{"id":42343,"date":"2020-02-21T10:57:57","date_gmt":"2020-02-21T02:57:57","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=42343"},"modified":"2020-02-21T11:02:41","modified_gmt":"2020-02-21T03:02:41","slug":"maybank-online-business-account-sme","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/maybank-online-business-account-sme","title":{"rendered":"Maybank Launches Online Business Account Opening For SMEs"},"content":{"rendered":"
Small and medium industries (SMEs) in Malaysia can now open an online business account instantly via Maybank.<\/p>\n
Through Maybank\u2019s online banking platform, Maybank2u, business owners will now be able to open a conventional or an Islamic business account, wherever they are and without an introducer.<\/p>\n
This service is aimed to enhance the progress of SMEs in Malaysia. Datuk John Chong, Group Chief Executive Officer of Maybank\u2019s Community Financial Services (CFS) said,<\/p>\n
\u201cSMEs are an important engine of growth for Malaysia, contributing 38.3% to the GDP. Opening a business account is a key step to enabling them to access a host of banking solutions that can support their operational demands and meet expansion needs.\u201d<\/p><\/blockquote>\n
Details about the new launch:<\/h2>\n
<\/p>\n\n
- The first of its kind and fastest in Malaysia.<\/li>\n
- Available to new and existing customers.<\/li>\n
- Available for micro, small and medium enterprises as well as sole and non-sole proprietors.<\/li>\n
- Customers are required to activate the account within 10 working days by visiting their pre-selected branch.<\/li>\n
- SMEs can place fixed deposits, tap on payroll and payment solutions (including credit cards, Maybank QRPay, and Tap2Phone via their account.<\/li>\n
- Equipped with an intelligent capacity that is able to recommend the best banking account for a SME based on its size, nature and location.<\/div>
<\/div><\/div><\/li>\n<\/ul>\nThe feature also consists of online financing feature which provides instant approvals to eligible applicants within 24 hours.<\/p>\n
Below are the details of financing amounts being provided by Maybank:<\/p>\n
<\/p>\nFor micro-entrepreneurs, the financing amount is from RM20,000 to RM50,000.<\/strong><\/div>
<\/div><\/div>\n<\/p>\nFor SMEs, the financing amount is up to RM1.5 million.<\/strong><\/div>
<\/div><\/div>\n[Source: 1<\/a>, 2<\/a>]<\/p>\n