OCBC EBIZ ACCOUNT-i
The Shariah-compliant business account for SMEs
Build your business starting with the OCBC eBiz Account-i – the Shariah-compliant business account for SMEs.
100% online application*
No branch visits needed. Simply verify your identity via the eKYC verification portal.
No branch visits needed. Simply verify your identity via the eKYC verification portal.
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.
How to get rewarded
Activate your OCBC Business Debit Card-i and complete a minimum of 3 transactions of any amount within 3 months after your card is activated.
Enjoy secure, cashless payments while accessing funds instantly.
Campaign period: 1 September 2024 to 30 November 2024 (both dates inclusive)
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
Terms and conditions
If you do not understand any of the terms used here, please speak to our bank officers, representatives or agents, or contact us at 603-8314 9090. We'll be glad to help.
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.
- Deposit protection is automatic.
- PIDM protects depositors holding deposits with banks.
- There is no charge to depositors for deposit insurance protection.
- 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.
Open your OCBC eBiz Account-i today.
OCBC Merchant Terminal
A contactless transaction for domestic and foreign payment schemes such as Mastercard, AMEX, ShopeePay, Alipay and more.
FX Online
The Smarter Way to perform Overseas Transactions. You may view live FX rates and book contracts instantly via OCBC Velocity
OCBC OneCollect
Your mobile collection application of choice to collect local and cross border transactions