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SME ACCOUNT PROMOTION
*T&Cs apply. SGD deposits are insured up to S$100K by SDIC.
BUSINESS ACCOUNT-i PROMOTION
^Promotion ends 31 Dec 2025. T&Cs apply. SGD deposits are insured up to S$100k by SDIC.
Thinking about launching or growing your startup? Stay tuned for our next Startup Seminar, where aspiring entrepreneurs and early-stage founders come together to learn, connect, and take their businesses to the next level. Details of the next session will be announced soon—watch this space!
Grow your business, not your fees.
Managing cross-border payments just got more cost-efficient.
*Agent charges may apply.
Simplify your operations and reduce payment costs.
Secure and convenient banking at your fingertips
| Accounts | CIMB SME account | Bank D | Bank O | Bank U |
|---|---|---|---|---|
| Monthly Fees | 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 annum |
| 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 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 Transfer Fees | Promotion valid till 31 Jul’25: S$0 (for 12 months) via CIMB@BizChannel (excluding agent fee)
U.P.: $15 flat fee |
S$30 flat fee for outward telegraphic transfer | Information not available | Information not available |
No hidden fees. No limits. Get zero monthly fees and unlimited business transactions for the first year. Perfect for startups, young businesses and growing SMEs.
Private Limited/Public Company
Partnership
Sole Proprietorship
Terms & Conditions
Important Notices & Disclaimer
How do I open a CIMB SME account?
Who is eligible to open a CIMB SME account online?
Will my CIMB SME account be opened instantly?
How do I know if my CIMB SME account has been opened?
Will I be able to save my CIMB SME account application and come back at a later time to continue with it?
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Earn cash rebates of up to S$100, zero transaction fees, and more.
Earn 2.88%* p.a. from your 1st dollar and waiver of minimum balance from now till 31 Dec 2025.
Earn 2.88%* p.a.from your 1st dollar and waiver of minimum balance from now till 31 Dec 2025.