What is a current account?
A current account is a type of bank account that is primarily used for making transactions such as deposits, withdrawals, and payments. Current accounts are typically used by individuals as well as businesses who need frequent access to their funds.
What is eStatement?
eStatement is a PDF version of your monthly account statement. You have the option to download it from CIMB Clicks or have it delivered to your email (Email Statement Delivery).
What is the difference between a savings account and a current account?
A savings account generally offers a higher interest rate or profit rate, making it a preferred option if you’re looking to save and grow your funds. On the other hand, current accounts typically offer more transaction flexibility as it allows account holders to make frequent and large transactions and withdrawals. Current accounts also often come with features such as an overdraft facility, a chequebook facility or a debit card, thus making them a more convenient option for day-to-day expenses.
What are the benefits of having a current account with CIMB Bank?
At CIMB, we have a wide range of conventional and Islamic current accounts to suit your banking needs. There are many benefits to opening a current account, such as:
- Convenience: A current account allows you to easily manage your financial transactions such as paying bills, making purchases, and receiving payments.
- Access to credit: Having a current account can make it easier for you to access credit, such as overdraft facilities, which can be useful in case of emergencies or unexpected expenses.
- Online banking: Most current accounts come with online banking facilities, which can make it easier to manage your finances, monitor your transactions, and make transfers without having to visit a bank branch.
Does CIMB offer an online current account product?
CIMB’s online application form is available on the individual product pages. Select the savings account product that you are interested in, and click on the “apply now” button. Some products, however, are only available at the branch.
Where can I find CIMB’s business current account? Does CIMB have business current account products?
Yes, we do. If you are looking to open a current account for your business, please visit CIMB’s current account products here.