Product Snapshot

Basic USD account for your operating needs whilst earning a yield on excess money

Features & Benefits

Interest Bearing Account
Online Banking
Complimentary Statements
BizChannel@CIMB Mobile App
Virtual Account
Cheque Books

Requirements

Basic USD account for your operating needs whilst earning a yield on excess money

Minimum Monthly Average Balance

S$8,000, otherwise a fee of S$35 applies per month

Rates

Interest is accorded based on the deposit amount held in your CIMB USD Interest Plus Current Account.

Deposit Balance Interest Rate p.a*
Above US$500,000 0.02%
US$500,000 & below 0.00%

*Interest applied on entire balance.

Fees & Charges

Early Account Closure Fee

US$40 for accounts closed within 6 months of opening

 

Terms & Conditions

Find Out More

Want more information ?
 

Call us at +65 6438 7888 (Mon - Fri, 9.00am - 6.00pm) or

Email us at sg.commercialbanking@cimb.com

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

 

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

 

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

 

Quick Guide

User Guide (PDF)

 

Download the User Guide here.

 

Download the User Guide in Chinese here.

Frequently Asked Questions (FAQ)

 

Download the Frequently Asked Questions (FAQ) here.

 

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

Important Notices & Disclaimer

 

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.