Features & Benefits

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

Requirements

Minimum Initial Deposit

US$30,000

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 0.08%
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 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.

 

 

Important Notices & Disclaimers

*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.