BUSINESS ACCESS

A business account designed for operating and growing businesses

Why you will love this

100% online application process*

Conveniently manage your business's finances with a comprehensive business package

Focus on more important matters as your business banking needs are covered

Who can apply

Businesses registered with Suruhanjaya Syarikat Malaysia (SSM) - including SMEs as defined by Bank Negara Malaysia

A minimum initial deposit of RM50,000

Additional eligibility criteria may apply

Grow your business with OCBC Business Access, the business account designed to help your ventures grow, with complimentary digital tools to meet your business banking needs.

FEATURES AND BENEFITS

Award-Winning Platform

Gain real-time access to your account information and balances through OCBC OneTouch, or manage all your banking requirements 24/7 with our award-winning platform, OCBC Velocity. Both services are accessible via the OCBC Malaysia Business Mobile Banking app.

Gain real-time access to your account information and balances through OCBC OneTouch, or manage all your banking requirements 24/7 with our award-winning platform, OCBC Velocity. Both services are accessible via the OCBC Malaysia Business Mobile Banking app.

Seamless local and overseas payments

For local transfers, we provide direct debit services from other bank accounts, real-time fund collections from FPX member bank, and bulk cheque services. For international transfers, remit funds quickly via Telegraphic Transfers (TT), at a flat fee of RM5 (SGD & IDR) or RM20 (Other currencies as mentioned in the "View latest fees and charges" disclaimer).

For local transfers, we provide direct debit services from other bank accounts, real-time fund collections from FPX member bank, and bulk cheque services. For international transfers, remit funds quickly via Telegraphic Transfers (TT), at a flat fee of RM5 (SGD & IDR) or RM20 (Other currencies as mentioned in the "View latest fees and charges" disclaimer).

100% online application*

No branch visits needed. Simply verify your identify via the eKYC verification portal. We are committed to facilitating the growth of your business with ease. *Subject to completion of online application process. If you need any assistance on the application, please call us at 603-8317 5200

No branch visits needed. Simply verify your identify via the eKYC verification portal. We are committed to facilitating the growth of your business with ease. *Subject to completion of online application process. If you need any assistance on the application, please call us at 603-8317 5200

FX Online platform

Book the rates that work best for your business, with seamless digital transactions from booking to payment through OCBC Velocity.

Book the rates that work best for your business, with seamless digital transactions from booking to payment through OCBC Velocity.

BEFORE YOU APPLY

Eligibility requirements

Who can apply for Business Access

All businesses including SMEs as defined by Bank Negara Malaysia

All directors/ sole proprietors/ partners must be citizens of Malaysia

Has 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

Looking for a Shariah-compliant business account? Find out more about our OCBC Business Access Account-i


Fees

Minimum initial deposit

RM50,000

Monthly account fee

RM20

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

RENTAS (per transaction)

RM2

Direct Debit (per transaction)

No charge

Online Group training (Combine session with other companies)

No charge




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.

  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 deposit

For more information, please refer to the PIDM information brochures that are available at our counter or go to website at www.pidm.gov.my.


APPLY FOR BUSINESS ACCESS

Open your OCBC Business Access account today.

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OUR AWARDS AND ACCOLADES

Best Payments and Collections Solution 2023

The Asset Triple A Treasury Awards

Best Cash Management Bank in Malaysia 2023

Global Finance Best Treasury & Cash Management Providers

Best Cash Management Bank in Malaysia 2023

Alpha Southeast Asia Best FI Awards