Back

Current Account

Kickstart your business growth with the right banking tools

Maybank FlexiBiz Account #ForYou

Important Notice


Changes to FlexiBiz Account Fees

From 1 November 2023, the charges for cheque usage will be raised for SGD-denominated cheques.

We have prepared a list of Frequently Asked Questions and the new charges for your reference.

Promotions


Be rewarded when you transact online

From now till 31 December 2024, use Maybank for your monthly payroll or PayNow Corporate and be rewarded.

 

Find Out More

Terms and Conditions apply.


Receive FREE PayNow SGQR labels from us!

Apply for PayNow on SGQR via Business Internet Banking and receive complimentary SGQR labels*!

 

Find Out More

Terms and Conditions apply.

Benefits


  • No monthly fees
  • Free access to Business Internet Banking Services 24/7
  • Complimentary all-in-one business debit card
  • Attractive interest rates of up to 0.038% p.a.
  • Instant fund transfer via FAST at only S$0.50 per transaction

Interest Rates


Account BalanceInterest Rate

First S$50,000

0.018% p.a.

Next S$450,000

0.028% p.a.

Remaining balance above S$500,000

0.038% p.a.

Rebate Benefits

Transact Digitally, Save More and Save the Environment
By switching to e-payments, not only do you turn your essential transactions into exceptional savings every month, you are also contributing to sustainability through reducing the environmental impact of using physical notes and cheques.

Refer to table for list of eligible rebates.


Tier 1: Required Average Daily Balance (ADB) of S$30,000 to S$99,999

Eligible TransactionsRebate Amount

Instant Fund Transfer via FAST

100% rebate of charges
capped at 30 transactions per month

GIRO Payments

100% rebate of charges
capped at 30 transactions per month

Automated Salary Payment1

100% rebate of charges

Fund Transfer to banks in Malaysia via Maybank Overseas Transfer3

25% rebate of charges2

International Telegraphic Transfer2

25% rebate of charges2

 

Tier 2: Required Average Daily Balance (ADB) of S$100,000 to S$499,999

Eligible TransactionsRebate Amount

Instant Fund Transfer via FAST

100% rebate of charges
capped at 120 transactions per month

GIRO Payments

100% rebate of charges
capped at 120 transactions per month

Automated Salary Payment1

100% rebate of charges

Fund Transfer to banks in Malaysia via Maybank Overseas Transfer3

50% rebate of charges2

International Telegraphic Transfer2

50% rebate of charges2

 

Tier 3: Required Average Daily Balance (ADB) of S$500,000 and above

Eligible TransactionsRebate Amount

Instant Fund Transfer via FAST

100% rebate of charges
capped at 200 transactions per month

GIRO Payments

100% rebate of charges
capped at 200 transactions per month

Automated Salary Payment1

100% rebate of charges

Fund Transfer to banks in Malaysia via Maybank Overseas Transfer3

50% rebate of charges2

International Telegraphic Transfer2

50% rebate of charges2

 

1 Automated Salary Payment refers to Maybank's APS+ payment by Preset Template/File Upload
2 "Contract rates" for foreign exchange transactions for International Transfer initiated on Business Internet Banking are not applicable for the Promotion.
3 Maybank Overseas Transfers to other banks in Malaysia will commence from 7 November 2023.

Terms and Conditions Governing Rebate Benefits (PDF)

Eligibility


  • Sole proprietors
  • Partnerships
  • Limited Liability Partnerships (LLP)
  • Incorporated Companies
  • Charities
  • Societies
  • Associations

 

Documents Requirement

  • Click here to view the required documents for account opening

 

Initial Deposit

  • S$1,000

Account opening is subject to the Bank's approval.

Fees and Charges


DescriptionFees and Charges
Cheque Issuance

First 30 cheques free per month, S$0.75 per cheque thereafter (till 31 October 2023)

S$0.75 per cheque (from 1 November 2023)
Cheque Deposit

Free (till 31 October 2023)

Free until further notice (from 1 November 2023)

Minimum Balance Fee

S$10 per month (From 1 February 2022)

if the average daily balance falls below S$1,000

Early Account Closure Fee

S$50 if account is closed within 6 months of opening

Overdraft Accounts Fees

Excess interest charge 3% p.a. + Prescribed Interest Charge or 5% p.a. + Prime Lending Rate, whichever is higher, subject to a minimum of S$20

Others

Click here to view other applicable Bank charges for the Current Account

Other Information