Introduction to Maybank accounts
Maybank offers both Singapore dollar current accounts and foreign currency current accounts. You may refer to below tables for more information.
Singapore dollar current accounts
For company with these needs
Usually maintains high deposit balances, and wants to enjoy the best possible interest rates
Likely to maintain low or fluctuating account balance and does not want to be subject to a minimum balance fee
Maintains balance in the account for transactions but are not looking to earn interest
Minimum initial deposit
Minimum Average Daily Balance
Monthly Service Fee
S$35 per month (waived if the average daily balance is at least S$30,000)
S$35 per month (waived if the average daily balance is at least S$10,000)
Foreign currency current account
Foreign Currency Current Account is ideal for companies with frequent transactions in foreign currencies. It is available in US Dollars and other major foreign currencies. You can receive and make payments in the original currency without having to convert them into Singapore Dollars first.
Flexibility to deposit into your account through:
Flexibility to withdraw from your account through:
Opening a Foreign Currency Current Account
Interest rate for Foreign Currency Current Account
Minimum Balance Fee
Minimum Balance Fee (in respective foreign currency)
Minimum Average Daily Balance (in respective foreign currency)
If you want to open your bank account with Maybank, you may refer to this guide on how to request for your bank account opening through Sleek platform.