Maybank
Don’t Forget to check ASPIRE BANK, voted #1 in Singapore for Corporate Bank this year from our community and expert panel
Who they are
With over 2,600 branches, Maybank is one of South East Asia’s largest banking groups. Maybank has branches in 18 countries, giving it an international footprint wide enough to create vast opportunities for its members throughout ASEAN. Maybank operates its Global Banking branch out of Singapore, which is one of its largest overseas operations. Maybank offers its members a wide variety of services including corporate and investment banking, stock broking, insurance management and more.
Main Corporate Services
These products and services are offered based on the service you need:
Personal Banking
- Current Accounts
- Time Deposits
- Saving Accounts
- Payments and Remittances
- Islamic Deposits
- Inward Credit
Commercial Banking
- Current
- Time Deposits
- Islamic Deposits
Customer Target
| 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 has divided its 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, it can seem like a lot of 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 need. It also has Business Internet Banking (BIB) where you can monitor your financial needs for your peace of mind.
If you have had an experience with them, please let us know by leaving a comment on this page.Â
Don’t Forget to check ASPIRE BANK, voted #1 in Singapore for Corporate Bank this year from our community and expert panel
Speed
9
Price
10
Products Offering
9.3
Quality of Service
9
Price Transparency
10
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 !
Speed
9.5
Price
9.4
Products Offering
9.5
Quality of Service
9.4
Price Transparency
9.5
Great experience in Conveyancing Account service as it is very easy to use.
🙂