OCBC EBIZ ACCOUNT-i

The Shariah-compliant business account for SMEs

Why you will love this

100% online application process*

Low initial deposit of RM500

Complimentary digital tools*

*Find out more under “Benefits”

Who can apply^

Businesses registered with Suruhanjaya Syarikat Malaysia (SSM) – including SMEs as defined by SME Corporation Malaysia

Businesses wholly owned by Malaysian only

Shariah-compliant businesses

^Find out more under “Eligibility Requirements”

Read in

Build your business starting with the OCBC eBiz Account-i – the Shariah-compliant business account for SMEs.

BENEFITS
icon_online_application

100% online application*

No branch visits needed. Simply verify your identity via the eKYC verification portal.

*Subject to completion of online application process. If you need any assistance on the application, call us at 603-8314 9090.

No branch visits needed. Simply verify your identity via the eKYC verification portal.

*Subject to completion of online application process. If you need any assistance on the application, call us at 603-8314 9090.

icon_low_initial

Low initial deposit

It only takes RM500 to open your first Shariah-compliant business account

It only takes RM500 to open your first Shariah-compliant business account

Complimentary digital tools

Stay on top of your business anytime, anywhere with the Business Mobile Banking app, OCBC Velocity (Internet Banking) and Business Financial Management.

Stay on top of your business anytime, anywhere with the Business Mobile Banking app, OCBC Velocity (Internet Banking) and Business Financial Management.

FX Online platform

View live FX rates and book contracts instantly via OCBC Velocity (Internet Banking).

View live FX rates and book contracts instantly via OCBC Velocity (Internet Banking).

Contactless payment solutions

Give your customers the option to pay via debit/credit cards or QR codes with OCBC Merchant Terminal and OCBC OneCollect.

Give your customers the option to pay via debit/credit cards or QR codes with OCBC Merchant Terminal and OCBC OneCollect.

Business debit card-i

Manage business expenses better when you link the OCBC Business Debit Card-i to your OCBC eBiz Account-i.

Manage business expenses better when you link the OCBC Business Debit Card-i to your OCBC eBiz Account-i.

BEFORE YOU APPLY

Eligibility requirements

Location of business incorporation and registration

All Shariah-compliant business registered with SSM

All directors / sole proprietors / partners must be citizens of Malaysia

Has a sole proprietor or up to 2 partners / directors

SSM report must be updated with the latest list of sole proprietor, partners, directors, shareholders

For businesses with more than 2 partners / directors, you may consider our MYR Business Current Account-i


Islamic financing contract

Shariah Contract

This product is based on the Shariah principle of Qard


Fees

Initial deposit

RM500

OCBC Velocity (Business Internet Banking)

Waived monthly fee

OCBC Velocity online training

RM20 (one-time charge)

OCBC OneToken (digital security token)

2 complimentary tokens
RM40 for each subsequent token


Cheque book

Cheque book

Apply at any OCBC Bank or OCBC Al-Amin branch




Important notices

Protected by PIDM up to RM250,000 for each depositor.

 

This deposit is an eligible deposit insured by the Malaysian Deposit Insurance Corporation (PIDM). PIDM insures eligible deposits for up to RM250,000 per depositor per bank. The RM250,000 limit includes both the principal amount of a deposit and the interest/return. Islamic and conventional deposits are eligible for a separate coverage limit of RM250,000.

 

  1. Deposit protection is automatic.
  2. PIDM protects depositors holding deposits with banks.
  3. There is no charge to depositors for deposit insurance protection.
  4. Should a bank fail, PIDM will promptly reimburse depositors over their deposit.

For more information, please refer to the PIDM information brochures that are available at our counter or visit www.pidm.gov.my.


READY TO APPLY?

Open your OCBC eBiz Account-i today.

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