To apply 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 CorpPass. You should also prepare images of your signature for upload. If more documents are required, we will reach out to you.
Business Growth Account
Activate. Operate.
Celebrate with S$188^
Simple, secure and convenient — get your account number on the spot when you apply online. Enjoy 2 months FREE!
Benefits
Free unlimited FAST/GIRO transactions
For local transfers, enjoy all-you-can-use FAST, GIRO, PayNow transactions for free. For international transfers, check out our pricing guide below.
Up to 1% cashback with your free debit card
Get 1% cashback on everyday business spend and unlimited 0.2% cashback on all other spend. Terms & conditions apply.
More insights. More business.
Know your business trends and cashflow health better with OCBC Business app, to make better business decisions.
Tailored solutions for your industry
From healthcare, to logistics, to F&B and more, we have the right industry solutions for your ambitions and needs. Try the OCBC OneCollect app for free.
Ready to apply?
Get your Business Growth Account instantly* online
Enjoy 2 accounts for the price of 1
Open an SGD Account and get a Multi-Currency Account for free!
Expand your business to Malaysia
Leverage our extensive local knowledge and cross-border business solutions to seize new opportunities in Malysia.
The all-in-one business account gets you:
- Free unlimited FAST/GIRO transactions
- Up to 1% cashback with your debit card
- First 2 months for free
What our customers say
Recommended Products
Multi-Currency Account
Transact internationally with up to 13 major currencies. No set-up fee, no fall below fee.
Industry-Specific Solutions
Financial solutions designed with your industry and needs in mind
Business Term Loan
Fund your business expansion or enhance day-to-day operations.
Our awards and accolades
Before you apply
Eligibility requirements
Country of Registration
- Businesses registered in Singapore
- For businesses registered in other countries, apply for the Business Foreign Account
Terms and conditions
*Instant account opening is subject to a review by OCBC Bank and only applicable for Singapore-registered businesses that are opening their first OCBC Business Account and are owned by one or two Singapore citizens or Permanent Residents (PR). For everyone else, you can still apply online and we will contact you to assist with the application.
Fees and charges
Initial deposit
S$1,000
Fall below fee
S$15 per month if monthly average balance falls below S$1,000
GIRO and FAST transaction
Free for local transfers. Refer to the Business Banking Pricing Guide
Account fee
S$10 per month. Waived for the first 2 months.
Pricing guide and notices
Complete list of fees and charges
Refer to the Business Banking Pricing Guide
Complimentary 6-month Fire Insurance
Terms and Conditions
Download Terms & Conditions governing the Complimentary Great Eastern Fire Insurance Promotion
By proceeding with the business account application, consent is obtained to provide necessary information to Great Eastern to apply and issue the insurance policy.
Additional Information
FAQS
Common questions
What are the documents required to open my account online?
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.