CIMB Singapore is one of the leading banks in Singapore that offers a wide range of banking services and financial products to its customers. Whether you are looking for personal banking solutions, investment options, or corporate banking services, CIMB Singapore has got you covered.
In this article, you will learn everything you need to know about CIMB Singapore, including its overview, banking services, account management, financial products, customer experience, digital banking, international banking, fees and charges, applying for services, and frequently asked questions.
By the end of this article, you will have a comprehensive understanding of CIMB Singapore and how it can help you achieve your financial goals. So, let’s dive in and explore what CIMB Singapore has to offer.
Key Takeaways
- CIMB Singapore offers a wide range of banking services and financial products to its customers.
- The bank provides a seamless and convenient customer experience through its digital banking services.
- CIMB Singapore’s international banking services make it easy for customers to manage their finances across borders.
CIMB Singapore Overview
If you’re looking for a reliable banking partner in Singapore, CIMB Singapore is one of the top choices you can consider. This bank is part of the CIMB Group, one of the leading ASEAN banks with a strong presence in Asia. In this section, we’ll give you an overview of CIMB Singapore and what makes it a great choice for your banking needs.
History of CIMB Group
CIMB Group is a leading ASEAN bank with a history that dates back to 1924. Over the years, the bank has grown significantly and now has a presence in 16 countries worldwide. CIMB Group’s mission is to provide innovative and comprehensive financial solutions to its customers while maintaining the highest standards of integrity and professionalism.
CIMB Singapore’s Market Position
CIMB Singapore is one of the leading banks in Singapore, with a strong market position in the region. The bank offers a wide range of financial products and services, including personal banking, business banking, and investment banking. CIMB Singapore is known for its innovative products and services, such as the CIMB FastSaver account, which offers one of the highest interest rates in Singapore.
CIMB Singapore is also committed to providing excellent customer service to its clients. The bank has a team of experienced professionals who are dedicated to helping you achieve your financial goals. Whether you’re looking to open a new account, apply for a loan, or invest in the stock market, CIMB Singapore has the expertise and resources to help you succeed.
In summary, CIMB Singapore is a top choice for anyone looking for a reliable banking partner in Singapore. With its strong market position, innovative products and services, and commitment to customer service, CIMB Singapore is well-positioned to meet your financial needs.
Banking Services
CIMB Singapore offers a wide range of banking services to cater to your financial needs. Whether you are an individual, a small business owner, or a corporation, CIMB Singapore has got you covered.
Retail Banking Offerings
As an individual, you can enjoy a range of retail banking offerings from CIMB Singapore. From savings accounts to personal loans, credit cards to insurance, CIMB Singapore has everything you need to manage your finances.
CIMB Singapore’s savings accounts come with competitive interest rates and minimal fees, making it easy for you to save for your future. You can also apply for a personal loan with CIMB Singapore, with flexible repayment options to suit your needs.
If you are looking for a credit card that gives you rewards and cashback, CIMB Singapore has got you covered. With a range of credit cards to choose from, you can enjoy benefits such as cashback on dining, shopping, and travel.
Private Banking Solutions
For high net worth individuals, CIMB Singapore offers private banking solutions that are tailored to your unique needs. With a team of experienced bankers, CIMB Singapore can help you manage your wealth and investments.
CIMB Singapore’s private banking solutions include wealth management, investment advisory, and estate planning. You can also enjoy exclusive privileges such as access to exclusive events and lifestyle benefits.
Corporate and SME Services
CIMB Singapore also offers a range of corporate and SME services to help businesses grow and succeed. From corporate loans to trade finance, cash management to treasury solutions, CIMB Singapore has everything you need to manage your business finances.
CIMB Singapore’s corporate and SME services are designed to help businesses of all sizes, from small startups to large corporations. With a team of experienced bankers, CIMB Singapore can help you find the right solutions to meet your business needs.
In conclusion, CIMB Singapore offers a comprehensive range of banking services for individuals and businesses alike. With competitive rates, flexible solutions, and a team of experienced bankers, CIMB Singapore is the right choice for all your banking needs.
Account Management
Are you interested in opening an account with CIMB Singapore? It’s easy to get started. You can fill out an application form on the CIMB Singapore website, and then complete the process by providing your identification documents. Once your account is set up, you can start managing it online.
Opening an Account
To open an account, you will need to provide some basic information such as your name, contact details and identification documents. You can fill out an application form on the CIMB Singapore website and submit it online. If you prefer, you can also visit a CIMB branch in person to open an account.
Managing Your Account Online
CIMB Singapore offers a range of online banking services that allow you to manage your account from anywhere, at any time. Once you have set up your account, you will be given access to the CIMB Clicks online banking platform. This platform allows you to view your account balance, transfer funds, pay bills and more.
To access CIMB Clicks, you will need to set up a login ID and password. This will allow you to securely access your account information online. You can also set up alerts to notify you of account activity, such as when a transaction is made or when your account balance falls below a certain level.
In summary, opening and managing an account with CIMB Singapore is a straightforward process. You can complete the application form online or in person, and then manage your account online using the CIMB Clicks platform. With access to your account information at your fingertips, it’s easy to stay on top of your finances.
Financial Products
CIMB Singapore offers a range of financial products to help you manage your money and grow your wealth. Whether you’re looking to invest in shares or gold, or need a loan or credit option, CIMB has you covered.
Investment Opportunities
Investing your money can be a great way to grow your wealth over time. CIMB offers a range of investment opportunities to suit your needs, including shares and gold. With shares, you can invest in companies that you believe will perform well in the future. CIMB can help you navigate the stock market and choose the right shares to invest in. If you prefer to invest in gold, CIMB offers a range of gold investment products, including gold savings accounts and gold investment accounts.
Loan and Credit Options
Sometimes you need a little extra cash to achieve your goals. CIMB offers a range of loan and credit options to help you get the money you need. Whether you need a personal loan, home loan, or car loan, CIMB can help. CIMB also offers credit cards with competitive interest rates, so you can manage your cash flow more effectively.
When it comes to interest rates, CIMB offers competitive rates on its loans and credit products. This means you can borrow money at a lower cost compared to other banks. Additionally, CIMB offers cashback rewards on its credit cards, so you can save money while you spend.
Overall, CIMB Singapore offers a range of financial products to help you manage your money and grow your wealth. Whether you’re looking to invest in shares or gold, or need a loan or credit option, CIMB has you covered.
Customer Experience
CIMB Singapore is committed to providing an exceptional customer experience, with a focus on relationship management and customer support channels.
Relationship Management
CIMB Singapore’s relationship managers are passionate about helping you achieve your financial goals. They are dedicated to providing personalised solutions that meet your unique needs. They take the time to understand your financial situation, risk appetite and investment objectives, and provide guidance and support to help you make informed decisions.
CIMB Singapore’s relationship managers are known for their integrity and professionalism. They are committed to providing you with transparent and honest advice, and always act in your best interest. They will guide you through the entire process, from opening an account to managing your investments, and are always available to answer any questions you may have.
Customer Support Channels
CIMB Singapore offers a range of customer support channels to ensure that you have access to the help you need, when you need it. Whether you prefer to speak to someone over the phone, via email, or in person, CIMB Singapore has you covered.
Their customer support team is available 24/7 to assist you with any queries or concerns you may have. You can also access a range of online guides and resources to help you navigate the banking process.
In summary, CIMB Singapore is committed to providing an exceptional customer experience. Their relationship managers are passionate about helping you achieve your financial goals, and their customer support channels are designed to ensure that you have access to the help you need, when you need it.
Digital Banking
Are you looking for a hassle-free banking experience? CIMB Singapore’s digital banking services are here to help! With the CIMB Clicks mobile app and online banking features, you can access your accounts and perform transactions quickly and securely from anywhere, at any time.
CIMB’s Mobile App
The CIMB Clicks mobile app is available for both Android and iOS devices, making it easy for you to manage your finances on-the-go. You can log in using your fingerprint or facial recognition, so you don’t have to worry about remembering your password. Once you’re logged in, you can view your account balances, transaction history, and perform a range of banking transactions, including fund transfers, bill payments, and more.
The app also comes with a digital token feature that provides an extra layer of security for high-risk transactions. You can generate a one-time password (OTP) or use your digital token PIN to authorize transactions, ensuring that your account remains safe and secure.
Online Banking Features
If you prefer to access your accounts on a computer, CIMB Singapore’s online banking platform is an excellent option. With a few clicks, you can transfer funds, pay bills, view your transaction history, and more.
One of the standout features of CIMB’s online banking platform is the ability to open new accounts online. You can apply for a range of CIMB Singapore’s products, including savings accounts, fixed deposits, and loans, without having to visit a branch.
CIMB Singapore’s online banking platform is also highly intuitive and user-friendly, making it easy for you to navigate and find the features you need. Plus, with 24/7 access, you can perform transactions at any time, without having to worry about banking hours.
In summary, CIMB Singapore’s digital banking services are an excellent option for anyone looking for a fast, secure, and convenient banking experience. Whether you prefer to use the mobile app or online banking platform, you can access your accounts and perform transactions quickly and easily.
International Banking
If you frequently travel abroad or do business with international clients, CIMB Singapore has got you covered with their cross-border services. You can easily manage your funds across different countries and currencies, and enjoy hassle-free transactions with their secure and reliable platform.
Cross-Border Services
CIMB Singapore offers a range of cross-border services to help you manage your finances across different countries. You can easily transfer funds between your CIMB accounts in different countries, and enjoy competitive exchange rates for your foreign currency transactions. CIMB Singapore also offers international remittance services, so you can send money to your loved ones or business partners overseas with ease.
Whether you are travelling abroad or doing business with international clients, CIMB Singapore’s cross-border services make it easy for you to manage your finances across different countries and currencies.
Foreign Exchange Solutions
If you need to make foreign currency transactions frequently, CIMB Singapore offers a range of foreign exchange solutions to help you manage your risks and maximise your returns. You can choose from a range of foreign exchange products, including spot transactions, forward contracts, and options, to meet your specific needs.
CIMB Singapore also offers foreign currency accounts, so you can easily manage your funds in different currencies and enjoy competitive interest rates. With their secure and reliable platform, you can be sure that your foreign currency transactions are safe and hassle-free.
Whether you are doing business with international clients or investing in foreign markets, CIMB Singapore’s foreign exchange solutions make it easy for you to manage your risks and maximise your returns.
In summary, CIMB Singapore offers a range of cross-border services and foreign exchange solutions to help you manage your finances across different countries and currencies. Whether you are travelling abroad or doing business with international clients, CIMB Singapore makes it easy for you to manage your finances and maximise your returns.
Fees and Charges
If you’re considering opening an account with CIMB Singapore, it’s important to know about the fees and charges associated with their products. CIMB offers a range of accounts, each with its own set of fees and charges. You can find a comprehensive list of all the fees and charges on the CIMB website.
Savings Accounts
CIMB’s savings accounts have a minimum initial deposit of S$5,000, and you’ll need to maintain this balance to earn interest. There are no fall-below fees, so you won’t be charged if your balance falls below the minimum. However, if you close your account within six months of opening it, you’ll be charged an early account closure fee of S$50.
Current Accounts
CIMB’s current accounts have a minimum initial deposit of S$1,000, and you’ll need to maintain this balance to avoid a fall-below fee. The fall-below fee is S$15 per month if your average daily balance falls below S$1,000. If you close your account within six months of opening it, you’ll be charged an early account closure fee of S$50.
Cheque Usage
If you use CIMB cheques, you’ll be charged S$50 per cheque if it’s returned unpaid. If you use other banks’ cheques, you’ll be charged S$100 per cheque plus courier charges if applicable.
Remittance
If you need to transfer money overseas, CIMB offers a range of remittance products. The fees and charges vary depending on the product you choose, so it’s important to check the CIMB website for the latest information.
Corporate Accounts
If you’re opening a corporate account with CIMB, you’ll need to refer to their Corporate Pricing Guide for information on fees and charges. The guide includes a list of products and services created for businesses, so you can analyse your options and choose the best account for your needs.
Overall, CIMB’s fees and charges are competitive with other banks in Singapore. It’s important to choose an account that suits your needs and budget, and to check the fees and charges regularly to avoid any surprises.
Security and Safety
You can trust CIMB Singapore to provide you with a secure and safe banking experience. The bank uses multiple layers of security to ensure that your online banking sessions are protected by a high level of security. You also play an important role in safeguarding your computer/mobile devices and your online information.
To ensure that your personal information is carefully safeguarded and used in compliance with Singapore’s Personal Data Protection Act (PDPA) 2012, CIMB Singapore takes great care in handling your data. You can be assured that your personal emails, contact numbers and bank details are safe and secure.
To further enhance your security, CIMB Clicks Internet Banking provides a Security Device that offers greater protection against online fraudulent transactions. You can easily activate the Security Device and use it to log in to your account.
In addition to these measures, CIMB Singapore provides access to a range of security tips for CIMB Clicks Internet Banking. These tips include regular backups of critical data on your computer, the use of encryption technology to protect sensitive data, and more. You can find these tips on the CIMB SG website.
Overall, CIMB Singapore takes your security and safety seriously and is committed to ensuring that your banking experience is secure and hassle-free. With the bank’s advanced security measures and your own vigilance, you can bank with confidence.
Eyewitnesses are always on the lookout for any suspicious activity, and CIMB Singapore has a dedicated team of security experts who monitor your account for any unusual activity. If you ever suspect that your account has been compromised, you should contact CIMB Singapore immediately.
Applying for Services
Applying for CIMB Singapore’s services has never been easier. You can apply for a variety of services, including cashback cards, personal loans, general insurance, and fixed deposits, all online in less than 10 minutes. To apply, simply visit the CIMB SG online applications page and fill out the application form.
If you’re interested in opening a high-interest savings account, the CIMB FastSaver account is the perfect option for you. You can apply for the account here using your MyInfo account.
In addition to online applications, CIMB Singapore also offers mobile and internet banking services through CIMB Clicks. You can sign up for CIMB Clicks here to access a range of services, including account enquiries, fund transfers, and bill payments.
Whether you’re looking to apply for a new service or manage your existing accounts, CIMB Singapore’s online and mobile banking platforms offer a convenient and hassle-free experience.
Frequently Asked Questions
How do I open an account with CIMB in Singapore?
To open an account with CIMB in Singapore, you can visit any of their branches or apply online through their website. You will need to provide some basic personal information and identification documents to complete the application process. Once your application is approved, you will receive your account details and can start using your account.
What are the steps for logging into CIMB Clicks SG?
To log in to your CIMB Clicks SG account, you can visit their website or use their mobile app. You will need to enter your username and password to access your account. If you have forgotten your password, you can reset it using your registered email address.
Could you tell me the minimum balance required to maintain a CIMB Singapore account?
The minimum balance required to maintain a CIMB Singapore account varies depending on the type of account you have. For example, the minimum balance for a savings account is SGD 1,000, while the minimum balance for a current account is SGD 5,000. Please check with CIMB Singapore for the specific minimum balance requirements for your account.
What are the charges associated with starting a CIMB account in Singapore?
There are generally no charges associated with opening a CIMB account in Singapore. However, some accounts may have maintenance fees or transaction fees. Please check with CIMB Singapore for the specific charges associated with your account.
In case of queries, how can I contact CIMB Singapore customer service?
If you have any queries or need assistance with your CIMB Singapore account, you can contact their customer service team through their hotline, email, or live chat. Their customer service team is available 24/7 to assist you with any issues or concerns.
Has there been any recent changes to CIMB Singapore’s services?
It is always a good idea to stay up-to-date with any changes to your bank’s services. CIMB Singapore may make changes to their services from time to time, so it is recommended to check their website or contact their customer service team for the latest updates.
