OCBC Business Entrepreneur Account

Save more for your business

  • Free monthly transactions worth S$288
  • No minimum deposit for first 6 months
  • Free Business Internet Banking and Business Alerts
  • Open your account instantly online with MyInfo (Login via SingPass)


  • All businesses registered and based in Singapore
  • For all other businesses, please apply for the Business Foreign Account
  • Additional eligibility criteria may apply
Open account instantly

OCBC Business Entrepreneur Account

Running a business has many challenges. Banking should not be one of them. That's why we have designed the OCBC Business Entrepreneur Account to help you save more with free transactions and business services, so that you can focus on growing your business.

Free transactions every month

  • 200 GIRO Transactions
  • 50 FAST/PayNow Payment Transfers^
  • 2 outward Telegraphic Transfers1 with 'OURSELVES' or 'SHARED' charge types

All transactions must be made via Business Internet Banking (Velocity@ocbc)


Low initial deposit

  • Start your account with just S$3,000


No minimum balance for first 6 months

  • Thereafter, maintain a monthly average balance of S$5,000


Instant* Account Opening

  • Open your Business Growth account or
    Business Entrepreneur account instantly when
    you apply online with MyInfo (Login via SingPass) or
    your OCBC Personal Banking credentials.
  • No need to queue. No paperwork needed.

More cost savings

  • Free Business Internet Banking
  • Free Business Mobile Banking
  • No annual fee on your personalised OCBC Business Debit Card
  • No monthly account fee for the first 3 months, thereafter S$38 per month
  • Free Cash Alerts via email or SMS (only for Singapore-registered numbers)


50% off Singtel Business Mobile Plan2

  • Enjoy savings on your mobile plan and mobile security for your phone. Offer only available at point of account opening for new OCBC Business Banking Customers
  • Read more

Starting your next new business

Starting your next new business?4

Open your next business account and enjoy:

  1. No initial deposit
  2. Savings of $114 from additional 3 months of monthly account fee waiver

Open account instantly

Stay on top of your business


Business Internet Banking

Business Internet Banking (Velocity@ocbc)

  • Quick overview of your account summary, payments, collections and trade activities
  • Access to richer reporting to help you make informed business decisions
  • Intuitive steps to help you get your transactions done faster and easier

Read more

Business Internet Banking

Digital Business Dashboard

  • Powered by data from the various business apps that your business is using.
  • See how the different parts of your business is performing, all in one place, on any device.
  • Start seeing patterns and trends that can help you to manage and grow your business better.
  • Free for all OCBC Business Banking customers.

Learn more

Business Mobile Banking

Business Mobile Banking

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

Read more

Business Alerts

Business Alerts (eAlerts@ocbc)

  • SMS or email alerts directly to you
  • Be on top of your transactions and balances

Read more

Business Debit Card

OCBC Business Debit Card

  • 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.

Read more

For full fees and charges, download Business Banking Pricing Guide

Need help with
your application?

Call us at (65) 6538 1111 (Monday to Friday excluding public holidays 8.30am-6pm)

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Business Smart Account

  • Business Account in USD with flat telgraphic transfer fees

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Business First Loan

  • Suitable for start-ups as young as 6 months old
  • Get access of up to S$100,000 with a flexible repayment period of up to 4 years
  • Collateral-free loan

Find Out More

Our awards and accolades

Asia's Best Bank for SMEs 2019


Asean SME Bank of the Year 2019

Asian Banking & Finance

Terms and Conditions apply.


  1. Only applicable for outward telegraphic transfers where charge type is stated as 'OURSELVES' (all local and overseas charges to be paid by account holder) or 'SHARED' (local charges to be paid by account holder, overseas charges to be paid by beneficiary) and excludes any applicable agent fee. All charges, if converted into another currency, are performed at the Bank's published foreign exchange rates.
  2. Singtel Business Mobile Plan
    • Eligible to all new OCBC Business Banking customers who successfully open any OCBC Business Account. Additional eligibility criteria may apply
    • Will continue to be valid as long as the OCBC Business Account is maintained
    • Does not include any device and/or handset vouchers. For full terms and conditions, visit www.singtel.com/ocbctnc
  3. *Instant account opening is only applicable for Singapore incorporated companies opening its first OCBC Business Banking Account owned by one or two Singaporeans and PRs only, and will be subjected to approval by OCBC Bank. For others, you can still apply online and we will follow up with you on your application.

  4. Only applicable where the shareholder of the new company is:
    • a. A shareholder of at least one other existing company banking with OCBC.
    • b. A director of any the above companies (new or existing).
    • Subject to bank's final decision.
  5. ^Valid from: 1 October to 31 December 2019
  6. Personal Accident Insurance (GE PA Supreme):
    • Eligible to all new OCBC Business Banking customers who successfully open any OCBC Business Account. Additional eligibility criteria may apply
    • Insurance policies will be underwritten by Great Eastern General Insurance Limited (�GE General�) and are not bank deposits or obligations of, or guaranteed by OCBC Bank
    • Promotion is only applicable at the point of account opening
    • The insurance will be in force only when information provided by customer is accepted by GE General and GE General informs the customer of such acceptance.
    • For more information, contact GE at 6248 2608 or email OCB_NB@greateasternlife.com


Important Notices