Treasury

The Best FX Rates for Overseas Payment Guaranteed*!

Your first^ overseas payment is on us — with zero fees and no CIMB Business Account required. After your first transfer, continue to enjoy competitive FX rates across 12 currencies and guaranteed* rates on SGD to MYR, THB, and IDR.
 

Make an overseas payment with us for free^!

 

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Getting started

Make a one-time overseas payment with no fees, no account required in just 10 mins^!

Simply follow the step-by-step guide below.

 

Step 1

Click here to start now and Log in with Corpass.

Step 2

Provide declarations and supporting documents.

You may provide the documents at a later stage (within 10 days from your 1st transaction).

Step 3

Provide beneficiary details and fund the transaction using PayNow QR from your existing company’s bank account.

Your transfer will be completed once payment instruction is received in order!

 

 

Same day* processing time

Malaysia: 8am to 2pm | Indonesia: 10am to 1pm | Thailand: 8am to 12pm

For more information on Major Currency Cut-off Time, please click here.

 

Enjoy our rates? Continue to make overseas payment with us 

 

Plus, enjoy the lowest telegraphic transfer fees1
 

Interested in making overseas payments and enjoy our Best Rate Guaranteed*?
 

Start by opening a CIMB business account. Once your account is opened, you can make local and overseas payments conveniently via our Online Banking - BizChannel@CIMB.

TT Charges1 via online banking

CIMB Business Accounts1

Bank A

Bank B

Bank C

Commission charges (excluding Agent fee if any)

S$5 - $18.88

(Free with FX Online) 

S$30

1/16%, min. S$10, max S$50

S$50

Log in to BizChannel@CIMB to make your local and overseas payment now!

 

 

Frequently Asked Questions (FAQ)

1. What does “best business FX rates guaranteed” mean?

 

We guarantee* you’ll receive one of the most competitive FX rates in the market when converting from SGD to MYR, THB, or IDR for business transactions. *Terms and conditions apply.

2. Do I need a CIMB business account to use FX Online service?

 

No. You can make your first FX transfer without a CIMB business account (one-time only), subject to T&Cs governing FX Online Transactions. If you would like to continue with our FX services, you may proceed to open any CIMB business account here

3. Are there any transfer or hidden fees for FX Online?

 

No, there is zero transfer fee for your 1st FX Online transaction.

4. What currencies are supported under FX Online?

 

For FX Online, we are able to transfer SGD to 12 currencies. They are AUD, CAD, CHF, EUR, GBP, HKD, IDR, JPY, MYR, NZD, THB, USD.

 

Kindly note the payment will only be made when the required currency by the customer is available.

5. What is the criteria for using FX Online?

 

  • Must be new CIMB commercial banking customer
  • Singapore-registered company with 100% local ownership
  • Has a valid Myinfo Business Corpass login accessed by a director

6. How do I make my first FX booking using FX Online?

 

It’s easy—just book now and follow the online instructions. You can refer here for the step-by-step instructions.

Looking for more info? Check out our FAQs here.

Terms & Conditions

 

^FX online allows businesses to make a one-time FX booking without having a CIMB Business Account subjected to the Terms & Conditions Governing FX Online. Click here for more details. 

 

1Kindly refer to our Corporate Pricing guide here for CIMB Business Accounts.

 

*Terms & Conditions Governing Best & Guaranteed rate. Click here for more details.

 

For More Enquiries