Singapore Dollar Current Account - Banking

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Singapore Dollar Current Accounts

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Business Entrepreneur Account

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.

	Click here for more information on Business Entrepreneur Account

Benefits

	Unlimited free cheques^

	50% off GIRO Transaction fees via Velocity@ocbc^

	1 free Digipass for Velocity@ocbc

	Account service fee waiver for 6 months*

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$10,000 after 6 months of account opening, a monthly service fee of S$15 will be levied.

	Click here for Pricing Guide

* Should your average monthly balance fall below S$10,000 after 6 months of account opening, a monthly service fee of S$15 will be levied.

^ OCBC Business Entrepreneur Account will be automatically converted to a SGD Chequing 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 transcation

Business Privilege Account

A Flexible Singapore Dollar Current Account, specially designed to help expanding business manage day-to-day payments and collections. It comes bundled with user-friendly features such as unlimited free cheques and *eAlerts@ocbc – an alert notification service which updates you on the status of your account.

	Click here for more information on Business Privilege Account

Benefits

	Unlimited free cheques

	GIRO transaction fees at S$0.10 via Velocity@ocbc

	Up to 3 free Digipasses for Velocity@ocbc

	eAlerts@ocbc an alert notification service at S$15 per month. First three months free

Eligibility

	Minimum deposit of S$5,000

Fee and Charges

	S$20 per month of monthly average balance falls below S$10,000

	Please note that should the eAlerts@ocbc service be terminated, the Business Privilege Account will be automatically converted to an ordinary current account. In such a case, the standard fees applicable to such current account, as set out in the pricing guide for such account, will apply

	Click here for Pricing Guide

Singapore Dollar Chequing Account

A flexible Singapore Dollar Chequing Account that allows large corporate and small businesses to manage day-to-day payments and collections.

Eligibility

	Minimum initial deposit of S$ 5,000

	Minimum credit balance of S$ 10,000

Fee and Charges

	S$15 per month if monthly average balance falls below S$ 10,000

	S$ 0.50 per cheque from the 31st cheque onwards per month

	Click here for Pricing Guide

Next Steps

Find out more on OCBC Business Accounts