SGD operating account with preferential interest rates and free PayNow FAST*

*Free outgoing FAST and PayNow FAST till 31 Dec 2024 and Free incoming PayNow till 31 Dec 2025. 

Open any Business Account-i and receive $20^ cash credit!

^Promotion ends 31 Dec 2025. T&Cs apply. SGD deposits are insured up to S$100k by SDIC.

bizgoi

Features & Benefits

Interest Bearing Account
S$0 Monthly Fees
Digital Banking
Complimentary Statements
Cheque Books

Requirements

SGD operating account with preferential interest rates and free PayNow FAST*

Minimum Monthly Average Balance

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

 

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

Fees & Charges

Early Account Closure Fee

S$50 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. 

 

Apply Now

 

Document Checklist

 

Get ready to open a CIMB SGD Business Interest Transaction account with us and enjoy our services. To speed up the process, please have the following documents ready

 

Private Limited/Public Company

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

 

Partnership

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

 

Sole Proprietorship

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

 

Need help with applying your business account online? View our guided videos or download the Online Account Application English User Guide, and the Online Account Application Chinese User Guide for more information.

 

For Bizchannel Onboarding, please view the step-by-step guide here

User Guide (PDF)

 

Download the User Guide here

Download the User Guide in Chinese here

Frequently Asked Questions (FAQ)

Download the Online Account Application Frequently Asked Questions (FAQ) here.

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

Important Notices & Disclaimer

^Terms and conditions for the cash credit promotion. Click here for details.

 

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.