OCBC EBIZ ACCOUNT

The account for your business needs

Why you will love this

100% online application process*

Low initial deposit of RM500

Complimentary digital tools

Account opened within 1-2 working days*

Who can apply

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

Businesses wholly owned by Malaysians only

Additional eligibility criteria may apply

Read in

Build your business starting with the OCBC eBiz Account – the business account that comes with a suite of business tools.

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.

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

ENJOY RM150 IN CASH REWARD WITH YOUR BUSINESS DEBIT CARD

How to get rewarded

Activate your OCBC Business Debit Card and complete a minimum of 3 transactions of any amount within 3 months after your card is activated.

Enjoy secure, cashless payments while accessing funds instantly.

Campaign period: 1 September 2024 to 30 November 2024 (both dates inclusive)

What our customers say

Online retail entrepreneur

 

"Was very satisfied with the application process. Just a few clicks and you're registered."

Fashion brand founder

 

"Straightforward and helpful, especially when it comes to the documentation process."

BEFORE YOU APPLY

Eligibility requirements

Location of business incorporation and registration

All business registered with SSM

All directors/ 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 with more than 2 partners / directors, you may consider our MYR Business Current Account

Looking for a Syariah-compliant business account? Find out more about our OCBC eBiz Account-i


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

Half yearly service charge

RM10 if your average account balance falls below RM1,000


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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our awards and accolades

Best Bank for Regional SMEs

Alpha Southeast Asia

Malaysia's Bank of the Year 2023

The Banker of London

Best Cash Management Bank in Malaysia 2023

Alpha Southeast Asia