Banking

Banking

Documents required to open an account

1-i. What you need to bring

 

Private Limited

Limited Liability Partnership

Partnership/
Limited Partnership

Sole Proprietor

Society/
Club/
Association

OCBC Business Account
application form

yes

yes

yes

yes

yes

Board Resolution (bank's standard/company's)

yes

yes^

no

no

no

Certified true copy
of Memorandum & Articles of Association (M&A)

yes

no

no

no

no

Certified true copies of NRIC/Passport of All Authorised Signatories/Partners/Office Bearers

yes

yes

yes

yes

yes

Certified true copy
of By-Laws of Society/Association/
Club

no

no

no

no

yes

Certified true copy
of Minutes of Meeting of Management
Committee

no

no

no

no

yes#

Minimum deposit in cash or cheque

yes

yes

yes

yes

yes

^LLP to also submit their LLP Partnership Agreement, if available
#To include authorisation to open and close accounts with the Bank and appointment of authorised signatories.

 

1-ii. Certification of true copies

Photocopied documents must be certified true by signature from the following:

Private Limited

Any 2 Directors or Director & Company Secretary (For M&A, any Director or Company Secretary)

Limited Liability Partnership

Any 2 Partners

Limited Partnership

Any General Partner

Partnership

Any 2 Partners

Sole Proprietorship

Business Owner

Society/Club/Association

Any 2 Office Bearers

 

2. Signatories required to be present at bank branch for account opening

The following signatories must be present with their NRICs/Passports at OCBC Bank Branch at point of account opening;

Private Limited

Any 2 Directors
(unless otherwise specified in board resolution)

Limited Liability Partnership

Any 2 Partners

Limited Partnership

All General Partners

Partnership

All Partners

Sole Proprietorship

Business Owner

Society/Club/Association

Any 2 Office Bearers

Fees & charges - Business Pricing Guides

Download the Business Banking Pricing Guide (for Business Banking customers) to view the fees & charges for business banking products & services.

Download the Corporate & Institutional Banking Pricing Guide (for Corporate & Institutional Banking customers) to view the fees & charges for business banking products & services.