CASH MANAGEMENT

Transact effectively.

Cash Management and Expense Management

From current accounts to remittance services, we have the full range of cash management solutions to help you manage your business transactions effectively. With CitiBusiness, you have instant access to:

  • Foreign currency accounts available in all major currencies
  • Competitive time deposit rates to enhance your yield on excess funds
  • Unlimited free cheques, replenished automatically
  • Innovative online banking solutions: View your account balances, perform online payments and transfers and receive e-mail/SMS notifications on your account activities
SGD Accounts
CitiBusiness High Yield Account  
Balance Tier (SGD) Base Interest Rate (% p.a.)
Less than $30,000 0.03
$30,000 to less than $50,000 0.05
$50,000 to less than $200,000 0.05
$200,000 to less than $500,000 0.08
$500,000 and above 0.10

MaxiSave Account*

With effect from 1 December 2020, please note that the following change will apply to the Citibank MaxiSave Account:

  Prior to 1 December 2020 (SGD) From 1 December 2020
Base Interest Rate First S$5,000 – 0.01% p.a.
Next S$25,000 – 0.05% p.a.
Above S$30,000 – 0.10% p.a.
0.01% p.a. on the entire account balance

*Existing MaxiSave accounts only

There is no action required from existing customers and the revised interest rate will be applied to the account automatically.

USD Accounts
CitiBusiness High Yield Account  
Balance Tier (USD) Base Interest Rate (% p.a.)
Less than $20,000 0.00
$20,000 to less than $50,000 0.05
$50,000 to less than $500,000 0.06
$500,000 to less than $1,500,000 0.07
$1,500,000 and above 0.10
CitiAccess  
Balance Tier (USD) Base Interest Rate (% p.a.)
Less than $20,000 0.00
$20,000 and above 0.05

The above interest rates are for information only and are subject to change without prior notice. Terms and conditions apply.

Deposit Insurance Scheme:

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. For more information, please visit www.sdic.org.sg.