Features & Benefits

Interest Bearing*
Free FAST Transactions
Zero Maintenance Fees
Virtual Account
Additional Features

Requirements

Minimum Monthly Average Balance

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

Rates

 Balance Tiers¹ Base Interest p.a²
Account Balance of S$0 – S$30,000 Nil
Account Balance of S$30,001 - S$1,000,000 0.10%
Account Balance of S$1,000,001 - S$2,000,000 0.30%
Account Balance of S$2,000,001 and above 0.05%

1 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.

 

2 Interest rates are subject to change at the Bank’s discretion.

Fees & Charges

Early Account Closure Fee

S$40 for accounts closed within 6 months of opening

Terms & Conditions

How To Apply

Step 2

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

 

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

 

Apply Now

 

Document Checklist

 

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 the Document Checklist for Private Limited/ Public Company here.

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 the Document Checklist for Partnership here.

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 the Document Checklist for Sole Proprietorship here.

Quick Guide

 

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). 

 

Starting an Application

Declarations & Documents Upload Guide

 

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

 

Declarations & Document Uploads

User Guide (PDF)

 

Download the User Guide here.

Frequently Asked Questions (FAQ)

 

Download the Frequently Asked Questions (FAQ) here.

Important Notices & Disclaimer

3 Free regardless of number of users

 

Deposit Insurance Scheme

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.