Make cross-border payments to Malaysia with the best* exchange rates!

1. Download the Frequently Asked Questions (FAQ).

2. Download the MYR Declaration Form.

3. Download the BizChannel@CIMB Maintenance Form here.

4. Find out how to approve a transaction between 8am to 2pm.

5. Find out how to approve a transaction outside the 8am to 2pm window.

6. Find out how to create a remittance transaction.

Please view our *Terms & Conditions here.

To secure the best exchange rate between Singapore and Malaysia, simply log into BizChannel@CIMB (-online) or BizChannel@CIMB Mobile App and perform Telegraphic Transfers using the Live Rate feature.

During the Telegraphic Transfer process on BizChannel@CIMB, you will be presented with an indicative rate. Transactions conducted outside the 8am to 2pm window and on non-business days, will be processed on the following business day, ensuring the utilisation of the current value date to secure the best exchange rate for Singapore to Malaysia money transfers.

The maximum transfer limit for each B2B cross-border payment transaction between Singapore and Malaysia is set at S$1 million equivalent, subject to your company's pre-configured corporate limit. If you require assistance with transfers exceeding S$1 million, please contact our Corporate Sales team at +65 6733 3838 during the bank's business hours from 9am to 2pm.

No. The best exchange rate is applicable to money transfers from Singapore to any bank in Malaysia. You can make Telegraphic Transfers to your beneficiary holding account with any Malaysian bank and still enjoy competitive rates.

You can apply for a corporate current account or an SME bank account online by visiting our CIMB business banking website. Detailed information and FAQs regarding the online account application process are available on our website.