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Payment for SME Bank Financing
You can make your financing payments through the following channels :
Payment Channels
Payment method via Internet Banking
CIMB Clicks Account Holders
Option 1: Through ‘Transfer – Within CIMB Bank’
Option 2: Through Pay BillsPayment instruction must include the following information :
- Customer Repayment Account Number 14 digits - 98955 XXXXXXXXX
- Telephone number
- Customer Name
- Repayment amount
Maybank2u Account Holders
Option 1: Through ‘Transfer – New Interbank Fund Transfer – Make a one off transfer to CIMB Bank Berhad’Payment instruction must include the following information :
- Customer Repayment Account Number 14 digits - 98955 XXXXXXXXX
- Telephone number
- Customer Name
- Repayment amount
- Recipient ID Validation – Choose “No”
Option 2: Through ‘Bill Payment – All Payee – SME Bank’Payment instruction must include the following information :
- Customer Repayment Account Number 14 digits - 98955 XXXXXXXXX
- Customer Name
- Amount
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Fees & Charges
Micro, Small and Medium Enterprises1
Large Enterprise
Processing Fee
Term and Revolving Financing- Up to RM10 million
Not Applicable
RM50,000
- RM10 million to RM20 million
Not Applicable
RM75,000
- Above RM20 million
Not Applicable
RM100,000
Facility Fee for Contract Financing 0.1% of financing amount
Amendment/ Variation of Facility Term & Condition Not Applicable
RM500
Restructuring / Rescheduling of Facility Not Applicable
RM200
Redemption Letter / Statement Not Applicable
RM100
Letter of Support RM100 for each issuance
(Not applicable to Micro Enterprises)Brokerage Fee
[Charged by Bursa Suq Al-Sila’ (BSAS)]RM15 for RM1,000,000 or part thereof for every transaction.
Cancellation Fee Not Applicable
0.25% of the facility limit upon cancellation of the Letter of Offer.
Bank Guarantee Fee Issuance, renewal and amendments related to increase in amount and extension of expiry date/claim period
0.125% per month or minimum RM100 per month
Other amendments (Other than increase in amount and extension of expiry date/claim period) RM50
RM100
Trade Finance Related Issuance of Letter of Credit (LC)
0.15% per month or minimum RM100
Handling Fee (Handling negotiation and payment of LC) RM100
LC amendment (Extension of validity period or incremental value) 0.15% per month or minimum RM100
Other amendments to LC RM100
Issuance of Shipping Guarantee 0.20% of invoice value
SWIFT charges (for foreign correspondences) RM100
Charges in lieu of FOREX (Administrative cost for monitoring the rate, phone, fax and etc.) RM100
Banking Operations
Audit Confirmation (Account Statement)RM50
RM100
Telegraphic Transfer - RENTAS Fee
Inward: Nil
Outward: RM10- Interbank Giro (IBG) for amount below than RM10,000
RM2
Stamp Duty RM10 per stamping (as per Stamp Duty Act)
Note:
1. Micro, Small and Medium Enterprise as defined by National SME Development Council (NSDC).
2. All the above Fees & Charges are exclusive of Goods & Services Tax (GST). -
Below is sample of illustrations for CMTF-i comprising a customized payment schedule under an ideal situation and an illustration on the application of Ibra’ and settlement amount formula.
Ibra’ (rebate) for Sale-Based Financing
