Here’s where you can collect business payments
Electronic collections in Singapore dollars
(within OCBC Singapore or other banks in Singapore)
You can set up a collection arrangement to receive scheduled payments from your customers. This arrangement is possible even if your customers do not have an OCBC account.
- Standard processing (GIRO)
- Instant processing (FAST - Fast And Secure Transfers)
Standard processing (GIRO) | Instant processing (FAST - Fast And Secure Transfers) |
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Incoming funds
(payments initiated by payer)
Provide these details to your customers to receive payments in Singapore Dollars
- Standard processing (GIRO)
- Instant processing (FAST - Fast And Secure Transfers)
GIRO & FAST | MEPS |
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In addition, to receive payments (telegraphic transfers) in USD, you may provide our intermediary bank’s SWIFT code for faster processing:
JP Morgan Chase Bank, New York, USA
SWIFT BIC code: CHASUS33
Lockbox Service
- End-to-end collection of cheque payments from your customers via designated PO box addresses
- Cheques are processed and credited into your OCBC account daily from Monday to Friday electronically
Learn more about Lockbox Service
Bulk Cheque Service
- Suitable for businesses that require a single credit entry for multiple cheque deposits and have high volume of cheques.
- Optional third-party secure courier services for delivery are also available.
Learn more about Cheque Service
Cards Acceptance
- Enable your business to collect credit card payments via Visa & Mastercard and more
- In-store sales through credit card terminals including contactless payments and other forms of mobile payment
- Online sales and services through internet payment
Learn more about Card Acceptance
Cash
Business Deposit Card
- A cash deposit card to handle your business deposit needs conveniently and securely
- Account information is protected as the Card does not permit withdrawals, transfers or balance enquiries
Learn more about Business Deposit Card
Bulk cash service
We offer deferred counting for prompt and efficient crediting. This offers businesses with large cash deposits the flexibility of engaging third-party courier services for delivery.

OCBC Business 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.
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