.

Basic Standard Classic Premium
1 user or more

  • View account balances and statements only
1 user or more

  • View account balances, statements and trade finance portfolio*
    * If trade account is tagged
  • Perform transactions:
    • Make local/overseas transfers
    • Pay your bills
    • Manage your payroll
    • Do fund collection
    • Submit selected trade finance applications & instructions
    • Receive notifications
    • Manage beneficiary payee & payer list
    • Manage template
At least 2 users

consisting of:

Maker

  • Create transaction
    • Make local/overseas transfers
    • Pay your bills
    • Manage your payroll
    • Do fund collection
    • Submit selected trade finance applications & instructions
    • Receive notifications
    • Manage beneficiary payee & payer list
    • Manage template
Authoriser

1 person can approve a transaction
OR 2 persons required to jointly approve a transaction.

You can appoint a dedicated user or assign any user to perform account administration.

Fully Customisable Roles

access control and approval structure that caters to your company's need


S$500 annual fee may apply.
(waived if your company performs at least 250 transactions/year)
transactions include Telegraphic Transfer, MAS Electronic Payment System (MEPS), Demand Draft, Cashier’s Order, GIRO, FAST, Letter of Credit, Banker’s Guarantee and Standby LC.
1 free token

additional token at S$20 each

1 free token

additional token at S$20 each

3 free tokens

additional token at S$20 each

10 free tokens

additional token at S$20 each

Ready to apply? Here's how

1. Complete and sign your

Velocity@ocbc application form

Download Form
Who should sign the application form
Business Type Who Should Sign?
Private Limited Per Private Limited Board Resolution
Limited Liability Partnership Per Limited Liability Partnership Board Resolution
Partnership All Partners
Sole Proprietorship Business Owner
Society/Club/Associations As per bank’s standard minutes of meeting

2. Prepare business document

3. Mail all documents to

OCBC Bank
Global Transaction Banking
65 Chulia Street
#11-00
OCBC Centre
Singapore 049513

Once you get your starter kit

You should receive a starter kit within 7 business days from the receipt of
completed application (except Premium Service Package).

If you are an authoriser,

you will be required to acknowledge on the authoriser acknowledgement form found in the starter kit. OCBC will activate the authoriser’s token for Velocity@ocbc within 5 business days.

For other users,

have your password mailer and token ready and start accessing your account.

Minimum System Requirements

Latest 4 versions

Latest 10 versions

Latest 4 versions

Latest 10 versions

Usage on smartphone not supported yet