Monthly fee of S$30 will no longer apply for Velocity@ocbc service package with effect from 15 March 2017
Changes in SGD and USD chequebook courier charges from 1 April 2017
From 4 April 2017, S$40 will be applied to additional reasons for SGD returned cheques
Disontnuation of Easi-Procheck Service from 1 January 2017
Revision of Audit Confirmation charges from 1 January 2017
Revisions of OCBC Business Account Terms and Conditions with effect from 5 December 2016
Termination of Overseas Clearing Service for DKK Cheques from 1 October 2016
FAST standard fee of S$5 per transaction from 1 August 2016
Business account opening services will be available at selected branches from 1 June 2016
Discontinuation of business account opening services at selected branches from 1 June 2016
From 9 May 2016, you will be required to make changes to the instructions for any FAST Payment/Payroll/Management Payroll /Collection/Upload File transaction sent to a HSBC retail account
Termination of Travellers’ Cheque Clearing Service from 1 June 2016
Revisions to OCBC Business Account Terms and Conditions with effect from 25 April 2016
Revision of charges for OCBC Security Bag and Tag from 1 April 2016
Account set-up fee for JPY Business Call Account with effect from 1 April 2016
Reminder on fee for Returned Cheque for SGD Business Accounts
Discontinuation of OCBC Quick Cheque Deposit Service at Caltex Macpherson on Thursday, 31 March 2016, 3:30pm
Discontinuation of business account opening services at selected branches from 1 March 2016
Security Alert: New variant of Tinba Malware targeting Asia Pacific region (January 2016)
Corporate customers will be requested to disclose source of funds for large deposits over branch counter starting from 27 November 2015
Revisions to OCBC Business Account Terms and Conditions with effect from 1 January 2016
Discontinuation of business account opening services at selected branches from 1 December 2015
Revision of monthly service fee for CHF Business Call Accounts effective 1 November 2015Discontinuation of business account opening services at selected branches from 1 March 2016
Revised interest rate for AUD and GBP Business Call Accounts effective 1 October 2015
Discontinuance of physical cheque retrieval service with effect from 1 October 2015
Implementation of Dynamic Currency Conversion Fee (DCC) with effect from 1 September 2015
Revised charging for Internal Funds Transfer (IFT) with effect from 1 August 2015
New business internet banking login page from 5 July 2015
Security Alert : Increase in frequency of malicious software eg. Dridex, Dyre (Dyreza) - April 2015
Changes to Interbank GIRO with effect from 23 March 2015
Revision of account charges and new fee for CHF & EUR business accounts with effect from 1 April 2015
Revision of account charges for Business Foreign Account (CHF & EUR Call Accounts) with effect from 1 April 2015
New fee for SGD Returned Cheque for Business Accounts with effect from 1 April 2015
Revision to standard pricing for trade finance products with effect from 1 April 2015
Revision of terms and conditions for trade finance applications with effect from 1 April 2015
Fraud Advisory: Individuals or Parties claiming to represent Select Securities Limited (30 January 2015)
It has come to our attention that there have been individuals or parties purporting to represent Select Securities Limited and offering securities services to investors.
We would like to advise that while Select Securities Limited, registered in Hong Kong, is a subsidiary of OCBC Bank, it has not and does not provide securities services in any form, including the facilitation of shares purchases, to individuals or companies. Select Securities Limited is an investment holding company of the Bank that has been dormant since 2012. We would like to further highlight that we are not the owners of a website http://www.sshkasia.com bearing the name of Select Securities Limited.
If you have had interactions with persons purporting to represent Select Securities Limited previously, you are strongly advised to seek your own legal advice immediately and also consider lodging a report with the relevant law enforcement agencies.
Should you encounter any person or company making representations on behalf of Select Securities Limited, please notify our Business Banking Commercial Service Centre at firstname.lastname@example.org.
Fraud Advisory for customers based in the United Kingdom (11 November 2014)
An organisation that goes by the name of OCB Corporation has been representing itself as OCBC Bank in the United Kingdom, using high pressure sales tactics to try to persuade members of the public in UK to purchase certain investments that are recommended by them. Often the victims would be required to execute a Surety Bond in order to finalise the transaction. We would like to advise that OCB Corporation is in no way related to OCBC Bank.
OCBC Bank does not provide retail banking services to individual customers in the United Kingdom. OCBC Bank’s customer base in the United Kingdom comprises network corporate customers, large corporates, financial institutions and non-bank financial institutions operating in the country.
Should you be contacted in this regard, please report the matter to Action Fraud at 0300 123 2040 and notify our Business Banking Commercial Service Centre at email@example.com.
Revision of OCBC Business Account Terms and Conditions with effect from 1 December 2014
Drop your cheques at our new Cheque Deposit Service at Ang Mo Kio Esso station from 1 December 2014
Revision of banking hours for Ubi Business Banking Centre from 1 November 2014
Ubi Business Banking Centre will be closed on Saturdays starting from 1 November 2014. The new banking hours will be from Mondays to Fridays, 10.00am to 5.30pm.
Business Account Opening Services will not be available at the following branches from 1 November 2014
Bukit Batok Branch and Marina Bay Financial Centre Branch will not offer Business Account Opening Services with effect from 1 November 2014.
Revision of fees and charges for Demand Draft from 1 October 2014
Revision of Audit Confirmation charges with effect from 1 August 2014
Notification on Voice Call Recordings
Please note that your calls from and to OCBC Bank may be recorded for training and quality purposes. Full details of these purposes and how we handle your personal data are available online at www.ocbc.com/business-policies .
Revision of OCBC Business Account Terms and Conditions with effect from 1 July 2014
Closure of Jurong Business Banking Centre
Jurong Business Banking Centre will cease operations from 5pm on Friday, 27 June 2014.
A new Business Banking Centre located at Block 637, Bukit Batok Central #01-16, Singapore 650637 will start operations from Monday, 30 June 2014, 9.30am to 5pm.
Reinstatement of tracer and US dollar payment cable fee for Trade Finance services with effect from 2 June 2014
Revision of Agent Fees for Overseas Clearing of USD Cheques and Minimum Accepted Value from 2 May 2014
Closure of Jalan Besar Business Banking Centre
Please be informed that with effect from 1 April 2014, the Business Banking Centre at Jalan Besar Branch will be closed.
Access to the old Velocity@ocbc (business internet banking) platform will no longer be available 30 days after migration
A reminder that with your company's migration to our new Velocity@ocbc (business internet banking) platform: https://velocity.ocbc.com, your access to the old platform will no longer be available 30 days after migration.
Please download all required transaction history from the old platform before your access is discontinued.
Revision of Incidental Overdraft Charge for Foreign Currency Business Accounts from 3 February 2014
Fraud Advisory (6 December 2013)
We do not have a staff by the name of “James Morris” nor do we offer Business Loans with interest rate of 2% and Load re-payment plan of 12 to 24 months. Should you receive any emails from addresses ‘firstname.lastname@example.org’ and ‘email@example.com’ please notify our Business Banking Commercial Service Centre at 6538 1111.
Revision of Singapore Dollar Business Accounts Minimum Monthly Average Balance & Monthly Service Fee from 1 October 2013
OCBC Business Debit Card and Business Credit Card - Deactivation of magnetic stripe with effect from 1 October 2013
Additional clause for OCBC Business Debit Card with effect from 1 October 2013
With effect from 1 October 2013, an additional clause for the OCBC Business Debit Card will be included in the OCBC Business Debit Card Agreement and the Business Account Terms and Conditions (Section D: OCBC Business Debit Card Agreement).
Please click here to read more.
OCBC Business Debit Card - One-time password (OTP) via SMS with effect from 1 July 2013
Revision in over the branch teller counter bulk cash deposit fee and transaction fees from 1 July 2013
Discontinuation of OCBC Quick Cheque Deposit Service at AMK Caltex from 14 June 2013 at 3:30pm
Update on Activation/Deactivation of Overseas ATM Cash Withdrawal feature (10 June 2013)
Additional clause for OCBC Business Debit Card with effect from 10 June 2013
With effect from 10 June 2013, an additional clause for the OCBC Business Debit Card will be included in the OCBC Business Card Agreement and the Business Account Terms and Conditions (Section D: OCBC Business Card Agreement).
Please click here to read more.
Security Advisory : Security Alert on Malware in Circulation (13 March 2013)
We would like to bring to your attention that there have been recent reports of new malware attacks on internet banking websites. Please click here to find out more.
Revision of eAlerts@ocbc monthly fee from 1 March 2013
Revision of annual account service for Business Entrepreneur Account from 1 March 2013
Revision of outward telegraphic transfer cable charge via Velocity@ocbc (Business Internet Banking) and via branch from 1 March 2013
Closure of Marina Bay Financial Centre Business Banking Desk
Please be informed that with effect from 1 December 2012, the Business Banking Desk at Marina Bay Financial Centre will be closed.
Deactivation of magnetic stripe on your Business Debit Card
From 1 July 2012, the magnetic stripe on your Business Debit Card will be deactivated for local transactions. Thereafter, all local transactions can only be made with the EMV chip on your card. You may, however, continue to use the magnetic stripe for overseas transactions.
New Service Fee for Business Foreign Currency Call Account with effect from 1 October 2011