• Conventional Current Account

Internet banking facilities

Entitled to use Internet Banking facilities for bill payments and account enquiries.

BizAlert

Alerts on accounts activities delivered to you via SMS and email.

Find out more

Overdraft

Entitled to use Overdraft facilities if eligible.

Statements

Monthly statements every 20th or 30th of the month.

Cheque book

With a minimum initial deposit of RM1,000 you will receive a cheque book.


Eligibility:                                                                                                                     Minimum Requirements:

All business enterprises and corporations                                                             Initial deposit of RM1, 000

 

Documents:

 

 

Sole Proprietors

Peninsular Malaysia

1. NRIC / Identity Documents for Sole Proprietors

2. Form D (Perakuan Pendaftaran) / Form E (Perakuan Pembaharuan Pendaftaran)

3. Business Registration Information Form





Note: If the appointed signatory is a foreign national, please present valid passport and residency pass (ie; employment pass / work permit issued by Malaysian Authorities)

Sabah

1. NRIC / Identity Documents for Sole Proprietors

2. Form B (Lesen Berniaga / Business License)









Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysian Authorities)

Sarawak

1. NRIC / Identity Documents for Sole Proprietors

2. Business Registration Certificate (Sijil Pendaftaran)

3. Extract of Registration of Business Name (Ekstrak Pendaftaran Nama Perniagaan)

4. Form I (Borang I)

 

Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysian Authorities)

 

 

Partnerships

Peninsular Malaysia

1. NRIC / Identity Documents for Partners

2. Form D (Perakuan Pendaftaran) / Form E (Perakuan Pembaharuan Pendaftaran)

3. Business Registration Information Form

4. Bank’s Partnership Mandate Form (to be executed at CIMB Branch)



 

Note: If the appointed signatory is a foreign national, please present valid passport and residency pass (ie; employment pass / work permit issued by Malaysian Authorities)

Sabah

1. NRIC / Identity Documents for Partners.

2. Bank’s Partnership Mandate Form.

3. Form B (Lesen Berniaga / Business License)


 

 





Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysian Authorities)

Sarawak

1. NRIC / Identity Documents for Partners

2. Bank’s Partnership Mandate Form.

3. Business  Registration Certificate (Sijil Pendaftaran)

4. Extract of Registration of Business Name (Ekstrak Pendaftaran Nama Perniagaan)

5. Form I (Borang I)


 

Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysian Authorities)

 

 

 

Limited / Public Companies

For companies incorporated under the Companies Act 1965

-       NRIC / Identity Documents for Authorised Person & Authorised Signatories.

Certified copy of:

-       Resolution from Board of Directors (signed/certified by Co. Sec.) to open account & list of authorised signatories.

-       Form 24 Return of Allotment of Shares.

-       Form 49 Particulars of Directors

-       Memorandum & Articles of Association

-       Form 9 Certificate of Incorporation or Form 20-Certificate of Incorporation on conversion to Public Company

-       Form 13 Certificate of Change of Name (if applicable)

-       Form 44 Registered Office (if applicable)

-       Form 23 Certificate of Commencement of Business for Public Company

-       Photocopy of Identity Cards of Shareholders of 

      Individuals (with more than 25% controlling interest) / if

      Shareholder is a company (with more than 25% 

      controlling interest), to provide certified copy of Form 9 Certificate of Incorporation, Memorandum & Articles of Association, Form 24 & Form 49.

-       Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysian Authorities).

For companies incorporated under the Companies Act 2016

-    NRIC / Identity Documents for Authorised Person & Authorised Signatories.

Certified copy of:

-       Resolution from Board of Directors (signed/ certified by Co. Sec.) to open account & list of authorised signatories (S297)

-        Return of Allotment of Shares (S78) (if applicable)

-        Notification of Change in the Register of Directors, Managers and Secretaries (S58) (if available)

-        Constitution of a company1 (S31 & S35) (Optional for companies incorporated under Companies Act 2016)

-        Notice of Registration (S15) OR Notice for Conversion from private company to public company [S41(3)] OR Certificate of Incorporation (S17)

-        Notice of Registration of New Name [S28(3)(b)] (if applicable)

-        Notification of Change in the Registered Address [S46(3)] (if applicable)

-        Statutory Declaration on Entitlement to Commence Business by a Public Company (S190)

-        Shareholders with more than 25% controlling interest. If shareholder holds more than 25% controlling stake in a company, ensure to obtain certified true copy or notarized copies by Notary Public of the following documents:

-       Latest list of Shareholders;

-       Latest list of Directors and Company Secretary;

-       Certificate of Incorporation; and

-       Constitution of a company

-       1For customer without a written Constitution, to obtain a declaration and undertaking signed by person(s) authorized by the customer that it does not have a Constitution, together with an undertaking to provide CIMB with a Constitution, should the customer adopt a Constitution in the future.

Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysian Authorities).

 

 

Associations / Clubs / Societies, Mosques and Other Religious Bodies

 

Certified copy of:  

-       Resolution of Committee Members authorising opening of account & list of authorised signatories.

-       Authority Letter for Clubs / Societies

-       Rules & Regulations of Clubs / Associations including by-laws.

-       NRIC / Identity Documents for all authorised signatories.

-       Certificate of Registration.

Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysians Authorities)

 

 

Professional Firm Accounts
(For Law Firms only)

Peninsular Malaysia

-    Identity Card(s) & Practicing Certificate issued by the Bar Council.

-    Documentary Evidence of the registration of the Law Firm issued by the Bar Council.

-       Documentary Evidence of registration of the Law Firm’s Branch issued by the Bar Council  (only applicable if the Law Firm is opening an account for its Branch)

-    Bank’s Partnership Mandate Form for Partnership only.

 

 

Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysian Authorities).

Sabah

-   Identity Card(s) & Practicing Certificate issued by the High Court of Sabah & Sarawak.

-   Documentary Evidence of approval of the registration of the law firm issued by the High Court of Sabah and Sarawak.

-   Annual Certificate issued by the Sabah Law Society.

-   Bank’s Partnership

-  Mandate Form for  Partnership only.

 

 

Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysian Authorities).

Sarawak

-    Identity Card(s) & Practicing Certificate issued by the High Court of Sabah and Sarawak.

-   Business License of the Law Firm issued by the District Office.

-   Certificate of Registration of Firm Names issued by the Advocates Association of Sarawak.

-    Form I (Borang I).

-    Bank’s Partnership

-     Mandate Form for  Partnership only.

 

Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysian Authorities).

 

 

Other Professional Firm Accounts

Certified copy of:

-        Identity Card(s) & Practicing Certificate of all Owner(s).

-       Registration of Firm with professional association/ registration authorities.

-       Letter of Confirmation for Professional Accounts.

-       Bank’s Partnership Mandate Form for Partnership only.

Note: If the appointed signatory is a foreign national, to present valid passport and residency pass (i.e.; employment pass / work permit issued by Malaysian Authorities).

 

Products/Items Charges
Half- yearly service charge  RM10.00 for accounts with average credit balance of less than RM1,000
Search fees for account opening RM15.00 (not applicable for accounts opened by individuals and SMEs)
Interest charged on debit balance Minimum of RM5.00 or actual interest charged, whichever is higher
Stamp duty on cheques RM0.15 per cheque leaf
Processing fees on cheques RM0.50 per transaction
Stamp duty for third party mandate RM10.00
Service charge for third party mandate RM10.00
Despatch of cheques books by registered mail within Malaysia & Singapore RM10.00 per cheque book, irrespective of size
Cheque Books not collected after 30 days RM30.00 per cheque book
Current Account Statement - Free on a monthly basis
- RM20.00 per month for daily request
- RM10.00 per month for weekly request
- RM5.00 per month for fortnightly request
Additional / Reproduction of Current Account Statement for period up to 1 year RM10.00 (upfront)
RM2.00 (additional page)
Additional / Reproduction of Current Account Statement for period exceeding 1 year RM30.00 (upfront)
RM2.00 (additional page)
Cheque Return Charges - Insufficient Funds RM100.00 per cheque
Cheque Return Charges - Stop Payment with Insufficient Balance RM100.00 per cheque
Cheque Return Charges - Post Dated Cheque RM10.00 per cheque (to be paid by depositor)
Cheque Return Charges - Technical Reasons No charge
Stop Payment Instruction RM10.00 per instruction, irrespective of number of cheques
Commission of Outstation Cheques Purchased No commission
Money/Postal Order Deposits No commission
Interbranch Online Transactions (IBOT) No charge
Online Interbank GIRO (IBG) RM0.10 per transaction
Transfer of Funds within same branch by Instruction RM5.00 per transaction
Transfer of Funds to another branch by Instruction RM5.00 per transaction
Transfer of Funds to another Bank by Instruction - By Way of Drawing Voucher / Banker's Cheque Sent by Post RM5.00 per Drawing Voucher / Bankers Cheque and RM0.15 stamp duty on Banker's Cheque
Transfer of Funds to another Bank by Instruction - By RENTAS RM5.00 per transaction
Interbank Funds Transfer (For Penang & Johor Bahru Branches) RM5.00 per transfer of funds within the same clearing zone through BNM and cable charges of RM3.00 or RM6.00 respectively, if beneficiary banks are in West Malaysia or East Malaysia, where applicable
Closing of Current Account (within 3 months of its opening) RM20.00 & a half-yearly service charge on a prorate basis based on the number of completed months the account has been maintained
Closing of Current Account (after 3 months of its opening) RM10.00 & a half-yearly service charge on a prorate basis based on the number of completed months the account has been maintained
Third Party Cheque Encashment RM2.00 per cheque
Letter of Reference RM30.00 per letter
Certification/Confirmation/Statement Issued for EPF Member's Withdrawal RM20.00 per certificate/confirmation/statement
Referral of Cheques RM50.00 per cheque
DCHEQS Appeals (Removal from DCHEQS Offenders Blacklist) RM50.00 per appeal
DCHEQS Appeals (Revoke of DCHEQS Incidents) RM50.00 per account
Change of Signatories / Conditions RM10.00 per account per occasion
Service charge for Inward Unpaid Items (Unpaid Cheques Deposited) RM5.00 per envelope
Dishonoured cheque account appeals RM50.00 per account
ATM card annual fee RM8.00
Debit card annual fee RM15.00

 

Protected by PIDM up to RM250,000 for each depositor. To view PIDM's brochure, click here

Call Us
mybusinesscare@cimb.com
1300 888 828