MYR BUSINESS CURRENT ACCOUNT
Manage local and overseas payments and collections online
Save time and money with hassle-free payments and collections. Get started with a low initial deposit of RM500.

Save on fees
Open your account with an initial deposit of just RM500 and keep a minimum average monthly balance of RM1,000 to waive your half-yearly fee of RM10.
Open your account with an initial deposit of just RM500 and keep a minimum average monthly balance of RM1,000 to waive your half-yearly fee of RM10.

Use your Business Debit Card instantly
Enjoy global acceptance and withdrawal with your OCBC Business Debit Card, and make quick and safe contactless payments by tapping on point-of-sales terminals. Up to 12 cards can be tagged to every account. Money will be deducted from this account when you use your Business Debit Card.
Enjoy global acceptance and withdrawal with your OCBC Business Debit Card, and make quick and safe contactless payments by tapping on point-of-sales terminals. Up to 12 cards can be tagged to every account. Money will be deducted from this account when you use your Business Debit Card.

Digital banking anytime, anywhere
Handle all your banking needs 24/7 on mobile and desktop with OCBC Velocity, our award-winning digital business banking platform, and the OCBC Malaysia Business Mobile Banking app.
Handle all your banking needs 24/7 on mobile and desktop with OCBC Velocity, our award-winning digital business banking platform, and the OCBC Malaysia Business Mobile Banking app.

Manage & monitor your transactions easily
Get an overview of your account information and balances in real-time, and receive eAlerts of your transactions, and incoming and outgoing funds with OCBC OneTouch on the OCBC Malaysia Business Mobile Banking app.
Get an overview of your account information and balances in real-time, and receive eAlerts of your transactions, and incoming and outgoing funds with OCBC OneTouch on the OCBC Malaysia Business Mobile Banking app.

Making payments
Choose from a variety of methods to expedite funds transfers. We provide direct debit services form other bank accounts, real-time fund collections from FPX member banks and bulk cheque services for local transfers. For international transfers, remit funds quickly by Telegraphic Transfer (TT) or demand draft for non-urgent transfers.
Choose from a variety of methods to expedite funds transfers. We provide direct debit services form other bank accounts, real-time fund collections from FPX member banks and bulk cheque services for local transfers. For international transfers, remit funds quickly by Telegraphic Transfer (TT) or demand draft for non-urgent transfers.

Receiving payments
Receive payments quickly and securely with our variety of services like FPX, JomPay and Direct Debit for smooth business operations.
Receive payments quickly and securely with our variety of services like FPX, JomPay and Direct Debit for smooth business operations.
Eligibility requirements
Type of business
All businesses including SMEs as defined by the SME Corporation Malaysia are welcomed to apply
Terms and conditions
Transaction Banking Terms & Conditions (EN)
Transaction Banking Terms & Conditions (BM)
OCBC Business Debit Card Terms & Conditions
Accounts and Services Main Terms & Conditions (EN)
Accounts and Services Main Terms & Conditions (BM)
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.
or call us at +603 8317 5200.
Monday to Friday 9am to 6pm
(Excluding public holidays)
OCBC eBiz Account
Build your dream business starting with the business current account for business of all sizes
Foreign Currency Time Deposit
Deposit your foreign currencies over a period & earn interests
Digital Business Banking
Managing accounts and payments smoothly with OCBC Velocity by your side
Malaysia International Cash Management Bank of the Year 2021
ABF Wholesale Banking Awards
Best Cash Management Bank in Malaysia 2021
Alpha Southeast Asia Best FI Awards
Best Payments and Collections Solution Provider 2021
The Asset Triple A Treasury, Trade, Sustainable Supply Chain and Risk Management Awards
Calculate your monthly average balance
1st to 15th of the month > RM500 in balances
16th to 30th of the month > RM1,000 in balances
(RM500 x 15 days = RM7,000) + (RM1,000 x 15 days = RM15,000)
= RM22,500 ÷ 30 days
= RM750
Your monthly average balance is RM750.