Features & Benefits

Shariah-Compliant
Virtual Account
BizChannel@CIMB
Complimentary Statements
Cheque Books

Requirements

Minimum Monthly Average Balance

US$30,000 otherwise a fee of US$50 applies per month

Profit Rates 

Deposit Balance* Profit Rate p.a*
US$30,000 & above 0.02%
Below US$30,000 0.00%

Fees & Charges

Early Account Closure Fee

US$50 for accounts closed within 6 months of opening.

Terms and Conditions

*Profit rates are subject to change at the Bank’s discretion.

How To Apply

Step 2

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

 

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

*The Base Profit rate applies to the entire balance in the Eligible Account subject to the Customer maintaining the minimum daily balance prescribed by the Bank. Profit rates are set at the Bank's discretion and subject to change without prior notice.