Best SME Business Current Account/Transaction Account
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For Start-ups and cost-savvy SMEs
Zero* Fees and free local transcations
|
For high volume transactors
Zero Transactions Fees and Earn Cash Rebates (Valid till Jun'25) |
For Growth-Focused Business Savers
Earn highest* returns on SGD business Funds (Valid till Jun'25) |
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Zero account fee* for 1st year, thereafter S$28 per month No initial deposit, minimum balance and fall-below fee Unlimited Free local transactions (PayNow/FAST/GIRO) |
Earn up to S$100 cash rebate monthly Waiver of minimum balance Unlimited Free local transactions - PayNow/FAST/GIRO Waiver of Telegraphic Transfer fees (Valid till 30 Jun'25) |
CIMB SGD BusinessGo-i Account Earn 3%* p.a from your first dollar No monthly account fee Waiver of minimum balance |
Find out more | Find out more | Find out more |
Apply Now | Apply Now | Apply Now |
Account Type | SME-i Account Account |
CIMB TransactPlus-i Account | CIMB SGD BusinessGo-i Account | CIMB SGD Current Account-i | CIMB USD BusinessGo-i Account | CIMB Business Plus Current Account-i |
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Credit Profit |
Non-Profit bearing account |
Non-Profit bearing account | (Rates Effective from 3 Oct 2022)
Account Balance of S$30,000.00 and below | 0% Account Balance of S$30,000.01 - S$1,000,000.00 | 0.80% Account Balance of S$1,000,000.01 to S$2,000,000.00 | 2.00% Account Balance of S$2,000,000.01 and above | 0.28%
New Customer Promotion 3%* p.a. from 1st dollar until 30 June 2025 |
Non-Profit bearing account | (Rates Effective from 3 Oct 2022)
US$30,000.00 & below | 0% US$30,000.01 & above | 0.60%
New Customer Promotion 3.8%* p.a. from 1st dollar until 30 June 2025 |
No Standard rates, can be customized |
Fall Below Fee/Monthly Fee | Fall Below Fee: Waived
Monthly fee: Zero monthly account fees for first 12 months |
Fall Below Fee: Waived
Monthly fee: S$50 |
Fall Below Fee: S$88 per month if monthly average balance less than S$30,000
New Customer Promotion Waiver* until 30 Jun 2025
Monthly Fee: $0
|
Fall Below Fee: S$35 per month if monthly average balance less than S$8,000
$0 |
Fall Below Fee: US$50 per month if monthly average balance falls below US$30,000
Waiver* until 30 Jun 2025
Monthly Fee: $0 |
Fall Below Fee: S$35 per month if monthly average balance falls below S$8,000
$0 |
PayNow |
Waived | Waived | Waived | *Free outgoing FAST and PayNow FAST till 31 Dec 2024 and Free incoming PayNow till 31 Dec 2025. |
NA | *Free outgoing FAST and PayNow FAST till 31 Dec 2024 and Free incoming PayNow till 31 Dec 2025. |
FAST |
Waived | Waived | Waived | S$2 per item (For bulk, SGD1) | NA | S$2 per item (For bulk, S$1) |
GIRO |
Waived |
Waived | Waived | S$0.20 per item | NA | S$0.20 per item |
Telegraphic Transfer | S$15 flat (excluding Agent charge) |
S$5 flat (excluding Agent charge)
New Customer Promotion S$0^ for 6 months |
S$18.88 flat (excluding Agent charge)
|
Cable S$30 Commissions 0.0625% (min. S$10, max. S$50) Agent fee (if applicable) |
S$50 (without FX) / S$20 (with FX) | Cable S$30 Commissions 0.0625% (min. S$10, max. S$50) Agent fee (if applicable) |
eAlerts | Free e-Alerts | Free e-Alerts | Free e-Alerts | Waived for first 3 months Subsequent monthly fee – S$5 flat per account |
Waived for first 3 months Subsequent monthly fee – S$5 flat per account |
Waived for first 3 months Subsequent monthly fee – S$5 flat per account |
Cheque Book |
Available upon request at S$25 per book | Available upon request at S$25 per book | First cheque book fee waived. Subsequent cheque book requested will be charged at S$25 per book |
Available upon request @ S$25 per book | Available upon request @ US$25 per book | Available upon request @ S$25 per book |
Transactional Rebate | NA | Cash rebate of S$2 to customer for each outward payment done via BizChannel (capped at S$100 per month) |
NA | NA | NA | NA |
Private Limited/Public Company
Partnership
Sole Proprietorship
Who is eligible to open an online business current account with CIMB?
Will my business bank account be opened instantly?
How do I know if my company bank account has been opened?
Will I be able to save my business account application and come back at a later time to continue with it?
Terms & Conditions
Fact Sheet
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