OCBC EBIZ ACCOUNT

The all-in-one business account for SMEs

Why you will love this

100% online application process*

Low initial deposit of RM500

Complimentary digital tools*

*Find out more under "Benefits"

Who can apply^

Businesses registered with Suruhanjaya Syarikat Malaysia (SSM) – including SMEs as defined by SME Corporation Malaysia

Businesses wholly owned by Malaysians only

^Find out more under "Eligibility Requirements"

Read in

Build your business starting with the OCBC eBiz Account – the all-in-one business account for SMEs.

ebiz account benefits

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

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.

How to open an ebiz account

Easily open an OCBC eBiz Account online by following these steps below.

How to apply

Easily open an OCBC eBiz Account online by following these steps below.

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

Cheque book

Apply at any OCBC Branch




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 visit www.pidm.gov.my.


READY TO APPLY?

Open your OCBC eBiz Account today.

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