View the Business Banking Pricing Guide for a breakdown of all costs
Renminbi Business Account
For businesses that conduct transactions and trades in China
Our Renminbi Business Account is designed for companies with a business presence in Singapore and actively trade in China.
Before you apply
Eligibility requirements
Type of business
Onshore RMB (CNY)
Businesses that conduct cross-border trade transactions with ChinaOffshore RMB (CNH)
All businessesOther eligibility criteria may apply. Our Business Banking Manager will advise you accordingly
Fees and charges
Fees
No initial deposit required
Charges and rates
NA
Business Financial Management
Always be ready for unexpected changes and new opportunities. Plan your business ahead with our Business Financial Management capabilities, integrated in OCBC Velocity.
*Free with your OCBC business account
Ready to apply?
Open your Renminbi Business Account with us today
FAQS
Common questions
See all questionsWhat are the fees and charges of this business account?
Deposit 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.
Register of Insured Deposits
Business Account Terms and Conditions
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