Open your business account online
✓ Low initial deposit of RM500
✓ Safe way to open your business account online
✓ No need to visit a branch to verify your documents
• Businesses registered with Suruhanjaya Syarikat Malaysia (SSM)
• Business owned by Malaysian only
• Additional eligibility criteria may apply
Simple, fast and convenient. Open your business account online without having to visit a branch to verify your documents
Location of business incorporation and registration
All businesses registered with SSM
All directors/ shareholders/ 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 that do not fulfill the above requirements, you may consider our MYR Business Current Account.
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 and card facilities
Business Debit Card
Download the application form and apply at any OCBC branch
Apply at any OCBC Branch
View the complete user guide to the OCBC eBiz Account Online Application Form
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 deposits.
For more information, please refer to the PIDM information brochures that are available at our counter or visit www.pidm.gov.my.
If you do not understand any of the terms used here, please speak to our bank officers, representatives or agents, or contact us at 603-8317 5200. We'll be glad to help.
Get your OCBC eBiz Account online
OCBC Merchant Terminal
A contactless transaction for domestic and foreign payment schemes such as Mastercard, AMEX, ShopeePay, Alipay and more.
View live FX rates and book contracts instantly via OCBC Velocity (Business Internet Banking).
A seamless and quick payment collection service through a mobile application on your phone.
OCBC Business Debit Card
Pay for your business goods and transactions seamlessly, at home or abroad.
Phone requirement for the OCBC SME eKYC app
Please ensure that your phone has data or wifi connectivity with an average speed of 20 â€“ 500 Mbps, and is using the following operating systems:
|Device||*supports major devices||
|Phone operating system||Android 5.0 and above||iOS 10 and above|
|Back camera||8 MP, video at 1080p
With auto focus feature
|12 MP, video at 2160p
With auto focus feature
|Front camera||37 MP. video at 480p||1.2 MP. video at 720p|