Velocity@ocbc
Malaysia
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Hotlines
General enquiries

1300 88 0255

(wihin Malaysia)

603-83149090

(outside Malaysia)

Insured by PIDM
Depository accounts are insured
by PIDM

Learn more

Deposits  
We have different types of savings products that grow your money, while giving you access to your money around the clock, across the world. Choose from a range of account types and enjoy attractive returns.

Current Account-i
Current Account-i is based on the Shariah principle of Qard defined as contract of lending money by a lender to a borrower where the latter is bound to repay an equivalent replacement amount to the lender. The bank, at its sole discretion, may provide returns in the form of ‘hadiyyah’ or profit to you as a token of appreciation.

Eligibility
  • Account may be opened by a firm, company, society / club / association, professional practice, external customers, government or statutory bodies.

Minimum Initial Deposit
  • RM500 - subject to change.



Time Deposit-i
These are fixed deposit accounts that are based on principle of Bai’ Tawarruq (tripartite commodity trading).

The bank facilitates transaction as an agent for you to undertake the purchase and sale of commodity. The bank then purchases the commodity from you at the bank’s purchase price payable on a deferred term at the end of the deposit tenure. Return on deposit for Time Deposit-i is fixed upfront.

Eligibility
  • Account may be opened by a firm, company, society / club / association, professional practice, external customers, government or statutory bodies.

Profit rates
  • The profit rate will be made known upfront to assist you in making an informed decision.

Fees and charges




Foreign Currency Call Account-i
Foreign Currency Call Account-i (FCCA-i) Account is a depository account with no issuance of cheques, and is denominated in any of the approved major currencies other than Malaysian Ringgit (MYR). It is an alternative foreign currency call account that provides businesses with the convenience of depositing and transacting deposit and transact in foreign currencies.

This product is based on the Shariah principle of Qard defined as contract of lending money by a lender to a borrower where the latter is bound to repay an equivalent replacement amount to the lender and Bai Al-Sarf (buying and selling of currencies).

The bank, at its sole discretion, may provide returns in the form of ‘hadiyyah’ or profit to you as a token of appreciation.


Eligibility
  • Account may be opened by a firm, company, society / club / association, professional practice, external customers, government or statutory bodies.

Available currencies
  • USD
  • SGD
  • GBP

Fees and charges
  • Subject to a half-yearly service charge of USD20, or its equivalent, per account in other currencies.
  • For other fees and charges, please refer to the Fees & Charges

Rates




Time Deposit-i (Foreign Currency)
A fixed deposit account that provides a peace
of mind.

A product based on Shariah principles of Tawarruq and Bai Al-Sarf that offers profit payable at maturity for placement up to 12 months in United States Dollar (USD), Singapore Dollar (SGD) or Great Britain Pound (GBP). Return on deposit is fixed upfront.

Eligibility
  • Account may be opened by a firm, company, society / club / association, professional practice, external customers, government or statutory bodies.

Available currencies
  • USD = 10,000
  • SGD = 10,000
  • GBP = 5,000

Profit Rates:
  • The profit rate will be made known upfront to assist you in making an
    informed decision.
  • The Customer may, at any time during the tenure request the Bank’s early settlement of the Bank’s Purchase Price. No profit is payable for any early settlement of Time Deposit-i.

Fees and charges




Cekal Current Account-i

Cekal Current Account-i is a depository account denominated in Ringgit Malaysia (MYR). This product is based on the Shariah principle of Tawarruq which refers to a purchase of an asset that is in the ownership and possession of a seller on a deferred price, and the subsequent sale of the asset by a purchaser to a party other than the seller on cash basis, for the purpose of obtaining cash.

Eligibility
  • The Account may be opened by a firm, company, society / club / association, professional practice, external customers, government or statutory bodies.

Minimum Initial Deposit
  • RM500 - subject to change.

Generic profit rates for Cekal:
Tier Rates
Less than RM25,000 0.00%
RM25,000 - RM50,000 0.10%
RM50,000 – RM100,000 0.20%
More than RM100,000 0.70%



Business Access-i
OCBC Business Access-i is a simple and secure business banking account engineered to suit the specific needs of small and medium enterprises (SMEs).

Open a Current Account-i with us to begin the journey toward smoother daily financial operations. Our comprehensive range of payable and receivables services will give you firm control over your business and peace of mind. Read on to find out how.

Eligibility
  • All SME

Minimum Initial Deposit
  • RM 50,000

Monthly Account Fee
  • RM 20 (regardless of balances)




For more information, please refer to Business Access-i Terms and Conditions