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SME Deposits

FlexiBiz Account

With attractive interest rates, no monthly fees and no minimum balance required, the Maybank FlexiBiz is the ideal current account for start-ups and young businesses.

Promotion


Get rewarded with S$100 worth of dining voucher with a minimum deposit of S$18,000.

Deposit S$18,000 or S$38,000 into selected Savings and Current Account and receive S$100 voucher from Paradise Group.

Sign up for PayNow and get an additional S$10 cash credit

Terms and Conditions for Save and Dine Promotion (PDF)

Benefits


  • Attractive interest rates of up to 0.038% p.a. with no minimum balance requirement
  • S$0.50 per cheque (upon presentation) with option to receive notification for cheque clearance
  • Round-the-clock service with Business Internet Banking
  • Instant fund transfer via FAST at only S$0.20 per transaction

Interest Rates


Account BalanceInterest Rate

First S$500,000

0.018% p.a.

Next S$450,000

0.028% p.a.

Remaining balance above S$500,000

0.038% p.a.

Rebate Benefits

The More You Transact, The More You Save
From Fund Transfers to GIRO Payments and more, turn your essential transactions into exceptional savings, every month. Refer to the table to see how.


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

Eligible Transactions

Rebate 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 transaction per month

Automated Salary Payment1

100% rebate of charges

Fund Transfer to Malaysia Maybank Account via RegionLink

25% rebate of charges2

International Telegraphic Transfer

25% rebate of charges2

Tier 2: Required Average Daily Balance (ADB) of S$100,000 and above

Eligible Transactions

Rebate 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 Malaysia Maybank Account via RegionLink

50% rebate of charges2

International Telegraphic Transfer

50% rebate of charges2

1 Automated Salary Payment refers to Maybank's APS+ payment by Preset Template/File Upload
2"Contract rates" or "Counter rates" for foreign exchange transactions for Regional Link and International Transfer initiated on Business Internet Banking are not applicable for the Promotion.

Terms and Conditions Governing Rebate Benefits (PDF)

Requirements


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


DescriptionFees and Charges

Fall-below fee (per month)

Nil

Early Account Closure
(within 6 months)

S$50 early account closure fee (if the account is closed within 6 months of opening)

Chequebook

Total cheque charges for the day will be debited on the same day from your account. If the average daily balance is maintained at S$30,000 and above, any total cheque charges debited earlier will be credited back to your account at the end of the month.

Others

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

Other Information


Useful Links

Apply now

 

 

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.