Is OCBC Business available for business in Australia?

Availability

OCBC Business for business in Australia: Available with limits

Key eligibility: For corporate banking in Australia, a larger company that engages OCBC's Sydney branch directly. For OCBC's self serve SME accounts, a Singapore registered entity is required, so an Australian only company does not qualify for those.
Non resident position: OCBC corporate banking in Australia is relationship managed rather than self serve, and is aimed at larger corporates. Its retail and SME business accounts are Singapore based.
Local currency support: Australian dollar and major currencies are handled through OCBC's Australian corporate banking branch. The 100 percent online multi currency SME account is opened in Singapore, not Australia.
Headline monthly fee: Corporate banking in Australia is relationship priced, with no published self serve SME account fee for Australian registered businesses. Verify current terms with OCBC.

Availability and fees as of 25 January 2026Last reviewed 25 January 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Partly. As of 25 January 2026, OCBC operates a corporate banking branch in Australia that serves larger corporates through relationship managed services. It does not offer a self serve small business account to Australian registered companies; its online SME accounts are opened in Singapore. Smaller Australian businesses are better served by the options listed for Australia.

Does OCBC Business serve business customers in Australia?

OCBC Bank, headquartered in Singapore, runs a corporate banking branch in Sydney that provides lending, deposit taking, trade finance and treasury services to larger corporates across industries such as telecommunications, healthcare, manufacturing, retail, transport and logistics. That presence is relationship managed and aimed at sizeable companies. OCBC's everyday SME business accounts, including its online multi currency account, are opened in Singapore and require a Singapore registered entity, so a business registered only in Australia cannot open those online accounts.

Eligibility for businesses in Australia

Access to OCBC corporate banking in Australia is arranged directly with the branch and depends on the size and profile of the business. OCBC's self serve SME accounts require a Singapore registered company and, for instant online opening, a Singpass login, neither of which an Australian only business will have. Verify with the provider

What it costs locally

OCBC does not publish a self serve SME account price list for Australian registered businesses. Corporate banking pricing in Australia is set per relationship. The published SME account fees on its website apply to Singapore accounts. As of 25 January 2026

What local users report

Larger Australian businesses use OCBC for trade finance and treasury through its Sydney branch. Smaller Australian businesses report that they cannot open OCBC's online SME accounts without a Singapore entity, and use Australian providers for everyday banking.

OCBC runs a corporate banking branch in Sydney that serves larger corporates through relationship managed lending, deposits, trade finance and treasury services. It does not offer a self serve small business account to Australian registered companies; its online SME accounts are opened in Singapore and require a Singapore registered entity. Larger Australian businesses can approach OCBC corporate banking directly, while smaller businesses will find self serve options on the Australia country guide. Position as of 25 January 2026; verify directly with the provider.

Questions about OCBC Business in Australia

Can an Australian business open an OCBC account?

A larger company can engage OCBC's Sydney corporate banking branch for lending, deposits, trade finance and treasury. OCBC's self serve SME accounts require a Singapore registered entity, so an Australian only business cannot open those online. As of 25 January 2026, verify with the provider. This is general information, not advice.

Does OCBC offer an online SME account in Australia?

No. Its instant online SME accounts are Singapore based and need a Singapore entity and a Singpass login. As of 25 January 2026 an Australian registered business cannot open those online; confirm the current position with the provider.

What does OCBC's Australia branch do?

OCBC's Sydney branch provides corporate banking, including lending, deposit taking, trade finance and treasury services for larger corporates. It is relationship managed rather than a self serve account product. As of 25 January 2026.

What can a small Australian business use instead?

Self serve providers confirmed for Australian business customers are listed on the Australia country guide, including local banks and online multi currency options. Availability changes, so verify with each provider before applying. As of 25 January 2026.

Availability, fees, and eligibility change. This page was last reviewed on 25 January 2026. Confirm the current position with OCBC Business before applying.