Business Entrepreneur Account Plus

For expanding & established businesses
to manage payments & collections



  • Minimum initial deposit of S$30,000
  • Instant account opening* with cheque book issued on the spot
  • Personalised Business Debit Card with lifetime waiver of annual fees

Eligibility

  • 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

S$
30,000

Min. monthly avg. balance

S$
30,000
otherwise, monthly service fee of S$50 applies

Cheques

Free
First 50 cheques monthly

Detailed fees & charges

Cheques

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

OCBC Business Mobile Banking

  • Quick access with OCBC OneTouch™
  • Comprehensive overview on your account information in real time

OCBC Business Mobile Banking details

eAlerts@ocbc

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

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.




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