From 1 July 2024, the charges for cheque usage will be raised for all SGD denominated corporate cheque depositing.
We have prepared a list of Frequently Asked Questions and the new charges for your reference.
Current Account
Everyday business transactions now made easier with the convenience of business internet banking
Maybank Singapore Dollar Current Account
Promotions
Bonus Interest for new customers
From now till 30 June 2025, received Bonus Interest on your Maybank SGD Corporate Current Account.
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*!
Terms and Conditions apply.
Benefits
- Complimentary all-in-one business debit card
- Free access to Business Internet Banking Services 24/7
- Instant fund transfer via FAST at only S$0.50 per transaction
Eligibility
Who can apply
- 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
| Description | Fees and Charges |
|---|---|
| Cheque Issuance |
S$0.75 per cheque (from 1 November 2023) |
| Cheque Deposit |
Free (till 30 June 2024) S$0.75 per cheque (from 1 July 2024) |
| Fall-below fee (per month) | S$35 (when the monthly average balance falls below S$10,000) |
| Early Account Closure (within 6 months) | S$50 early account closure fee (if the 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 |