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Streamlined Business Account Opening in Singapore


Streamlined Business Account Opening in Singapore | Bestar
Streamlined Business Account Opening in Singapore | Bestar

Streamlined Business Account Opening in Singapore


Bestar, a leading accounting firm, has partnered with CIMB, a top-tier ASEAN bank, to refer SMEs to a seamless and efficient business account opening service in Singapore. This partnership eliminates the need for time-consuming branch visits and streamlines the entire process, making it easier for businesses to get started with CIMB's comprehensive banking solutions.


Key Features

  • Convenient and Efficient Account Opening: Open your CIMB business account without the hassle of branch visits or physical signature verification.

  • No Minimum Balance or Fall-Below Fees: Enjoy a business account with no minimum balance requirements or fall-below fees, providing flexibility and cost-effectiveness.

  • Zero Fees for Domestic Payments: Make domestic payments via FAST, PayNow, GIRO, and Payroll at no cost, streamlining your financial transactions.

  • Flat Fee for Overseas Remittances: Send international payments with a flat fee of $15 for CIMB SME accounts and $18.88 for CIMB BusinessGo accounts, ensuring transparency and predictability.

  • High Interest Rates: Earn attractive interest rates of up to 2.88% with the CIMB BusinessGo account, maximizing your returns on business funds.

Eligibility

  • Businesses of all sizes, particularly SMEs

Application Process

  1. Contact Bestar: Get in touch with the Bestar team to discuss your business account requirements and initiate the application process. The Bank Representative will assist you with your application to open an account with CIMB.

  2. Provide Documentation: Submit the necessary documentation, including your business registration documents, financial statements, and director information.

  3. Electronic Signature Verification: Utilize electronic signature verification to complete the application without the need for physical presence.

  4. Account Approval: Upon successful review and approval, you will receive your CIMB business account details and access to online banking services.

The partnership between Bestar and CIMB simplifies business account opening for SMEs, providing access to CIMB's extensive banking solutions and Bestar's expert financial services. Embrace this opportunity to streamline your finances and focus on growing your business.


About CIMB Group


CIMB Group stands as a towering figure in the ASEAN banking landscape, recognized for its unwavering commitment to innovation, customer-centricity, and sustainable growth. Headquartered in Kuala Lumpur, Malaysia, CIMB's extensive reach spans consumer banking, commercial banking, investment banking, Islamic banking, and asset management, catering to a diverse clientele across the region. Its unwavering focus on ASEAN has propelled it to become the fifth-largest banking group by assets, boasting a workforce of approximately 33,000 individuals and serving a customer base of around 22 million.


CIMB's journey began in 1987 when it was listed on the Main Market of Bursa Malaysia. Since then, it has steadily ascended to financial prominence, achieving a market capitalization of RM54.0 billion as of June 30, 2023. Its financial strength is further underscored by its impressive balance sheet, with total assets amounting to RM720.3 billion, total shareholders' funds reaching RM67.0 billion, and total Islamic assets standing at RM195.0 billion. These figures solidify CIMB's position as a pillar of financial stability in the region.


CIMB's success is deeply rooted in its unwavering commitment to innovation. The bank continuously pioneers cutting-edge financial solutions, leveraging technology to enhance customer experiences and drive operational efficiency. Its digital banking platforms, for instance, provide seamless access to a wide range of financial services, empowering customers to manage their finances anytime, anywhere.


CIMB's dedication to customer-centricity is another cornerstone of its success. The bank places a high priority on understanding the unique needs and aspirations of its customers, tailoring its products and services to meet their specific requirements. This customer-centric approach has fostered strong loyalty and trust, contributing significantly to CIMB's enduring market position.


About Bestar

Streamlined Business Account Opening in Singapore


Bestar is a Singapore-based accounting firm that provides a wide range of accounting, bookkeeping, audit, tax, financial advisory, consulting, risk management, and related services to businesses and individuals. The firm was founded in 2010 and has offices in Malaysia and Hong Kong. Bestar has a team of experienced professionals who are dedicated to providing high-quality service to their clients.


Here are some of the services that Bestar provides:

  • Accounting: Bestar provides a full range of accounting services, including bookkeeping, financial reporting, and tax preparation.

  • Bookkeeping: Bestar can help you keep your books up to date and ensure that your financial records are accurate and compliant with accounting standards.

  • Audit: Bestar can provide an independent audit of your financial statements to help you identify and address any potential problems.

  • Tax: Bestar can help you with all of your tax needs, including tax planning, tax preparation, and tax compliance.

  • Financial Advisory: Bestar can provide financial advisory services to help you make informed decisions about your finances.

  • Consulting: Bestar can provide consulting services to help you improve your financial performance and achieve your business goals.

  • Risk Management: Bestar can help you identify, assess, and manage your financial risks.

Bestar is a reputable and experienced firm that can provide you with the accounting and financial services you need to succeed.


Here are some of the benefits of working with Bestar:

  • Experienced professionals: Bestar has a team of experienced professionals who are dedicated to providing high-quality service to their clients.

  • Wide range of services: Bestar provides a wide range of accounting and financial services to meet the needs of businesses and individuals.

  • Commitment to quality: Bestar is committed to providing high-quality service to its clients.

  • Reputation for excellence: Bestar has a reputation for excellence in the accounting industry.

As always, do contact us if you have any queries, or if you require any clarifications.

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