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 cheques charges for your reference.
SME Deposits
Manage your conveyance funds with ease at competitive charges
Maybank Conveyancing Account #ForYou
Benefits
- Monthly statement with details on deposit and withdrawal for each transaction file reference
- No minimum balance requirement or monthly fees
- Waiver of MEPS charges for payment of stamp duty to IRAS
Eligibility
Who can apply
- Law firms which are registered to practise law in Singapore
Documents Requirement
- Click here to view the list of required documents for account opening
- Practising Certificate of your law firm
Initial Deposit
- Nil
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) |
|
Transaction Fee |
S$80 (payable at time of first pay-in) Waiver of MEPS charges for transfers to IRAS for stamp duty payments |
|
Cashier's Order |
S$5 per Cashier's Order, to be collected at one of the following branches
S$10 per Cashier's Order for urgent request Please provide your Pay-Out instructions at least 2 business days before the collection of the Cashier's Order and indicate your preferred collection branch on the Pay-Out form |
|
Early Account Closure (within 6 months) |
S$50 early account closure fee, if the account is closed within 6 months of opening |
How to apply?
i) Drop us an email and we get back to you
ii) Open via our branches
Please make an appointment with your preferred branch to register your interest for company account opening.
During your appointment, please bring along the following documents and take note of the requirements:
Personnel to be present
| DescriptionAll signatories are required to be present | |
|---|---|
|
Sole Proprietorship |
Business Owner |
|
Partnership/Limited Liability Partnership |
All Partners |
Documents required
- Completed company account opening form. Form is available at maybank.sg/caform
- Supporting documents
- Certified true copies of Memorandum & Articles of Association (M&A) / By-Laws / Constitution
- Certified true copies of NRIC/Passport of all authorised Signatories/Directors/Partners/Office Bearers
- Certified true copies of Practicing Certificate
- Other supporting documents (if necessary), such as company bills, invoices, bank statements, to help us better understand the needs and purpose of the account.
- Minimum deposit in cash or cheque