Workplace Banking

Attract and retain talent sustainably. Run your business stronger.

Why you will love this

Banking that fits seamlessly with your business and employee’s lifestyle

Smarter healthcare for happier teams and a healthier bottom line

Perks and privileges that go beyond banking

A smarter way to attract, retain and support your employees through banking that works for your business.

SMEs today face growing pressure. Medical cost inflation is projected to hit a record high of 16.9% in 2026¹, while cash‑flow uncertainty, administrative complexity, and increasing competition for talent make it harder to plan ahead with confidence. For many SMEs, balancing cost control with meaningful employee benefits can be challenging.

By bridging banking and employee benefits together through OCBC Workplace Banking, you can manage rising costs without compromising on care—creating stability for your business and security for your people.

This is how we equip your business and your people to thrive, supporting your business from strength to strength for now, and beyond.

All your business, all your people, all our support.

¹Source: https://www.straitstimes.com/singapore/health/medical-cost-inflation-in-singapore-set-to-hit-record-16-9-lia-urges-collective-action

Why workplace banking?

For employees
For employers

Cashless clinic access

Employees can access medical care without needing to pay upfront, reducing financial worry at a time when it matters most. With less stress and fewer concerns about out‑of‑pocket expenses, employees return to work sooner and stay focused—minimising disruption for smaller teams.

Dependent coverage that supports families

Affordable medical coverage for dependents gives employees peace of mind that their loved ones are cared for. When families are supported, employees feel more secure and valued—strengthening loyalty and reducing the likelihood of turnover, an important advantage for SMEs.

**Higher savings interest from 360 Account^* and practical everyday perks**

Better savings returns and useful everyday perks help employees stretch their income further and improve overall financial wellbeing. These practical benefits deliver real value without adding to salary costs, helping employees feel supported without placing additional strain on the business.

^*T&Cs apply. Insured up to S$100k by SDIC.

Perks that build a happier workplace

From thematic bazaars to wellness days, boost company culture with curated engagement activities and personalised banking solutions that support your employees at every stage.

Lower admin and fewer claims to manage

Simplified processes mean less paperwork, fewer follow‑ups, and less strain on your day-to-day operations. This helps you focus your time on growing your business—not managing processes.

Predictable monthly medical costs

Clear, predictable monthly medical costs give you greater certainty, making it easier to budget, forecast, and plan ahead—especially in uncertain times. This helps you manage cash flow with confidence and avoid unexpected cost spikes.

Easier retention

Meaningful benefits help your employees feel supported and valued beyond pay alone, strengthening loyalty and engagement. This enables you to retain talent sustainably—without relying solely on salary increments to stay competitive.

One relationship for banking and people support

Instead of managing multiple vendors, you work with one trusted partner for both banking and people support. With integrated support across financial and employee needs, you simplify coordination and get clarity, efficiency, and peace of mind.

How Workplace Banking works

Step 1:

Review and accept the Collaboration Agreement with OCBC to get started with Workplace Banking for your company.

Step 2:

Encourage your employees to open an OCBC account so their salaries can be conveniently credited.

Step 3:

Process your monthly payroll by crediting salaries directly into your employees’ OCBC accounts.

Step 4:

Once payroll is set up, our appointed healthcare partner will reach out to support the onboarding of employee benefits, ensuring your employees can start enjoying the benefits smoothly.

What our customers say

“From onboarding to daily use, the medical benefits programme has been a valuable support for our company.”

“The OCBC CNY Bazaar was smoothly executed and created a positive, engaging experience for our employees. We valued the on‑site support to help staff explore banking solutions through OCBC Workplace Banking.”

“From timely account activation to seamless payroll execution, the process was well managed, with prompt follow‑ups and dependable support throughout.”

Useful Resources

Salary crediting account

Employees to maximise their interest by crediting salary with us

Back to OCBC Workplace Banking page

Employee engagement offerings

OCBC Workplace Banking provides thoughtfully designed activities and resources that empower employees through knowledge, wellbeing, and meaningful experiences to support their financial journey and key life milestones.

Get in touch

Learning series

Empower employees with insightful sessions on financial literacy and lifestyle topics, helping them make informed decisions and thrive.

Thematic bazaars

Add vibrancy to your workplace with pop-up bazaars featuring exclusive deals, interactive activities, and opportunities for employees to connect and unwind.

Wellness day

Promote holistic wellbeing with dedicated wellness days focused on physical, mental, and emotional health to support a balanced and thriving workforce.

Banking convenience

Enjoy access to banking services at your workplace, from onboarding support to prompt assistance with employee queries.