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New Customer Promotion

Extended by Popular Demand!

From now until 30 June 2024, open a CIMB BusinessGo account by 31 May 2024 to earn 2.88%* p.a. on your balances, enjoy FREE* Telegraphic Transfers worldwide & WAIVER* of min. monthly balance on your account.

Apply Now
CIMB BusinessGo Promotion

Features & Benefits

Interest Bearing*
Telegraphic Transfer
Free Transactions
Zero Maintenance Fees
Additional Features

Rates

 Balance Tiers Base Interest p.a^

Promotion Interest p.a.

(until 30 June 2024)*
Account Balance of S$30,000.00 and below 0%

2.88%

 

 
Account Balance of S$30,000.01 - S$1,000,000.00 0.80%
Account Balance of S$1,000,00.01 - S$2,000,000.00 2.00%
Account Balance of S$2,000,000.01 and above 0.28%

IMPORTANT NOTES:

^ The base interest applicable to the respective individual tier balance in the Eligible Account are subject to the Customer maintaining the minimum daily balance prescribed by the Bank.

* Applicable for new customers on their entire balances who opens an account by 31 May 2024. 

 

Requirements

Earn up to 2.88%* p,a, on your balances & FREE PayNow/FAST/GIRO/Payroll transactions!

Minimum Monthly Average Balance

S$30,000 otherwise a fee of S$88 applies per month

 

For new customers until 30 June 2024:

Waiver* of minimum balance for new customers who open an account by 31 May 2024. 

Early Account Closure Fee

S$50 for accounts closed within 6 months of opening

How To Apply

Step 1

Prepare the following documents before you start your application online. Check the documents needed.

 

A Shariah-compliant alternative, BusinessGo-i is also available here.

Step 2

Click on the link below to begin your application. The application will take approximately 15 minutes* to complete. 

 

Apply Now

SERVICES BEYOND BANKING

Our curated list of partners are here to support your company in areas of digitalisation, halal opportunities, medical and corporate services. From free Digital Consultancy to discounted medical care for your employees, start enjoying these benefits today!

Find Out More
SERVICES BEYOND BANKING

BEST SGD-MYR FX RATE (BUSINESS)

Need to send money Malaysia for your business?

Enjoy the best exchange rate guaranteed*** when you do funds transfers to any account in Malaysia for your business transactions!

Find Out More
SG-MY FOR BUSINESS

CIMB USD Interest-Bearing Account

Enjoy BONUS interest of up to 2%* p.a.

From now till December 2023, enjoy bonus interest of up to 2%* p.a. by simply topping up into your USD interest-bearing current account.

Find Out More
CIMB USD Interest-Bearing Account

BEST SG-ID FX RATE (BUSINESS)

Need to send money to Indonesia for your business?

Enjoy the best** exchange rates when you do funds transfers to any account in Indonesia for your business transactions!

Find Out More
SG-ID FOR BUSINESS

 

Document Checklist

 

Unsure about the documents needed to apply for a CIMB BusinessGo account? Find out below!

Private Limited/Public Company

1. Certified true copies1

Memorandum and Articles of Association or Constitution.

 

2. NRIC/ Passport copy2 and specimen signatures of

  • All directors
  • All authorised signatories
  • All controlling persons (only if applicable to your company)
  • All Ultimate Beneficial Owners
  • All approving persons

 

3. Image with NRIC for ALL NRIC submitted above

1A certified true copy is a copy of an original document that has been stamped or signed with the word "Certified True Copy" to confirm the copy is true and authentic by the following persons:

For Private Limited or Public Company: 2 directors; or 1 director and 1 secretary; or 1 director if you have a single director

 

2*NRIC for Singapore Citizens and residents or passport copy for non-citizens

 

Download Document Checklist for Private Limited/ Public Company (EN)
Download Document Checklist for Private Limited/ Public Company (CN)

Partnership

1. Certified true copies1

Partnership agreement. 

 

2. NRIC/ Passport copy2 and specimen signatures of

  • All authorised signatories
  • All Partners (For Partnership Entities)
  • All approving persons

 

3. Image with NRIC for ALL NRIC submitted above

 

1A certified true copy is a copy of an original document that has been stamped or signed with the word "Certified True Copy" to confirm the copy is true and authentic by the following persons:

For Partnerships: 2 partners

 

2*NRIC for Singapore Citizens and residents or passport copy for non-citizens

 

Download Document Checklist for Partnership (EN)
Download Document Checklist for Partnership (CN)

Sole Proprietorship

1. NRIC/ Passport copy2 and specimen signatures of

  • All authorised signatories
  • All owners for Sole Proprietor
  • All approving persons

 

2. Image with NRIC for ALL NRIC submitted above

 

2*NRIC for Singapore Citizens and residents or passport copy for non-citizens

 

Download Document Checklist for Sole Proprietorship (EN)
Download Document Checklist for Sole Proprietorship (CN)

Quick Guide

 

Download the User Guide here. Or download the User Guide in Chinese here.

Still unsure on how to apply online? Watch the videos below.

Starting an Application

 

How To Open An Online Business Account?

Learn how to apply for a CIMB business account online via two options – Corppass or UEN (Business Registration Number). 

Business Info, Appointment Holders & Authorised Signatories

 

Business Info, Appointment Holders & Authorised Signatories

Quick guide on filling up the details pertaining to the Company business information, appointment holders and selecting your authorised signatories on CIMB’s online account application platform

Authorised Contacts & Board Resolution

 

Authorised Contacts & Board Resolution

Quick guide on selecting your authorised contacts and acceptance of the standard board resolution on CIMB’s online account application platform 

Declarations & Document Uploads

 

Declarations & Documents Upload Guide

Quick guide on online application declarations & documents upload on CIMB’s online account application platform. 

 

Quick Tips

 

Quick Tips

Added features available on CIMB's online account application platform

 

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Terms & Conditions

*Terms and conditions for the New Customers Interest Promotion apply. Click here for details.

 

^Terms And Conditions Governing The CIMB BusinessGo Account/CIMB BusinessGo-i Account apply. Click here for details.

 

Terms and Conditions Governing the Operations of Deposits Accounts apply. Click here for details.

 

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors 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.

 

Frequently Asked Questions (FAQ)

Who can apply for an online commercial banking account?

 

All businesses that are officially registered in Singapore are eligible to apply for a CIMB BusinessGo account online through our digital account application platform. The account is most ideal If you’re looking for a business current account earns you interest on your business funds. Once your application is complete and accurate, an email with your account number will be dispatched to you almost instantly. However, businesses that are based outside of Singapore should reach out to our Bank Representative for guidance on opening a commercial bank account with CIMB.

Will my commercial bank account be opened instantly?

 

If all required documents are appropriately submitted, your CIMB Singapore commercial bank account will be activated on the same day. If there are any discrepancies, a CIMB representative will reach out to you to address the issues with your CIMB BusinessGo application.

How will I be informed about the status of my commercial bank account opening?

 

Upon successful commercial bank account opening, you will first receive an acknowledgement email containing your account details. A follow-up email confirming the successful establishment of the interest-bearing business current account will be sent subsequently. These communications will be directed to the email address you provided during the account opening procedure for CIMB BusinessGo.

What is the estimated duration of the application process?

 

Completing an online application to open a commercial bank account typically takes around 15 minutes, provided all necessary documents are readily available for submission. You can open an online account directly, or learn more about the different business bank accounts available for online application on our website.

How can I confirm that my commercial bank account has been successfully opened?

 

An acknowledgement email will be sent to you, which contains your account details as an initial step. Following this, a separate confirmation email will be dispatched once the company banking account has been successfully established. These correspondences will be sent to the email address that you supplied during the account setup process. With the CIMB BusinessGO account, you can now earn interest to maximise your business savings.

 

What promotions or special services are currently available with the CIMB BusinessGo?

 

For a limited time, when you open a CIMB BusinessGo account by 31 Dec '23, you'll earn a high interest rate of 2.88%* p.a. on your balances.  Plus, enjoy FREE* Telegraphic Transfers worldwide and, waiver* of the minimum monthly balance on your account until 31 Jan '24.

 

Download the full Frequently Asked Questions (FAQ) here.

Download the full Frequently Asked Questions (FAQ) in Chinese here.

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