Business Foreign Account

Banking on our expertise
for assurance

  • Low minimum balance requirement
  • Accounts in various currencies to suit your business needs
  • Instant Velocity@ocbc token issuance at account application*


  • All companies incorporated outside of Singapore
  • For all other businesses, please apply for the Business Growth Account
  • Additional eligibility criteria may apply.
Apply Now

Account fees & charges

Download foreign business account pricing guide

Enjoy an exceptional banking experience through a service that puts you first. Your dedicated relationship manager will be available to provide assistance for all your banking needs, even when you are not in Singapore.

Contact us to find out how you can qualify for the OCBC Business Priority Service.

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.

Other Payment / Cashflow solutions


Trade Services

  • Buyer (Import Finance)
    • Secure your deals and get your shipment via a range of trade finance services
    • Avoid demurrage charges
  • Seller (Export Finance)
    • Receive payment from your buyer and secure your deal via a range of trade finance
    • Manage your cash flow with our financing solutions
  • Middleman
    • Secure your seller's goods, and get payment from the buyer


To find out more about doing business in Singapore, click here.

Open your Business Foreign Account


Call or SMS us at (65) 8333 0866

    to make an appointment.

Important notices
  • Deposit insurance scheme

    Deposit insurance scheme

    Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

  • Business Account Terms and Conditions
  • Foreign currency deposit

Terms and conditions apply.
*Velocity@ocbc token(s) will only be activated upon successful account opening.