Revision of Minimum Balance Requirements and Cheque Book Charges for Deposit Accounts from 5th July 2021
Dear valued customers,
We wish to notify you of the following changes that will be effective from 5th July 2021:
Monthly average minimum balance to maintain for CIMB Business Plus Current Account-i, CIMB SGD Business Interest Transaction Account will be revised to S$8,000. Should your average monthly balance fall below this amount, there will be a charge of S$35.
Monthly average minimum balance to maintain for CIMB USD Interest Plus Current Account and CIMB Current Account will be revised to US$8,000. Should your average monthly balance fall below this amount, there will be a charge of US$35.
All cheque books will be chargeable, from first book, at S$25 per book for all SGD CIMB commercial current accounts and US$25 per book for all USD CIMB commercial current accounts (with exception of both SGD BusinessGo/BusinessGo-i and USD BusinessGo-i accounts) and will be issued only upon request.
We apologise for any inconvenience(s) caused.
Other Terms & Conditions apply.
Click here for the Terms & Conditions governing the Operations of Deposits Accounts.
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
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