Business Entrepreneur Account Plus

For expanding & established businesses
to manage payments & collections

  • Minimum initial deposit of S$30,000
  • Personalised Business Debit Card with lifetime waiver of annual fees


  • All businesses registered and based in Singapore are eligible.
  • For all other businesses, please apply for the Business Foreign Account
  • Additional eligibility criteria may apply.
How to apply

Account fees & charges

Initial deposit


Min. monthly avg. balance

otherwise, monthly service fee of S$50 applies


First 50 cheques monthly

Detailed fees & charges


First 50 cheques are free every month, S$0.50 for every subsequent cheque

Transfer SGD locally (GIRO)

S$0.10 per GIRO transaction (via Velocity@ocbc (business internet banking) only).

Download full fees & charges guide

+ Show more details

Velocity@ocbc (business internet banking)

  • Access your account information
  • Make payments and collections
  • Manage your trade activities

Velocity@ocbc details

Business Mobile Banking

  • Quick access to your account balances with just one touch of your fingerprint
  • Make payments and approve transactions on the go

Business Mobile Banking details


Receive SMS or email for

  • Account balances and transactions
  • Incoming and outgoing funds
  • Funds top-up
  • Trade transaction status
  • Free for first 3 months

eAlerts@ocbc details

Business Debit Card with your
company logo

  • 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.

Local transfers and payments

Choose from a variety of methods to expedite transfers or payments locally.

Foreign currency transfers

Transfer money overseas in foreign currencies at a lower cost with demand draft, or choose telegraphic transfer for faster processing.

Cheque deposit boxes (outside branches)

Get greater convenience of depositing your cheques at selected petrol stations and industrial parks across the island.

Daily cheque collection and same-day processing

Let OCBC handle your cheque collection by receiving cheques at your designated post office box for same-day processing.

Accept card payments

Partner with OCBC as a merchant. We process your Visa and MasterCard transactions with competitive fees and quick payment service.

Receive scheduled GIRO payments

Set scheduled payments from your customers’ account via interbank GIRO direct debiting.

Best Bank for SMEs - Euromoney
Asia's Best Bank for SMEs

Euromoney 2016 – 2017

Best Bank for SMEs - Asiamoney
Best Bank for SMEs in Singapore

Asiamoney 2017

ASEAN SME Bank of the Year
ASEAN SME Bank of the Year

Asian Banking & Finance 2011 – 2017

ASEAN SME Bank of the Year
Best SME Bank in Southeast Asia

Alpha Southeast Asia 2013 – 2017

Best SME Bank in Singapore

Alpha Southeast Asia 2010, 2012 – 2017

How to apply?

CALL OR SMS US AT (65) 9662 3622

with your name & company name to make an appointment

Please bring along your initial deposit and business documents.

Terms and Conditions apply.
*Account opening is subjected to bank's approval.


Important notices