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SME Deposits

Choose from a wide range of tenure options that suits you best

Maybank Singapore Dollar Time Deposit #ForYou

Promotion


Enjoy higher interest rate with our SGD Time Deposit promotion

Enjoy attractive interest rate on your Singapore Dollar Time Deposit when you deposit fresh funds into your Maybank Current or Savings accounts.

Find Out More

Benefits


  • Attractive interest rates
  • 24/7 online access to your account with Business Internet Banking
  • Flexible tenures

Requirements


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 for tenures from 2 to 36 months
  • S$10,000 for 1-month tenure and Choice Date with flexible tenure
  • S$1,000,000 for a 1-week tenure, applicable only to corporate accounts

 

Account opening is subject to the Bank's approval.

Choice Date


Fees and Charges


Click here to view other applicable bank charges for our services

How to Apply?


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

All signatories are required to be present

Sole Proprietorship

Business Owner

Partnership/Limited Liability Partnership

All Partners

Private Limited

All Authorised Persons and All person who certify the submitted documents.

Society/Club/Associations

All Signatories

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
    • 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

Other Information


 

Premature withdrawal of less than 3 months – No interest will be paid

Premature withdrawal of more than 3 months – The interest is pro-rated based on the number of days the Time Deposit is placed, calculated on the lowest tier of the prevailing Savings Account rate at time of withdrawal or the contracted rate, whichever is lower.