Maybank – Corporate Banking – Bank Review
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Maybank – Corporate Banking – Bank Review

Maybank

Maybank
9

Speed

9.0 /10

Price

9.5 /10

Products Offering

8.6 /10

Quality of Service

9.0 /10

Price Transparency

9.1 /10

Maybank: Who They Are

Maybank is one of Southeast Asia’s largest bank by assets. This making them the fourth largest in Southeast Asia. Their presence is felt in 20 countries with over 2,400 offices. Maybank provides investment banking, corporate banking, stock broking, insurance and consumer banking to name some. They have come a long way since their first branch opened in 1960.

Accounts Services

The products and services offered would vary on what type of service you need. Whether it be in payments and remittances, credit cards, financing and deposits & banking.

Wholesale Banking

  • Current
    * PremierBiz Account
    * FlexiBiz Account
    * Conveyancing Account
    * Foreign Currency Current Account

 

  • Time Deposits
    * Singapore Dollar Time Deposit
    * Singapore Dollar Choice Date Time Deposit
    * Foreign Currency Time Deposit

 

  • Islamic Deposits
    * Singapore Dollar Islamic Term Deposit
    * Current Account

Plans under the Wholesale Banking:  Current Accounts are shown below for your reference.

FlexiBiz Account–  manage your business’ financial needs while incurring interest

PremierBiz Account– also incurs interest and while you can conveniently check your funds plus up to .318% interest on your account

Conveyancing Account– non-interest bearing account for law firms in Singapore.

Foreign Currency Account – payments in your own foreign currency. Deposit or withdraw in local or foreign currency.

 

Important Facts to Remember!

FlexiBiz Account PremierBiz Account Conveyancing Account Foreign Currency Current Account
Fees & Charges
Minimum Balance None S35 monthly service fee; waived with a minimum average daily balance of S$30,000 none US$5 monthly service fee
Minimum Initial Deposit S$1,000 S$1,000 none US$1,000
Account Closure S$50 (less than 6 months from account opening S$50 (less than 6 months from account opening N/A N/A
Cheque S$0.50 per cheque upon presentation Free cheque usage N/A free for US Dollar account only

Maybank Summary Review

Maybank divided their products and services into different categories. Personal Banking, Premier Wealth, Private Wealth, Wholesale  Banking, SME and Islamic banking. Apart from this, they also have plans for Payments and Remittances and Financing. At first if you read through their products, you will be overwhelmed with all the information. Filter the service you need. Are you a foreigner? Do you want an interest-bearing account without thinking about the minimum daily balance? From there, you will have a grasp of what kind of product you will be needing. They also have Business Internet Banking (BIB) where you can monitor your financial needs for your peace of mind.

Address

Address:

2 Battery Road Maybank Tower Singapore 049907

Telephone:
Email:

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Contact for more details

Comments (3)

  1. Speed

    9.00

    Price

    10.00

    Products Offering

    9.30

    Quality of Service

    9.00

    Price Transparency

    10.00

    very happy to have choosen Maybank. There is no cost and I could open an account in multiple currencies. Their online banking website is not the best looking but it does the job fine !

  2. Speed

    9.50

    Price

    9.40

    Products Offering

    9.50

    Quality of Service

    9.40

    Price Transparency

    9.50

    Great experience in Conveyancing Account service as it is very easy to use.

    🙂

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Maybank

Maybank
9

Speed

9.0 /10

Price

9.5 /10

Products Offering

8.6 /10

Quality of Service

9.0 /10

Price Transparency

9.1 /10

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