Citibank Malaysia Business Power is an integrated account comprising your business premises loan and checking account. This gives you the flexibility of accessing extra cash with check book, making it a ready-to-use credit line.
Features & Benfits:
- Gain more financial strength with extra cash through our unique integration of business loan with a checking account.
- Take charge by combining your company’s loan and checking account into one integrated account.
- Work smarter and harder with a daily interest calculation that reduces your loan balance and interest payments with every cent you deposit into your account.
- Easy access to re-use your funds up to your available credit limits using your check book.
- Optional MLTA or MRTA insurance plan to safeguard your business premises.
Requirements:
- Current Account Statements for all your Current Accounts for the past 6 month.
- Loan statements for all your loans for the last 6 months (if any).
- The ICs of all directors/partners/sole proprietors/ any guarantor.
- Memorandum of Articles of Association (if you are limited company).
- Form 24 and 49 (if you are a limited company) and latest forms of annual returns.
- Registration of Business. Form A & D or B & D (if you are a partnership or a sole proprietor).
- Audited Financial Accounts for the past 2 years.
- Certified Accounts for the past 2 years (if you are a partnership or soleprietor).
- Income documents (e.g. Form J or Form EA) of directors/partners/sole proprietors and any guarantors.
- Tenancy/Lease Agreement (if property rented to a 3rd party).
- Photocopy of Title Deeds.
- Valuation Report.
- Sales & Purchase Agreement.
