Features & Benefits

Shariah-Compliant
Access BizChannel@CIMB
Free Monthly Statements

Requirements

Minimum Initial Deposits

US$ 3,000

Minimum Monthly Average Balance

If at any time of the month, the balance falls below US$3,000, a fee of US$20 applies.

Rates

Account Balance² Profit Rates p.a.¹
US$500,000 and below 0.00%
Above US$500,000 0.05%

Fees & Charges

How To Apply

Step 1

Prepare the following documents before you start your application online.

 

Document Checklist:
 

Certified true copies^ of the following company documents:

 

1. For private limited companies:

    Memorandum and Articles of Association or Constitution

 

2. For partnership/ limited partnerships, or limited liability partnerships that have a partnership agreement:

    Partnership agreement

 

^A certified true copy is a copy of an original document that has been stamped or signed with "CTC" 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

For partnerships: 2 partners

- For sole proprietorship: The business owner

 

NRIC/ FIN/ Passport copy* and specimen signatures of the following persons:

 

  • All person who can sign off this application#
  • All authorised signatories
  • All approving persons (unless you are a sole proprietorship)
  • All controlling persons (only if applicable to your company)

 

#Persons who can sign off this application:

  • ID documents for Directors and Ultimate Beneficial Owners (if applicable)
  • For private limited or public company: 2 directors; or 1 director and 1 secretary; or 1 director if you have a single director
  • For partnerships: 2 partners
  • For sole proprietorship: The business owner

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

Step 2 

 

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

 

Terms & Conditions

1 Profit rates are set at the Bank's discretion and are subject to change without prior notice.

 

2 A minimum balance of US$3,000 will have to be continuously maintained at the end of each day until the last day of the calendar month before the profit for the entire month will be accrued and credited to your CIMB USD Business Current Account-i on the last day of the same month. If the CIMB USD Business Current Account-i is opened on a date after the first of the calendar month, the profit will be calculated and accrued based on the remaining number of days in that month in which a minimum balance of US$3,000 is continuously maintained in the CIMB USD Business Current Account-i, and the prorated profit will then be credited to the account on the last day of the same month.

 

Terms & Conditions apply.