MULTI-CURRENCY BUSINESS ACCOUNT

MULTI-CURRENCY BUSINESS ACCOUNT

No fall below fee for 13 currencies with our Multi-Currency Business Account

MULTI-CURRENCY BUSINESS ACCOUNT
Why you will love this

Trade in 13 currencies: USD, EUR, AUD, JPY, GBP, CNH, HKD, CAD, NZD, CHF, SEK, DKK, NOK

No initial deposit, no set-up fee

No minimum balance or fall below fee

Who can apply

All businesses registered in Singapore

For other business i.e. Foreign incorporated please visit Business Foreign Account

To support businesses growing internationally, we designed our Multi-Currency Business Account that automatically enables up to 13 major currencies with no set-up fee, no paperwork and no fall below fee.

Benefits

Receive or pay easily

Transact like a local with up to 13 major currencies:

USD, EUR, AUD, JPY, GBP, CNH, HKD, CAD, NZD, CHF, SEK, DKK, NOK

Save money

No initial deposit.

No set-up fee.

No fall below fee.

Cost effective and efficient

Transact directly with currency of your choice and avoid losing money due to currency conversions.

No more waiting time

Foreign currency is automatically enabled when a deposit is made to you without further paperwork.

TOOLS FOR YOUR BUSINESS

Business Internet Banking (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.

  • 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.

Business Financial Management

  • Seamless invoice and expense management, making account receivable and account payable effortless.
  • eal-time access to all your business accounts for smart cash flow forecasting.
  • Simple, intuitive and stunning visualisation of your past, present and future cash flow position.
  • Free for all OCBC Business Banking customers.

  • Seamless invoice and expense management, making account receivable and account payable effortless.
  • eal-time access to all your business accounts for smart cash flow forecasting.
  • Simple, intuitive and stunning visualisation of your past, present and future cash flow position.
  • Free for all OCBC Business Banking customers.

Business Mobile Banking

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

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

PROMOTIONS

Exclusive OCBC Multi-Currency Business Account Promotion

Get perpetual waiver of your account fee
Simply open an OCBC Business Growth Account for your SGD needs together with the OCBC Multi-Currency Business Account and enjoy both with just one account fee of S$10/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 visit Business Foreign Account
Terms and conditions
Download business account terms and conditions
Account opening is subject to bank's approval

Fees and charges

Set up fee
NA
Initial Deposit
NA
Fall below fee
NA
Monthly Service fee
S$10 (Waived if you open a Business Growth Account together with the OCBC Multi-Currency Business Account)

Pricing guide

Full pricing guide and service fees

Important notices

Demand draft
Issuance of Demand draft is only available in CAD, CHF, EUR, HKD, IDR, INR, LKR, NOK, SEK, SGD, USD & ZAR.

Ready to apply?

Get your Multi-Currency Business Account today

FAQS
Common questions
When will my incoming funds (inward telegraphic transfer) be credited (deposited) into my account?

If your incoming funds (inward telegraphic transfer) is one of the available currencies and is enabled in your account, funds will be credited immediately.

If the incoming funds (inward telegraphic transfer) is one of the available currencies but not enabled in your account, the currency will be automatically enabled. It will take T+2 days for the currency to be enabled before any deposit can take place.

What will happen if I have incoming funds (inward telegraphic transfer) that is not one of the available currencies?

These funds will automatically be deposited into USD. USD will be enabled if you do not already have it enabled.

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. Find out more.

Other products you may like
Our awards and accolades