Digital Business Banking - Transactions | OCBC Business Banking SG

Power your business with OCBC Velocity Digital Business Banking

Let OCBC Velocity help you stay on top of all your business accounts and transactions.

With OCBC Velocity, you can view all your business accounts and balances in one place. Manage all your cash transaction requirements as well as generate reports or statements in just a few clicks.

What's more, you can grow your business globally, transact and connect internationally as well as manage foreign currency risks easily.

Make transactions

From frequent transfers to urgent payments, OCBC Velocity lets you transact with ease from your account, in the preferred currency.

Local transfers

Manage your transactions easily and securely with 24/7 convenience. Learn about how you can use GIRO, FAST, MEPs and more, to help you transfer locally.

Manage your transactions easily and securely with 24/7 convenience. Learn about how you can use GIRO, FAST, MEPs and more, to help you transfer locally.

Overseas transactions

Access major foreign currencies and transfer funds quickly through TT (Telegraphic Transfer) or through IACH (International Automated Clearing House) for non-urgent transfers.

Access major foreign currencies and transfer funds quickly through TT (Telegraphic Transfer) or through IACH (International Automated Clearing House) for non-urgent transfers.

OCBC Business Debit Card

Consolidate business expenses, make payments, and withdraw cash with your personalised Business Debit Card.

Consolidate business expenses, make payments, and withdraw cash with your personalised Business Debit Card.

Receive payments

Collect payments quickly and securely with these digital and cashless methods.

PayNow and SGQR

Enjoy instant collection and direct account crediting. You can also generate QR codes for contactless and convenient payments.

Enjoy instant collection and direct account crediting. You can also generate QR codes for contactless and convenient payments.

Card acceptance

Enable your business to receive Visa, MasterCard payments and more. You can choose to accept payments for:

  • In-store sales through credit card terminals, including contactless payments and other forms of mobile payments.
  • Online sales and services through internet payment.

Enable your business to receive Visa, MasterCard payments and more. You can choose to accept payments for:

  • In-store sales through credit card terminals, including contactless payments and other forms of mobile payments.
  • Online sales and services through internet payment.

Business Deposit Card

Deposit your cash in a safe and easy way with our deposit-only card. Enjoy greater savings and say goodbye to waiting in branch queues. With our Business Deposit Card, your daily cash deposit is just an ATM visit away for you and your employees.

Deposit your cash in a safe and easy way with our deposit-only card. Enjoy greater savings and say goodbye to waiting in branch queues. With our Business Deposit Card, your daily cash deposit is just an ATM visit away for you and your employees.

ACCESS VELOCITY@OCBC ON THE GO

Download the Business Banking Mobile app

velocity app
OCBC Business Banking Mobile app
DIGITAL BUSINESS BANKING

Log in to OCBC Velocity

OCBC Velocity Service Packages

Access to OCBC Velocity is free for all business accounts.

From your daily banking needs to complex control and approval structures, you can choose a setup that caters to your business' unique needs.

Basic Standard Classic Premium
1 user or more 1 user or more At least 2 users Fully customisable roles

The role of this user is a "Viewer".

Viewers can view account balances and statements only.

No transactions can be performed.

The role of this user functions as both a "Maker" and "Authoriser".

Good for smaller or single-man operating businesses.

Users in this package can:

View account balances, statements and trade finance portfolio*.
*If the trade account is tagged.

Perform transactions:

  • Make local and overseas transfers
  • Pay bills
  • Manage payroll
  • Do fund collection
  • Submit selected trade finance applications and instructions
  • Receive notifications
  • Manage beneficiary payee & payer list
  • Manage templates

The roles of users can be assigned to either "Maker" or "Authoriser".

Good for larger and more complex businesses.

Maker
Perform transactions:

  • Make local and overseas transfers
  • Pay bills
  • Manage payroll
  • Do fund collection
  • Submit selected trade finance applications & instructions
  • Receive notifications
  • Manage beneficiary payee & payer list
  • Manage templates

Authoriser
1 person can approve a transaction

OR

2 people are required to jointly approve a transaction.

Access control and approval structure that caters to your company's needs.

Perform transactions:

  • Make local/overseas transfers
  • Pay your bills
  • Manage your payroll
  • Do fund collection
  • Submit selected trade finance applications & instructions
  • Receive notifications
  • Manage beneficiary payee & payer list
  • Manage template

Basic

 
1 user or more
The role of this user is a "Viewer".
Viewers can view account balances and statements only.
No transactions can be performed.

Standard

 
1 user or more
The role of this user functions as both a "Maker" and "Authoriser".
Good for smaller or single-man operating businesses.
Users in this package can:
View account balances, statements and trade finance portfolio*.
*If the trade account is tagged.
Perform transactions:
  • Make local and overseas transfers
  • Pay bills
  • Manage payroll
  • Do fund collection
  • Submit selected trade finance applications and instructions
  • Receive notifications
  • Manage beneficiary payee & payer list
  • Manage templates

Classic

 
At least 2 users
The roles of users can be assigned to either "Maker" or "Authoriser".
Good for larger and more complex businesses.

Maker
Perform transactions:
  • Make local and overseas transfers
  • Pay bills
  • Manage payroll
  • Do fund collection
  • Submit selected trade finance applications & instructions
  • Receive notifications
  • Manage beneficiary payee & payer list
  • Manage templates

Authoriser
1 person can approve a transaction
OR
2 people are required to jointly approve a transaction.

Premium

 
Fully customisable roles
Access control and approval structure that caters to your company's needs.
Perform transactions:
  • Make local/overseas transfers
  • Pay your bills
  • Manage your payroll
  • Do fund collection
  • Submit selected trade finance applications & instructions
  • Receive notifications
  • Manage beneficiary payee & payer list
  • Manage template

Not registered for OCBC Velocity? Apply with this form.