OCBC Business Growth Account

Give your business a strong start

  • No minimum balance for the first 6 months
  • Low initial deposit of S$500


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

Running a business has many challenges. Banking should not be one of them. That’s why we designed the OCBC Business Growth Account to be simple to apply and easy to maintain, and offers greater savings. Get off to a strong start with OCBC today.

Low initial deposit

  • Start your account with just S$500


No monthly account fee

  • Only an annual fee of S$38 applies


No minimum balance for first 6 months

  • Thereafter, maintain a monthly average balance of S$3,000

More cost savings

  • Free Business Internet Banking
  • Free OCBC Business Mobile Banking
  • No annual fee on your personalised OCBC Business Debit Card
  • Free Business Alerts via email or SMS (only for Singapore-registered numbers) for the first 3 months.
  • Free Personal Accident Insurance for 6 months for one director, shareholder, partner or beneficial owner per company


50% off Singtel Business Mobile Plan1

  • 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

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Business Mobile Banking

OCBC Business Mobile Banking

  • Quick access to your account balances with just one touch of your fingerprint
  • View your account information in real time

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Business Debit Card

OCBC Business Debit Card

  • Free personalised debit card with your company logo
  • Enjoy OCBC Cards promotions
  • Access to more than 1,200 ATMs island-wide
  • Enjoy the convenience of MasterCard and NETS network

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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

Personal Accident Insurance (OAC PA Supreme)2

  • 24-hour worldwide insurance protection
  • Free for 6 months
  • Sum insured of S$10,000 on death by Personal Accident
  • Only applicable to one director, shareholder, partner or beneficial owner per company

For full fees and charges, download Business Banking Pricing Guide

Documents required to open an account

How to apply?

Call us at (65) 9662 3622

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

Bank With Asia’s Best SME Bank

Your confidence is the accolade that means the most to us. And that is why we strive to make banking simple, fast and convenient. As Asia’s Best Bank For SME, we’re committed to help your business grow locally and beyond.

Find Out More

OCBC Asean SME Bank

You may also be interested in

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

Terms and Conditions apply.


  1. 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
  2. Personal Accident Insurance (OAC 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 OAC and are not bank deposits or obligations of, or guaranteed by OCBC Bank.
    • Promotion is only applicable at the point of account opening.
    • No insurance will be in force until information provided has been accepted by OAC.
    • For more information, contact OAC at 6248 2608 or email OCB_NB@greateasternlife.com


Important Notices