OCBC Business Entrepreneur Account

More value, less hassle for your business

  • Free monthly transactions worth S$288
  • Free Business Internet Banking and Business Alerts
  • Open your account in 1 day. No signature, no meet up required*.
    Learn more

Eligibility

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

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
  • 20 FAST Payment Transfers
  • 2 outward Telegraphic Transfers1 with 'OURSELVES' or 'SHARED' charge types
  • 30 cheques

All transactions, except cheques clearance, 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

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

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 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 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

Business Alerts

Business Alerts (eAlerts@ocbc)

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

Read more

For full fees and charges, download Business Banking Pricing Guide

Documents required to open an account

How to apply?

Skip the branch. Apply online, call or SMS us:

Call us at (65) 9662 3622

SMS <your name> and <company name> to (65) 9662 3622

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  • Collateral-free loan

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Our awards and accolades

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

Euromoney 2016 - 2017

Excellence In Retail Financial Services
Terms and Conditions apply.

 

  • *1 Day Account Opening:
    • Only applicable to (1) Singapore-registered Sole Proprietorships owned by an individual or (2) Singapore-incorporated private limited companies with a sole shareholder, who is also the sole director.
    • The individual must (i) be a Singapore citizen or Singapore permanent resident and (ii) have an existing OCBC personal bank account.
    • Accounts will be opened the next working day for applications submitted before 12pm on the previous working day.
    • The Bank reserves the right to request for additional documents to support account opening.
  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. 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