OCBC Business Entrepreneur Account is a business current account specially designed for new businesses. With a hassle-free account opening process and low maintenance costs, this account will give your business the head start to succeed.
Benefits
Unlimited free cheques^
Account service fee waiver for 6 months*
Your personalised Business Card with lifetime waiver of annual card fee
50% off GIRO Transaction fees via Velocity@ocbc^
1 free Digipass for Velocity@ocbc
Eligibility
Initial deposit of S$500
All new businesses within 6 months of date of incorporation
Fee and Charges
Should your average monthly balance fall below S$8,000 after 6 months of account opening, a minimum-balance fee of S$25 per month will be levied
* Should your average monthly balance fall below S$8,000 after 6 months of account opening, a minimum-balance fee of S$25 per month will be levied.
^ OCBC Business Entrepreneur Account will be automatically converted to a SGD Business Account after 2 years. The following pricing will apply:
- First 30 cheques free per month, subsequent cheques at S$0.50 per cheque
- S$0.20 per GIRO transaction
# The S$30 annual account service fee will be reflected in your second business account statement from date of account opening, and every subsequent year thereafter.
SGD Business Account
A flexible Singapore Dollar Chequing Account that allows large corporate and small businesses to manage day-to-day payments and collections.
Benefits
A minimum initial deposit of S$5,000
30 free cheques per month
Your personalised Business Card with lifetime waiver of annual card fee
Fee and Charges
Should your average monthly balance fall below S$8,000, a minimum-balance fee of S$25 per month will be levied
Annual account service fee of S$30 applies#
S$ 0.50 per cheque from the 31st cheque onwards per month
# The S$30 annual account service fee will be reflected in your second business account statement from date of account opening, and every subsequent year thereafter.
