CIMB Bank and CIMB Islamic Bank have introduced new solutions to provide its customers in Malaysia and Singapore seamless and efficient cross-border banking experience.

The new Cross-Border Solutions will allow the CIMB customers in both the countries to conduct cross-border banking and transactions seamlessly between Malaysia and Singapore including fee-waived fund transfers, online transfers and bill payments.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

CIMB Group Consumer Banking CEO Samir Gupta said: “As a leading ASEAN universal bank, CIMB is continuously innovating to provide the best value proposition and convenience to our customers across the region.

“The Malaysia-Singapore Cross-Border Solutions is testament to this commitment and is only the beginning, as we leverage on our strong ASEAN network to provide similar convenience for our franchises in Indonesia, Thailand and Cambodia, with the expectation of making banking within ASEAN as seamless as possible for our valued customers.”

The Cross-Border Solutions will allow the customers to view and manage their Malaysian and Singaporean CIMB accounts simultaneously through an integrated platform.

The benefits also include fee waiver for fund transfers between CIMB accounts and fund withdrawals at over 6,000 CIMB ATMs across ASEAN with the CIMB debit card.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Cash rebates are also guaranteed for online exchange rate for fund transfers from CIMB Singapore to CIMB Malaysia account via CIMB Clicks. This benefit is valid until 31 December.

It also provides additional benefits to the CIMB Preferred customers such as the opening of CIMB Singapore account in Malaysia.

The bank will also deploy a dedicated Relationship Manager for the privileged customer’s wealth management requirements.