THE PREFERRED CHOICE

CIMB SINGAPORE OFFERS HNWIS ACCESS TO TOP‑TIER WEALTH MANAGEMENT SOLUTIONS AND GREATER FLEXIBILITY WHEN INVESTING

Known for its attractive savings account interest rates and fixed deposit rates, CIMB Singapore has a special banking programme for its customers with assets of S$250,000 and above. The bank's Preferred Banking programme offers such high‑net‑worth customers perks such as preferential rates and a wider product range.

Options Aplenty

Banks in Singapore typically cooperate with a few insurers and fund houses to jointly offer investment opportunities to their clients. CIMB Singapore, on the other hand, is not tied to just a few insurers or unit trust managers. As part of its commitment to open architecture, it offers its Preferred Banking customers access to a wide variety of investment options across many providers, including more than 700 unit trust funds.

This way, its relationship managers have the latitude to recommend products tailored to Preferred Banking customers’ needs, optimising their investments. Clients can even choose to include a selection drawn across multiple providers in their portfolio.

According to the bank, the different products from each insurer have their own unique strengths. This allows clients the flexibility to, for instance, spread their funds in retirement solutions offered by the different insurers.

Wealth of Privileges

CIMB Singapore’s Preferred Banking customers also enjoy a variety of privileges that give them an edge when managing their wealth. For instance, they receive preferential rates on wealth management solutions with no hidden charges. They are also granted easier access to bond primary issues, similar to what Private Banking customers enjoy. In fact, they have access to the majority of the bond primary issues in addition to the already wide selection of secondary market bonds.

Preferred Banking customers enjoy greater flexibility when investing, too. One of the most efficient financing capabilities for bond investments is through a route called reverse repo, which lets clients take advantage of the current low interest rate environment to structure their bond investments with financing.

A Strong Regional Presence

Preferred Banking customers can enjoy exclusive rates, products and services not just in Singapore, but also in any Asean country with CIMB presence. This is a boon for global citizens whose business takes them to different locations and who own assets in more than one city. CIMB Singapore frequently assists Preferred Banking customers relocating to other Asean countries with the bank seamlessly porting customers’ Preferred status to their destination. They also enjoy a suite of holistic wealth management solutions across the entire CIMB network. In the near future, CIMB Singapore will be launching new cross‑border financing products too.

Visit cimbbank.sg/pref-peak for more on the CIMB Preferred Banking programme.

As part of its commitment to open architecture, CIMB Singapore offers its Preferred Banking customers access to a wide variety of investment options across many providers, including more than 700 unit trust funds.