Business payments online made simple in local & foreign currencies
To another OCBC Singapore account
Make same-day fund transfers between OCBC accounts in SGD quickly, easily and free-of-charge via OCBC Velocity (Business Internet Banking).
To non-OCBC bank accounts in Singapore
- Standard processing (GIRO)
- Instant processing (FAST - Fast And Secure Transfers)
- Same-day processing (MEPS-MAS ELECTRONIC Payment System)
Standard processing (GIRO) | Instant processing (FAST - Fast And Secure Transfers) | Same-day processing (MEPS-MAS ELECTRONIC Payment System) |
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Singapore Dollar Cheques
- Cheque deposit service at any OCBC branch
- Additional charges apply if your cheque bounces
- Account will be deducted only when cheque is presented
Cashier's Order
- A guaranteed cheque issued by the Bank that will not bounce
- To be used when your beneficiaries want assurance of guaranteed payments
- Amount will be deducted upfront from your account when a cashier’s order is issued
Business Debit Card
- Consolidate your business expenses
- Make payments and withdraw cash easily
- Enjoy up to 1% cashback on your everyday business spend, with no minimum spend
Telegraphic Transfer
- The fast and secured way for overseas payments and transfers in foreign currencies
- Same-day processing, subjected to cut off time
- Fees may include commission, agent fees*, commission-in-lieu of exchange* and cable charge (*if applicable)
International Automated Clearing House (IACH)
- Cross-border low-value electronic transfer service at a flat fee
- Transfer payments to your beneficiary in local currency of their countries
- Suited for regular, non-urgent overseas transfers, with transfers completed in 3-5 days.
- Certainty of full value transfers
Learn more about International Automated Clearing House (IACH)
Cheque (USD cheques cleared in Singapore)
- Cheque deposit service at any OCBC branch
- Additional charges apply if your cheque bounces
- Account will be deducted only when cheque is presented
Demand Draft
- Foreign currency guaranteed cheque that will not bounce
- Amount will be deducted upfront from your account upon issuance of the demand draft
- Validity period of a Demand Draft is currency dependent

Business mobile banking app
A simpler and more convenient way to bank on-the-go.
Learn moreA simpler and more convenient way to bank on-the-go.
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PayNow for businesses
Your business can now receive payments or make transactions easily with PayNow.
Learn moreYour business can now receive payments or make transactions easily with PayNow.
Learn more