Business Growth Account

The all-in-one business account for SMEs

Why you will love this

All-you-can-use FAST and GIRO transactions for free

Up to 1% cashback with your Business Debit Card

See your business trends in your OCBC Business app

Open your account online instantly* with Singpass

Who can apply

All businesses registered in Singapore

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

Additional eligibility criteria may apply


OCBC is accorded the Best SME Bank in Singapore and Southeast Asia 2022Find out more

Simple, secure and convenient — get your account number on the spot when you apply online. Enjoy 2 months FREE!


Free unlimited FAST/GIRO transactions - only at OCBC

For local transfers, we are the only bank to provide unlimited FAST/GIRO 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

Business Growth Account promotion 2 months free

Get 2 months free

Apply for a Business Growth Account and enjoy the first 2 months for free!

Business Growth Account promotion free Multi-Currency Account

Enjoy 2 accounts for the price of 1

Open an SGD Account and get a Multi-Currency Account for free!

Online Business Incorporation

Jumpstart your business with OCBC and Osome

Get everything you need to launch your business - more quickly and cost effectively, when you open an OCBC Business Account and incorporate with Osome.

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

IT consulting firm

“I can open an account online without having to wait. It was very simple and I did not need to make a face-to-face appointment to open the account. It was very clear which is why it exceeded my expectations.“

E-commerce business

“The online process was very quick and the account opening was immediate!“

Engineering company

“A fantastic experience at the beginning of my venture.“

Interior design company

“Very intuitive and seamless experience.“

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
Fall below fee
S$15 per month if monthly average balance falls below S$1,000
GIRO and FAST transaction
Account fee
S$10 per month. Waived for the first 2 months.

Pricing guide and notices

Full pricing guide and service fees

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.

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Our awards and accolades
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.