Level up your business with an OCBC Business Account

Why you will love this

100% online application process

Small initial deposit of RM500

Comes with a suite of financial tools

Who can apply

Businesses registered with Suruhanjaya Syarikat Malaysia (SSM) - inclusive of SME defined by SME Corporation Malaysia

Businesses owned by Malaysians only

Build your dream business starting with the OCBC eBiz Account - the all-in-one business account for businesses of all sizes.


Opening your OCBC business account is just the beginning. No matter which industry you are in, let us help you turn your business goals into reality.


From your first transaction to your next business move, this business account is designed for your current and future business banking needs.


It only takes 3 steps to open an OCBC business Account, and the process is 100% online.

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Step 1

Submit your particulars online

Complete this application form and upload the necessary documents along with your signature.

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Step 2

Verify your identity

Download the OCBC SME eKYC app to perform ID verification. You will need to have ready your original identification card (MyKad), which must be issued after January 2012 and with the dual-image feature.

Download the app

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Step 3

Wait for approval

We will contact you via SMS and email you within 3 to 5 working days once your account is successfully opened.

If you need further guidance, please watch our video guide.

before you apply

Eligibility requirements

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.


Initial deposit


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

Cheque book

Apply at any OCBC Branch

Additional notices

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 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.

Ready to apply?

Level up your business with the OCBC eBiz Account today.

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