OCBC Malaysia Business Banking - eBiz

EBIZ ACCOUNT

Open your business account online

Why you will love this

Low initial deposit of RM500

Safe way to open your business account online

No need to visit a branch to verify your documents

Who can apply

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

Benefits

Easy online application

No need for branch visits or paperwork. Simply verify your identity with the OCBC SME eKYC app.

Find out more

Low initial deposit

Open your business account with just RM500.

Free digital tools

Expect more than just the regular banking services. You will have access to:


Optional add-ons*

Discover the potential of your eBiz Account with these add-on solutions:


*Subject to the Bank's assessment. Additional terms and conditions may apply.
How to apply

Step 1

Submit your particulars online

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

Step 2

Verify your identity

Download the OCBC SME eKYC app to perform ID verification. You will need to have with you your original identification card (MyKad). Only MyKad issued after January 2012, i.e. those with dual images, may be used.

Download the app

Step 3

Wait for approval

We will contact you via SMS and email you once your account has been successfully opened. This will take 3 to 5 working days.

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.


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 and card facilities

Business Debit Card

Download the application form and apply at any OCBC branch

Cheque book

Apply at any OCBC Branch


User guide

View the complete user guide to the OCBC eBiz Account Online Application Form



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?

Get your OCBC eBiz Account online

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