OCBC EBIZ ACCOUNT
The all-in-one business account for SMEs
Build your business starting with the OCBC eBiz Account – the all-in-one business account for SMEs.
100% online application*
No branch visits needed. Simply verify your identity via the eKYC verification portal.
*Subject to completion of online application process. If you need any assistance on the application, call us at 603-8317 5200.
No branch visits needed. Simply verify your identity via the eKYC verification portal.
*Subject to completion of online application process. If you need any assistance on the application, call us at 603-8317 5200.
Low initial deposit
It only takes RM500 to open your first business account.
It only takes RM500 to open your first business account.
Business debit card
Manage business expenses better when you link the OCBC Business Debit Card to your OCBC eBiz Account.
Manage business expenses better when you link the OCBC Business Debit Card to your OCBC eBiz Account.
Complimentary digital tools
Stay on top of your business anytime, anywhere with the Business Mobile Banking appBusiness Mobile Banking app, OCBC Velocity (Internet Banking) and Business Financial Management.
Stay on top of your business anytime, anywhere with the Business Mobile Banking appBusiness Mobile Banking app, OCBC Velocity (Internet Banking) and Business Financial Management.
FX Online platform
View live FX rates and book contracts instantly via OCBC Velocity (Internet Banking).
View live FX rates and book contracts instantly via OCBC Velocity (Internet Banking).
Contactless payment solutions
Give your customers the option to pay via debit/credit cards or QR codes with OCBC Merchant Terminal and OCBC OneCollect.
Give your customers the option to pay via debit/credit cards or QR codes with OCBC Merchant Terminal and OCBC OneCollect.
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
Cheque book
Apply at any OCBC Branch
Terms and conditions
Important: Please read the contract terms to understand the product. Feel free also to contact us at 1300 88 7000 if you have any questions
Transaction Banking Terms and Conditions in English
Transaction Banking Terms and Conditions in Bahasa Malaysia (BM)
Accounts and Services Terms and Conditions (EN)
Accounts and Services Main Terms & Conditions (BM)
Business Account Details Agreement
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.
- 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 deposit
For more information, please refer to the PIDM information brochures that are available at our counter or visit www.pidm.gov.my.
Open your OCBC eBiz Account today.
OCBC Merchant Terminal
A contactless transaction for domestic and foreign payment schemes such as Mastercard, AMEX, ShopeePay, Alipay and more.
FX Online
The Smarter Way to perform Overseas Transactions. You may view live FX rates and book contracts instantly via OCBC Velocity
OCBC OneCollect
Your mobile collection application of choice to collect local and cross border transactions
Download the OCBC Malaysia Business Mobile Banking app
Scan the QR code to download the app on the App Store or Google Play.
