CIMB Online Account Application
Thanks for the interest in coming on-board! Bestar partners with CIMB to refer corporate accounts to CIMB Singapore.
Online Business Account Opening Service (OBCA) via CIMB Online
CIMB’s online account application platform aims to make on-boarding of SME clients more convenient and efficient by eliminating the need for trips to branches for submission of documents, verification of signatories, etc.
Clients do not need to come to branch or meet a RM in order to open a business account with CIMB SG. Your directors are not required to be physically present for signature verification.
Eligibility to Open an Account Online
This service is available to companies who are registered either in Singapore or Malaysia. They can open an account online via online account application platform. If your application is in order, you will be able to receive your account number almost immediately via email.
Applying For Accounts For Companies Outside Singapore and Malaysia
For businesses located elsewhere, you can contact us for the Bank Representative to assist you with your application to open an account with CIMB.
How Long it Takes to Complete the Application
An online account application will take approximately 15 minutes to be completed with submission of necessary documentations.
Your account with CIMB Singapore will be opened on the same day if all the necessary documents submitted are in order.
Some Useful Summary Points and Materials
CIMB SME account (highly recommended account type for SMEs)
Business account with no minimum balance/fall-below fee requirements, bundled with domestic payments at zero fees (for FAST, PayNow, GIRO, Payroll) and flat $15 fee for overseas remittances.
CIMB BusinessGo account (suitable for cash-rich SMEs)*
Business account with high interest rates of up to 2%, bundled with domestic payments at zero fees (for FAST, PayNow, GIRO, Payroll) and flat $18.88 fee for overseas remittances.
*the bank has launched a new promo starting 1 Aug 2023 whereby all BizGo clients will enjoy 2.88% interest from 1st $, min balance fee waiver and TT fee waiver until 31Jan2024
Start Applying Today
Start your CIMB business account application now!
Thank you and we look forward to working with you!
About CIMB - One of the Top Banks in ASEAN
CIMB Group is a leading focused ASEAN bank and one of the region’s foremost corporate advisors. It is also a world leader in Islamic finance. The Group is headquartered in Kuala Lumpur, Malaysia, and offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services. It is the fifth largest banking group by assets in ASEAN and, as at the end of June 2023, had around 33,000 staff and around 22 million customers. CIMB Group Holdings Berhad has been listed on the Main Market of Bursa Malaysia since 1987 and has market capitalisation of RM54.0 billion as at 30 June 2023. As at 30 June 2023, total assets stood at RM720.3 billion, with total shareholders’ funds of RM67.0 billion and total Islamic assets of RM195.0 billion. At the end of June 2023, the substantial shareholders were Khazanah Nasional Berhad with 24.1%, Employees Provident Fund with 14.2% and Kumpulan Wang Persaraan (Diperbadankan) with 6.2%.
Bestar is a Singapore-based accounting firm that provides a wide range of accounting, bookkeeping, audit, tax, financial advisory, consulting, risk management, and related services to businesses and individuals. The firm was founded in 2010 and has offices in Malaysia and Hong Kong. Bestar has a team of experienced professionals who are dedicated to providing high-quality service to their clients.
Here are some of the services that Bestar provides:
Accounting: Bestar provides a full range of accounting services, including bookkeeping, financial reporting, and tax preparation.
Bookkeeping: Bestar can help you keep your books up to date and ensure that your financial records are accurate and compliant with accounting standards.
Audit: Bestar can provide an independent audit of your financial statements to help you identify and address any potential problems.
Tax: Bestar can help you with all of your tax needs, including tax planning, tax preparation, and tax compliance.
Financial Advisory: Bestar can provide financial advisory services to help you make informed decisions about your finances.
Consulting: Bestar can provide consulting services to help you improve your financial performance and achieve your business goals.
Risk Management: Bestar can help you identify, assess, and manage your financial risks.
Bestar is a reputable and experienced firm that can provide you with the accounting and financial services you need to succeed.
Here are some of the benefits of working with Bestar:
Experienced professionals: Bestar has a team of experienced professionals who are dedicated to providing high-quality service to their clients.
Wide range of services: Bestar provides a wide range of accounting and financial services to meet the needs of businesses and individuals.
Commitment to quality: Bestar is committed to providing high-quality service to its clients.
Reputation for excellence: Bestar has a reputation for excellence in the accounting industry.
As always, do contact us if you have any queries, or if you require any clarifications