You can now have your business current account/ Mudarabah Investment account which comes with other solutions that suit your business needs. The following benefits are accessible right away once you sign up for SME First Account and enjoy additional offers for a specific product:

  • Maybank2u Biz / Maybank2u
    *No subscription fee
  • Maybank AutoCredit
    *First 3 months transaction fees waiver upon successful subscription
  • Merchant Point-of-Sales
    *First 3 months rental fee waiver
  • Overseas Fund Transfer
    *20% discount on standard service fee if you transfer online


Firm Foundation

For starters, SME First Account offers you a choice of conventional or Islamic current account and an online hub to help you manage your finance anytime.

Choose between conventional and Shariah-compliant account, both with the convenience of online or over-the-counter submission, cheque book and eStatement facilities.

SME First Account

Conventional current account that offers ultimate flexibility

Features

  • Low minimum initial deposit of RM1,000
  • Eligible for protection by PIDM


SME First Account-i

A Shariah compliant current account based on the contract of Qard (Loan).

Qard refers to a contract of lending money by a lender to a borrower where the borrower is bound to repay an equivalent amount to the lender. Ownership of the money belonging to the lender is transferred to the borrower and the borrower is obliged to repay the lender in full.

Customer as lender lend his money to Maybank Islamic as borrower.

Features

  • Based on the principle of Qard (Loan)**
  • Low minimum initial deposit of RM1,000
  • The Bank may at its discretion pay Hibah (gift) to the depositors
  • Eligible for protection by PIDM

    **Effective 7 October 2017


SME First Investment Account-i

A Shariah compliant Investment Account based on the principle of "Mudarabah" (profit sharing)

Features

  • Low minimum initial placement of RM1,000
  • Potentially earn higher returns. Profit gained from the investment will be shared between both parties (Customer & Bank) accordingly based on an agreed profit sharing ratio (PSR).
  • Dividend is calculated daily and will be paid on a monthly basis and is not subject to balance band or number of withdrawal.
  • Not covered by PIDM. Principle is not guaranteed


Maybank2u Biz

One-stop online banking platform for you to handle your banking transactions at your convenience and also to have better financial control over your accounts.

Main Features

  • View account balances and transaction history
  • Perform fund transfer within Maybank and Interbank Giro
  • Check cheque status, stop cheque and request cheque book
  • Bill payments
  • View and print your account statement
  • Upload Maybank AutoCredit bulk payment file
  • Dual control security - segregation of duty with Checker and maker process
  • Perform overseas fund transfer

Fees & Charges

  • No subscription fee

Click here for more info

 

Solid Sustainability

Vital essentials to be included in your in your SME First Account to help you establish your business

Maybank AutoCredit

A fully-automated system that enables you to process payments in bulk at your convenience, either to companies or individuals

Main Features

  • Multiple payments to different channels at the same time
  • Ease of file transmission for payment via Maybank2u Biz
  • Capable to handle high transaction volume and all types of payments
  • Availability of Audit Trail and summary report
  • Perform periodical bulk payment from one Maybank account to many accounts within Maybank or other banks

Fees & Charges

  • No Subscription fee. Transaction fee apply

Special Offer to SME First Account Holder

  • 3 months transaction fees waiver upon successful subscription

Click here for more info


SME Commercial Credit Cards

Available to newly setup companies based on Fixed Deposit 1:1 with minimum amount RM10,000
Selection of commercial cards offered to you:

Maybank Visa Corporate Card*
*only applicable in conventional scheme

An ideal companion that helps pay your company's business travel, entertainment and business expenses. Enjoy unlimited cash rebates 0.5% on your company's retail transaction.

  • Main Features
  • Travel & Business Privileges: Complimentary Personal Accident insurance of up to RM700,000
  • 0% interest free instalment plans and up to 60 interest free days on purchase

Click here for more details


MAS AMEX Business Card*

*only applicable in conventional scheme

Earn faster MAS Enrich Mile and savings on Malaysia Airlines international flights

  • Main Features
  • 10,000 Bonus Enrich Miles
  • 5% savings on international flights
  • Up to 50 interest free days on purchases
  • 2 Enrich Miles for every RM5 overseas spend and 1 Enrich Mile for every RM5 local spend

Click here for more details 


Merchant Point-of-Sales

Facilities that your business can offer as a payment option to your valued customers supported by American Express, VISA, Mastercard, MyDebit, JCB, UPI

Main Features

  • Full suite of payment channel vis POS terminal, mPOS devices, M2U, Maybank eCommerce payment gateway
  • Quick reimbursement for all Payment Cards transaction

Fees & Charges

  • Merchant fee: charged by the bank on the transaction amount
  • Terminal Rental Fee: fixed monthly rental ranging from RM80 to RM150 per month per terminal

Special Offer to SME First Account Holder

  • 3 months rental fee waiver 


Overseas Fund Transfer (Foreign Telegraphic Transfer)

Transfer money to more than 100 countries worldwide by credit account to beneficiary with low fee via Maybank2u/Maybank2u Biz

Main Features

  • Fund will be transferred within 2 working days
  • Daily transfer limit:
    • M2U: Min RM250; Max RM30,000
    • M2U Biz: Min RM250; Max RM49,999

Fees & Charges

  • Born by Sender: Service Fee RM10 (6% GST applies)
    Note: The beneficiary bank/agent may charge a fee to the receiver. This is usually deducted from the total payable to the beneficiary

Special Offer to SME First Account Holder

  • 20% discount on service fee of RM10 (after 20% discount = RM8; 6% GST applies) if you transfer online


Strong Suite

While you may thrive on risks, we'd like to think that you won't have to with your SME First Account's protection plan, all while seizing opportunities to expand

Insurance for the Key Person

The most valuable assets is often left uninsured - the key person of a business. The need is for the certainty that there will be cash, in the right hands, at the right time. This can be achieved by a protection plan being affected on the life of the appropriate key person(s).

Who could be the key person in your business? 

Sales Person
Technical Expert
Director/Manager (May also be the business owner)
If without them the profitability of business will be affected, more difficult to attract new customers
Without this person products might be defective, unable to meet customers need and new product development would be hindered
Without this person there would be severe implications for the business as this person creates company's vision, mission and direction of the business 

A business may be well capitalised in terms of assets and possibly (depending on accounting policy) goodwill, but what it may not have is the ability to call on fairly large sums of cash at short notice.

Get a Protection Plan

Speak to our Personal Financial Advisors who will guide you in making an informed decision to protect your business. 

 

Loans & Finance

We offer financial solutions to help you acquire the assets you need. Check out SME Clean Loan/Financing-i, a no collateral loan/financing to boost your company working capital

Main Features

  • No collateral required
  • Fast approval
  • No early settlement fees

Who can sign up?

  • Sole Proprietorship
  • Partnership
  • Private Limited Company
  • Professional

Note: Business with more than 12 digits registration number are not eligible for this account. Click here for Corporate Current Account.

Why you should sign up?

SME First Account is a one stop solutions for SMEs, convenient, better value for money and fast track to financing

How to sign up?

Download Application Form 

Download Board Resolution 

 

Terms & Conditions apply 

 

 

Next steps

Board Resolution template

Download Board Resolution template here for any account opening and/or subscription of online banking services.

Call us

Got a question? Call our Customer Care hotline at 1300-88-6688, any time, any day

 
 

Next steps

Board Resolution template

Download Board Resolution template here for any account opening and/or subscription of online banking services.

Call us

Got a question? Call our Customer Care hotline at 1300-88-6688, any time, any day