Best SME Business Current Account/Transaction Account
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Accounts | CIMB SME Account | Bank D | Bank O | Bank U |
---|---|---|---|---|
Monthly Fee | S$0 monthly fees (1st year), thereafter S$8 per month |
S$50 per annum | S$10 (waived for the first 2 months) | S$35 per month |
Minimum monthly balance | S$0 initial deposit, minimum balance & fall-below fees |
No initial deposit Minimum balance: S$10,000 S$40 monthly service charge |
Initial deposit: S$1,000 Minimum balance: S$1,000 Falll below fee: S$15 |
Initial deposit: S$1,000 Minimum balance: S$5,000 Fall below fee: S$15 |
Transaction charges | S$0 Unlimited free business transactions (Paynow/FAST/GIRO) | 50 free FAST and 50 free GIRO payments per month | 80 free FAST and 80 free GIRO per month | 60 free FAST and 60 Paynow payments per month Free Bulk GIRO |
Telegraphic Fees | Promotion valid till 30 Jul’25: S$0 (for 12 months) via CIMB@BizChannel (excluding agent fee)
U.P.: $15 flat fee |
S$30 flat fee for outward TT | Information not available | Information not available |
Gain practical insights into securing government grants, mastering cash flow management, and implementing effective accounting practices to drive your startup's success. This encapsulates the core benefits of attending the seminar, focusing on actionable knowledge that can directly impact a startup's operations and growth.
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