OCBC EBIZ ACCOUNT
Level up your business with an OCBC Business Account
Build your dream business starting with the OCBC eBiz Account – the all-in-one business account for businesses of all sizes.
Opening your OCBC business account is just the beginning. No matter which industry you are in, let us help you turn your business goals into reality.
From your first transaction to your next business move, this business account is designed for your current and future business banking needs.
100% online application
No branch visits needed. Simply verify your identity via the eKYC verification portal.
No branch visits needed. Simply verify your identity via the eKYC verification portal.
A small 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.
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.
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.
Step 1
Submit your particulars online
Step 2
Verify your identity
You can now verify your identity via the eKYC verification portal when submitting your online application form. You need only to have a mobile phone with a stable internet connection and your original identification card (MyKad), which must be issued after January 2012 and with the dual-image feature.
Step 3
Wait for approval
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
Transaction Banking Terms and Conditions in English
Transaction Banking Terms and Conditions in Bahasa Malaysia (BM)
Accounts and Services Terms and Conditions
Business Account Details Agreement
Business Customer Details Agreement
OCBC eBiz Account Product Disclosure Sheet
If you do not understand any of the terms used here, please speak to our bank officers, representatives or agents, or contact us at 603-8317 5200. We'll be glad to help.
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.
Level up your business with the 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.
