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Exclusive business benefits!

Get S$200 Cash Sign-up Bonus

waiver of min. balance, Free TT transfer and higher interest/profit on your Business Accounts!

For companies that are also incorporated in Malaysia, you can open a business account with CIMB Singapore. Simply follow the instructions on the application page and apply online! 

 

Exclusive business benefits!

 

Currency SGD USD
Account Type CIMB SME Account/ SME-i Account CIMB BusinessGo/ BusinessGo-i CIMB USD Interest Plus Current Account CIMB USD BusinessGo-i Account
Credit Interest/Profit X

✔️

Earn 2.68%* p.a. from 1st dollar till 31 Jan’25 (For new account sign up before 31 Dec'24)

✔️

Earn 3.88%* p.a. from 1st dollar (capped at US$3mil) till 31 Jan’25 (For new account sign up before 31 Dec'24)

✔️

Earn 0.60%# p.a. for deposit balance US$30,001 & above
Monthly Fee

✔️

Exclusive Benefit:

Waived until 31 Dec 2025^

 X X X
Minimum balance

X

✔️

Exclusive Benefit:

Waived until 31 Dec 2025^
PayNow/FAST/GIRO Waived Waived N.A. N.A.
Telegraphic Transfer

✔️

Exclusive Benefit:

Free until 31 Jan 2025^
Virtual Account

✔️

Exclusive Benefit:

Free 2^ Virtual Accounts
Sign Up Bonus

✔️

Exclusive Benefit:

S$200 Cash upon successful sign-up^
APPLY NOW

CIMB SME Account

CIMB SME-i Account

CIMB BusinessGo

CIMB BusinessGo-i

 CIMB USD Interest Plus Current Account CIMB USD BusinessGo-i Account

Document Checklist

 

Before applying for your business bank account online with CIMB, it’s best to have the following documents ready to speed up the process.

 

Private Limited/Public Company

1. Certified true copies1

Memorandum and Articles of Association or Constitution.

 

2. NRIC/ Passport copy2 and specimen signatures of

  • All directors
  • All authorised signatories
  • All controlling persons (only if applicable to your company)
  • All Ultimate Beneficial Owners
  • All approving persons

 

3. Image with NRIC for ALL NRIC submitted above

1A certified true copy is a copy of an original document that has been stamped or signed with the word "Certified True Copy" to confirm the copy is true and authentic by the following persons:

For Private Limited or Public Company: 2 directors; or 1 director and 1 secretary; or 1 director if you have a single director

 

2*NRIC for Singapore Citizens and residents or passport copy for non-citizens

 

Download Document Checklist for Private Limited/ Public Company (EN)
Download Document Checklist for Private Limited/ Public Company (CN)

Partnership

1. Certified true copies1

Partnership agreement. 

 

2. NRIC/ Passport copy2 and specimen signatures of

  • All authorised signatories
  • All Partners (For Partnership Entities)
  • All approving persons

 

3. Image with NRIC for ALL NRIC submitted above

 

1A certified true copy is a copy of an original document that has been stamped or signed with the word "Certified True Copy" to confirm the copy is true and authentic by the following persons:

For Partnerships: 2 partners

 

2*NRIC for Singapore Citizens and residents or passport copy for non-citizens

 

Download Document Checklist for Partnership (EN)
Download Document Checklist for Partnership (CN)

Sole Proprietorship

1. NRIC/ Passport copy2 and specimen signatures of

  • All authorised signatories
  • All owners for Sole Proprietor
  • All approving persons

 

2. Image with NRIC for ALL NRIC submitted above

 

2*NRIC for Singapore Citizens and residents or passport copy for non-citizens

 

Download Document Checklist for Sole Proprietorship (EN)
Download Document Checklist for Sole Proprietorship (CN)

Quick Guide

 

Need help with applying your business account online? View our guided videos or download the Online Account Application English User Guide, and the Online Account Application Chinese User Guide for more information.

For Bizchannel Onboarding, please view the step-by-step guide here. 

Starting an Application

 

How To Open An Online Business Account?

You can do it online via two options – Corppass or UEN (Business Registration Number). 

Business Info, Appointment Holders & Authorised Signatories

 

Business Info, Appointment Holders & Authorised Signatories

How to fill up the details pertaining to the Company business information, appointment holders and selecting your authorised signatories.

Authorised Contacts & Board Resolution

 

Authorised Contacts & Board Resolution

Selecting authorised contacts and accepting the standard board resolution are two main steps when applying for a business bank account online with CIMB. Understand how to properly choose and approve these elements for the best possible result.

Declarations & Document Uploads

 

Declarations & Documents Upload Guide

Submitting online declarations and uploading relevant documents is another requirement when you are opening your business account online. Doing so correctly will help make the application process smooth and successful.

 

Quick Tips

 

Quick Tips

Discover the added features available on CIMB's online account application platform.

 

 

Frequently Asked Questions (FAQ)

 

Download the Online Account Application Frequently Asked Questions (FAQ) here.

Download the Online Account Application Frequently Asked Questions (FAQ) in Chinese here.

 

More Information

 

Terms & Conditions

^Terms and conditions apply. Click here for Promotion details.

#Terms and conditions apply. Please refer to the respective page for details.

*Terms and conditions for the New Customers Interest/Profit Promotion apply. Click here for SGD details and here for USD details.

 

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. 

 

For full Terms & Conditions of all accounts, click here.

 

 

 

Fact Sheet

 

Download the Fact Sheet here.

Awards & Recognition

 

CIMB’s commitment to excellence is reflected in its awards and recognitions. These accolades underscore our dedication to providing unparalleled services and innovative solutions for our clients.

 

Global SME Banking Innovation Awards 2024

Best SME Business Current Account/Transaction Account 

Global SME Banking Innovation Awards 2024

Best SME Beyond Banking Service Initiative

Asian Banking & Finance Wholesale Banking Awards 2023/24

Singapore International Cash Management Bank of the Year

Explore the full list of awards and recognitions to understand more about our achievements.

Related articles

Featured Promotions

 

SERVICES BEYOND BANKING

Our curated list of partners are here to support your company in areas of digitalisation, halal opportunities, medical and corporate services. From free Digital Consultancy to discounted medical care for your employees, start enjoying these benefits today!

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SERVICES BEYOND BANKING

BEST SG-MY FX RATE (BUSINESS)

Send funds to Malaysia with the best* exchange rate!

Enjoy the best exchange rate guaranteed* when you do funds transfers to any account in Malaysia for your business transactions!

Find Out More
SG-MY FOR CONSUMER

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