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MY - EN

Features & Benefits

Convenient
Cost-Saving
Improved Cash Flow

Eligibility

Applicable for direct and indirect exporters who are dealing in domestic purchases and imports

Fees and Charges

Type of products / services Fees & Charges  Cut-off time for transaction to be processed
Collection Service 0.1% flat on Collection value.

RM denominated Collection –
Minimum RM50; Maximum RM500.

FCY denominated Collection
–Minimum RM50; Maximum RM100.

Monday to Friday: 4:00 p.m. same day

(Funds will be credited by the receiving Bank on the next business day - estimation)

Commission in lieu of exchange 0.1% flat on FCY settlement value.
Minimum RM50.
Maximum RM300.

With effect from 1 October 2025, the above fees/ charges will be subject to Service Tax at the rate of 8% or any prevailing rate that may be set by the Malaysian Government from time to time and are to be paid by you unless specifically exempted.

 

Financial services products that relate to subject matter, goods or land situated outside Malaysia or is related to export of goods (exported out of Malaysia), are excluded from Service Tax.

 

For more details, please refer to CIMB website for FAQ on SST (“Sales and Service Tax”). Please note that only Service Tax applies to financial services.

For General Charges, please refer to General Charges@Trade.