How to open a CIMB business bank account in Singapore
I am about to open a business bank account with CIMB and in this blog post, I will document the process that I experience firsthand. First, let me recap why I chose CIMB. Why CIMB? My Wifey saw this CIMB ad that says I can earn 2.88%* p.a. on my balances, and there are no fall-below fees and minimum initial deposit. They call it the CIMB BusinessGo... CIMB BusinessGo | Interest-bearing Business Current Account ... https://www.cimb.com.sg/en/business/solutions-products/cash-management/commercial-current-accounts/cimb-businessgo-sgd-current-account.html CIMB is not the top 5 best banks in Singapore, but I have transacted with a few financial companies in Singapore that use it. Here's the thing. I already have a business bank for my company at DBS, which is handicapped at the moment, Money can go in but cannot come out due to some minor issues but a big hassle to handle. So instead of going through a huge amount of paperwork to open a new DBS account and transfer the existing o