Onshore RMB (CNY)
Businesses that conduct cross-border trade transactions with ChinaOffshore RMB (CNH)
All businessesYou should have on hand your business registration details i.e. Company name or UEN (Unique Entity Number) and your identification details for Singpass or Passport authentication. You should also prepare images of your signature for upload.
You may submit an online application to us here. The bank will contact you within 3 working days to assist you.
Yes, you can open a subsequent account via OCBC Velocity to serve your business needs such as receiving of funds in different currency or segregating of transactions for better financials management.
In the event that you are not able to complete your application on OCBC Velocity, you may reach out to us directly via the online enquiry form. The bank will contact you within 3 working days to assist you.
Find out more.Foreign currency investments or deposits are subject to inherent exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency investments or deposits would be dependent on the exchange rates prevalent at the time of their maturity if any conversion takes place. Exchange controls may be applicable from time to time to certain foreign currencies. You should therefore determine whether any foreign currency investment is suitable for you in the light of your investment objectives, financial means and risk profile. Any pre-termination costs will be deducted from your deposit.
Take your business forward with OCBC Velocity. Maximise our powerful features and advanced tools to grow your business more effectively in this modern economy.
Transact internationally with up to 13 major currencies. No set-up fee, no fall below fee.
No physical contact needed, no crowd. Open your business account online and get your account number on the spot. Simple, safe and convenient.
