• Quick Guarantee (QG)
  • A simplified version of our Bank Guarantee applications process with faster turnaround time and simple documentation.
  • The application process is designed to be simple and easy with a single application form.

Fast turnaround time

Between one (1) to three (3) working days

Simplified documentation

Simplified application process with minimal documentation


Available at all CIMB Branches nationwide

  • Individuals and Businesses (registered in Malaysia)
  • CIMB Bank Current Account or Savings Account holders
  • First party application only
  • Subject to CIMB Bank’s approved beneficiary formats

Maximum Amount and Tenor:    

  • Maximum amount of RM500,000 per transaction
    and RM1 million per applicant
  • Maximum tenor of thirty-six (36) months excluding claims period

Documents Required:   

  • Bank Guarantee format from beneficiary (if applicable)
  • Individuals: Copy of customer’s Identification Card (IC)
  • Businesses:
  1. For Sole Proprietors and Partnerships:
    - Copy of Identification Card (IC) (for all owners)
    - Borang D or E
  2. For Sendirian Berhad/ Berhad:
    -Certified true copies of Form 24 and Form 49 by
     company secretary  

Cut-Off Time: 
* 12.00 noon for same day issuance by 4.00 p.m.
(Subject to complete application and stamping of Bank Guarantee is done by customer. In the event where customer requests CIMB Bank to stamp the Bank Guarantee, it may take up to 3 working days for customer to receive the stamped Bank Guarantee.)

Types of Products/Services Fees & Charges Cut-off time for transaction to be processed
Issuance & Amendment - Commission 0.159% Per month (including claim period) or minimum RM159.00 

Same Day Issuance:

Monday to Friday : 12pm same day

3 working days issuance :

Monday to Friday : 4pm

Other Charges  Fees & Charges  
Stamp Duty - Quick Guarantee Application Form RM10  
Stamp Duty - Bank Guarantee RM10 (If applicable)  
Postage RM5.30  
Courier RM21.20 (If applicable)  


Fees & charges above may be subjected to Goods and Services Tax (GST) at Zero-Rated, if transactions relate to movement of goods outside Malaysia.

CIMB Bank Berhad reserves the right to vary the fees and charges stated above with prior notice to or as agreed with the customer in the Letter of Offer.

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