To seize your business opportunities in Malaysia
OCBC has what it takes. For now and beyond.
"OCBC is committed to the JS-SEZ as an economic hub and gateway to ASEAN and Greater China for attracting international capital."
Tan Chor Sen, CEO, OCBC Malaysia
OCBC – your partner for the JS-SEZ.
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Important Update Regarding Your e-Invoice Information
To comply with the latest e-invoicing regulations introduced by Lembaga Hasil Dalam Negeri (LHDN), all businesses are required to update their profiles using the “Business Account Maintenance” form. Please submit the completed form at your nearest OCBC Branch, or email soft copy to Relationship Manager by 23 June 2025.
LIBOR Contracts Cessation
by 31 December 2021
- Global issuance of new LIBOR contracts will cease by 31 December 2021.
- Similarly, Bank Negara Malaysia requires banks to cease issuance of LIBOR contracts by 31 December 2021 and to reference new products against alternative rates.
- As a bank customer, you are advised to:
- Ensure capacity and system readiness to transact new products in the alternative rates before 31 December 2021
- Incorporate fallback provisions for affected LIBOR contracts to avoid any potential legal implications; and
- Contract your banks as soon as possible to avoid delay in transitioning to alternative rates.
More information about LIBOR transition in Malaysia is available in Box Article - Developments of the Benchmark Rate Reform in Malaysia.