Business Entrepreneur Account Plus

Our fuss-free solution for businesses to manage payments and collections

Why you will love this

No recurring account fees

Our Business Entrepreneur Account Plus is designed to support expanding and established businesses by removing account fees.

Before you apply

Eligibility requirements

Type of business
All businesses registered and based in Singapore
For all other businesses, please apply for our Business Foreign Account
Additional eligibility criteria may apply

Fees and charges

Initial deposit of S$30,000
Min. monthly average balance of S$30,000. Fall-below fee of S$50 applies.

Pricing guide and notices

Full pricing guide and service fees

Business Financial Management

Business Financial Management

Always be ready for unexpected changes and new opportunities. Plan your business ahead with our Business Financial Management capabilities, integrated in OCBC Velocity.

*Free with your OCBC business account

Common questions
See all questions
What are the documents required to open my account online?

You should have on hand your business registration details i.e. Company name or UEN (Unique Entity Number) and your identification details for Singpass or Passport authentication. You should also prepare images of your signature for upload.

You may submit an online application to us here. The bank will contact you within 3 working days to assist you.

If I already have an existing OCBC business account, can I open another account (subsequent account) for my business?

Yes, you can open a subsequent account to serve your business needs such as receiving of funds in different currency or segregating of transactions for better financials management.

If you are a sole proprietor or single director of the company, you can apply for a subsequent account via OCBC Velocity.

In the event that you are not able to complete your application on OCBC Velocity, you may reach out to us directly via the online enquiry form. The bank will contact you within 3 working days to assist you.

Find out more.
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$100,000 in aggregate per depositor per scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Register of Insured Deposits
Business Account Terms and Conditions
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