OCBC Business Banking Notices | OCBC Business Banking SG

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href="/personal-banking/notices.page" target="_blank">For personal banking</a> </li> <li class="col align-items-center justify-content-center selected"> <a href="#business-banking">For business banking</a> </li> </ul> <div class="border-line-wrapper"> <div class="border-line"></div> </div> </div> </div> </div> </div> </div> </div></div> </div>  </div> <div class="iw_component" id="iw_comp1632828982376"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">27 January 2025</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_CBBG_application_form_270125" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Update to Cash-backed Banker’s Guarantee Application Form</strong></h5> </div> <div class="accordion__item__content"><p>With effect from 31 January 2025, the Cash-backed Banker’s Guarantee Application Form will be updated, and a new Cash-backed Banker’s Guarantee Amendment Form will be made available.<br /><br />Please download the latest application forms from <a href="https://www.ocbc.com/business-banking/help-and-support/trade">https://www.ocbc.com/business-banking/help-and-support/trade</a>. Please note that old application forms will no longer be accepted after 28 February 2025.</p> <p>Please also note that with effect from 1 March 2025, a processing fee of SGD100 is applicable for applications submitted via email or in hard copy.  This fee will be waived if you submit your application online through <a href="https://velocity.ocbc.com/login.html">OCBC Velocity</a> > Trade Finance > Cash-backed Banker’s Guarantee > New Application.</p> <p>Kindly contact our Business Banking Service Manager through the Hotline at (65) 6538 1111 if you have further queries.</p> <p>Thank you for banking with us. We look forward to your continued support.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982392"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">10 January 2025</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_BDC_agreement_update_130125" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Debit Card Agreement with effect from 10 Feb 2025 (inclusive of this date)</strong></h5> </div> <div class="accordion__item__content"><p>The OCBC Business Debit Card Agreement will be amended with effect from 10 February 2025 (inclusive of this date).<br /><br />The amendments can be found in the following:<br /><br />(i) Section 2. Card and PIN</p> <ul> <li>Clause 2.1<br /><br /></li> </ul> <p>(ii) Section 7. Loss/theft/misuse of Card/disclosure of PIN</p> <ul> <li>Clause 7.3. Liability for lost/stolen Cards<br /><br /></li> </ul> <p>(iii) Section 13. Disclosure of Information</p> <ul> <li>Clause 13.1: Parties to whom disclosure may be made</li> <li>Clause 13.3: Additional rights</li> </ul> <p><br />The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/forms/ocbc%20business%20card/bdc-cardmember-agreement-Feb25.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/forms/ocbc%20business%20card/bdc-cardmember-agreement-Feb25.pdf </a>from 10 January 2025 (inclusive of this date).</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982394"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">12 December 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="batc_updates_wef010125" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 1 January 2025 (inclusive of this date)</strong></h5> </div> <div class="accordion__item__content"><p>Further to the notice published on 27 November 2024 and 12 December 2024 on Revisions to OCBC Business Account Terms and Conditions, we will be making additional amendments to the Business Account Terms and Conditions with effect from 1 January 2025 (inclusive of this date): </p> <p>The amendments are as follows:</p> <p>(i) Singapore Product Addendum:</p> <ul> <li>Corresponding Chinese Language for Clauses 11A & 11B<br /><br /></li> </ul> (ii) Amended minor typographical and numbering errors.<br /> <p><br />The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business-account-terms-and-conditions-effective1Jan25-updated.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business-account-terms-and-conditions-effective1Jan25-updated.pdf</a> from 12 December 2024 (inclusive of this date).</p> <p>The OCBC Business Account Terms and Conditions will be amended with effect from 1 January 2025 (incusive of this date).</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982398"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">12 December 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="batc_updates_wef161224" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 16 December 2024 (inclusive of this date)</strong></h5> </div> <div class="accordion__item__content"><p>The OCBC Business Account Terms and Conditions will be amended with effect from 16 December 2024 (inclusive of this date).</p> <p>The amendment can be found in the following:</p> <ul> <li>Singapore Local Addendum: <br />A notice regarding E-Payments User Protection Guidelines has been included.</li> </ul> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business-account-terms-and-conditions-effective16Dec24.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business-account-terms-and-conditions-effective16Dec24.pdf</a> from 12 December 2024 (inclusive of this date).</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982426"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">4 December 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="dcc-business-notices" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Update to descriptions for PayNow transactions in our statements and SWIFT messages</strong></h5> </div> <div class="accordion__item__content"><p>We refer to our notices of 30 September 2024 and 28 October 2024 regarding an update to descriptions for PayNow transactions in our statements and SWIFT messages (MT940, MT942, MT900 and MT910).<br /><br />The revised descriptions will apply to transactions posted on and after <strong>8 December 2024</strong>.<br /><br />If you are currently using our statements and/or SWIFT messages for auto-reconciliation purposes, you may wish to update your system on 8 December 2024.<br /> <br />The revised descriptions are as follows:</p> <table style="border-collapse: collapse; width: 84.9445%; height: 101px;" border="1"> <tbody> <tr style="height: 64px;"> <td style="width: 14.3294%; height: 64px;" width="96"> <p><strong>Transaction type</strong></p> </td> <td style="width: 23.6824%; height: 64px;" width="405"> <p><strong>Statements</strong></p> </td> <td style="width: 23.7286%; height: 64px;" width="454"> <p><strong>MT940 and MT942 messages (tag: 86)</strong></p> </td> <td style="width: 24.6391%; height: 64px;" width="435"> <p><strong>MT900 and MT910 messages (tag: 20)</strong></p> </td> </tr> <tr style="height: 18px;"> <td style="width: 14.3294%; height: 18px;">Non-Payroll</td> <td style="width: 23.6824%; height: 18px;"> <p>Line 2: Purpose code <em><space> </em>S$ <em><space> </em>Debtor/Creditor name<sup>1 </sup></p> Line 4: PayNow:<em><space> </em>Payment details/End-to-end ID<sup> 2<br /><br /></sup> <p><strong><u>Example</u></strong></p> <p>FAST PAYMENT</p> <p>OTHR S$ JOHN TAN</p> <p>INVOICE NO TT34<br /><br />PayNow: PAYMENT OF INVOICE NO TT34<br /><br /></p> </td> <td style="width: 23.7286%; height: 18px;"> <p><br />Line 2: Purpose code <em><space> </em>S <space> <em><space></em> Debtor/Creditor name<sup>1 </sup></p> Line 4: PayNow:<em><space> </em>Payment details/End-to-end ID<sup> 2<br /><br /></sup> <p><strong><u>Example</u></strong></p> <p>:86:FAST PAYMENT</p> <p>OTHR S  JOHN TAN</p> <p>INVOICE NO TT34<br /><br />PayNow: PAYMENT OF INVOICE NO TT34<br /><br /></p> </td> <td style="width: 24.6391%; height: 18px;">Purpose code <em><space> </em>S <space> <em><space></em> Debtor/Creditor name<sup>3<br /><br /></sup> <p><strong><u>Example</u></strong></p> <p>:20:OTHR S  JOHN TAN<br /><br /><br /><br /><br /><br /><br /><br /></p> <sup><br /><br /><br /></sup></td> </tr> <tr style="height: 18px;"> <td style="width: 14.3294%; height: 19px;">Payroll</td> <td style="width: 23.6824%; height: 19px;">Line 4: PayNow:<em><space></em> Payment details/End-to-end ID<sup> 2<br /></sup> <p><strong><u><br />Example</u></strong></p> <p>FAST PAYMENT<br /><br />SALA PAYROLL<br /><br />PAYROLL REF TC60<br /><br />PayNow: PAYROLL FOR AUGUST 2024</p> </td> <td style="width: 23.7286%; height: 19px;" width="454"> <p>Line 4: PayNow:<em><space></em> Payment details/End-to-end ID<sup> 2<br /><br /><br /></sup><strong><u>Example</u></strong></p> <p>:86:FAST PAYMENT</p> <p>SALA PAYROLL</p> <p>PAYROLL REF TC60<br /><br />PayNow: PAYROLL FOR AUGUST 2024<sup><br /></sup></p> </td> <td style="width: 24.6391%; height: 19px;" width="435"> <p><br />This will remain unchanged.<br /><br /><br /><strong><u>Example</u></strong></p> <p>:20:SALA PAYROLL<br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /></p> </td> </tr> </tbody> </table> <p><sup>1</sup> Only the first 11 characters (including spaces) will be shown in the statement/SWIFT message<sup><br />2</sup> Only the first 26 characters (including spaces) will be shown in the statement/SWIFT message <sup><br />3</sup> Only the first 8 characters (including spaces) will be shown in the statement/SWIFT message</p> <p>If you have any questions, please call our Business Banking hotline: OCBC website > Contact us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1732715395325"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">27 November 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_BATC_revision" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 1 January 2025 (inclusive of this date)</strong></h5> </div> <div class="accordion__item__content"><p>The OCBC Business Account Terms and Conditions will be amended with effect from 1 January 2025 (inclusive of this date).<br />The amendments are as follow:<br />(i) Singapore Product Addendum:</p> <ul> <li>Clause 1: TIME DEPOSITS<br />Added new clause 1.2<br />Amended clause 1.5 (previously clause 1.4)</li> <li>Clause 11: TERMS AND CONDITIONS GOVERNING OCBC ONECOLLECT<br />Added new clauses<br />11A. SPECIFIC TERMS APPLICABLE TO ALIPAY PAYMENTS<br />11B. SPECIFIC TERMS APPLICABLE TO DUITNOW QR PAYMENTS</li> </ul> <p>(ii) Amended minor typographical and numbering errors.</p> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Jan25.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Jan25.pdf</a> from 29 November 2024 (inclusive of this date).</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982433"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">27 November 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_onecollect" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>New collection modes on OCBC OneCollect </strong></h5> </div> <div class="accordion__item__content"><p>With effect from 1 January 2025 (inclusive of this date), we will be making Alipay+ and DuitNow QR available as new QR collection modes on OCBC OneCollect.<br /><br />Please note that we will be amending the following pricing guides to reflect the charges for this new QR collection mode i.e. Alipay+ and DuitNow QR and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/payment-collection-transactions/fees-and-charges">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from 1 January 2025 (inclusive of this date):</p> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate & Institutional Banking Pricing Guide</li> </ul> <br /> <table style="width: 89.4856%; border-collapse: collapse; float: left;" border="1"> <tbody> <tr> <td style="width: 13.4644%;"><strong>Description</strong></td> <td style="width: 30.885%;"><strong>Current Charges</strong></td> <td style="width: 45.1346%;"><strong>Updated Charges <br />[with effect from 1 January 2025 (inclusive of this date)]</strong></td> </tr> <tr> <td style="width: 13.4644%;">OCBC OneCollect</td> <td style="width: 30.885%;"> <ol> <li>PayNow – 0.25% of the total funds collected, deducted on a monthly basis. First 3 months of fees are waived.</li> <li>UnionPay – 1.50% of the total funds collected per day, deducted on a daily basis.</li> <li>ShopeePay – 1.50% of the total funds collected per day, deducted on a daily basis.</li> <li>WeChat Pay – 1.50% of the total funds collected per day, deducted on a daily basis.</li> </ol> </td> <td style="width: 45.1346%;"> <ol> <li>PayNow – 0.25% of the total funds collected, deducted on a monthly basis. First 3 months of fees are waived.</li> <li>UnionPay – 1.50% of the total funds collected per day, deducted on a daily basis.</li> <li><em> </em>ShopeePay – 1.50% of the total funds collected per day, deducted on a daily basis.</li> <li><em> </em>WeChat Pay – 1.50% of the total funds collected per day, deducted on a daily basis.</li> <li><em> </em>Alipay+* – 1.50% of the total funds collected per day, deducted on a daily basis.</li> <li>DuitNow QR* – 1.50% of the total funds collected per day, deducted on a daily basis.</li> </ol> <em>*Transaction charges for Alipay+ and DuitNow QR are waived until 31 January 2025.</em></td> </tr> </tbody> </table></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982450"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">27 November 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_otc_repricing" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Commencement of charging from the first transaction for all Singapore Dollar Business Accounts for certain over the counter branch transactions </strong></h5> </div> <div class="accordion__item__content"><p>Starting from January 1, 2025, we will begin charging all Singapore Dollar Business Accounts for specific over-the-counter branch transactions, including cash deposits (including bulk cash deposits), cash withdrawals, and cash cheque encashments.</p> <p>Please refer to our Business Banking Pricing Guide available at <a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide">Help & Support – Fees & Charges | OCBC Business Banking SG</a><span>.</span></p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982451"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">27 November 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="bga-repricing" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision to FAST and GIRO Charges for Business Growth Account from 1 January 2025</strong></h5> </div> <div class="accordion__item__content"><p>From 1 January 2025 (inclusive of this date), we will be revising the number of free FAST payment and GIRO transactions to 80 per month, respectively, for Business Growth Account.</p> Thank you for banking with us.<br /></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982488"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">11 November 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_reminder_fee_-sgdreturnedchq_feb16" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Debit Card Agreement with effect from 11 December 2024 (inclusive of this date)</strong></h5> </div> <div class="accordion__item__content"><p>The OCBC Business Debit Card Agreement will be amended with effect from 11 December 2024 (inclusive of this date).</p> <p>The amendments can be found in the following:</p> <ul> <li>Section 13: Disclosure of information</li> <li>Clause 13.3</li> </ul> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/forms/ocbc%20business%20card/bdc-cardmember-agreement-dec24.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/forms/ocbc%20business%20card/bdc-cardmember-agreement-dec24.pdf </a>from 11 November 2024 (inclusive of this date).</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982495"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">6 November 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="Revision_TnCs_Trade_Finance_Applications" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of terms and conditions for trade finance applications with effect from 6 November 2024</strong></h5> </div> <div class="accordion__item__content">Effective 6 November 2024, we will be revising the terms and conditions for trade finance applications.<br /><br />Please download the latest application forms with the revised terms and conditions from <a href="https://www.ocbc.com/business-banking/help-and-support/trade">https://www.ocbc.com/business-banking/help-and-support/trade</a>, starting 6 November 2024. Old application forms will no longer be accepted after 11 December 2024.<br /><br />Please contact our Trade Finance service staff through the Trade Hotline at (65) 6318 7777 if you have further queries.<br /><br />Thank you for banking with us. We look forward to your continued support.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982569"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">5 November 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="ocbc_commencement_051124" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Commencement of charging from the first transaction for Foreign Business Accounts for certain over the counter branch transactions </strong></h5> </div> <div class="accordion__item__content"><p>Please refer to the table below on the changes effective from 5 December 2024 (inclusive of this date):</p> <table style="border-collapse: collapse; width: 99.9999%;" border="1"> <tbody> <tr> <td style="width: 33.3333%;"><strong>Product Description</strong></td> <td style="width: 33.3333%;"><strong>Current</strong></td> <td style="width: 33.3333%;"><strong>New</strong></td> </tr> <tr> <td style="width: 33.3333%;"> <p><strong>Over the counter branch transaction charges</strong></p> <p>[Chargeable transactions are cash deposits (including bulk cash deposits), cash withdrawal and cash cheque encashment.]</p> </td> <td style="width: 33.3333%;"> <p>- First 3 transactions per month: FREE<br />- 4th transaction onwards: S$20 per transaction<br /><br /></p> (The transactions are calculated on an aggregate basis for all your bank accounts under the same customer name.)</td> <td style="width: 33.3333%;" width="198"> <p>S$20 per transaction</p> </td> </tr> </tbody> </table> <p><br />We will be amending the pricing guide to reflect the above changes and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from 5 December 2024 (inclusive of this date):</p> <ul> <li>Foreign Business Account Pricing Guide</li> </ul> <p><br />Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982577"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">30 October 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_revision_chf_fee_011115" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of Cash Deposit charges with effect from 1 December 2024</strong></h5> </div> <div class="accordion__item__content">Please refer to the table below on the changes effective from 1 December 2024 (inclusive of this date):<br /><br /> <table style="border-collapse: collapse; width: 82.919%;" border="1" height="44"> <tbody> <tr> <td style="width: 19.5709%;"><strong>Product Description</strong></td> <td style="width: 35.5623%;"><strong>Current</strong></td> <td style="width: 41.0053%;"><strong>New</strong></td> </tr> <tr> <td style="width: 19.5709%;">Cash Deposit charges</td> <td style="width: 35.5623%;">First S$20,000 per day - free; every subsequent S$10,000 (or less) - S$10.</td> <td style="width: 41.0053%;">First S$20,000 per day - free; every subsequent S$10,000 (or less) - S$20.</td> </tr> </tbody> </table> <br /><br />We will be amending the pricing guides to reflect the above changes and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from 1 December 2024 (inclusive of this date):<br /><br /> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate & Institutional Banking Pricing Guide</li> <li>Foreign Business Account Pricing Guide</li> </ul> <br />Thank you for banking with us.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982596"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">30 October 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="dcc-business-notices" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to Connectivity Channels Terms and Conditions with effect from 1 December 2024 (inclusive of this date)</strong></h5> </div> <div class="accordion__item__content"><p>The Connectivity Channels Terms and Conditions will be amended with effect from 1 December 2024 (inclusive of this date).<br /><br />The amendments can be found in the following:<br /><br />(i) Section 2: Authorisation and Instructions<br />Clause 2.4<br /><br />(ii) Section 5: Consent for Disclosure, Etc<br />Clause 5.1<br /><br />(iii) Section 13: General<br />Clause 13.17<br /><br />(iv) Section 14: Definitions and Interpretation<br />Clause 14.1</p> <p>The revised version of the Connectivity Channels Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/eBanking/connectivity-channels-terms-and-conditions-effective1Dec24.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/eBanking/connectivity-channels-terms-and-conditions-effective1Dec24.pdf</a>.<br /><br /><a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/forms/ebanking/connectivity_channels_terms_and_conditions_effective1Dec24.pdf"></a>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1730166931376"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">30 October 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="dcc-business-notices" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to Corporate API/SDK Terms of Use with effect from 1 December 2024 (inclusive of this date)</strong></h5> </div> <div class="accordion__item__content"><p>The Corporate API/SDK Terms of Use will be amended with effect from 1 December 2024 (inclusive of this date).</p> <p>The amendments can be found in the following:<br /><br />(i) Part 4: General Terms<br />Clause 13.7<br /><br />The revised version of the Corporate API/SDK Terms of Use will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/eBanking/corporate-api-service-terms-of-use-effective1Dec24.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/eBanking/corporate-api-service-terms-of-use-effective1Dec24.pdf</a> from 1 November 2024 (inclusive of this date).</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1730166931369"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">30 October 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="dcc-business-notices" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 1 December 2024 (inclusive of this date)</strong></h5> </div> <div class="accordion__item__content"><p>The OCBC Business Account Terms and Conditions will be amended with effect from 1 December 2024 (inclusive of this date).</p> <p>The amendments can be found in the following:<br /><br />(i) Section A: General Terms and Conditions<br />Clauses 11.1, 15.21<br /><br />(ii) Section C: Definitions and Interpretation<br />Clause 1.1<br /><br />The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business-account-terms-and-conditions-effective1Dec24.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business-account-terms-and-conditions-effective1Dec24.pdf</a> from 1 November 2024 (inclusive of this date).</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982573"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">28 October 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_postponed_paynow_update_281024" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Postponed: Update to descriptions for PayNow transactions in statements and SWIFT messages</strong></h5> </div> <div class="accordion__item__content"><p>We refer to the notice we posted on 30 September 2024 regarding an update to descriptions for PayNow transactions in our statements and SWIFT messages.</p> <p>The update has been postponed; we will post a further notice and send affected customers an email once a new date is confirmed.</p> <p>If you have any questions, please call our Business Banking hotline: OCBC website > Contact us.</p> <p>We are sorry for any inconvenience caused.</p> <p>Thank you.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1727276449839"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">30 September 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="dcc-business-notices" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Update to descriptions for PayNow transactions in our statements and SWIFT messages</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Customer<br /><br />We wish to inform you that we will be updating the formats of descriptions for PayNow transactions in our statements and SWIFT messages (MT940, MT942, MT900 and MT910).<br /><br />This change will apply to transactions posted <strong>on and from 27 October 2024</strong>.<br /><br />If you are currently using our statements and/or SWIFT messages for auto-reconciliation purposes, you may wish to update your system on 27 October 2024.<br /> <br />The descriptions for PayNow transactions will be updated to the following formats:</p> <table style="border-collapse: collapse; width: 84.9445%; height: 101px;" border="1"> <tbody> <tr style="height: 64px;"> <td style="width: 14.3294%; height: 64px;" width="96"> <p><strong>Transaction type</strong></p> </td> <td style="width: 23.6824%; height: 64px;" width="405"> <p><strong>Statements</strong></p> </td> <td style="width: 23.7286%; height: 64px;" width="454"> <p><strong>MT940 and MT942 messages (tag: 86)</strong></p> </td> <td style="width: 24.6391%; height: 64px;" width="435"> <p><strong>MT900 and MT910 messages (tag: 20)</strong></p> </td> </tr> <tr style="height: 18px;"> <td style="width: 14.3294%; height: 18px;">Non-Payroll</td> <td style="width: 23.6824%; height: 18px;"> <p>Line 2: Purpose code <em><space> </em>S$ <em><space> </em>Debtor/Creditor name<sup>1 </sup></p> Line 4: PayNow:<em><space> </em>Payment details/End-to-end ID<sup> 2<br /><br /></sup> <p><strong><u>Example</u></strong></p> <p>FAST PAYMENT</p> <p>OTHR S$ JOHN TAN</p> <p>INVOICE NO TT34<br /><br />PayNow: PAYMENT OF INVOICE NO TT34<br /><br /></p> </td> <td style="width: 23.7286%; height: 18px;"> <p><br />Line 2: Purpose code <em><space> </em>S <space> <em><space></em> Debtor/Creditor name<sup>1 </sup></p> Line 4: PayNow:<em><space> </em>Payment details/End-to-end ID<sup> 2<br /><br /></sup> <p><strong><u>Example</u></strong></p> <p>:86:FAST PAYMENT</p> <p>OTHR S  JOHN TAN</p> <p>INVOICE NO TT34<br /><br />PayNow: PAYMENT OF INVOICE NO TT34<br /><br /></p> </td> <td style="width: 24.6391%; height: 18px;">Purpose code <em><space> </em>S <space> <em><space></em> Debtor/Creditor name<sup>3<br /><br /></sup> <p><strong><u>Example</u></strong></p> <p>:20:OTHR S  JOHN TAN<br /><br /><br /><br /><br /><br /><br /><br /></p> <sup><br /><br /><br /></sup></td> </tr> <tr style="height: 18px;"> <td style="width: 14.3294%; height: 19px;">Payroll</td> <td style="width: 23.6824%; height: 19px;">Line 4: PayNow:<em><space></em> Payment details/End-to-end ID<sup> 2<br /></sup> <p><strong><u><br />Example</u></strong></p> <p>FAST PAYMENT<br /><br />SALA PAYROLL<br /><br />PAYROLL REF TC60<br /><br />PayNow: PAYROLL FOR AUGUST 2024</p> </td> <td style="width: 23.7286%; height: 19px;" width="454"> <p>Line 4: PayNow:<em><space></em> Payment details/End-to-end ID<sup> 2<br /><br /><br /></sup><strong><u>Example</u></strong></p> <p>:86:FAST PAYMENT</p> <p>SALA PAYROLL</p> <p>PAYROLL REF TC60<br /><br />PayNow: PAYROLL FOR AUGUST 2024<sup><br /></sup></p> </td> <td style="width: 24.6391%; height: 19px;" width="435"> <p><br />This will remain unchanged.<br /><br /><br /><strong><u>Example</u></strong></p> <p>:20:SALA PAYROLL<br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /></p> </td> </tr> </tbody> </table> <p><sup>1</sup> Only the first 11 characters (including spaces) will be shown in the statement/SWIFT message<sup><br />2</sup> Only the first 26 characters (including spaces) will be shown in the statement/SWIFT message <sup><br />3</sup> Only the first 8 characters (including spaces) will be shown in the statement/SWIFT message</p> <p>If you have any questions, please call our Business Banking hotline: OCBC website > Contact us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982597"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="first" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">23 September 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="dcc-business-notices" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 1 October 2024 (inclusive of this date)</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>The OCBC Business Account Terms and Conditions will be amended with effect from 1 October 2024 (inclusive of this date).</p> <p>The amendments can be found in the following:</p> <ul> <li>Singapore Product Addendum:</li> </ul> <p>Clauses 13.1, 13.2, 13.3, 13.4, 13.5, 13.6, 13.7, 13.8, 13.9, 13.10, 13.11, 13.12, 14.1</p> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Oct24.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Oct24.pdf</a> from 23 September 2024 (inclusive of this date).</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1724027900523"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">1 September 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="BEA_plus_counter_transactions" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Commencement of charging from the first transaction for Business Entrepreneur Account Plus for certain over the counter branch transactions</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>Please refer to the table below on the changes effective from 1 October 2024 (inclusive of this date):</p> <table style="border-collapse: collapse; width: 77.7915%;" border="1"> <tbody> <tr> <td style="width: 24.41%;"><strong>Product Description</strong></td> <td style="width: 26.8991%;"><strong>Current </strong></td> <td style="width: 26.4831%;"><strong>New</strong></td> </tr> <tr> <td style="width: 24.41%;"> <p><strong>Over the counter branch transaction charges</strong></p> <p>[Chargeable transactions are cash deposits (including bulk cash deposits), cash withdrawal and cash cheque encashment.]</p> </td> <td style="width: 26.8991%;" width="217"> <p>Business Entrepreneur Account Plus:<br />- First 3 transactions per month: FREE<br />- 4th transaction onwards: S$20 per transaction</p> <p>(The transactions are calculated on an aggregate basis for all your bank accounts under the same customer name.)</p> </td> <td style="width: 26.4831%;"> <p>Business Entrepreneur Account Plus: <br />S$20 per transaction</p> </td> </tr> </tbody> </table> <br /> <p>We will be amending the pricing guide to reflect the above changes and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from 1 October 2024 (inclusive of this date):</p> <ul> <li>Business Banking Pricing Guide</li> </ul> <p><br />Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982598"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">1 August 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="new_collection_mode_onecollect" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>New collection mode on OCBC OneCollect</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect from 15 July 2024 (inclusive of this date), we will be making WeChat Pay available as a new QR collection mode on OCBC OneCollect.</p> <p>Please note that we will be amending the following pricing guides to reflect the charges for this new QR collection mode i.e. WeChat Pay and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/payment-collection-transactions/fees-and-charges">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from 15 July 2024 (inclusive of this date):</p> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate & Institutional Banking Pricing Guide</li> </ul> <table style="border-collapse: collapse; width: 81.3479%;" border="1"> <tbody> <tr> <td style="width: 24.6407%;"><strong>Description</strong></td> <td style="width: 39.7206%;"><strong>Current Charges</strong></td> <td style="width: 76.0506%;"><strong>Updated Charges <br />[with effect from 15 July 2024 (inclusive of this date)]</strong></td> </tr> <tr> <td style="width: 24.6407%;">OCBC OneCollect</td> <td style="width: 39.7206%;"> <p>1)   PayNow - 0.25% of the total funds collected, deducted on monthly basis.</p> <p>2)   UnionPay – 1.50% of the total funds collected per day, deducted on a daily basis.</p> </td> <td style="width: 76.0506%;"> <p>1)   PayNow - 0.25% of the total funds collected, deducted on monthly basis.</p> <p>2)   UnionPay – 1.50% of the total funds collected per day, deducted on a daily basis.</p> <p>3)   ShopeePay* – 1.50% of the total funds collected per day, deducted on a daily basis.<br /><br />4) WeChat Pay* – 1.50% of the total funds collected per day, deducted on a daily basis.<br /><br />*<em>Transaction charges for ShopeePay and WeChat Pay are waived until 30 September 2024.</em></p> </td> </tr> </tbody> </table> <br /> <p><br />Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1734046472854"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">5 July 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="notice-050724" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Terms & Conditions governing Business Loans with effect from 15 July 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>With effect from 15 July 2024, there will be revisions to the OCBC Business Loans Terms and Conditions.</p> <ul> <li>New clause 17: Pre-Approved Loans</li> </ul> <p>The revised version of the OCBC Terms & Conditions governing Business Loans will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/loans/terms-and-condition-governing-business-loans.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/loans/terms-and-condition-governing-business-loans.pdf</a> from 5 July 2024.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982600"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">28 June 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="revision_batc_280624" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 1 August 2024 (inclusive of this date)</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>The OCBC Business Account Terms and Conditions will be amended to reflect the new names of Singapore legislation with effect from 1 August 2024 (inclusive of this date).</p> <p>The amendments can be found in the following:</p> <p>Singapore Local Addendum:<br />Clauses 4.1 (a), 6.3, 6.7, 7.1</p> <p>Singapore Product Addendum: <br />Clauses 12.22, 12.41, 14.1 <br /><br />The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Aug24.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Aug24.pdf</a> from 1 July 2024 (inclusive of this date).</p> <p>Thank you for banking with us. </p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982604"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">27 June 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="new_collection_mode_onecollect" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>New collection mode on OCBC OneCollect</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect from 27 June 2024 (inclusive of this date), we will be making ShopeePay available as a new QR collection mode on OCBC OneCollect.</p> <p>Please note that we will be amending the following pricing guides to reflect the charges for this new QR collection mode i.e. ShopeePay and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/payment-collection-transactions/fees-and-charges">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from  27 June 2024 (inclusive of this date):</p> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate & Institutional Banking Pricing Guide</li> </ul> <table style="border-collapse: collapse; width: 81.3479%;" border="1"> <tbody> <tr> <td style="width: 24.6407%;"><strong>Description</strong></td> <td style="width: 39.7206%;"><strong>Current Charges</strong></td> <td style="width: 76.0506%;"><strong>Updated Charges <br />[with effect from 27 June 2024 (inclusive of this date)]</strong></td> </tr> <tr> <td style="width: 24.6407%;">OCBC OneCollect</td> <td style="width: 39.7206%;"> <p>1)   PayNow - 0.25% of the total funds collected, deducted on monthly basis.</p> <p>2)   UnionPay – 1.50% of the total funds collected per day, deducted on a daily basis.</p> </td> <td style="width: 76.0506%;"> <p>1)   PayNow - 0.25% of the total funds collected, deducted on monthly basis.</p> <p>2)   UnionPay – 1.50% of the total funds collected per day, deducted on a daily basis.</p> <p>3)   ShopeePay – 1.50% of the total funds collected per day, deducted on a daily basis. Waiver until 31 August 2024.</p> </td> </tr> </tbody> </table> <br /> <p><br />Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982599"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">31 May 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="giro-charges-for-bea" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision to GIRO Charges for Business Entrepreneur Account Plus from 1 July 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,<br /><br />From 1 July 2024 (inclusive of this date), we will be revising GIRO charges for Outward GIRO as follows:</p> <table style="border-collapse: collapse; width: 38.198%;" border="1" height="28"> <tbody> <tr> <td style="width: 24.6407%;"> </td> <td style="width: 34.1361%;">Current Charges<br />(until 30 June 2024)</td> <td style="width: 38.4852%;">New Charges<br />(from 1 July 2024)</td> </tr> <tr> <td style="width: 24.6407%;">Outward GIRO</td> <td style="width: 34.1361%;"> <p>S$0.10 per item requested via OCBC Velocity.</p> </td> <td style="width: 38.4852%;">Standard charges apply. Please refer to <u><a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide#transactioncharges">Transaction Charges</a></u>.</td> </tr> </tbody> </table> <br />Thank you for banking with us.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982661"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">31 May 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="giro-charges-business8" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision to GIRO Charges for Business 8 Account from 1 July 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,<br /><br />From 1 July 2024 (inclusive of this date), we will be revising GIRO charges for Outward GIRO as follows:</p> <table style="border-collapse: collapse; width: 38.198%;" border="1" height="28"> <tbody> <tr> <td style="width: 24.6407%;"> </td> <td style="width: 34.1361%;">Current Charges<br />(until 30 June 2024)</td> <td style="width: 38.4852%;">New Charges<br />(from 1 July 2024)</td> </tr> <tr> <td style="width: 24.6407%;">Outward GIRO</td> <td style="width: 34.1361%;"> <p>S$0.08 per item</p> </td> <td style="width: 38.4852%;">Standard charges apply. Please refer to <u><a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide#transactioncharges">Transaction Charges</a></u>.</td> </tr> </tbody> </table> <p><br />Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982672"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">31 May 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="giro-charges-bizpriviledge" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision to GIRO Charges for Business Privilege Account from 1 July 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,<br /><br />From 1 July 2024 (inclusive of this date), we will be revising GIRO charges Outward GIRO as follows:</p> <table style="border-collapse: collapse; width: 38.198%;" border="1" height="28"> <tbody> <tr> <td style="width: 24.6407%;"> </td> <td style="width: 34.1361%;">Current Charges<br />(until 30 June 2024)</td> <td style="width: 38.4852%;">New Charges<br />(from 1 July 2024)</td> </tr> <tr> <td style="width: 24.6407%;">Outward GIRO</td> <td style="width: 34.1361%;"> <p>S$0.10 per item requested via OCBC Velocity</p> <p>S$0.20 per item requested via other channels.</p> </td> <td style="width: 38.4852%;">Standard charges apply. Please refer to <u><a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide#transactioncharges">Transaction Charges</a></u>.</td> </tr> </tbody> </table> <br />Thank you for banking with us.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982662"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">31 May 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="inr-demand-draft-310524" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Discontinuation of INR Demand Draft Issuance with effect from 1 July 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect from 1 July 2024, we will no longer offer INR demand draft issuance. Please pay via other alternatives such as telegraphic transfer.</p> <p>Please remind your beneficiaries to deposit their OCBC-issued INR demand drafts within 6 months from issuing date.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982678"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">17 May 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="Removal-of-HKD-via-IACH-150524" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Discontinuation of Hong Kong Dollar payment via International Automated Clearing House (IACH)</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect from 17 June 2024, Hong Kong Dollar (HKD) payment via International Automated Clearing House (IACH) will no longer be offered due to a local market change relating to the payment clearing scheme in Hong Kong.</p> <p>Overseas remittances in HKD may still be effected via Outward Telegraphic Transfer.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982673"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 May 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_jpycharges_010524" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Removal of Charges for JPY Business Accounts from 1 June 2024 (inclusive of this date) </strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect from 1 June 2024 (inclusive of this date), the service charge for JPY Business Accounts will be removed.</p> <p>Please note that we will be amending the following pricing guides to reflect the change which is set out above and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/payment-collection-transactions/fees-and-charges">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from 1 June 2024 (inclusive of this date):</p> <ul> <li><a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide">Business Banking Pricing Guide</a></li> <li><a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/corporate-institutional-banking-pricing-guide">Corporate and Institutional Banking Pricing Guide</a></li> <li><a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-foreign-accounts-pricing-guide">Foreign Business Account Pricing Guide</a></li> </ul> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982685"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">29 February 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web.notice_USDchequeissuancedepositfees_010424" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Implementation of USD Cheque Issuance and Deposit Fees from 1 April 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>From 1 April 2024 (inclusive of this date), we will be implementing a USD Cheque Issuance and USD Cheque Deposit fee of US$1 /cheque in line with an industry-wide measure to better reflect increasing cheque processing costs.</p> <p>Please refer to the table below.<br /><br /><strong>Cheques</strong></p> <table style="border-collapse: collapse; width: 73.7187%; height: 54px;" border="1"> <tbody> <tr style="height: 18px;"> <td style="width: 30.7393%; height: 18px;"> </td> <td style="width: 19.8863%; height: 18px; text-align: center;"><strong>Current Charges</strong><br />(until 31 March 2024)</td> <td style="width: 23.0944%; height: 18px; text-align: center;"><strong>New Charges</strong><br />(from 1 April 2024)</td> </tr> <tr style="height: 18px;"> <td style="width: 30.7393%; height: 18px;">USD Cheque Clearing (Issuance) Fee</td> <td style="width: 19.8863%; height: 18px; text-align: center;">No charge</td> <td style="width: 23.0944%; height: 18px; text-align: center;">US$1/Cheque</td> </tr> <tr style="height: 18px;"> <td style="width: 30.7393%; height: 18px;">USD Cheque Deposit Fee</td> <td style="width: 19.8863%; height: 18px; text-align: center;">No charge</td> <td style="width: 23.0944%; height: 18px; text-align: center;">US$1/Cheque</td> </tr> </tbody> </table> <br /> <p>For more information on this industry-wide measure, please refer to the MAS announcement at:</p> <p><a href="https://www.mas.gov.sg/news/media-releases/2023/mas-announces-end-2025-timeline-to-eliminate-corporate-cheques">https://www.mas.gov.sg/news/media-releases/2023/mas-announces-end-2025-timeline-to-eliminate-corporate-cheques</a></p> <p>We encourage you to adopt electronic payment methods such as Telegraphic Transfers for your USD payments.</p> <p>Please also note that we will be amending the following pricing guides to reflect the above changes and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/payment-collection-transactions/fees-and-charges">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from 1 April 2024 (inclusive of this date).</p> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate & Institutional Banking Pricing Guide</li> <li>Foreign Business Account Pricing Guide</li> </ul> <br />Thank you for banking with us.</div> </li> <li id="web.notice_cashiersorderfeerevision_010424" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Revision to Cashier’s Order fee from 1 April 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>From 1 April 2024 (inclusive of this date), we will be revising the Cashier’s Order fee for Cashier’s Orders requested through digital channels (OCBC Velocity or Host-to-Host) or hardcopy application (OCBC Branches or mailed-in).</p> <p>Please refer to the table below.<br /><br /><strong>Cashier's Order</strong></p> <table style="border-collapse: collapse; width: 51.3194%; height: 36px;" border="1"> <tbody> <tr style="height: 18px;"> <td style="width: 20.0632%; height: 18px;"><strong>Account Holder</strong></td> <td style="width: 15.053%; height: 18px; text-align: center;"><strong>Current Charges</strong><br />(until 31 March 2024)</td> <td style="width: 16.2039%; height: 18px; text-align: center;"><strong>New Charges</strong><br />(from 1 April 2024)</td> </tr> <tr style="height: 18px;"> <td style="width: 20.0632%; height: 18px;">Payable to Own Name/Third Party</td> <td style="width: 15.053%; height: 18px; text-align: center;">S$5 /Cashier’s Order</td> <td style="width: 16.2039%; height: 18px; text-align: center;">S$15 /Cashier’s Order</td> </tr> </tbody> </table> <br /> <p>Please also note that we will be amending the following pricing guides to reflect the above changes and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/payment-collection-transactions/fees-and-charges">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from 1 April 2024 (inclusive of this date).</p> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate & Institutional Banking Pricing Guide</li> <li>Foreign Business Account Pricing Guide</li> </ul> <p><br />Thank you for banking with us.</p></div> </li> <li id="web.branchnotice_revisedoutwardremittance_010424" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Revision to Branch / Manual Instruction charges for Outward Remittance – Telegraphic Transfer and Internal Funds Transfer from 1 April 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>From 1 April 2024 (inclusive of this date), we will be revising the Outward Remittances Telegraphic Transfer cable fee and Internal Funds Transfer fee, which are requested through branch / manual instruction.</p> <p>Please refer to the table below.<br /><br /><strong>Outward Remittances - Telegraphic Transfer</strong></p> <table style="border-collapse: collapse; width: 63.8524%; height: 72px;" border="1"> <tbody> <tr style="height: 18px;"> <td style="width: 32.7917%; height: 18px;"><strong>Account Holder</strong></td> <td style="width: 15.6714%; height: 18px; text-align: center;"><strong>Current Cable Charge</strong><br />(until 31 March 2024)</td> <td style="width: 15.3888%; height: 18px; text-align: center;"><strong>New Cable Charge</strong><br />(from 1 April 2024)</td> </tr> <tr style="height: 18px;"> <td style="width: 32.7917%; height: 18px;">Debit from SGD Accounts</td> <td style="width: 15.6714%; height: 18px; text-align: center;">S$35</td> <td style="width: 15.3888%; height: 18px; text-align: center;">S$40</td> </tr> <tr style="height: 18px;"> <td style="width: 32.7917%; height: 18px;">Debit from Foreign Currency Account without Foreign Exchange</td> <td style="width: 15.6714%; height: 18px; text-align: center;">S$35</td> <td style="width: 15.3888%; height: 18px; text-align: center;">S$40</td> </tr> <tr style="height: 18px;"> <td style="width: 32.7917%; height: 18px;">Debit from Foreign Currency Account with Foreign Exchange</td> <td style="width: 15.6714%; height: 18px; text-align: center;">S$35</td> <td style="width: 15.3888%; height: 18px; text-align: center;">S$40</td> </tr> </tbody> </table> <br /> <p><strong>Internal Funds Transfer</strong></p> <table style="border-collapse: collapse; width: 63.8524%; height: 72px;" border="1"> <tbody> <tr style="height: 18px;"> <td style="width: 32.7917%; height: 18px;"><strong>Account Holder</strong></td> <td style="width: 15.6714%; height: 18px; text-align: center;"><strong>Current Cable Charge</strong><br />(until 31 March 2024)</td> <td style="width: 15.3888%; height: 18px; text-align: center;"><strong>New Cable Charge</strong><br />(from 1 April 2024)</td> </tr> <tr style="height: 18px;"> <td style="width: 32.7917%; height: 18px;">For funds transfer within OCBC Singapore accounts</td> <td style="width: 15.6714%; height: 18px; text-align: center;">S$5</td> <td style="width: 15.3888%; height: 18px; text-align: center;">S$15</td> </tr> </tbody> </table> <br /><br /> <p>For the avoidance of doubt, there are no changes to:<br /><br />(a) fees and charges for OCBC Velocity (Business Internet Banking), OCBC Business app, Host-to-Host, or API instructions;<br />(b) the Branch / Manual Instruction fees and charges where the account holder is "Withdrawal from Foreign Currency Time Deposits"; and</p> <p>(c) the Agent Fee for all types of account holders for Outward Remittances - Telegraphic Transfer. <br />(d) fees and charges for OCBC Velocity (Business Internet Banking) for Internal Funds Transfer.</p> <p>Please also note that we will be amending the following pricing guides to reflect the above changes and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/payment-collection-transactions/fees-and-charges">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from 1 April 2024 (inclusive of this date):</p> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate and Institutional Banking Pricing Guide</li> <li>Foreign Business Account Pricing Guide</li> </ul> <p> </p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982746"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">27 February 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="notice_revisiontoBATC_270224" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 1 April 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>The OCBC Business Account Terms and Conditions will be amended with effect from 1 April 2024.</p> <p>The amendment can be found in the following:</p> <table style="height: 36px; width: 33.5773%; border-collapse: collapse; border-style: none;" border="0" height="40"> <tbody> <tr style="height: 18px;"> <td style="width: 14.8198%; height: 18px;">(i)</td> <td style="width: 85.1802%; height: 18px;">Singapore Local Addendum:</td> </tr> <tr style="height: 18px;"> <td style="width: 14.8198%; height: 18px;"> </td> <td style="width: 85.1802%; height: 18px;">Clause 6.2</td> </tr> </tbody> </table> <br /> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Apr24.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Apr24.pdf</a> from 1 March 2024.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982748"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">5 February 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="notice-050224" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Discontinuation of Offsite Quick Cheque Deposit Box Service from 5 March 2024, 3:30pm</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>Our Offsite Quick Cheque Deposit Box service at various locations will be discontinued from 5 March 2024, 3.30pm.</p> <p>You may visit our nearest full-service branch for your cheque deposit and other banking needs.</p> <table style="border-collapse: collapse; width: 74.5107%;" border="1"> <tbody> <tr> <td style="width: 5.85502%;" width="40">S/No.</td> <td style="width: 34.6568%;" width="319">Offsite Quick Cheque Deposit Box Service Location</td> <td style="width: 18.3061%;" width="150">Last Cheque Collection </td> <td style="width: 15.6939%;" width="211">Nearest Full-service OCBC Branch</td> </tr> <tr> <td style="width: 5.85502%;">1</td> <td style="width: 34.6568%;">Shell Boon Lay</td> <td style="width: 18.3061%;">5 March 2024, 3:30pm</td> <td style="width: 15.6939%;"> Jurong Point</td> </tr> <tr> <td style="width: 5.85502%;">2</td> <td style="width: 34.6568%;">Shell Paya Lebar (Macpherson)</td> <td style="width: 18.3061%;">5 March 2024, 3:30pm</td> <td style="width: 15.6939%;"> Paya Lebar Square</td> </tr> <tr> <td style="width: 5.85502%;">3</td> <td style="width: 34.6568%;">Shell Paya Lebar (PIE)</td> <td style="width: 18.3061%;">5 March 2024, 3:30pm</td> <td style="width: 15.6939%;"> Paya Lebar Square</td> </tr> <tr> <td style="width: 5.85502%;">4</td> <td style="width: 34.6568%;">Shell Pasir Ris</td> <td style="width: 18.3061%;">5 March 2024, 3:30pm</td> <td style="width: 15.6939%;"> White Sands</td> </tr> <tr> <td style="width: 5.85502%;">5</td> <td style="width: 34.6568%;">Shell Woodlands</td> <td style="width: 18.3061%;">5 March 2024, 3:30pm</td> <td style="width: 15.6939%;"> Causeway Point</td> </tr> <tr> <td style="width: 5.85502%;">6</td> <td style="width: 34.6568%;">Midview City</td> <td style="width: 18.3061%;">13 March 2024, 3:30pm</td> <td style="width: 15.6939%;"> Thomson</td> </tr> <tr> <td style="width: 5.85502%;">7</td> <td style="width: 34.6568%;">Ruby Industrial Complex</td> <td style="width: 18.3061%;">30 April 2024, 3:30pm</td> <td style="width: 15.6939%;"> Paya Lebar Square</td> </tr> <tr> <td style="width: 5.85502%;">8</td> <td style="width: 34.6568%;">Shun Li Industrial Park</td> <td style="width: 18.3061%;">30 April 2024, 3:30pm</td> <td style="width: 15.6939%;"> Bedok</td> </tr> <tr> <td style="width: 5.85502%;">9</td> <td style="width: 34.6568%;">Ubi Techpark</td> <td style="width: 18.3061%;">30 April 2024, 3:30pm</td> <td style="width: 15.6939%;"> Paya Lebar Square</td> </tr> <tr> <td style="width: 5.85502%;">10</td> <td style="width: 34.6568%;">8@TradeHub21</td> <td style="width: 18.3061%;">30 April 2024, 3:30pm</td> <td style="width: 15.6939%;"> Jurong East</td> </tr> </tbody> </table> <br /> <p>We apologise for any inconvenience caused and appreciate your kind understanding.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982750"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">30 January 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="BATC_300124" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 1 March 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>The OCBC Business Account Terms and Conditions will be amended with effect from 1 March 2024.</p> <p>The amendments can be found in the following:</p> <p>(i) Section A: General Terms and Conditions<br />Clauses 3.4, 8.2, 8.3, 8.4, 11.1, 11.2, 12.1, 13.1, 14.1, 14.2, 15.6, 15.13<br /><br />(ii) Section B: Terms & Conditions Governing Electronic Services<br />Clauses 2.1, 3, 4, 5, 6, 7, 8, 9<br /><br />(iii) Section C: Definitions and Interpretation<br />Clauses 1.1, 2.2<br /><br />(iv) Singapore Local Addendum:<br />Clauses 5, 6, 7<br /><br />(v) Singapore Product Addendum:<br />Clauses 8.22, 11.4, 11.13, 11.14, 12, 13.5, 13.9, 14.1</p> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Mar24.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Mar24.pdf</a> from 1 February 2024.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982749"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">1 January 2024</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="notice-020124" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision to Annual Service Fees for OCBC credit cards</strong></h5> </div> <div class="accordion__item__content"><p>From 1 January 2024, we will be revising the Annual Service Fees for the OCBC Business Credit Card and OCBC Corporate Credit Card.<br /><br /></p> <table style="height: 194px; width: 826px;" border="1" width="717" height="194"> <tbody> <tr> <td style="width: 259.544px;" rowspan="2"> <p> </p> </td> <td style="width: 275.586px; text-align: center;"> <p><strong>Till 31 December 2023</strong></p> </td> <td style="width: 271.589px; text-align: center;"> <p><strong>From 1 January 2024</strong></p> </td> </tr> <tr> <td style="width: 552.487px; text-align: center;" colspan="2"> <p style="text-align: center;"><strong>Annual Service Fee (inclusive of GST)</strong></p> </td> </tr> <tr> <td style="width: 259.544px;"> <p>OCBC Corporate Credit Card</p> </td> <td style="width: 275.586px; text-align: center;"> <p>$100.00</p> </td> <td style="width: 271.589px; text-align: center;"> <p>$109.00</p> </td> </tr> <tr> <td style="width: 259.544px;"> <p>OCBC Business Credit Card</p> </td> <td style="width: 275.586px; text-align: center;"> <p>$194.40</p> </td> <td style="width: 271.589px; text-align: center;"> <p>$196.20</p> </td> </tr> </tbody> </table></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1700976097084"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">1 December 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="revision-asf-corporate-credit-card-wef1jan24" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision to the Annual Service Fee for the OCBC Corporate Credit Card</strong></h5> </div> <div class="accordion__item__content"><p>From 1 January 2024, we will be revising the Annual Service fee Fee for the OCBC Corporate Credit Card from S$100.00 to S$109.00 (including GST).</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982761"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">30 November 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="Revision_price_Reusablebag_SecTag" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of the prices of our Reusable Bag and Security Tag</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>There will be a revision of the prices of our Reusable Bag and Security Tag, effective 1 January 2024 (inclusive of this date).<br /><br /></p> <table style="border-collapse: collapse; width: 59.2619%; height: 234px;" border="1"> <tbody> <tr style="height: 78px;"> <td style="width: 19.8221%; height: 78px;"> <p style="text-align: center;"><strong>Product Description</strong></p> </td> <td style="width: 19.9411%; height: 78px; text-align: center;"> <p><strong>Current Price<br /></strong><strong>(Inclusive of GST)</strong></p> </td> <td style="width: 23.19%; height: 78px; text-align: center;"> <p><strong>Revised Price<br /></strong><strong>(Inclusive of GST)</strong></p> </td> </tr> <tr style="height: 78px;"> <td style="width: 19.8221%; height: 78px;"> <p><strong>Reusable Bag </strong></p> <p> </p> </td> <td style="width: 19.9411%; height: 78px;"> <p>S$56.00</p> </td> <td style="width: 23.19%; height: 78px;"> <p>S$70.00</p> </td> </tr> <tr style="height: 78px;"> <td style="width: 19.8221%; height: 78px;"> <p><strong>Security Tag</strong></p> <p> </p> </td> <td style="width: 19.9411%; height: 78px;"> <p>S$0.11</p> </td> <td style="width: 23.19%; height: 78px;"> <p>S$0.14</p> </td> </tr> </tbody> </table> <br /> <p>Please also note that we will be amending the following pricing guides to reflect the above changes and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/payment-collection-transactions/fees-and-charges">Help & Support – Fees & Charges | OCBC Business Banking SG</a> from 1 January 2024 (inclusive of this date):</p> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate and Institutional Banking Pricing Guide</li> <li>Foreign Business Account Pricing Guide</li> </ul> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982774"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">30 November 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="discontinuation_of_offsite_quick_cheque_deposit_box_caltex" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Discontinuation of Offsite Quick Cheque Deposit Box Service at Caltex Jalan Bukit Merah on 29 Dec 2023, 3:30pm</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>Our Offsite Quick Cheque Deposit service will be discontinued on 29 Dec 2023.</p> <p>The last collection of cheques will be on <strong>29 Dec 2023 at 3:30pm.</strong></p> <p>Your cheque deposit and other banking needs will continue to be served by the nearest full-service branch at:</p> <p><strong>Tiong Bahru Plaza Branch<br /></strong>302 Tiong Bahru Road<br />#01-125/126 Tiong Bahru Plaza<br />Singapore 168732</p> <p>We apologise for any inconvenience caused and appreciate your kind understanding.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982790"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 November 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="notice_011123" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to Outward Remittances – Telegraphic Transfer Fees and Charges </strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />From 1 December 2023 (inclusive of this date), we will be making the following changes in respect of outward remittances via telegraphic transfer, which are requested through OCBC Velocity (Business Internet Banking), Host-to-Host or API:<br /><br />(a) reducing the commission for Outward Remittances – Telegraphic Transfer to SGD30.00;<br /><br />(b) waiving the Commission-in-lieu-of exchange as well as Cable Charge<br /><br />for the following types of account holders:<br /><br /><br />(a) Debit from SGD Accounts;<br /><br />(b) Debit from Foreign Currency Account without Foreign Exchange; and<br /><br />(c) Debit from Foreign Currency Account with Foreign Exchange.<br /><br /><br />Please refer to the table below.<br /><br />For the avoidance of doubt, there are no changes to:<br /><br />(a) the Cable Charge for branch / manual instruction;<br /><br />(b) the Agent Fee for all types of account holders; and<br /><br />(c) all Outward Remittances - Telegraphic Transfer fees and charges where the account holder is "Withdrawal from Foreign Currency Time Deposits".<br /><br /> <table style="border-style: solid; width: 850px;" border="1" width="435"> <tbody> <tr> <td style="width: 840.889px;" colspan="7">Telegraphic Transfer</td> </tr> <tr> <td style="width: 170.917px;" rowspan="2"> </td> <td style="width: 328.403px;" colspan="3">Current Fees/Charges</td> <td style="width: 330.458px;" colspan="3">New Fees/Charges</td> </tr> <tr> <td style="width: 328.403px;" colspan="3">(until 30 November 2023)</td> <td style="width: 330.458px;" colspan="3">(from 1 December 2023) </td> </tr> <tr> <td style="width: 170.917px;" rowspan="2">Account Holder</td> <td style="width: 109.444px;" rowspan="2">Commission</td> <td style="width: 112.458px;" rowspan="2">Commission-in-lieu of exchange<sup>1</sup></td> <td style="width: 95.3889px;">Cable Charge</td> <td style="width: 115.472px;">Commission</td> <td style="width: 103.417px;">Commission-in-lieu of exchange</td> <td style="width: 100.458px;">Cable Charge</td> </tr> <tr> <td style="width: 95.3889px;">OCBC Velocity (Business Internet Banking)</td> <td style="width: 330.458px;" colspan="3">OCBC Velocity (Business Internet Banking), Host-to-Host and API</td> </tr> <tr> <td style="width: 170.917px;">Debit from SGD Accounts</td> <td style="width: 109.444px;">Same/Third Party: 1/8% commission (min S$10, max S$100)</td> <td style="width: 112.458px;">N.A.</td> <td style="width: 95.3889px;" rowspan="3">Flat fee of S$25</td> <td style="width: 115.472px;" rowspan="3">Flat fee of S$30</td> <td style="width: 103.417px;" rowspan="3">Waived</td> <td style="width: 100.458px;" rowspan="3">Waived</td> </tr> <tr> <td style="width: 170.917px;">Debit from Foreign Currency Account without Foreign Exchange</td> <td style="width: 109.444px;">Same/Third Party: 1/8% commission (min S$10, max S$120)</td> <td style="width: 112.458px;">1/8% commission-in lieu of exchange<sup>1</sup> (min S$25, max S$120)</td> </tr> <tr> <td style="width: 170.917px;">Debit from Foreign Currency Account with Foreign Exchange</td> <td style="width: 109.444px;">Same/Third Party: 1/8% commission (min S$10, max S$100)</td> <td style="width: 112.458px;">N.A.</td> </tr> </tbody> </table> <p><em><sup>1</sup></em><em> Commission-in-lieu of exchange is applicable when there is no foreign exchange involved.</em></p> <br />Please also note that we will be amending the following pricing guides to reflect the above changes and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/payment-collection-transactions/fees-and-charges">Help & Support - Fees & Charges | OCBC Business Banking SG</a> from 1 December 2023:<br /><br />Business Banking Pricing Guide<br />Corporate & Institutional Banking Pricing Guide<br />Foreign Business Account Pricing Guide<br /><br />Thank you for banking with us.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982806"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">17 October 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="notice_171023" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Discontinuation of EUR Demand Draft Issuance with effect from 18 November 2023</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect from 18 November 2023, we will no longer offer EUR demand draft issuance. Please pay via other alternatives such as telegraphic transfer.</p> <p>Please remind your beneficiaries to deposit their OCBC-issued EUR demand drafts within 6 months from issuing date.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982819"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">31 July 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="revision-of-coin-charges-31072023" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of coins charges</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>We will be revising the charges for coin deposit/withdrawal and exchange services which are performed at Teller Counter at our branches from 1 September 2023 (inclusive of this date).</p> <table border="1"> <tbody> <tr> <td width="162"> <p><strong>Description</strong></p> </td> <td width="217"> <p><strong>Current Charges</strong></p> <p><strong>(until 31 August 2023) </strong></p> </td> <td width="231"> <p><strong>New Charges <br />(from 1 September 2023)</strong></p> </td> </tr> <tr> <td width="162"> <p>Coin Deposit</p> </td> <td width="217"> <p>S$1.50 for every 100 coins deposited or part thereof</p> </td> <td width="231"> <p>S$2.00 for every 100 coins deposited or part thereof</p> </td> </tr> <tr> <td width="162"> <p>Coin Withdrawal</p> </td> <td width="217"> <p>S$1.50 for every S$50 withdrawn or part thereof</p> </td> <td width="231"> <p>S$2.00 for every S$50 withdrawn or part thereof</p> </td> </tr> <tr> <td width="162"> <p>Coin Exchange</p> </td> <td width="217"> <p>S$1.50 for every S$50 exchanged or part thereof</p> </td> <td width="231"> <p>S$2.00 for every S$50 exchanged or part thereof</p> </td> </tr> </tbody> </table> <p>Please also note that we will be amending the following pricing guides to reflect the above changes and the amended versions of the same will be available at <a href="https://www.ocbc.com/business-banking/help-and-support/payment-collection-transactions/fees-and-charges">Help & Support - Fees & Charges | OCBC Business Banking SG</a> from 1 September 2023:</p> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate & Institutional Banking Pricing Guide</li> <li>Foreign Business Account Pricing Guide</li> </ul> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982820"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">24 July 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="biz-acc-tnc-240723" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 1 September 2023</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>The OCBC Business Account Terms and Conditions will be amended with effect from 1 September 2023.<br />The amendments can be found in the following:</p> <div style="padding-left: 30px;"><br />(i)Singapore Local Addendum:<br />    Clauses 1.3, 3.3, 5.1<br /><br />(ii)Singapore Product Addendum:<br />    Clauses 8.16, 9.24, 11.11, 11.13, 11.14, 12.11, 13.0 - 13.9, 14.1<br /><br /></div> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Sep23.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1Sep23.pdf</a> from 1 August 2023.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982821"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">30 May 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="SGD_Cheque_Book_and_SGD_Cheque_Pricing_change-300523" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>SGD Cheque Book and SGD Cheque Pricing changes from 3 July 2023</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>In line with Singapore’s Smart Nation vision to be cheque-free, we will be implementing the following SGD cheque related changes from 3 July 2023.</p> <ul> <li>Implementation of SGD Cheque Deposit Fee of SGD 0.75/cheque</li> <li>Implementation of SGD Cheque Book Issuance Fee of SGD 25/cheque book for: <ul> <li>Newly opened Business Growth Account, Business Entrepreneur Account Plus and Business Foreign Account accounts (from first cheque book onwards)</li> <li>Existing Business Entrepreneur Account Plus and Business Foreign Account accounts (for subsequent cheque books)</li> </ul> </li> <li>Cessation of auto cheque book issuance for newly opened Business Growth Account, Business Entrepreneur Account Plus and Business Foreign Account accounts. <span>Customers may request for cheque book by contacting our Business Banking Service Managers at +65 6538 1111, or submitting a Request for Corporate Cheque Book form, a copy of which is available at </span><a href="http://www.ocbc.com/business-banking/Forms.html">http://www.ocbc.com/business-banking/Forms.html</a> under the Account Activities category.</li> </ul> <p>Note: For existing Business Growth Account, Business Entrepreneur Account Plus and Business Foreign Account accounts, subsequent cheque book will be auto issued when your existing cheque book is about to be used up and is chargeable at SGD 25/cheque book. If you would like to cease auto cheque book issuance for your existing accounts, please submit a <span>Request for Corporate Cheque Book form</span> (indicate under the OTHER REQUEST section) before 3 July 2023. Otherwise, you are deemed to have consented to auto-issuance of subsequent cheque books at a charge of SGD 25/cheque book.</p> <p>We encourage you to adopt electronic payment methods such as GIRO, FAST and Paynow.</p> <p>Please also note that we will be amending our pricing guides to reflect the above changes.</p> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate & Institutional Banking Pricing Guide</li> <li>Foreign Business Account Pricing Guide</li> </ul></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1682561930704"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">28 April 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="Hardcopy-Account-Statements-to-be-stopped-after-May-2023" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Hardcopy Account Statements to be stopped after May 2023</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,<br /><br />As part of the Bank’s effort to go paperless, you can now download your<br />e-Statement from Velocity. We will stop sending hardcopy month end account<br />statements to clients on Standard and Classic Velocity Service Packages after the<br />May 2023 month end statement. To learn more about corporate eStatement, please<br />visit: <a href="https://www.ocbc.com/business-banking/help-and-support/account-details/e-statements">www.ocbc.com/business-banking/help-and-support/account-details/e-statements</a></p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1680483341183"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">14 April 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="Discontinuation-of-Offsite-Quick Cheque-Deposit-Box-Service-at-Esso-Ang-Mo-Kio" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Discontinuation of Offsite Quick Cheque Deposit Box Service at Esso Ang Mo Kio on 30 May 2023, 3:30pm</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>With the closure of the Esso petrol station at 3551 Ang Mo Kio Ave 3, our Offsite Quick Cheque Deposit service will be discontinued.</p> <p>The last collection of cheques will be on <strong>30 May 2023 at 3:30pm.</strong></p> <p>Your cheque deposit and other banking needs will continue to be served by the nearest full-service branch at:</p> <p><strong>Ang Mo Kio Central Branch</strong></p> <p>53 Ang Mo Kio Ave 3</p> <p>#B1-32/33 AMK Hub</p> <p>Singapore 569933</p> <p>We apologise for any inconvenience caused and appreciate your kind understanding.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1677076033308"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 March 2023</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="revisions-ocbc-business-account-tncs-from-1apr2023" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions from 1 April 2023</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>The OCBC Business Account Terms and Conditions will be amended with effect from 1 April 2023.</p> <p>The amendments can be found in Section A: General Terms and Conditions:</p> <ul class="list-bullet"> <li>New Clauses 9.8A, 10.4A, 15.25</li> <li>Amended Clauses 10.8, 14.1, 15.12</li> </ul> <p>Section C: Definitions and Interpretation:</p> <ul> <li>Amended Clauses 1.1</li> </ul> <p>Singapore Local Addendum:</p> <ul> <li>Removed Clauses 5.8 to 5.10</li> <li>Amended Clauses 6.1</li> </ul> <p>Singapore Product Addendum:</p> <ul> <li>Amended Clauses 1.2, 15.1</li> <li>New Clauses 14.0 – 14.9</li> </ul> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1april23.pdf">https://www.ocbc.com/iwov-resources/sg/ocbc/business/PDF/business_account_terms_and_conditions_effective1april23.pdf</a> from 1 March 2023.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1670463332722"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">15 December 2022</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="gstratechange" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>GST Rate Change for 2023 & 2024</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Customers,</p> <p>In the Singapore Budget 2022, the Minister for Finance announced that the GST rate will be increased from:</p> <ol> <li>7% to 8% with effect from 1 January 2023; and</li> <li>8% to 9% with effective 1 January 2024.</li> </ol> <p>Please refer to the table below which sets out the existing and new fees and charges, for 3 of our products and services which are affected by these changes:</p> <table style="width: 866px;" border="1" width="866"> <tbody> <tr> <td style="width: 214.427px;"> <p><strong>Products/Services</strong></p> </td> <td style="width: 190.382px;"> <p><strong> </strong></p> </td> <td style="width: 441.91px;"> <p><strong>Charges</strong></p> </td> </tr> <tr> <td style="width: 214.427px;" rowspan="3"> <p>Cheque Image Retrieval</p> </td> <td style="width: 190.382px;"> <p>Existing charges until 31 December 2022 (inclusive of this date)</p> <p> </p> </td> <td style="width: 441.91px;"> <p>S$21.40 (inclusive of GST) for retrievals of cheques cleared less than 1 year ago.</p> <p>S$32.10 (inclusive of GST) for retrievals of cheques cleared between 1 to 3 years ago.</p> <p>S$53.50 (inclusive of GST) for retrievals of cheques cleared more than 3 years ago.</p> <p> </p> </td> </tr> <tr> <td style="width: 190.382px;"> <p>New charges with effect from (“wef”) 1 January 2023</p> <p> </p> </td> <td style="width: 441.91px;"> <p>S$21.60 (inclusive of GST) for retrievals of cheques cleared less than 1 year ago.</p> <p>S$32.40 (inclusive of GST) for retrievals of cheques cleared between 1 to 3 years ago.</p> <p>S$54.00 (inclusive of GST) for retrievals of cheques cleared more than 3 years ago.</p> </td> </tr> <tr> <td style="width: 190.382px;"> <p>New charges wef 1 January 2024</p> </td> <td style="width: 441.91px;"> <p>S$21.80 (inclusive of GST) for retrievals of cheques cleared less than 1 year ago.</p> <p>S$32.70 (inclusive of GST) for retrievals of cheques cleared between 1 to 3 years ago.</p> <p>S$54.50 (inclusive of GST) for retrievals of cheques cleared more than 3 years ago.</p> <p> </p> </td> </tr> <tr> <td style="width: 214.427px;" rowspan="3"> <p>Document / Statement Retrieval Charges (for each monthly Statement)</p> </td> <td style="width: 190.382px;"> <p>Existing charges until 31 December 2022 (inclusive of this date)</p> <p> </p> <p> </p> </td> <td style="width: 441.91px;"> <p>Borrowing Customer</p> <p>Free for the current and previous month (statement only)</p> <p>S$21.40 (inclusive of GST) for retrievals of less than 1 year ago.</p> <p>S$32.10 (inclusive of GST) for retrievals between 1 to 3 years ago.</p> <p>S$53.50 (inclusive of GST) for retrievals of more than 3 years ago.</p> <p> </p> </td> </tr> <tr> <td style="width: 190.382px;"> <p>New charges wef 1 January 2023</p> </td> <td style="width: 441.91px;"> <p>Borrowing Customer</p> <p>Free for the current and previous month (statement only)</p> <p>S$21.60 (inclusive of GST) for retrievals of less than 1 year ago.</p> <p>S$32.40 (inclusive of GST) for retrievals between 1 to 3 years ago.</p> <p>S$54.00 (inclusive of GST) for retrievals of more than 3 years ago.</p> <p> </p> </td> </tr> <tr> <td style="width: 190.382px;"> <p>New charges wef 1 January 2024</p> </td> <td style="width: 441.91px;"> <p>Borrowing Customer</p> <p>Free for the current and previous month (statement only)</p> <p>S$21.80 (inclusive of GST) for retrievals of less than 1 year ago.</p> <p>S$32.70 (inclusive of GST) for retrievals between 1 to 3 years ago.</p> <p>S$54.50 (inclusive of GST) for retrievals of more than 3 years ago.</p> <p>.</p> </td> </tr> </tbody> </table> <p> </p> <p> </p> <p> </p> <table style="width: 861px;" border="1" width="861"> <tbody> <tr> <td style="width: 213.42px;"> <p><strong>Products/Services</strong></p> </td> <td style="width: 191.389px;"> <p><strong> </strong></p> </td> <td style="width: 436.91px;"> <p><strong>Charges</strong></p> </td> </tr> <tr> <td style="width: 213.42px;" rowspan="3"> <p><strong>Letter of Reference/Foreign Endorsement</strong><br />(loan-related)</p> </td> <td style="width: 191.389px;"> <p>Existing charges until 31 December 2022 (inclusive of this date)</p> <p> </p> </td> <td style="width: 436.91px;"> <p>S$32.10 per letter (inclusive of GST)</p> </td> </tr> <tr> <td style="width: 191.389px;"> <p>New charges wef 1 January 2023</p> <p> </p> </td> <td style="width: 436.91px;"> <p>S$32.40 per letter (inclusive of GST)</p> </td> </tr> <tr> <td style="width: 191.389px;"> <p>New charges wef 1 January 2024</p> <p> </p> </td> <td style="width: 436.91px;"> <p>S$32.70 per letter (inclusive of GST)</p> </td> </tr> </tbody> </table> <p>Please also note that we will be amending the following documents to reflect the new fees and charges which are set out in the table above:</p> <ul> <li>Business Banking Pricing Guide</li> <li>Corporate & Institutional Banking Pricing Guide</li> <li>Foreign Business Account Pricing Guide</li> </ul> <p> For more information on the GST rate increase, please refer to IRAS’s website (<a href="https://www.iras.gov.sg">https://www.iras.gov.sg</a>).<br /><br /></p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1665167383616"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">12 October 2022</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_aml_cft_sanction_notice_corporate" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>OCBC Anti-Money Laundering / Countering the Financing of Terrorism & Sanction Notice </strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />As a global financial hub, Singapore is exposed to money laundering, terrorist financing and proliferation financing (collectively, Financial Crime) risks. The potential social and economic damage brought by these illicit activities to Singapore and the international financial markets is immense and severe. This is because such activities may involve drug dealings, illegal arms dealings, extortion, kidnapping, corruption, tax evasion, unlicensed money lending, terrorism activities and other serious crimes. These will not only lead to an increase in crime, but also bring harm to legitimate businesses.<br /><br />OCBC Group – i.e. OCBC Bank and its subsidiaries, branches in and outside Singapore – are committed to complying with the sanctions laws and regulations issued by the Singapore Government including the Monetary Authority of Singapore, the United Nations Security Council, the European Union, United States Treasury Department’s Office of Foreign Assets Control and the United Kingdom’s Office of Financial Sanctions Implementation of HM Treasury as well as the applicable laws and regulations of the jurisdictions in which we operate. OCBC Group does not establish business relationships or transact with sanctioned individuals, entities, sanctioned countries or territories (such as North Korea, Iran, Syria, Cuba, Crimea, Donetsk, Luhansk, Kherson and Zaporizhzhia)<sup>1</sup> , where such relationships or transactions are non-compliant with the above sanctions laws and regulations, or are against the OCBC Group’s internal AML/CFT and sanctions risk policies.<br /><br />This means that we will proactively take measures to combat financial crime in order to safeguard the Group as well as our customers’ business reputation, assets and interests. Such measures may include:<br /><br />• Monitoring and analysing your account activities; <br />• Contacting you for additional information as and when necessary, where such information is not available from our monitoring and analysis, to ensure compliance with applicable laws, regulations and policies; <br />• Rejecting or blocking transactions that are not permitted by the applicable laws, regulations and policies; and <br />• Suspending or imposing any conditions on the access or operations of your account or services provided to you, or restricting the channels available to access or operate your accounts<br /><br />We seek your cooperation and support should you receive such enquiries from us.<br /><br />Together, we can safeguard the health and integrity of our financial system and also protect your interests and assets.<br /><br />Thank you for banking with us. We look forward to serving you again.<br /><br /> <h6><sup>1</sup>This includes the use of OCBC’s electronic services (including electronic banking channels and/or platforms) from the sanctioned countries and territories.</h6></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1663633863479"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 October 2022</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="bdcrebates-wef1nov22" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”) with effect from 1 November 2022 </strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>Effective 1 November 2022, there will be revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”).</p> <p>Under The Programme, cardholders will now enjoy up to 1% rebate on their everyday business spend:</p> <ol> <li>0.2% base rebate on all Base Transactions; and</li> <li>0.8% bonus rebate on Business Travel, E-commerce Business and E-commerce Retail transactions, in addition to the 0.2% base rebate.</li> </ol> <p>For a revised copy of the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme, visit the OCBC website > Business Banking > SMEs > Transactions > Transfers in Singapore dollars > Scroll down to Business Debit Card.<br /><br />If you require more information, please contact our hotline at 1800 363 3333. <br /><br /></p> <p>Thank you for banking with OCBC.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1663633863475"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 October 2022</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="businessforeignchfeurfees-wef1nov22" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of Fees for CHF and EUR Business Accounts from 1 November 2022</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect from 1 November 2022, there will be a revision to the service charge for CHF and EUR Business Accounts.</p> <table class="table table-responsive-md" style="height: 224px; width: 743px;" border="0"> <tbody> <tr style="height: 36px;"> <td style="width: 152.743px; height: 36px;"> </td> <td style="width: 576.285px; height: 36px;" colspan="3"><strong>Foreign Currency Business Accounts</strong><strong><br /></strong></td> </tr> <tr style="height: 36px;"> <td style="height: 36px; width: 152.743px;"> </td> <td style="width: 175.226px;"> <p><strong>Currency</strong></p> </td> <td style="width: 196.562px;"> <p><strong>Daily Balance</strong></p> </td> <td style="width: 193.872px;"> <p><strong>Service Charge Payable<br />(In respective currency)</strong></p> </td> </tr> <tr style="height: 36px;"> <td style="vertical-align: middle; height: 76px; width: 152.743px;" rowspan="4"><strong>Service Charge</strong></td> <td style="width: 175.226px;" rowspan="2"> <p>CHF</p> </td> <td style="width: 196.562px;"> <p>CHF 25,000 and below</p> </td> <td style="width: 193.872px;"> <p>Waived</p> </td> </tr> <tr style="height: 36px;"> <td style="width: 196.562px;"> <p>Above CHF 25,000</p> </td> <td style="width: 193.872px;"> <p>Waived</p> </td> </tr> <tr> <td style="width: 175.226px;" rowspan="2"> <p>EUR</p> </td> <td style="width: 196.562px;"> <p>EUR 25,000 and below</p> </td> <td style="width: 193.872px;"> <p>Waived</p> </td> </tr> <tr> <td style="width: 196.562px;"> <p>Above EUR 25,000</p> </td> <td style="width: 193.872px;"> <p>Waived</p> </td> </tr> </tbody> </table> <p>Service charge will be calculated on daily basis and is subject to periodic revision based on market conditions.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1663633863474"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 October 2022</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="bgaminbalfees-wef1nov22" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of Fees for Business Growth Account from 1 November 2022</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect from 1 November 2022, there will be a revision to the monthly service charge for Business Growth Account as follows:</p> <br /> <table class="table table-responsive-md" style="height: 112px; width: 417px;" border="0"> <tbody> <tr style="height: 36px;"> <td style="height: 36px; width: 137.344px;"> </td> <td style="height: 36px; width: 265.694px;"><strong>Business Growth Account</strong></td> </tr> <tr style="height: 36px;"> <td style="vertical-align: middle; height: 76px; width: 137.344px;">Service Charge</td> <td style="vertical-align: middle; height: 76px; width: 265.694px;">S$15 per month if monthly average balance falls below S$1,000</td> </tr> </tbody> </table> <p> </p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1659316084669"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 August 2022</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="bulkcashfees-wef1aug22" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Express Bulk Cash Deposit New Cut-off Time</strong></h5> </div> <div class="accordion__item__content"><p>Dear Express Bulk Cash Deposit Customers,</p> <p>We are revising the daily cut-off time for the deliverance of security bags with effect from <strong>15 August 2022.</strong></p> <table class="table table-responsive-md" style="height: 429px; width: 580px;" border="0"> <tbody> <tr style="height: 36px;"> <td style="height: 36px; width: 182.297px;"><strong>Branches</strong></td> <td style="height: 36px; width: 186.328px;"><strong>Current Cut-off Time</strong></td> <td style="height: 36px; width: 189.375px;"><strong>New Cut-off Time</strong></td> </tr> <tr style="height: 76px;"> <td style="height: 76px; width: 182.297px; vertical-align: top;"> <ul> <li>Ang Mo Kio Central</li> <li>Bedok</li> <li>Causeway Point</li> <li>Choa Chu Kang</li> <li>Clementi</li> <li>Compass One</li> <li>Harbourfront</li> <li>Hougang Mall</li> <li>ION Orchard</li> <li>Jurong East</li> <li>Jurong Point</li> <li>Marine Parade</li> <li>NEX</li> <li>Northpoint</li> <li>Orchardgateway</li> <li>Tampines</li> <li>Toa Payoh Central</li> <li>Waterway Point</li> </ul> </td> <td style="height: 76px; width: 186.328px; vertical-align: top;">6pm (Mon - Sun)<br />After 6pm, the cash will be counted and credited on the next working day.</td> <td style="height: 76px; width: 189.375px; vertical-align: top;">5pm (Mon - Sun)<br />After 5pm, the cash will be counted and credited on the next working day.</td> </tr> <tr style="height: 36px;"> <td style="height: 126px; width: 182.297px; vertical-align: top;" rowspan="2"> <ul> <li>Bishan</li> <li>City Square Mall</li> <li>Holland Village</li> <li>Paya Lebar Square</li> <li>United Square</li> <li>White Sands</li> </ul> </td> <td style="height: 36px; width: 186.328px; vertical-align: top;">6pm (Mon - Sun)<br />After 6pm, the cash will be counted and credited on the next working day.</td> <td style="vertical-align: top; height: 36px; width: 189.375px;">5pm (Mon - Sun)<br />After 5pm, the cash will be counted and credited on the next working day.</td> </tr> <tr style="height: 90px;"> <td style="width: 186.328px; height: 90px; vertical-align: top;">1.30pm (Sat)<br />After 1.30pm, the cash will be counted and credited on the next working day.</td> <td style="vertical-align: top; width: 189.375px; height: 90px;">No change</td> </tr> <tr style="height: 78px;"> <td style="vertical-align: middle; height: 191px; width: 182.297px;" rowspan="2"> <ul> <li>Bukit Batok</li> <li>Bukit Panjang</li> <li>North</li> <li>OCBC Centre</li> <li>Serangoon Garden</li> <li>Sixth Avenue</li> <li>Thomson</li> </ul> </td> <td style="height: 78px; width: 186.328px; vertical-align: top;">4pm (Mon - Sun)<br />After 4pm, the cash will be counted and credited on the next working day.</td> <td style="vertical-align: top; height: 78px; width: 189.375px;">No change</td> </tr> <tr style="height: 113px;"> <td style="width: 186.328px; height: 113px; vertical-align: top;">11.30am (Sat)<br />After 11.30am, the cash will be counted and credited on the next working day.</td> <td style="vertical-align: top; width: 189.375px; height: 113px;">No change</td> </tr> </tbody> </table> <p>We apologise for any inconvenience caused and appreciate your kind understanding.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1653998686268"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 July 2022</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="businessforeignaccountfees-wef1aug22" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of Fees for Business Foreign Accounts from 1 August 2022</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect from 1 August 2022, there will be a revision to the monthly account fee and monthly service charge for Business Foreign Accounts – SGD Chequing Account and Multi-Currency Business Account as follows:</p> <table class="table table-responsive-md" style="height: 264px; width: 494px;" border="0"> <tbody> <tr style="height: 36px;"> <td style="height: 36px; width: 67.1458px;"> </td> <td style="height: 36px; width: 194.396px;"><strong>SGD Chequing Account</strong></td> <td style="height: 36px; width: 210.458px;"><strong>Multi-Currency Business Account</strong></td> </tr> <tr style="height: 36px;"> <td style="vertical-align: middle; height: 76px; width: 67.1458px;">Monthly Account Fee</td> <td style="vertical-align: middle; height: 36px; width: 194.396px;">S$50 per month per account.<br /><br />Waived for first 2 months.</td> <td style="vertical-align: middle; height: 36px; width: 210.458px;">US$50 per month per account.<br /><br />Waived for first 2 months.</td> </tr> <tr style="height: 36px;"> <td style="vertical-align: middle; height: 76px; width: 67.1458px;">Monthly Service Fee</td> <td style="height: 36px; width: 194.396px;">S$200 per month if monthly average falls below S$30,000.<br /><br />Waived for first 2 month</td> <td style="vertical-align: middle; height: 36px; width: 210.458px;">US$200 per month if monthly average balance falls below US$30,000.<br /><br />Monthly average balance is determined based on aggregated balances across all currencies in one account.<br /><br />Waived for first 2 months.</td> </tr> </tbody> </table> <p>Visit <a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-foreign-accounts-pricing-guide">https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-foreign-accounts-pricing-guide</a> for more information.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1652196006604"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">13 May 2022</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="notice-Discontinuation-MEPSNETS-Service-130522" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Service Fee for Cash Withdrawal at non-OCBC ATMs in Malaysia</strong></h5> </div> <div class="accordion__item__content"><p>With effect from 15 May 2022, there will be a change in service fee charged for cash withdrawal performed at non-OCBC ATMs in Malaysia. For cash withdrawals performed in Malaysia using OCBC Corporate ATM Card and Business Debit Card, below fees will apply:</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td style="width: 177.781px;">At OCBC Malaysia ATMs</td> <td style="width: 472.219px;">Free</td> </tr> <tr> <td style="width: 177.781px;"> <p>At other Malaysia ATMs that accept:<br />VISA/Mastercard</p> </td> <td style="width: 472.219px;"> <ul> <li>Nominal 3% service charge on the S$ equivalent of the amount withdrawn (minimum S$5 and maximum S$20 per transaction)</li> <li>Administrative fee of 2.25% of the foreign currency transaction^</li> <li>Additional service fee, which may vary from bank to bank, may be imposed by the ATM bank</li> </ul> </td> </tr> </tbody> </table> <p>^Foreign currency transactions are converted to local currency based on the rate determined by the respective card associations. Cost incurred by the Bank due to this currency conversion, together with the administrative fee, will be debited to your account as part of the foreign currency transaction.<br /><br /></p> <p>The change in service fee for cash withdrawal performed at non-OCBC ATMs in Malaysia is due to the discontinuation of MEPS-NETS service. More details on the discontinuation of the MEPS-NETS service are available at <a href="https://www.ocbc.com/personal-banking/help-and-support/atms/general#meps-discontinuation-wef15may22">https://www.ocbc.com/personal-banking/help-and-support/atms/general#meps-discontinuation-wef15may22</a>.<br /><br /></p> <p>Thank you for banking with OCBC.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1645637796140"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">03 March 2022</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="best-execution-policy" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Implementation of Best Execution Policy from 3 March 2022</strong></h5> </div> <div class="accordion__item__content"><p>With effect from 3 March 2022, we will be implementing written policies and procedures in respect of our placement and/or execution of customers’ orders on the best available terms (commonly referred to as “Best Execution”). For more details, please refer to the “Best Execution Policy” document that will be made available on <a href="https://www.ocbc.com/group/policies">https://www.ocbc.com/group/policies</a>.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632829019528"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 December 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="revisions-ocbc-business-account-tncs-from-1jan2022" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions from 1 January 2022</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>With effect from 1 January 2022, the OCBC Business Account Terms and Conditions will be amended.</p> <p>The amendments can be found in the Singapore Product Addendum:</p> <ul class="list-bullet"> <li>New Clauses 11.14 to 11.16</li> </ul> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on <a rel="noopener" href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/business_account_terms_and_conditions.pdf" target="_blank">https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/business_account_terms_and_conditions.pdf</a> from 1 December 2021.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828985156"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 November 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="bizaccount-tncs-revision-wef8nov21" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions from 8 November 2021</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer, </p> <p>With effect from 8 November 2021, there will be revisions to the OCBC Business Account Terms and Conditions.</p> <p>The revisions can be found in the Singapore Product Addendum: </p> <ul class="list-bullet"> <li>New Clause 12</li> </ul> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on<span> </span><a rel="noopener" href="https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/business_account_terms_and_conditions.pdf" target="_blank">https://www.ocbc.com/iwov-resources/sg/ocbc/business/pdf/business_account_terms_and_conditions.pdf</a><span> </span>from 8 November 2021.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828985068"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">29 October 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="digital-business-dashboard-discontinued-291021" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>The Digital Business Dashboard will be discontinued on 29 November 2021</strong></h5> </div> <div class="accordion__item__content"><p><strong>Digital Business Dashboard Frequently Asked Questions</strong></p> <p>If you have registered and been using the Digital Business Dashboard before 29th November 2021, please take note of the following.</p> <p><strong>GENERAL</strong></p> <p><strong>1. What has changed?</strong></p> <p>The Digital Business Dashboard will no longer be available effective from 29th November 2021. Consequently, from 29th November 2021, you will no longer be able to access the Digital Business Dashboard through the display link from Velocity that is current found on the top right-hand corner as depicted below.</p> <img style="max-width: 100%;" src="/iwov-resources/sg/ocbc/business/img/notices/screen_dbd-dashboard.png" alt="" /> <p><strong>2. Is there any impact to my data that was previously reflected on the Digital Business Dashboard?</strong></p> <p>No. The Digital Business Dashboard is a dashboard that draws data from the online business applications provided by your relevant service providers that you already use and have.</p> <p>Your respective metrics (Tiles) data from your respective online business applications will not be affected. You can still access the data from your respective applications.</p> <p><strong>3. What will happen to the other apps that I have purchased online previously?</strong></p> <p>The subscriptions for the other third party applications and services you may have connected or purchased through the Digital Business Dashboard will still be active and unaffected. You may still be able to login directly through the respective platforms and/or applications provided by the relevant third party service providers.</p> <p><strong>4. Is there any cost to me now that the Digital Business Dashboard is no longer available?</strong></p> <p>No. The Digital Business Dashboard was provided free of charge, and there is similarly no charge now that the dashboard is no longer available.</p> <p><strong>5. What happens to my data previously displayed on the Digital Business Dashboard?</strong></p> <p>The data that is generated, collected and/ or processed by the online business applications provided by the relevant third-party service providers (as made available through Digital Business Dashboard) will continue to be stored and processed by them, in accordance with their relevant terms and conditions and privacy policies. Please refer to them directly for more details.</p> <p>Your banking data (including without limitation, data relating to your accounts and the services and/or products provided by OCBC to you) will only be retained on the Digital Business Dashboard for a limited duration to ensure a smooth transition before it is deleted and removed from the Digital Business Dashboard. Your banking data will continue to remain available in Velocity.</p> <p><strong>6. Do I need to terminate the connections from my existing apps to the business dashboard?</strong></p> <p>No. There is no action required on your end and you would still be able to access your respective online business applications from the platforms and/or applications provided by the relevant third party service providers.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828981171"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">14 October 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="ocbc-bizbanking-centre-branch" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Our Business Banking Desk at OCBC Centre Branch will only be available from Monday to Friday</strong></h5> </div> <div class="accordion__item__content"><p>With effect from 4 December 2021, our business banking desk at OCBC Centre branch is available from Monday to Friday, 9.00am to 4.30pm. We are closed on Saturday, Sunday and Public Holidays.</p> <p>OCBC Centre Branch<br />65 Chulia Street #01-01<br />OCBC Centre<br />Singapore 049513</p> <p>Our <a href="/business-banking/smes/accounts/business-growth-account">business account opening service</a> remains available online 24/7. Simply scan on the QR code or search for ‘OCBC Business Account’.</p> <img style="max-width: 100%;" src="/iwov-resources/sg/ocbc/business/img/notices/qrcode-bizacctopening.png" alt="" /> <p>For other enquires, visit <a href="/business-banking">https://www.ocbc.com/business-banking</a> or contact our Business Banking Service Managers at <a href="tel:+6565381111">+65 6538 1111</a>, from Monday to Friday, 8am to 8pm.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828981175"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 October 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="servicefees-wef1oct21" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of Service Fee from 1 October 2021</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>Kindly note that we will be revising the Service Fee to Service Charge in our pricing guide.</p> <p>In addition, the Service Charge for CHF, EUR and JPY Business Accounts will be computed based on daily balance instead of monthly average balance. There are no changes to existing threshold or interest rates.</p> <table class="table table-responsive-md" border="0"> <tbody> <tr class="tr-theme"> <td style="width: 20%;" colspan="1"> </td> <td style="width: 80%; border-top: 0;" colspan="3"><strong>Foreign Currency Business Accounts</strong></td> </tr> <tr> <td style="vertical-align: middle;" colspan="1" rowspan="7" valign="center"><strong>Service Charge</strong></td> <td colspan="1"><strong>Currency</strong></td> <td colspan="1"><strong>Daily balance</strong></td> <td colspan="1"><strong>Service charge payable<br />(in respective currency)</strong></td> </tr> <tr> <td style="vertical-align: middle;" colspan="1" rowspan="2">CHF</td> <td style="vertical-align: middle;" colspan="1">CHF 25,000 and below</td> <td style="vertical-align: middle;" colspan="1">Waived</td> </tr> <tr> <td style="vertical-align: middle;" colspan="1">Above CHF 25,000</td> <td colspan="1">2.5% p.a. for a daily balance<sup>*</sup> in excess of CHF 25,000</td> </tr> <tr> <td style="vertical-align: middle;" colspan="1" rowspan="2">EUR</td> <td colspan="1">EUR 25,000 and below</td> <td style="vertical-align: middle;" colspan="1">Waived</td> </tr> <tr> <td style="vertical-align: middle;" colspan="1">Above EUR 25,000</td> <td colspan="1">0.75% p.a. for a daily balance<sup>*</sup> in excess of EUR 25,000</td> </tr> <tr> <td style="vertical-align: middle;" colspan="1" rowspan="2">JPY</td> <td colspan="1">JPY 3,000,000 and below</td> <td style="vertical-align: middle;" colspan="1">Waived</td> </tr> <tr> <td style="vertical-align: middle;" colspan="1">Above JPY 3,000,000</td> <td style="border-right: 1px solid #dee2e6;" colspan="1">0.5% p.a. for a daily balance<sup>*</sup> in excess of JPY 3,000,000</td> </tr> </tbody> </table> <p><sup>*</sup>Service charge will be calculated on daily basis, and is subject to periodic revision based on market conditions.</p> <p>Thank you for banking with us.</p></div> </li> <li id="hardwaretokenpricing-wef1oct21" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Revision of Hardware token pricing from 1 October 2021</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect from 1 Oct 2021, the hardware token fee will be revised from $20 to $50. Customers are encouraged to switch to digital token (OCBC OneToken).</p> <p>Please complete the <a href="/iwov-resources/sg/ocbc/business/pdf/forms/ebanking/velocity-apply-manage-form.pdf">Apply and Manage OCBC Velocity Form</a> and submit it through one of these options</p> <ul class="list-bullet"> <li>Email: Use the email address linked to your OCBC Business Account to email us at <a href="mailto:bizupdate@ocbc.com">bizupdate@ocbc.com</a></li> <li>Mail: The address can be found on the Form.</li> <li>Any OCBC Bank branch (except FRANK Stores and Premier Banking Centres)</li> </ul></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828981176"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 June 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="tpycentral-bizbankingdesk-closure-wef1jun21" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Toa Payoh Central Business Banking Desk will be permanently closed from 1 June 2021</strong></h5> </div> <div class="accordion__item__content"><p>We wish to inform you that Toa Payoh Central Business Banking Desk will be permanently closed from 1 June 2021.</p> <p>To open a new business account, simply apply <a rel="noopener" href="https://openbizaccount.ocbc.com/obao/" target="_blank">online</a>.</p> <p>Our Business Banking Desk services are available at:</p> <p><strong>OCBC Centre Branch</strong></p> <p>65 Chulia Street #01-01<br />OCBC Centre<br />Singapore 049513</p> <p>Operating Hours<br />Mon-Fri: 9.00am to 4.30pm<br />Sat: 9.00am to 11.30am<br />Sundays and Public Holidays: Closed</p> <p>Please contact our Business Banking Service Managers at <a href="tel:+6565381111">+65 6538 1111</a> if you have further queries. Our hotline is open from Mondays to Fridays, 8am to 8pm.</p> <p>Thank you.</p></div> </li> <li id="bizaccounttncs-wef1jun21" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions from 1 June 2021</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>With effect from 1 June 2021, there will be revisions to the OCBC Business Account Terms and Conditions.</p> <p>The revisions can be found in the Singapore Local Addendum:</p> <ul class="list-bullet"> <li>New Clause 5.8</li> <li>New Clause 5.9</li> <li>New Clause 5.10</li> </ul> <p>The revised version of the OCBC Business Account Terms and Conditions will be available on <a href="https://www.ocbc.com/business-banking/Forms.html">https://www.ocbc.com/business-banking/Forms.html</a> from 1 June 2021.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828981221"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 May 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="tradetncs-wef1may21" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of terms and conditions for trade finance applications with effect from 1 May 2021 </strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>Effective <strong>1 May 2021</strong>, we will be revising the terms and conditions for trade finance applications.</p> <p>Please download the latest application forms with the revised terms and conditions from <a href="https://www.ocbc.com/business-banking/help-and-support/trade">https://www.ocbc.com/business-banking/help-and-support/trade</a>, starting 1 May 2021.</p> <p>Do note that old application forms will no longer be accepted after 30 June 2021.</p> <p>Please contact our Trade Finance service staff through the Trade Hotline at <a href="tel:+6563187777">(65) 6318 7777</a> if you have further queries.</p> <p>Thank you for banking with us. We look forward to your continued support.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828981180"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">22 April 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web-notice-revision-tcs-ocbc-business-debit-card-rebates-programme" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”) with effect from 1 April 2021</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,<br /><br />Effective <strong>1 April 2021</strong>, there will be revisions to the Terms and Conditions Governing OCBC Business<br />Debit Card Rebates Programme (“The Programme”). The revisions are as follows:</p> <p>Under <strong>Clause 3: Other Conditions</strong></p> <table style="border-collapse: collapse; width: 65%; height: 36px;" border="1"> <tbody> <tr style="height: 36px;"> <td style="width: 100%; height: 36px;">Clause 3(d) will be revised to expand on the list of excluded transactions, along with their<br />Merchant Category Code and Description</td> </tr> </tbody> </table> <p><br />The revised copy of the Terms and Conditions Governing OCBC Business Debit Card Rebates<br />Programme (“The Programme”) can be found at <a href="bit.ly/BDCApr21">bit.ly/BDCApr21</a>.<br /><br />If you require more information, please contact our hotline at <a href="tel:18003633333"></a><br />Thank you for banking with OCBC.</p></div> </li> <li id="free-bizdepositcard-extension" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Free Business Deposit Card Issuance extended till 30 June 2022</strong></h5> </div> <div class="accordion__item__content"><p>Dear Corporate Customers,</p> <p>We encourage you to transact digitally with OCBC, we will be extending our current promotion of free business deposit card issuance till 30 June 2022, e.g., waiving the card issuance fee for each business deposit card issued.</p> <p><strong>Business Deposit Card</strong></p> <table class="table table-responsive-md" border="0"> <tbody> <tr class="tr-theme"> <td align="center"><strong>Description</strong></td> <td align="center"><strong>Card Issuance/Replacement Charges</strong></td> </tr> <tr> <td align="center"><strong>Card Issuance</strong></td> <td align="center">S$5 per card (Promotion extended: Free for application before 30 June 2022)</td> </tr> <tr> <td align="center"><strong>Replacement of card due to lost/stolen/ damaged card</strong></td> <td align="center">S$5 per card</td> </tr> </tbody> </table> <p><strong>Benefits of using Business Deposit Card:</strong></p> <ul class="list-tick"> <li>Skip the branch queues. Deposit cash anytime at an OCBC ATM</li> <li>No personal identification number (PIN) required</li> <li>No account balance displayed</li> <li>No need to memorise account number</li> </ul> <p>To apply, kindly visit <a rel="noopener" href="https://www.ocbc.com/business-banking/smes/transactions/business-deposit-card" target="_blank">https://www.ocbc.com/business-banking/smes/transactions/business-deposit-card</a></p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828981214"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">19 April 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="ottcablefee-revision-wef1jun21" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of Outward Remittance Telegraphic Transfer Cable Charge for Branch with effect from 1 June 2021</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>With effect <strong>from 1 June 2021</strong>, the branch cable charge fee for Outward Remittance Telegraphic Transfer will be revised as follows:</p> <p><strong>Outward Remittances</strong></p> <table class="table table-responsive-md" border="0"> <tbody> <tr class="tr-theme"> <td style="border-top: 0;" colspan="3"><strong>Telegraphic Transfer</strong></td> </tr> <tr> <td style="vertical-align: middle;" colspan="1" rowspan="2" valign="center"><strong>Account Holder</strong></td> <td colspan="2"><strong>Cable Charge</strong></td> </tr> <tr> <td>OCBC Velocity<br />(Business Internet Banking)</td> <td>Branch</td> </tr> <tr> <td><strong>All Accounts</strong></td> <td>Flat fee of S$25</td> <td>Flat fee of S$35</td> </tr> </tbody> </table> <p>Customers are encouraged to login to OCBC Velocity account to make Telegraphic Transfer transaction.</p> <p>Please feel free to approach any of our branch staff if you need further assistance on this matter. Alternatively, you can contact our Business Banking Commercial Service Centre at <a href="tel:+6565381111">+65 6538 1111</a>.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828981223"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 April 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="tncs-bizdebitcard-rebatesprogramme-wef1apr21" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme with effect from 1 April 2021</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>Effective <strong>1 April 2021</strong>, there will be revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”). The revisions are as follows:</p> <p>Under <strong>Clause 3: Other Conditions</strong></p> <table style="border-collapse: collapse; width: 98.648%;" border="1"> <tbody> <tr> <td class="table table-responsive-md">Clause 3(d) will be revised to expand on the list of excluded transactions, along with their Merchant Category Code and Description</td> </tr> </tbody> </table> <br /> <p>The revised copy of the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”) can be found at <a rel="noopener" href="https://bit.ly/BDCApr21" target="_blank">bit.ly/BDCApr21</a>.</p> <p>If you require more information, please contact our hotline at <a href="tel:1800 363 3333">1800 363 3333</a>.</p> <p>Thank you for banking with OCBC.</p></div> </li> <li id="bizforeignaccpricing-revisions-wef1apr21" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Revision of Business Foreign Account Pricing with effect from 1 April 2021 </strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>With effect from 1 April 2021, the minimum monthly average balance for Business Foreign Accounts will be revised as follows</p> <table class="table table-responsive-md" border="0"> <tbody> <tr class="tr-theme"> <td style="width: 20%;" colspan="1"> </td> <td style="width: 80%; border-top: 0;" colspan="3"><strong>Business Foreign Accounts</strong></td> </tr> <tr> <td style="vertical-align: middle;" colspan="1" rowspan="2" valign="center"><strong>Minimum Monthly Average Balance</strong></td> <td><strong>SGD Chequing Account</strong></td> <td><strong>Multi-Currency Business Account </strong></td> </tr> <tr> <td>S$30,000</td> <td>US$30,000</td> </tr> </tbody> </table> <p>Please feel free to approach any of our branch staff if you need further assistance on this matter. Alternatively, you can contact our Business Banking Commercial Service Centre at <a href="tel:+6565381111">+65 6538 1111</a>.</p> <p>Thank you for banking with us.</p></div> </li> <li id="eurbizaccount-monthlyservicefee-revisions-wef1apr21" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Revision of monthly service fee for EUR Business Accounts with effect from 1 April 2021</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>Effective 1 April 2021, the monthly service fee will be revised for EUR Business Accounts as follows:</p> <table class="table table-responsive-md" border="0"> <tbody> <tr class="tr-theme"> <td style="width: 20%;" colspan="1"> </td> <td style="width: 80%; border-top: 0;" colspan="3"><strong>EUR Business Accounts</strong></td> </tr> <tr> <td style="vertical-align: middle;" colspan="1" rowspan="3" valign="center"><strong>Monthly Service Fee</strong></td> <td><strong>Monthly average balance</strong></td> <td><strong>Service Fee</strong></td> </tr> <tr> <td>EUR 25,000 and below</td> <td>Waived</td> </tr> <tr> <td>Above EUR 25,000</td> <td>0.75% p.a. for a monthly average balance in excess of EUR 25,000</td> </tr> </tbody> </table> <p>Please feel free to approach any of our branch staff if you need further assistance on this matter. Alternatively, you can contact our Business Banking Commercial Service Centre at <a href="tel:+656538 1111">+65 6538 1111</a>.</p> <p>Thank you for banking with us.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982009"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">27 January 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="branch-web-notice-ebcd-27jan21" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Updates on Express Bulk Cash Deposit Services</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Customers,</p> <p>We wish to inform you of the following revisions:</p> <ol class="list-decimal"> <li> <p><strong>Discontinuation of Reusable Security Bags and Tags supplied by Envopak with immediate effect</strong></p> <p>The Reusable Security Bags or Tags supplied by Envopak have been discontinued with immediate effect.</p> <p>You may order the new Reusable Security Bags or Tags supplied by Tydenbrooks any time by completing the Application Form for Express Bulk Cash or Cheque Deposit and submitting the form to your Relationship Manager or Business Banking Service Manager or your preferred OCBC branch for collection of bags.</p> <p>Do take note that the Security Tags supplied by Tydenbrooks cannot be used on the Security Bags supplied by Envopak. The purchase of the new Reusable Security Bags or Tags is required for your continued use of Express Bulk Cash or Cheque Deposit service.</p> </li> <li> <p><strong>Revision of price for the purchase of OCBC Reusable Security Bag effective 1 March 2021</strong></p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Product Description</strong></td> <td><strong>Current Price</strong></td> <td><strong>Revised Price<br />(Inclusive of GST)</strong></td> </tr> <tr> <td>OCBC Reusable Security Bag Size: 305mm(W)x 405mm(L)x75mm(H)<br />Code: TNS001</td> <td>$53.00</td> <td>$56.00</td> </tr> </tbody> </table> <p>Thank you for your continued support.</p> </li> </ol></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982061"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">21 January 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="notice-bbdesk-earlyclosure-210221" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Our Business Banking Desks will be closing at 3pm on 29 January 2021 (Friday) for a company event.</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Customers,We wish to inform you that our Business Banking Desks will be closing at 3pm on 29 January 2021(Friday) for a company event.</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td>OCBC Centre Branch</td> <td>65 Chulia Street<br />#01-01<br />OCBC Centre<br />Singapore 049513</td> </tr> <tr> <td>OCBC Toa Payoh Central<br />Branch</td> <td>520 Lorong 6 Toa Payoh<br />#02-53<br />Singapore 310520</td> </tr> </tbody> </table> <p>OCBC Centre Branch’s Desk will resume the next day on 30 January 2021 (Saturday).</p> <p>Please contact our Business Banking Service Managers at <a href="tel:+656538 1111">+65 6538 1111</a> if you have further queries.<br /><br />Thank you for your continued support.</p></div> </li> <li id="notice-on-ocbc-velocity-name-change-jan21" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Renaming of Velocity@ocbc from 31 Jan 2021</strong></h5> </div> <div class="accordion__item__content">From 31 January 2021, Velocity@ocbc will be called OCBC Velocity.<br /><br />You can continue to use the functions available to you.<br /><br />There may be instances where Velocity@ocbc is still used in forms and documentation, please<br />note that this refers to OCBC Velocity.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828981879"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">05 January 2021</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_bizactnc_050121" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of OCBC Business Account Terms and Conditions from 8 February 2021</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />With effect from <strong>8 February 2021</strong>, OCBC’s Business Account Terms and<br />Conditions will be revised in connection with the OCBC PayNow Corporate Service.<br /><br />The revisions made are in relation to the direct access of eligible non-bank financial<br />institutions (NFIs) to have direct access to Fast and Secure Transfers (FAST) and<br />PayNow. You will enjoy greater flexibility with your corporate bank account to make<br />real-time funds transfers to NFI e-wallets as well as receiving money from the ewallets.<br /><br />The revision can be found in the <strong>Singapore Product Addendum, clause 8</strong>.<br /><br />The revised version of the OCBC Business Account Terms and Conditions will be<br />available on www.ocbc.com/business-banking/Forms.html <strong>from 8 February 2021</strong>.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982062"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 October 2020</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="notice-ubibbc-closure" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Ubi Business Banking Centre will close on 30 October 2020</strong></h5> </div> <div class="accordion__item__content"><p>We wish to inform you that the last day of operations for Ubi Business Banking Centre will be on 30 October 2020 at 5.30pm.</p> <p>You may visit our nearest branch, OCBC Paya Lebar Square branch, located at 60 Paya Lebar Road, #01-45, Singapore 409051, for your banking needs. Alternatively, our counter services are also available at all OCBC branches. Please see our <a href="https://www.ocbc.com/business-banking/contact-us?p=1#locator-branches">branch locator</a> for a list of our branches.</p> <p>For business account opening service, please visit any of our Business Banking Desks below. Alternatively, our <a href="https://www.ocbc.com/business-banking/accounts-and-services/sgd-accounts.html">online business account opening service</a> is available 24/7.</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td>OCBC Centre Branch</td> <td>65 Chulia Street #01-01 OCBC Centre Singapore 049513</td> </tr> <tr> <td>OCBC Toa Payoh Central Branch</td> <td>520 Lorong 6 Toa Payoh #02-53 Singapore 310520</td> </tr> </tbody> </table> <p>Please contact our Business Banking Service Managers at <a href="tel:+6565381111">+65 6538 1111</a> if you have further queries.</p> <p>Thank you for your continued support.</p></div> </li> <li id="notice-ubibbc-closure-301020" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Submission and collection of trade finance documents at Ubi Business Banking Centre will cease on 30 October 2020</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>We wish to inform you that the last operating day of the OCBC Ubi Business Banking Centre will be on <strong>30 October 2020 at 5:30pm</strong>.</p> <p><u>Submission of trade finance documents</u><br />The last submission of your trade finance documents at the Trade Document Deposit Box will be<strong> at 4pm on 30 October 2020</strong>. Trade finance documents can no longer be accepted via the Trade Document Deposit Box after this time.</p> <p><u>Collection of trade finance documents</u><br />Please arrange to collect your trade finance documents<strong> by 4pm on 30 October 2020</strong>. After this time, any uncollected trade financedocuments will need to be collected from OCBC Tampines Centre 2.</p> <p>Your submission/collection of trade finance documents will continue to be served at the following centres:</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td>OCBC Centre South</td> <td>18 Church Street #04-00 Singapore 049479</td> </tr> <tr> <td>OCBC Tampines Centre 2</td> <td>31 Tampines Ave 4 #01-00 Singapore 529680</td> </tr> </tbody> </table> <p>Please contact our Business Banking Service Managers at <a href="+6565381111">+65 6538 1111</a> if you have further queries.<br /><br />Thank you for your continued support.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982078"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 September 2020</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="free-fastpaynow-extension-31dec20" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Free FAST/PayNow transactions extended till 31 December 2020</strong></h5> </div> <div class="accordion__item__content"><p>Dear Corporate Customers,</p> <p>To reduce the need to handle physical cash or cheques especially during this difficult COVID-19 period, we encourage you to transact with us digitally on Velocity@ocbc (business internet banking) at <a rel="noopener" href="https://www.ocbc.com/velocity" target="_blank">www.ocbc.com/velocity</a> to enjoy the benefits of digital payments and make payments to PayNow registered individual/business via NRIC, mobile number or UEN. Find out how to do so at <a rel="noopener" href="https://www.ocbc.com/paynowpayments" target="_blank">www.ocbc.com/paynowpayments</a></p> <p><strong>We will be offering the promotion below.</strong></p> <p><strong>Now we are:</strong></p> <ul class="list-tick"> <li><strong>extending outgoing FAST/PayNow offer till 31 December 2020</strong></li> <li><strong>providing the number of free transactions to 50/month (Business Growth Account will continue to enjoy unlimited free FAST and GIRO transactions)</strong></li> </ul> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Promotion</strong></td> <td><strong>Promotion Period</strong></td> </tr> <tr> <td><strong>First 50 free outgoing FAST/PayNow transactions each month<sup>*</sup> via Velocity@ocbc/Business Mobile Banking</strong></td> <td>1 Jan to 31 December 2020</td> </tr> </tbody> </table> <p class="caption"><sup>*</sup> Rebates on FAST/PayNow outgoing transactions of S$0.50/per transaction will be credited to your account in the following month.</p> <p><strong>How can my company enjoy this promotion?</strong></p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>If your company</strong></td> <td><strong>What you should do</strong></td> </tr> <tr> <td>is subscribed to Velocity@ocbc transacting service package (Standard/Classic/Premium)</td> <td><a rel="noopener" href="https://velocity.ocbc.com/login.html" target="_blank">Transact now</a><br /><br /><small>Make your first FAST/PayNow outgoing transaction by 31 December 2020 to enjoy the promotion</small></td> </tr> <tr> <td>is subscribed to Velocity@ocbc non-transacting service package only, UPGRADE to transacting package service package (Standard/Classic/Premium)</td> <td><a rel="noopener" href="https://www.ocbc.com/assets/pdf/forms/ebanking/velocity-chgservicepackage-form.pdf" target="_blank">Upgrade now</a><br /><br /><small>Upgrade and make your first FAST/PayNow outgoing transaction by 31 December 2020 to enjoy the promotion</small></td> </tr> <tr> <td>is NOT subscribed to Velocity@ocbc transacting service package (Standard/Classic/Premium)</td> <td><a rel="noopener" href="https://www.ocbc.com/assets/pdf/forms/ebanking/velocity-application-form.pdf" target="_blank">Apply now</a><br /><br /><small>Apply and make your first FAST/PayNow outgoing transaction by 31 December 2020 to enjoy the promotion</small></td> </tr> </tbody> </table> <p class="caption"><strong>Terms and conditions</strong></p> <ol class="list-decimal caption"> <li>OCBC Bank reserves the right to vary these terms and conditions at any time at its absolute discretion without notice.</li> <li>OCBC Bank’s decision on all matters relating to this promotion is final and binding.</li> </ol></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982079"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 August 2020</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_bizactnc_010820" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of OCBC Business Account Terms and Conditions from 1 August 2020</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />With effect from <strong>1 August 2020</strong>, OCBC’s Business Account Terms and<br />Conditions will be revised in connection with the OCBC PayNow Corporate<br />Service and our offering of a new service, OCBC OneCollect.<br /><br />The revisions can be found in the <strong>Singapore Product Addendum</strong>:<br /><br />• Under Terms and Conditions for Registration for the OCBC PayNow<br />Corporate Service: <strong>New</strong> Clause 8.16<br />• <strong>New</strong> Terms and Conditions Governing OCBC OneCollect: <strong>New</strong> Clause 11<br /><br />The revised version of the OCBC Business Account Terms and Conditions can<br />be downloaded from <a href="http://www.ocbc.com/business-banking/Forms.html">www.ocbc.com/business-banking/Forms.html</a> <strong>from 1 July</strong><br /><strong>2020</strong>.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982110"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 June 2020</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="revisions-tnc-ocbc-business-debit-card-rebates-programme-010620" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”) with effect from 1 June 2020</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>Effective <strong>1 June 2020</strong>, there will be revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”). The revisions are:</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Under Clause 3: Other Conditions</strong></td> </tr> <tr> <td>Clause 3(d) will be revised to expand on the list of excluded transactions, along with their Merchant Category Code and Description</td> </tr> </tbody> </table> <p>The revised copy of the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”) can be found at <a rel="noopener" href="https://bit.ly/2WrcOTf" target="_blank">https://bit.ly/2WrcOTf</a></p> <p>If you require more information, please contact our hotline at <a href="tel:18003633333">1800 363 3333</a>.</p> <p>Thank you for banking with OCBC.</p></div> </li> <li id="webnotice_free_fastpaynow_extension_apr20" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Free FAST/PayNow transactions extended till 31 July 2020</strong></h5> </div> <div class="accordion__item__content"><p>Dear Corporate Customers,</p> <p>To reduce the need to handle physical cash or cheques during this difficult COVID-19 period, we encourage you to transact with us digitally on Velocity@ocbc (business internet banking) at <a rel="noopener" href="https://www.ocbc.com/velocity" target="_blank">www.ocbc.com/velocity</a> to enjoy the benefits of digital payments and make payments to PayNow registered individual/business via NRIC, mobile number or UEN. Find out how to do so at <a rel="noopener" href="https://www.ocbc.com/paynowpayments" target="_blank">www.ocbc.com/paynowpayments</a></p> <p><strong>We are offering the promotion below:</strong></p> <ul class="list-tick"> <li><strong>extending outgoing FAST/PayNow offer till 31 July 2020</strong></li> <li><strong>increasing the number of free transactions from 30/month to 50/month (during this period (Business Growth Account will continue to enjoy unlimited free FAST and GIRO transactions)</strong></li> </ul> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Promotion</strong></td> <td><strong>Promotion Period</strong></td> </tr> <tr> <td><strong>First 50 free outgoing FAST/PayNow transactions each month</strong>* via Velocity@ocbc/Business MobileBanking<br /><br /><span class="caption">*Rebates on FAST/PayNow outgoing transactions of S$0.50/per transaction will be credited to your account in the following month.</span></td> <td>1 Jan to 31 Jul 2020</td> </tr> </tbody> </table> <p><strong>How can my company enjoy this promotion?</strong></p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>If your company</strong></td> <td><strong>What you should do</strong></td> </tr> <tr> <td>is subscribed to Velocity@ocbc transacting service package (Standard/Classic/Premium)</td> <td><a rel="noopener" href="https://velocity.ocbc.com/login.html" target="_blank">Transact now</a><br /><br /><span class="caption">Make your first FAST/PayNow outgoing transaction by 31 Jul 2020 to enjoy the promotion</span></td> </tr> <tr> <td>is subscribed to Velocity@ocbc non-transacting service package only, UPGRADE to transacting package service package (Standard/Classic/Premium)</td> <td><a rel="noopener" href="https://www.ocbc.com/assets/pdf/forms/ebanking/velocity-chgservicepackage-form.pdf" target="_blank">Upgrade now</a><br /><br /><span class="caption">Upgrade and make your first FAST/PayNow outgoing transaction by 31 Jul 2020 to enjoy the promotion</span></td> </tr> <tr> <td>is NOT subscribed to Velocity@ocbc transacting service package (Standard/Classic/Premium)</td> <td><a rel="noopener" href="https://www.ocbc.com/assets/pdf/forms/ebanking/velocity-application-form.pdf" target="_blank">Apply now</a><br /><br /><span class="caption">Apply and make your first FAST/PayNow outgoing transaction by 31 Jul 2020 to enjoy the promotion</span></td> </tr> </tbody> </table> <p class="caption"><strong>Terms and conditions</strong></p> <ol class="list-decimal caption"> <li>OCBC Bank reserves the right to vary these terms and conditions at any time at its absolute discretion without notice.</li> <li>OCBC Bank’s decision on all matters relating to this promotion is final and binding.</li> </ol></div> </li> <li id="webnotice_revision_interest_rate_foreigncurrencycallaccount_010620" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Revision of interest rates for Foreign Currency Call Account</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>Due to the recent monetary policy developments in the US and Australia which have seen policy rates reduced to near zero, we will be revising the interest rates for USD and AUD to 0% p.a. with effect <strong>from 1 June 2020</strong> on your Foreign Currency Call Account.</p> <p>The revisions are:</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Currency</strong></td> <td><strong>Current Interest Rates (% p.a.)</strong></td> <td><strong>Revised Interest Rates (% p.a.)</strong></td> </tr> <tr> <td>American Dollar<br />(US$)</td> <td>First $50,000: 0.00%<br />Next $450,000: 0.00%<br />Next $500,000: 0.02%<br />Above $1,000,000: 0.03%</td> <td>First $50,000: 0.00%<br />Next $450,000: 0.00%<br />Next $500,000: 0.00%<br />Above $1,000,000: 0.00%</td> </tr> <tr> <td>Australian Dollar<br />(AUD)</td> <td>First $50,000: 0.00%<br />Next $450,000: 0.00%<br />Next $500,000: 0.10%<br />Above $1,000,000: 0.20%</td> <td>First $50,000: 0.00%<br />Next $450,000: 0.00%<br />Next $500,000: 0.00%<br />Above $1,000,000: 0.00%</td> </tr> </tbody> </table> <p>Thank you for banking with OCBC. We look forward to your continued support.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982111"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">04 May 2020</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_jpyincomingpyment_tokyo_discontinue_040520" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Important reminder on your incoming JPY payments</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />We wish to remind you that <strong>from 4 May 2020</strong>, OCBC Tokyo Branch<br />will stop accepting incoming JPY payments. Please remind your<br />remitters to indicate in their payment instructions - Mizuho Corporate<br />Bank, Tokyo SWIFT BIC: MHCBJPJT as our intermediary bank.<br /><br />For enquiries, please approach any of our branch staff or call<br />+65 6538 1111.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982118"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 April 2020</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_bizactnc_010420" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of OCBC Business Account Terms and Conditions from 1 April 2020</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />In keeping pace with the development of our business banking franchise, we will<br />be revising our Business Account Terms and Conditions so as to provide our<br />business customers with a more uniform banking experience across the various<br />jurisdictions we operate in.<br /><br />Key updates include, but are not limited to:<br /><br />• Streamlining and simplifying our General Terms and Conditions for Accounts,<br />Products and Electronic Services to provide greater convenience for business<br />customers that bank with us regionally;<br />• Consolidating common clauses to reduce repetition and ease of reference;<br />and<br />• Removal of clauses relating to products that are no longer offered to business<br />customers, such as Fixed Savings Account.<br /><br />The revised OCBC Business Account Terms and Conditions can be found at<br /><a href="http://www.ocbc.com/bizaccount/tnc">www.ocbc.com/bizaccount/tnc</a>.<br /><br />The revised OCBC Business Account Terms and Conditions will take effect and<br />replace the current version from 1 April 2020.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982119"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">02 March 2020</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_discontinue_jpydd_020320" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Discontinuation of issuance of JPY Demand Draft with effect from 2 March 2020</strong></h5> </div> <div class="accordion__item__content">With effect from 2 March 2020, we will no longer issue JPY demand<br />draft. For payments to beneficiaries in Japan, please pay via<br />telegraphic transfer instead.<br /><br />If you have made JPY payments via demand draft, please remind<br />your beneficiaries to deposit their OCBC-issued drafts before 31<br />March 2020.<br /><br />For enquiries, please approach any of our branch staff or call:<br /><br /> <ul> <li>1800 363 3333 for personal banking customers</li> <li>1800 773 6437 for premier banking customers</li> <li>+65 6538 1111 for business banking customers</li> </ul></div> </li> <li id="webnotice_trade_bg_sblc_charges_020320" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Revision to standard charges for Banker’s Guarantee and Standby Letter of Credit from 2 March 2020</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>Effective <strong>from 2 March 2020</strong>, we will be revising our standard charges for Banker’s Guarantee and Standby Letter of Credit as follows:</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Description</strong></td> <td><strong>Existing charges</strong></td> <td><strong>Revised charges</strong></td> </tr> <tr> <td colspan="3"><strong>Issuance-Direct</strong></td> </tr> <tr> <td><strong>Performance</strong></td> <td>Tenor ≤ 2 years: 1% p.a.<br />Tenor > 2 years: 1.5% p.a.<br />Minimum chargeable fee is for a period of 1 year or S$150, whichever is higher.</td> <td>Tenor ≤ 2 years: 1% p.a.<br />Tenor > 2 years: 1.5% p.a.<br />Minimum commission:<br />Standard Format: S$100<br />Non-Standard Format: S$200<br />No minimum chargeable period</td> </tr> <tr> <td><strong>Financial</strong></td> <td>1.5% p.a.<br /><br />Minimum chargeable fee is for a period of 1 year or S$150, whichever is higher.</td> <td>2% p.a.<br /><br />Minimum commission:<br />Standard Format: S$100<br />Non-Standard Format: S$200<br /><br />No minimum chargeable period</td> </tr> <tr> <td colspan="3"><strong>Issuance-Indirect (Outward Counter-guarantee)</strong></td> </tr> <tr> <td><strong>Performance</strong></td> <td>Tenor ≤ 2 years: 1% p.a.<br />Tenor > 2 years: 1.5% p.a.<br />Minimum chargeable fee is for a period of 1 year or S$150, whichever is higher.<br /><br /></td> <td>Tenor ≤ 2 years: 1% p.a.<br />Tenor > 2 years: 1.5% p.a.<br />Minimum commission: S$500<br />No minimum chargeable period</td> </tr> <tr> <td><strong>Financial</strong></td> <td>1.5% p.a.<br /><br />Minimum chargeable fee is for a period of 1 year or S$150, whichever is higher.</td> <td>2% p.a.<br /><br />Minimum commission: S$500<br />No minimum chargeable period</td> </tr> <tr> <td colspan="3">Note: There will be another set of charges payable for the Guarantor bank's charges</td> </tr> <tr> <td><strong>Description</strong></td> <td><strong>Existing charges</strong></td> <td><strong>Revised charges</strong></td> </tr> <tr> <td colspan="3"><strong>Amendment</strong></td> </tr> <tr> <td><strong>Increase in Amount:</strong></td> <td>Same as issuance (fees are applicable on the incremental amount)</td> <td>Same as issuance fee (on the incremental amount), minimum S$100</td> </tr> <tr> <td><strong>Extension of Expiry</strong></td> <td>Same as issuance (fees are applicable on the extended period)</td> <td>Same as issuance fee (on the extended period), minimum S$100</td> </tr> <tr> <td><strong>Guarantee re-issuance (incorporating amendments)</strong></td> <td>Same as amendment fee</td> <td>S$200<br />(if there is no extension of tenor<br />or increase in amount)<br />Same as issuance fee,<br />Minimum S$200<br />(if there is extension of tenor or<br />increase in amount)</td> </tr> <tr> <td><strong>Others</strong></td> <td>$50</td> <td>$80</td> </tr> <tr> <td colspan="3"><strong>Advising</strong></td> </tr> <tr> <td><strong>OCBC Customer</strong></td> <td>$30</td> <td>$30</td> </tr> <tr> <td><strong>Non-OCBC Customer</strong></td> <td>$70</td> <td>$70</td> </tr> <tr> <td colspan="3"><strong>Miscelleanous</strong></td> </tr> <tr> <td><strong>Inward Claim under</strong><br /><strong>BG/SBLC issued by</strong><br /><strong>the bank including</strong><br /><strong>Pay or Extend</strong><br /><strong>requests</strong></td> <td>Not applicable</td> <td>Flat fee S$200</td> </tr> <tr> <td><strong>Presentation of</strong><br /><strong>Demand under</strong><br /><strong>BG/SBLC issued by</strong><br /><strong>another bank</strong></td> <td>Not applicable</td> <td>1/8% flat, minimum S$200</td> </tr> <tr> <td><strong>Acknowledgement</strong><br /><strong>of Notice of</strong><br /><strong>Assignment or</strong><br /><strong>Transfer of</strong><br /><strong>BG/SBLC</strong></td> <td>Not applicable</td> <td>1/8% flat, minimum S$300</td> </tr> <tr> <td><strong>Vetting Fee</strong></td> <td>Not applicable</td> <td>S$200</td> </tr> <tr> <td><strong>Cancellation Fee</strong></td> <td>Not applicable</td> <td>S$200</td> </tr> <tr> <td><strong>Certified true copy</strong></td> <td>S$50</td> <td>S$200</td> </tr> <tr> <td><strong>Tracer</strong><br /><strong>(nonSWIFT/hardcopy)</strong></td> <td>Not applicable</td> <td>S$10</td> </tr> <tr> <td><strong>Description</strong></td> <td><strong>Existing charges</strong></td> <td><strong>Revised charges</strong></td> </tr> <tr> <td colspan="3"><strong>SWIFT</strong></td> </tr> <tr> <td><strong>Issuance (MT760)</strong></td> <td>S$110 per SWIFT</td> <td>S$110 per SWIFT</td> </tr> <tr> <td><strong>Amendments,</strong><br /><strong>Miscellaneous</strong><br /><strong>messages and</strong><br /><strong>Tracers</strong><br /><strong>(MT767, MT799,</strong><br /><strong>MT103,202, MT999</strong><br /><strong>etc)</strong></td> <td>S$30 per SWIFT</td> <td>S$30 per SWIFT</td> </tr> <tr> <td><strong>MEPS</strong></td> <td>S$20 per SWIFT</td> <td>S$20 per SWIFT</td> </tr> <tr> <td><strong>Cashier’s order</strong></td> <td>S$25</td> <td>S$25</td> </tr> <tr> <td colspan="3"><strong>Courier</strong></td> </tr> <tr> <td><strong>Local</strong></td> <td>S$10</td> <td>S$10</td> </tr> <tr> <td><strong>Overseas</strong></td> <td>Courier fee for respective<br />country applies</td> <td>Courier fee for respective<br />country applies</td> </tr> </tbody> </table> <p>Please contact your relationship managers if you have further queries. Alternatively, you can contact our Trade Finance service staff through the Trade Hotline at <a href="tel:+6563187777">(65) 6318 7777</a>.</p> <p>Thank you for banking with us. We look forward to your continued support.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982126"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">06 January 2020</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_bizactnc_060120" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of OCBC Business Account Terms and Conditions from 6 January 2020</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />With effect <strong>from 6 January 2020</strong>, OCBC’s Business Account Terms and<br />Conditions will be revised in connection with the offering of a new foreign<br />currency business account.<br /><br />The revision can be found under <strong>Section A: General Terms and Conditions -</strong><br /><strong>Revised Clause 16A</strong>.<br /><br />The revised version of the OCBC Business Account Terms and Conditions can<br />be downloaded from <a href="http://www.ocbc.com/business-banking/Forms.html">www.ocbc.com/business-banking/Forms.html</a> <strong>from 6</strong><br /><strong>January 2020</strong>.<br /><br />Thank you for banking with OCBC.</div> </li> <li id="notice_bga_060120" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Updates to Business Growth Account from 6 Jan 2020</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>We will be updating your existing Business Growth Account with two new features from 6 Jan 2020:</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Features</strong></td> <td><strong>Current</strong></td> <td><strong>New <span style="color: #cb2d3e;">(from 6 Jan 2020)</span></strong></td> </tr> <tr> <td>Minimum monthly average balance to maintain</td> <td>S$3,000, else service fee of S$35 per month apply.</td> <td>Requirement to be removed. No more service fee.</td> </tr> <tr> <td>GIRO and FAST transactions bundle</td> <td>Not applicable</td> <td>Free unlimited transactions for GIRO (worth S$0.20 each) and FAST (worth S$0.50 each)</td> </tr> </tbody> </table> <p>If you require more information, please contact our Business Banking Commercial Service Centre at <a href="tel:+6565381111">+65 6538 1111</a>.</p> <p>Thank you for banking with OCBC and your continued support.</p></div> </li> <li id="notice_sgdbfa_060120" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Update to SGD Business Foreign Account from 6 Jan 2020</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />We are pleased to inform that effective 6 Jan 2020, we will be<br />lowering the minimum monthly average balance you have to maintain<br />each month for your existing SGD Business Foreign Account from<br />S$30,000 to S$10,000.<br /><br />If you require more information, please contact our Business Banking<br />Commercial Service Centre at +65 6538 1111.<br /><br />Thank you for banking with OCBC and your continued support.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982127"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">26 October 2019</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_bizactnc_261019" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions from 26 October 2019</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />With effect from the dates stated below, OCBC’s Business Account Terms and<br />Conditions will be revised as follows:<br /><br />1) Under <strong>Section A: General Terms and Conditions</strong>:<br /> <ul> <li>New Clause 16A</li> <li>New Clause 27.5</li> </ul> <br />2) Under <strong>Section B: Terms and Conditions Governing Electronic Services</strong>:<br /><br /> <ul> <li>Revised Clause 2.3</li> </ul> <br /><strong>3) Terms & Conditions Governing SGQR Service</strong><br /><br /> <ul> <li>New Section E</li> <li>New definition of “PayNow” under Section B Clause 1</li> </ul> <br />The revised version of the OCBC Business Account Terms and Conditions can<br />be downloaded from <a href="http://www.ocbc.com/business-banking/Forms.html">www.ocbc.com/business-banking/Forms.html</a> <strong>from 26</strong><br /><strong>September 2019</strong>.<br /><br /><strong>The revisions will take effect from 26 October 2019</strong>, provided that if you apply<br />for the SGQR Service before 26 October 2019, you agree to be bound by the<br />revisions to the Business Account Terms and Conditions relating to Terms &<br />Conditions Governing SGQR Service referenced above with immediate effect as<br />of the date of such application.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982128"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 October 2019</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_reminder_chqrepricing_free_fastpaynow_dec19" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Reminder on revision in cheque charges</strong></h5> </div> <div class="accordion__item__content"><p>Dear Corporate Customers,</p> <p>We wish to remind you that, from 1 October 2019, S$0.75 is applicable to every SGD cheque cleared. To further support the shift to cheque-free alternatives, we are offering the first 30 free FAST/PayNow outgoing transactions each month via Velocity@ocbc/Business Mobile Banking.</p> <p>As part of the nationwide initiative to go chequeless, we urge you to appl for Velocity@ocbc (business internet banking) at <a href="https://www.ocbc.com/velocity">www.ocbc.com/velocity</a> to enjoy the benefits of digital payments.</p> <p>You can save on cheque charges simply by making payments to PayNow registered individual/business via NRIC, mobile number or UEN instead. Find out more at <a href="https://www.ocbc.com/paynowpayments">www.ocbc.com/paynowpayments</a>.</p> <p>To help you get started on the digital journey, we are offering the promotion below:</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Promotion</strong></td> <td><strong>Promotion Period</strong></td> </tr> <tr> <td>First 30 free outgoing FAST/PayNow transactions each month* via Velocity@ocbc/Business Mobile Banking<br /><br />* Rebates on FAST/PayNow outgoing transactions of S$0.50/per transaction will be credited to your account in the following month.</td> <td>1 Jan to 30 Jun 2020</td> </tr> </tbody> </table> <p><strong>How can my company enjoy this promotion?</strong></p> <table class="table table-responsive" border="0"> <tbody> <tr> <td>If your company</td> <td>What you should do</td> </tr> <tr> <td>is subscribed to Velocity@ocbc transacting service package (Standard/Classic/Premium)</td> <td><a href="https://velocity.ocbc.com/login.html">Transact now</a><br /><br />Make your first FAST/PayNow<br />outgoing transaction by 30 Jun<br />2020 to enjoy the promotion</td> </tr> <tr> <td>is subscribed to Velocity@ocbc non-transacting service package only, UPGRADE to transacting package service package (Standard/Classic/Premium)</td> <td><a href="https://www.ocbc.com/assets/pdf/forms/ebanking/velocity-chgservicepackage-form.pdf">Upgrade now</a><br /><br />Upgrade and make your first FAST/PayNow outgoing transaction by 30 Jun 2020 to enjoy the promotion</td> </tr> <tr> <td>is NOT subscribed to Velocity@ocbc transacting service package (Standard/Classic/Premium)</td> <td><a href="https://www.ocbc.com/assets/pdf/forms/ebanking/velocity-application-form.pdf">Apply now</a><br /><br />Apply and make your first FAST/PayNow outgoing transaction by 30 Jun 2020 to<br />enjoy the promotion</td> </tr> </tbody> </table> <p><strong>Terms and conditions</strong></p> <ol class="list-bullet"> <li>OCBC Bank reserves the right to vary these terms and conditions at any time at its absolute discretion without notice.</li> <li>OCBC Bank’s decision on all matters relating to this promotion is final and binding</li> </ol></div> </li> <li id="bdc_rebates_programme_1_october_2019" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”) with effect from 1 October 2019</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />Effective <strong>1 October 2019</strong>, there will be revisions to the Terms and Conditions Governing OCBC<br />Business Debit Card Rebates Programme (“The Programme”). The revisions are:<br /><br />Under <strong>Clause 3: Other Conditions</strong><br /><br /> <table style="border-collapse: collapse; width: 100%;" border="1"> <tbody> <tr> <td style="width: 100%;">Clause 3(d) will be revised to expand on the list of excluded transactions, along with their<br />Merchant Category Code and Description</td> </tr> </tbody> </table> <br />The revised copy of the Terms and Conditions Governing OCBC Business Debit Card Rebates<br />Programme (“The Programme”) can be found at <a href="https://bit.ly/2UfoQNY">https://bit.ly/2UfoQNY</a>.<br /><br />If you require more information, please contact our hotline at 1800 363 3333.<br /><br />Thank you for banking with OCBC.</div> </li> <li id="amkcentralbranch-bizbankingdesk-closure" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Ang Mo Kio Central Branch Business Banking Desk Closure</strong></h5> </div> <div class="accordion__item__content"><p>Ang Mo Kio Central Branch Business Banking Desk will no longer be available from 1 October 2019.</p></div> </li> <li id="webnotice_chqrepricing_free_fastpaynow_011019" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Changes to cheque charges with effect from 1 Oct 2019</strong></h5> </div> <div class="accordion__item__content"><p>Dear Business Banking Customers,</p> <p>With effect from 1 Oct 2019, we will be charging S$0.75/cheque for the <strong>first cleared cheque</strong> onwards for all SGD accounts.</p> <p>As part of the nationwide initiative to go chequeless, we urge you to apply for Velocity@ocbc (business internet banking) at <a href="https://www.ocbc.com/velocity">www.ocbc.com/velocity</a> to enjoy the benefits of digital payments.</p> <p>You can save on cheque charges simply by making payments to PayNow registered individual/business via NRIC, mobile number or UEN instead. Find out more at <a href="https://www.ocbc.com/paynow-business">www.ocbc.com/paynow-business</a>.</p> <p><strong>To help you get started on the digital journey, we are offering the promotion below:</strong></p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Promotion</strong></td> <td><strong>Promotion Period</strong></td> </tr> <tr> <td><strong>First 30 free outgoing FAST/PayNow transactions each month*</strong> via Velocity@ocbc/Business Mobile Banking<br /><br />* Rebates on FAST/PayNow outgoing transactions of S$0.50/per transaction will be credited to your account in the following month.</td> <td>1 Oct to 31 Dec 2019</td> </tr> </tbody> </table> <p><strong>How can my company enjoy this promotion?</strong></p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>If your company</strong></td> <td><strong>What you should do</strong></td> </tr> <tr> <td>is subscribed to Velocity@ocbc transacting service package (Standard/Classic/Premium)</td> <td><a href="https://velocity.ocbc.com/login.html">Transact now</a><br /><br />Make your first FAST/PayNow outgoing transaction by 31 Dec 2019 to enjoy the promotion</td> </tr> <tr> <td>is subscribed to Velocity@ocbc non-transacting service package only, UPGRADE to transacting package service package (Standard/Classic/Premium)</td> <td><a rel="noopener" href="https://www.ocbc.com/assets/pdf/forms/ebanking/velocity-chgservicepackage-form.pdf" target="_blank">Upgrade now</a><br /><br />Upgrade and make your first FAST/PayNow outgoing transaction by 31 Dec 2019 to<br />enjoy the promotion</td> </tr> <tr> <td>is NOT subscribed to Velocity@ocbc transacting<br />service package (Standard/Classic/Premium)</td> <td><a rel="noopener" href="https://www.ocbc.com/assets/pdf/forms/ebanking/velocity-application-form.pdf" target="_blank">Apply now</a><br /><br />Apply and make your first FAST/PayNow outgoing transaction by 31 Dec 2019 to enjoy the promotion</td> </tr> </tbody> </table> <p><strong>Terms and conditions</strong></p> <ol class="list-decimal"> <li>This promotion is offered to selected customers, only by invitation from OCBC Bank.</li> <li>OCBC Bank reserves the right to vary these terms and conditions at any time at its absolute discretion without notice.</li> <li>OCBC Bank’s decision on all matters relating to this promotion is final and binding.</li> </ol></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982135"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 July 2019</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_bizactnc_010719" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 1 July 2019</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />Effective <strong>1 July 2019</strong>, there will be revisions to the OCBC Business Account Terms and<br />Conditions. The revisions are:<br /><br />Under <strong>Section A: General Terms and Conditions</strong>:<br /><br />a. Revised Clause 9<br />b. New clause 9A<br />c. New clause 18B<br />d. Revised Clause 27.2<br />e. Revised Clause 28<br /><br />The revised version of the OCBC Business Account Terms and Conditions can be<br />viewed and downloaded from <a href="http://www.ocbc.com/business-banking/Forms.html">www.ocbc.com/business-banking/Forms.html</a> from 1 July<br />2019.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982136"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">30 June 2019</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice-epayment-guideline-300619" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>New E-Payments User Protection Guidelines (for Sole Proprietors)</strong></h5> </div> <div class="accordion__item__content"><span>The </span><strong>E-Payments User Protection Guidelines</strong><span> issued by MAS will be effective from </span><strong>30 June 2019</strong><span>. <br /><br />Find out your responsibility as an account holder and learn how to adopt safe banking measures to protect your bank accounts from unauthorised or erroneous transactions.</span><strong> <br /><br /></strong><a href="https://www.ocbc.com/epayments">Learn more</a>.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982137"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 April 2019</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_bukitbatokbbc_closure_15april2019" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Cessation of submission and collection of trade finance documents at Bukit Batok Business Banking Centre </strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>We wish to inform you that Bukit Batok Business Banking Centre will close <strong>at 5pm on 15 April 2019</strong>.</p> <p><span style="text-decoration: underline;">Submission of trade finance documents</span><br />The last submission of your trade finance documents at the Trade Document Deposit Box will be at <strong>2:30pm on 15 April 2019</strong>. Any trade finance documents submitted via the Trade Document Deposit Box after this time will not be processed by the Bank.</p> <p><span style="text-decoration: underline;">Collection of trade finance documents</span><br />Please arrange to collect your trade finance documents by <strong>5pm on 15 April 2019</strong>. Any uncollected trade finance documents will be returned to OCBC Tampines Centre 2.</p> <p>Your submission / collection of trade finance documents will continue to be served at the following centres:</p> <table class="table table-responsive-md" border="0"> <tbody> <tr> <td>OCBC Centre South</td> <td>18 Church Street #04-00 Singapore 049479</td> </tr> <tr> <td>OCBC Tampines Centre 2</td> <td>31 Tampines Ave 4 #01-00 Singapore 529680</td> </tr> <tr> <td>Ubi Business Banking Centre</td> <td>Blk 302 Ubi Ave 1 #01-59/63 Singapore 400302</td> </tr> </tbody> </table> <p>Please contact our Business Banking Service Managers at <a href="tel:+6565381111">+65 6538 1111</a> if you have further queries.</p> <p>Thank you for your continued support.</p></div> </li> <li id="web_notice_rbp_aprstmt" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Changes to Billing Statement/Tax Invoice for April 2019</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customer,<br /><br />We will be making changes to the billing statement/tax invoice for April 2019 to<br />provide you greater clarity and a consolidated view of your fees, charges and<br />rebates.<br /><br />Please read on for details on the upcoming changes. Our Business Banking Service<br />Managers are just a phone call away at +65 6538 1111 if you have further queries.<br /><br />Thank you.</div> </li> <li id="web_notice_businessdepositcard" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>The OCBC Business Deposit Card for your daily cash deposit needs</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customer,<br /><br />The OCBC Business Deposit Card is the best way to handle your daily cash<br />deposit needs. Bid goodbye to spending time in branch queues and avoid<br />over-the-counter cash deposit fees, your cash deposit is just an easy ATM<br />visit away, for you or your employees.<br /><br />To find out more, please visit <a href="https://www.ocbc.com/business-banking/accounts-and-services/receiving-payments/business-deposit-card.html">ocbc.com/businessdepositcard</a>.<br /><br /><strong>New promotion offer</strong><br />We are pleased to offer free Business Deposit Card(s) for applications that<br />are submitted before 30 June 2019.<br /><br />Kindly note that charges for over-the-counter cash deposit fees can be found<br />in these <a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide">business pricing guides</a>.<br /><br />Please call our Business Banking Service Managers at +65 6538 1111 if you<br />have further queries.<br /><br />We look forward to your continuing support. Thank you.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982138"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">19 March 2019</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="revision-credit-card-foreign-currency-transaction-fee-190319" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of Credit Card Foreign Currency Transaction Fee</strong></h5> </div> <div class="accordion__item__content"><span>All foreign currency transactions are subjected to a currency conversion charge imposed by the respective card associations and bank administrative fee of the foreign transaction amount.<br /><br />From 15 March 2019, the bank administrative fee for foreign transactions on OCBC Credit Cards will be revised from 1.8% to 2.0% of the foreign currency transaction amount.<br /><br />The foreign transactions on OCBC Credit Cards imposed by the respective card associations remains at 1%.</span></div> </li> <li id="revision-business-debit-card-foreign-currency-transaction-fee-190319" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Revision of Business Debit Card Foreign Currency Transaction Fee</strong></h5> </div> <div class="accordion__item__content"><span>All foreign currency transactions are subjected to a currency conversion charge imposed by the respective card associations and bank administrative fee of the foreign transaction amount. <br /><br />From 15 March 2019, the bank administrative fee for foreign transactions on OCBC Business Debit Card will be revised from 1.8% to 2.0% of the foreign currency transaction amount. <br /><br />The foreign transactions on OCBC Business Debit Card imposed by the respective card associations remains at 1%.</span></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982139"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 November 2018</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_bizactnc_011118" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 1 November 2018</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />Effective <strong>1 November 2018</strong>, there will be revisions to the OCBC Business Account<br />Terms and Conditions. The revisions are:<br /><br />1) Under <strong>Section A: General Terms and Conditions</strong>:<br /><br />a. Revised Clause 1.1<br />b. New clause 32.4<br /><br />2) Under <strong>Section B: Terms and Conditions Governing Electronic Services</strong>:<br /><br />a. Revised Clause 1.1<br />b. Revised Clause 2.1<br />c. Revised Clause 3.3<br />d. New Clause 3A<br /><br />The revised version of the OCBC Business Account Terms and Conditions can be<br />downloaded from <a href="http://www.ocbc.com/business-banking/Forms.html">www.ocbc.com/business-banking/Forms.html</a> from 1 November 2018.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982143"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 October 2018</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_revision_interest_rate_foreigncurrencycallaccount_011018" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision of interest rates for Foreign Currency Call Account</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customers,</p> <p>We wish to inform you that from <strong>1 October 2018</strong>, there will be changes to the interest rates for<br />the Foreign Currency Call Account.</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Currency Available</strong></td> <td><strong>Revised Interest Rates (% p.a.)</strong></td> </tr> <tr> <td>American Dollar (US$)</td> <td>First $50,000: 0.00%<br />Next $450,000: 0.00%<br />Next $500,000: 0.02%<br />Above $1,000,000: 0.03%</td> </tr> <tr> <td>Australian Dollar (AUD)<br /><br /></td> <td>First $50,000: 0.00%<br />Next $450,000: 0.00%<br />Next $500,000: 0.10%<br />Above $1,000,000: 0.20%</td> </tr> <tr> <td>All other currencies</td> <td>0%</td> </tr> </tbody> </table> <p>The revised interest rates will be reflected on the Foreign Currency Call Account webpage from 1 October 2018.</p> <p>Thank you for banking with OCBC.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982153"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">28 July 2018</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_bizactnc_280718" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 28 July 2018</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />Effective<strong> 28 July 2018</strong>, the OCBC Business Account Terms and Conditions shall be<br />revised in connection with the offering of new services – PayNow Corporate and QR.<br /><br />The revisions are found in:<br /><br />1) Under <strong>Section B: Terms and Conditions Governing Electronic Services</strong>:<br /><br />a) Revised Clause 1.1<br />b) Revised Clause 3.4<br />c) Revised Clause 5A.4<br />d) Revised Clause 5A.5<br />e) Revised Clause 5B.4<br />f) Revised Clause 5B.5<br />g) Revised Clause 11.1A<br /><br />2) New <strong>Section C: Terms & Conditions Governing PayNow Corporate Service</strong><br /><br />The revised version of the OCBC Business Account Terms and Conditions can be<br />downloaded from <a href="http://www.ocbc.com/business-banking/Forms.html">www.ocbc.com/business-banking/Forms.html</a> from 28 July 2018.<br /><br />If you require more information, please contact our Business Banking Commercial<br />Service Centre at +65 6538 1111.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982163"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 June 2018</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_revision_chqclearingfee_010618" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revision to cheque clearing fee from 1 June 2018</strong></h5> </div> <div class="accordion__item__content">From 1 June 2018, we will revise our cheque clearing fee <strong>from</strong><br /><strong>S$0.50 to S$0.75 per cheque</strong> for each subsequent cheque after the<br />first 30 free/ first 50 free cheques per calendar month.<br /><br />The revised fee will be reflected in the <a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide">business pricing guides</a>.<br /><br />Please feel free to approach any of our branch staff if you need<br />further assistance on this matter. Alternatively, you can contact our<br />Business Banking Commercial Service Centre at +65 6538 1111.<br /><br />Thank you for banking with us.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982164"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">27 April 2018</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_newatmcoindepfee_270418" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>New ATM Coin Deposit Fee</strong></h5> </div> <div class="accordion__item__content">With effect from 27 April 2018, you can deposit both coins and notes<br />using our ATMs at selected branches. A fee of S$0.012 per coin will<br />be imposed for all coin deposits via these ATMs.<br /><br />The new fee will be reflected in the <a href="hhttps://www.ocbc.com/business-banking/help-and-support/payment-and-transactions.html%23anch-fees">business pricing guides</a>.<br /><br />Please feel free to approach any of our branch staff if you need<br />further assistance on this matter.<br /><br />Alternatively, you can contact our<br />Business Banking Commercial Service Centre at +65 6538 1111.<br /><br />Thank you for banking with us.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982165"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">03 April 2018</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_sgd_returned_chq_reasons_030418" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>S$40 will be applied to additional reasons for SGD returned cheques</strong></h5> </div> <div class="accordion__item__content">From 3 April 2018, we will charge S$40 for SGD returned cheques<br />issued from your SGD business accounts if the:<br /><br /> <ul> <li>signature is not in accordance with signing condition</li> <li>signature differs or is incomplete</li> <li>second drawer's signature is missing</li> </ul> <br />Please issue your cheques correctly to avoid incurring this fee.<br /><br />Please approach any of our branch staff if you have any further<br />questions. Alternatively, you can contact our Business Banking<br />Commercial Service Centre at +65 6538 1111.<br /><br />We look forward to serving you.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982170"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">09 March 2018</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="webnotice_bizactnc_090318" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions with effect from 9 March 2018</strong></h5> </div> <div class="accordion__item__content">Dear Valued Corporate Customers,<br /><br />Effective<strong> 9 March 2018</strong>, there will be revisions to the OCBC Business Account Terms<br />and Conditions. The revisions are:<br /><br />Under <strong>Section B: Terms and Conditions Governing Electronic Services</strong>:<br /><br />a) Revised Clause 1.1<br />b) Revised Clause 3.3(b)<br />c) New Clause 3.3(f)<br />d) Revised Clause 9.18<br /><br /><strong>Starting 9 March 2018</strong>, you can download the latest copy of the OCBC Business<br />Account Terms and Conditions from <a href="http://www.ocbc.com/business-banking/Forms.html">www.ocbc.com/business-banking/Forms.html</a>.<br /><br />If you require more information, please contact our Business Banking Commercial<br />Service Centre at +65 6538 1111.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982169"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 February 2018</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_discontinuation_chqack_010218" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Discontinuation of cheque acceptance and acknowledgement over the branch counter</strong></h5> </div> <div class="accordion__item__content">We will be discontinuing cheque acceptance and acknowledgement<br />over the branch counter with effect from 1 February 2018.<br /><br />You can deposit your cheques at any of our Cheque Deposit boxes or Cheque<br />Deposit machines.<br /><br />If you still wish to have an acknowledgement for cheque deposit, you can do so<br />using the following services:<br /><br /><strong>1. Cheque Deposit machine</strong><br />o These machines are available at 3 locations: OCBC Centre / Orchard<br />Gateway / Kallang Wave branches<br />o The cheque image (front) will be printed on the receipt once you have<br />successfully deposited a cheque.<br />o The machine can accept bulk cheques deposit (maximum 30 pcs per<br />deposit).<br /><br /><strong>2. Express Bulk Cheque Deposit (EBQD) service</strong><br />o You can deposit your cheques using security bags and the bank will<br />acknowledge on the perforated slip that is attached to the security bag.<br />o Please approach our Business Banking Manager or Relationship Manager<br />to subscribe for this service.<br /><br />Please feel free to approach any of our branch staff if you need further<br />assistance.<br /><br />Alternatively, you can contact our Business Banking Commercial<br />Service Centre at +65 6538 1111.<br /><br />Thank you for banking with us</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982206"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">15 November 2017</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="revisions-cardmember-agreement-oct17" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Debit Cardmembers Agreement</strong></h5> </div> <div class="accordion__item__content">Effective <strong>15 November 2017</strong>, there will be revisions to the OCBC Business Debit Cardmembers<br />Agreement. The revisions are:<br /><br />1) Under <strong>Section 12: Amendment</strong><br /><br /> <table style="border-collapse: collapse; width: 100%;" border="1"> <tbody> <tr> <td style="width: 100%;">New clause 12.3</td> </tr> </tbody> </table> <br />2) Under <strong>Section 16: Miscellaneous</strong><br /><br /> <table style="border-collapse: collapse; width: 100%;" border="1"> <tbody> <tr> <td style="width: 100%;">New clause 16.6</td> </tr> <tr> <td style="width: 100%;">Revised clause 16.8</td> </tr> <tr> <td style="width: 100%;">Revised clause 16.10</td> </tr> </tbody> </table> <br />3) Under <strong>Section 17: Severance</strong><br /><br /> <table style="border-collapse: collapse; width: 100%;" border="1"> <tbody> <tr> <td style="width: 100%;">New clause 17.1</td> </tr> </tbody> </table> <br />You can download the latest copy of the OCBC Business Debit Cardmembers Agreement from <a href="https://www.ocbc.com/assets/pdf/bdc-cardmember-agreement-oct17.pdf">here</a>.<br /><br />If you require more information, please contact our Business Banking Commercial Service Centre at<br />+65 6538 1111.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982340"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">03 November 2017</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_bizactnc_031117" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions</strong></h5> </div> <div class="accordion__item__content">Effective 3 November 2017, there will be revisions to the OCBC Business Account<br />Terms and Conditions. The revisions are:<br /><br />1) Under Section A: General Terms and Conditions :<br /><br />Revised Clause 1.1<br /><br />2) Under <strong>Section B: Terms and Conditions Governing Electronic Services</strong>:<br /><br /> <table style="border-collapse: collapse; width: 100%; height: 126px;" border="1"> <tbody> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">a) Revised Clause 1.1</td> <td style="width: 50%; height: 18px;">h) Revised Clause 8.2</td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">b) New Clause 5B</td> <td style="width: 50%; height: 18px;">i) Revised Clause 9.6.8</td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">c) New Clause 5B.1</td> <td style="width: 50%; height: 18px;">j) Revised Clause 9.6.21</td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">d) New Clause 5B.2</td> <td style="width: 50%; height: 18px;">k) Revised Section C :<br />Terms & Conditions Governing<br />Business Debit Card</td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">e) New Clause 5B.3</td> <td style="width: 50%; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">f) New Clause 5B.4</td> <td style="width: 50%; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">g) New Clause 5B.5</td> <td style="width: 50%; height: 18px;"> </td> </tr> </tbody> </table> <br />Starting <strong>3 November 2017</strong>, you can download the latest copy of the OCBC Business Account Terms and Conditions from <a href="http://www.ocbc.com/business-banking/Forms.html">www.ocbc.com/business-banking/Forms.html</a>.<br /><br />If you require more information, please contact our Business Banking Commercial<br />Service Centre at +65 6538 1111.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982341"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">02 October 2017</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_bizactnc_021017" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Revisions to OCBC Business Account Terms and Conditions</strong></h5> </div> <div class="accordion__item__content">Effective <strong>2 October 2017</strong>, there will be revisions to the OCBC Business Account<br />Terms and Conditions. The revisions are:<br /><br />1) Under Section A: General Terms and Conditions :<br /><br />Revised Clause 1.1<br /><br />2) Under <strong>Section B: Terms and Conditions Governing Electronic Services</strong>:<br /><br /> <table style="border-collapse: collapse; width: 100%; height: 252px;" border="1"> <tbody> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">a) Revised Clause 1.1</td> <td style="width: 50%; height: 18px;">o) New Clause 9.6.22</td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">b) Revised Clause 3</td> <td style="width: 50%; height: 18px;">p) Revised Clause 9.10</td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">c) New Clause 3.1(d)</td> <td style="width: 50%; height: 18px;">q) Revised Clause 9.21</td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">d) Revised Clause 3.2</td> <td style="width: 50%; height: 18px;">r) Revised Clause 11.1A</td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">e) Revised Clause 3.3 (b)</td> <td style="width: 50%; height: 18px;">s) Revised Clause 12.3</td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">f) Revised Clause 5A.1</td> <td style="width: 50%; height: 18px;">t) Removed Section C : Terms &<br />Conditions Governing Easi-ProCheck</td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">g) Revised Clause 5A.5</td> <td style="width: 50%; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">h) Revised Clause 9.1</td> <td style="width: 50%; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">i) Revised Clause 9.2</td> <td style="width: 50%; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">j) Revised Clause 9.5</td> <td style="width: 50%; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">k) Revised Clause 9.6.5</td> <td style="width: 50%; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">l) Revised Clause 9.6.7</td> <td style="width: 50%; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">m) Revised Clause 9.6.10</td> <td style="width: 50%; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="width: 50%; height: 18px;">n) Revised Clause 9.6.13</td> <td style="width: 50%; height: 18px;"> </td> </tr> </tbody> </table> <br />Starting <strong>2 October 2017</strong>, you can download the latest copy of the OCBC Business Account Terms and Conditions from <a href="http://www.ocbc.com/business-banking/Forms.html">www.ocbc.com/business-banking/Forms.html</a>.<br /><br />If you require more information, please contact our Business Banking Commercial<br />Service Centre at +65 6538 1111.<br /><br />Thank you for banking with OCBC.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982342"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 May 2017</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_revision_markedchqs_010517" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Changes to Marked Cheque fees</strong></h5> </div> <div class="accordion__item__content"><p>From 1 May 2017, we will be revising marked cheque fees to S$100 per cheque.</p> <p>This will apply to marked cheques from both OCBC and other banks presented for funds to be credited on the same day.</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td> </td> <td><strong>Existing Fees</strong></td> <td><strong>New Fees (from 1 May 2017)</strong></td> </tr> <tr> <td>OCBC Bank cheque</td> <td>S$40 per cheque</td> <td rowspan="2">S$100 per cheque + Courier Charges (if applicable)</td> </tr> <tr> <td>Other Bank cheques</td> <td>S$80 per cheque + Courier Charges (if applicable)</td> </tr> </tbody> </table> <p>These revised fees will be reflected in the <a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide">business pricing guides</a> and <a href="https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-foreign-accounts-pricing-guide">business foreign accounts pricing guide</a> from 1 May 2017.</p> <p>Please feel free to approach any of our branch staff if you need further assistance on this matter. Alternatively, you can contact our Business Banking Commercial Service Centre at <a href="tel:+6565381111">+65 6538 1111</a>.</p> <p>Thank you for banking with us.</p></div> </li> <li id="web_notice_no_statement_fcy_biz_ac_010517" class="accordion__item"> <div class="accordion__item__title"> <h5><strong>Bank Statement for Foreign Currency Business Account</strong></h5> </div> <div class="accordion__item__content">From 1 May 2017, we will not send any bank statement for your<br />Foreign Currency Business Account if there is no transaction for that<br />month.<br /><br />Please feel free to approach any of our branch staff if you need<br />further assistance on this matter. Alternatively, you can contact our<br />Business Banking Commercial Service Centre at +65 6538 1111.<br /><br />Thank you for banking with us.</div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982350"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">04 April 2017</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_sgd_returned_chq_reasons_040417" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>From 4 April 2017, S$40 will be applied to additional reasons for SGD returned cheques</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>From 4 April 2017, we will charge S$40 for SGD returned cheques issued from your SGD business accounts if:</p> <ul class="list-bullet"> <li>you did not countersign on cheque with alteration</li> <li>you did not state complete amount in words</li> <li>you did not state clear and correct amount in words and figures</li> <li>the words and figures do not match</li> </ul> <p>Please issue your cheques correctly to avoid incurring this fee.</p> <p>Please approach any of our branch staff if you have any further questions. Alternatively, you can contact our Business Banking Commercial Service Centre at <a href="tel:+6565381111">+65 6538 1111</a>.</p> <p>We look forward to serving you.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982351"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">01 April 2017</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_chg_chqbook_courier_charges_010417" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Changes in SGD and USD chequebook courier charges from 1 April 2017</strong></h5> </div> <div class="accordion__item__content"><p>Dear Valued Corporate Customer,</p> <p>The courier charges for SGD and USD chequebooks will increase by $2 from 1 April 2017.</p> <table class="table table-responsive" border="0"> <tbody> <tr> <td><strong>Cheque book type</strong></td> <td><strong>Delivery mode</strong></td> <td><strong>Current</strong></td> <td><strong>New</strong></td> </tr> <tr> <td rowspan="2">SGD cheque book</td> <td>Express delivery</td> <td>S$18</td> <td>S$20</td> </tr> <tr> <td>Same-day delivery</td> <td>S$27</td> <td>S$29</td> </tr> <tr> <td rowspan="2">USD cheque book</td> <td>Express delivery</td> <td>USD12</td> <td>USD14</td> </tr> <tr> <td>Same-day delivery</td> <td>USDS18</td> <td>USD20</td> </tr> </tbody> </table> <p><strong>Notes</strong>:</p> <p>Charges are for each delivery trip.</p> <p>* Charge is only for the delivery of the cheque book. (exclude chequebook issuance fee of $25 which is only applicable for Business Growth Account)</p> <p>1 Delivery on the next business day if request is received before 3.45pm on a business day.</p> <p>2 Delivery is by 5pm, same business day if request is received before 10.45am on a business day</p> <p>You can obtain the latest version of the request form from <strong>Business Banking FORMS page</strong>: <a href="https://www.ocbc.com/business-banking/Forms.html">http://www.ocbc.com/business-banking/Forms.html</a> starting <strong>from 1 April 2017.</strong></p> <ul class="list-bullet"> <li>under Category :<strong>Account Activities</strong></li> <li><strong>Corporate Cheque Book Request Form</strong></li> </ul> <p>Please approach any of our branch staff if you have any further questions. Alternatively, you can contact our Business Banking Commercial Service Centre at <a href="tel:+6565381111">+65 6538 1111</a>.</p></div> </li> </ul> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1632828982349"> <div class="section-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-md-12"> <div class="accordion com_toggle accordion--v2" init-mode="none" close-others="false"> <div class="clearfix"> <div class="float-left mb2"> <p><small class="co-grey3">15 March 2017</small></p> </div><a class="accordion__button link fz-14 float-right link--underline d-none d-md-block" href="#"><span class="accordion__button-show-all">Expand all</span><span class="accordion__button-hide-all">Collapse all</span></a></div> <ul class="accordion__list"> <li id="web_notice_no_velocity_fee_150317" class="accordion__item selected"> <div class="accordion__item__title"> <h5><strong>Monthly fee of S$30 will no longer apply for Velocity@ocbc service package with effect from 15 March 2017</strong></h5> </div> <div class="accordion__item__content">From 15 March 2017, the monthly fee of S$30 will no longer apply for<br />Velocity@ocbc (business internet banking) - Standard and Classic<br />service package.<br /><br />This applies to Business Banking Customers only.<br /><br />The fee will be removed from our <a href=" https://www.ocbc.com/business-banking/help-and-support/accounts-and-services/business-pricing-guide">Business Banking Pricing Guide</a><br />from 15 March 2017.<br /><br />Please approach any of our branch staff if you have any further<br />questions. Alternatively, you can contact our Business Banking<br />Commercial Service Centre at +65 6538 1111.<br /><br />We look forward to serving you.</div> </li> </ul> </div> </div> </div> </div> </div> </div> </div> </div> </div> </section> <div class="container-fluid iw_section" id="sectionk1a5c4uy"> <div class="row iw_row iw_stretch" id="rowk1a5c4uz"> <div class="iw_columns col-lg-12" id="colk1a5c4v0"> <div class="iw_component" id="iw_comp1579255493836"> <script> $(document).ready(function(){ $('.masthead-component').parent().wrapAll('<div class="section section-masthead"> </div>'); $('.links-component').parent().wrapAll('<div class="section section-bottom" id="section-links"></div>'); $('.section-component').parent().wrapAll('<div class="section"></div>'); $('.notices-component').parent().wrapAll('<div class="section"></div>'); }); </script> </div> </div> </div> </div> <div class="container-fluid iw_section" id="sectionk1a5c4v8"> <div class="row iw_row iw_stretch" id="rowk1a5c4v9"> <div 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