Business Growth Account - Corporate Account | OCBC Business Banking SG

Business Growth Account

Open your Business Account online

Why you will love this

No initial deposit, no minimum balance required

Unlimited free FAST and GIRO transactions

Open your account safely online

Who can apply

All businesses registered in Singapore

For all other businesses, please apply for the Business Foreign Account

Additional eligibility criteria may apply

Apply online

No physical contact needed, no crowd. Open your business account online and get your account number on the spot. Simple, safe and convenient.

Benefits

Save on fees

We are the only bank with free unlimited FAST and GIRO transactions, making it cost-effective for your business. No fall-below fee also makes it easy for you to maintain the account.

Save your time

Open your business account instantly* online and receive your account number on the spot. No meet up or paperwork required. However, if you need us, we are just a call away.

Use your money for your business

We are the only bank that does not require any initial deposit to open a business account.

Expect more than usual banking services

Besides OCBC Velocity, Mobile Banking App and Business Debit Card, your business account also comes with our complimentary digital business dashboard. This helps you keep track and run your business.
Tools for your business

OCBC Velocity

Quick overview of your account summary, payments, collections and transaction activities. Access to richer reporting to help you make informed business decisions. Intuitive steps to help you get your transactions done faster and easier.

Learn more

Quick overview of your account summary, payments, collections and transaction activities. Access to richer reporting to help you make informed business decisions. Intuitive steps to help you get your transactions done faster and easier.

Learn more

Digital Business Dashboard

Powered by data from the various business apps that your business is using. See how the different parts of your business is performing, all in one place, on any device. Start seeing patterns and trends that can help you to manage and grow your business better. Free for all OCBC Business Banking customers.

Learn more

Powered by data from the various business apps that your business is using. See how the different parts of your business is performing, all in one place, on any device. Start seeing patterns and trends that can help you to manage and grow your business better. Free for all OCBC Business Banking customers.

Learn more

Business Mobile Banking

Quick access to your account balances with just one touch of your fingerprint. Make payments and approve transactions on-the-go.

Learn more

Quick access to your account balances with just one touch of your fingerprint. Make payments and approve transactions on-the-go.

Learn more

OCBC Business Debit Card

Enjoy the convenience of MasterCard and NETS network. Access to more than 1,200 ATMs island-wide. Enjoy 0.5% rebate on foreign currency spend and 0.2% rebate on local currency spend. No minimum spend, no rebate cap. Enjoy OCBC Cards promotions. Free personalised debit card

Learn more

Enjoy the convenience of MasterCard and NETS network. Access to more than 1,200 ATMs island-wide. Enjoy 0.5% rebate on foreign currency spend and 0.2% rebate on local currency spend. No minimum spend, no rebate cap. Enjoy OCBC Cards promotions. Free personalised debit card

Learn more
Promotions

Exclusive OCBC Multi-Currency Business Account promotion

Open an OCBC Multi-Currency Business Account with your Business Growth Account and enjoy both with just one account fee of S$10 per month!

Apply now

Before you apply

Eligibility requirements

Location of business incorporation and registration
All businesses registered in Singapore For other business i.e. Foreign incorporated, please apply for Business Foreign Account
Terms and conditions
Download business account terms and conditions
*Instant account opening is only applicable for Singapore incorporated companies opening its first OCBC Business Banking Account owned by one or two Singaporeans and PRs only, and will be subjected to approval by OCBC Bank. For others, you can still apply online and we will follow up with you on your application.

Fees and charges

Initial deposit
NA
Fall below fee
NA
GIRO and FAST transaction
Free
Monthly service fee
S$10 (Waived for the first 2 months)

Pricing guide and notices

Full pricing guide and service fees
Download business banking pricing guide

Exclusive OCBC Multi-Currency Business Account promotion

Exclusive OCBC Multi-Currency Business Account promotion
Fee of S$10 per month is waived if you also have an OCBC Business Growth Account opened.
S$10 per month is chargeable if you no longer or do not have an OCBC Business Growth Account.
Ready to apply?

Get your Business Growth Account instantly* online

Apply Online
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Our awards and accolades

ASEAN SME Bank of the Year 2020

Asian Banking and Finance

Asian Banking and Finance

Best SME Bank in Singapore 2020

Alpha Southeast Asia

Alpha Southeast Asia

Best SME Bank Singapore 2020

Asiamoney

Asiamoney

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Additional Information

Deposits 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$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.



Insured Deposits Register

Download register of insured deposits document for more information.