Yes, you can. Simply apply online.
Business Growth Account
The all-in-one business account for SMEs
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 up to 1% cashback on your everyday business spend. No minimum spend or annual fees.
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.
If you are an F&B operator or retailer, try the OCBC OneCollect app for free.
Ready to apply?
Get your Business Growth Account instantly* online
The all-in-one business account gets you…
- Free unlimited FAST/GIRO transactions
- Your business trends in the OCBC Business app
- Up to 1% cashback with your debit card
- First 2 months for free
What our customers say
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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
Online Business Incorporation
Incorporate your business and open your business account online on the same day
Our awards and accolades
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
*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
S$1,000
Fall below fee
S$15 per month if monthly average balance falls below S$1,000
GIRO and FAST transaction
Free
Account fee
S$10 per month. Waived for the first 2 months.
Pricing guide and notices
Full pricing guide and service fees
Refer to business banking pricing guide
Exclusive OCBC Multi-Currency Business Account promotion
Exclusive OCBC Multi-Currency Business Account promotion
Enjoy OCBC Multi-Currency Business Account for free (worth $120 per year) 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.
Additional Information
FAQS
Common questions
Can I apply with Singpass or Corppass?
What are the different types of accounts?
The Business Growth Account is suitable for startups or new businesses. The Business Entrepreneur Plus Account is suitable for established businesses. The Multi-Currency Account is suitable for businesses that transact internationally. You may apply for the Business Growth Account or the Multi-Currency Account here, and for the Business Entrepreneur Plus Account here.
What documents are required for account opening?
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.
Can I open 2 accounts for separate companies?
Yes, you may apply for an account for each separately online.
What is the fall below fee?
It is S$15 per month if monthly average balance falls below S$1,000.
If I would like to request for a cheque book, how can I do so and what are the charges?
Please complete and submit the corporate chequebook request form.
For cheque-related charges,please refer to the pricing guide.