{"id":17994,"date":"2021-11-16T19:00:00","date_gmt":"2021-11-16T11:00:00","guid":{"rendered":"https:\/\/www.comparehero.my\/blog\/uncategorized\/cimb-biz-current-account-bizchannel.html"},"modified":"2026-03-26T16:00:27","modified_gmt":"2026-03-26T08:00:27","slug":"cimb-biz-current-account-bizchannel","status":"publish","type":"post","link":"https:\/\/www.comparehero.my\/blog\/properties\/cimb-biz-current-account-bizchannel.html","title":{"rendered":"CIMB Business Current Account-i\u2014A Complete Banking Account For Malaysian Businesses"},"content":{"rendered":"\n

Ever come across different types of bank accounts\u2014savings, current, fixed deposit, etc.\u2014and wondered what they\u2019re for? There are actually 4 main types of banking accounts in Malaysia, and each serves a very different purpose. You can read all about these accounts below.<\/p>\n\n

Related<\/strong>: You Can Have 4 Types of Bank Accounts in Malaysia, But What\u2019s Right For You?<\/a><\/p>\n

Let\u2019s focus on current accounts for now. A current account has many other names such as a transaction account or a checking account. These accounts are more suitable for businessmen compared to a regular savings account<\/strong> which has a lot more limitations. For one, current accounts are better for businesses that have multiple transactions taking place everyday.<\/p>\n

Say hello to CIMB\u2019s Business Current Account-i!<\/h2>\n

CIMB Bank has several types of current accounts<\/a> catered to various customers. Their Business Current Account-i (BizCA-i)<\/strong> as the name suggests, is targeted to business owners in Malaysia. So if you fall under this category, this one\u2019s for you. But what\u2019s so special about BizCA-i?<\/p>\n

For starters, you can open an account just about anywhere<\/strong>. You won\u2019t have to physically walk into a CIMB branch as you can do this online at your own convenience. However, if you do decide to sign up at a physical branch instead, you\u2019ll be able to get your account number within the same day.<\/p>\n

Want to track and manage your business transactions easily? When you sign up for BizCA-i, you get complimentary statements each month<\/strong>.<\/p>\n

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You\u2019ll also get access to BizChannel@CIMB<\/strong> which is a one-stop solution for businesses to handle fund transfers, bill payments, online account enquiries and much more. Read on to find out how this works. <\/p>\n

Enjoy all the perks of BizChannel@CIMB<\/h2>\n

BizChannel@CIMB was created with the goal of simplifying a business\u2019 transactions and payments and collating them in one place. Besides this, you\u2019ll also be able to book foreign exchange contracts<\/strong> easily and lock your desired foreign exchange rates<\/strong> without a hassle. If you\u2019re a business owner who trades internationally frequently, this is something you\u2019d appreciate. <\/p>\n

Related<\/strong>: Having Trouble Handling Foreign Exchange Payments? Apply for BizChannel@CIMB Today!<\/a><\/p>\n

Sign up today and get the best of both worlds<\/h2>\n

So far, we\u2019ve told you about the respective perks of BizCA-i and BizChannel@CIMB. Now what\u2019s even better is that if you sign up for both of these from now up until October 2022, you\u2019ll be eligible for more benefits than those mentioned above.<\/p>\n

First off, you\u2019ll get exclusive monthly hibah for the first 6 months<\/strong> after signing up. You will also have the opportunity to be rewarded up to 0.70% p.a. returns on your account-i balance.<\/p>\n

Secondly, you\u2019ll get a 6 months BizChannel@CIMB subscription & transaction fee rebate. The BizChannel@CIMB fee is usually RM20 a year and transaction fees aren\u2019t always low, so this deal is quite a steal.<\/p>\n

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Another perk is that you\u2019ll get an auto upgrade to your foreign exchange preferential rate<\/strong>. Again, if you\u2019re someone who trades internationally often, this is something you\u2019ll fancy.<\/p>\n

Interested to sign up for this already? Here are just a couple of things to take note of:<\/p>\n