Alliance Business Current Account

A Business Current Account That Does Even More.

Designed to help SMEs start, grow and expand. Gain access to a wide range of business banking solutions and personalised advisory services. A member of PIDM. Protected by PIDM up to RM250,000 for each depositor.
OPEN AN ACCOUNT

Every Aspect of Your Business is Covered with a Business Current Account

Enjoy these benefits when you open a Business Current Account with us with RM500 minimum deposit*
 

*Terms and conditions apply.

Faster and Easier Access with BizSmart®

  • Instant access with BizSmart® Mobile app
  • Submit and schedule multiple transactions at one go
  • Manage your trade financing in one app
  • Use it anytime, anywhere

Total Payroll Solution

  • Day-to-day operation support
  • Attractive rates for deposit and financing needs
  • Complimentary on-site salary account opening saves your time and money
  • Remit money 24/7 with Cash2Home mobile app

Comprehensive solutions to elevate your business

  • Digitise your business for greater efficiency and productivity
  • Manage your operational costs effectively to optimise your profits
  • Generate more online sales
  • Develop and empower your employees
  • Tap into the halal market by getting your business halal certified

Expand Your Business Outreach

  • Feature your business on our social media
  • Reach new audiences, get new customers
  • Increase your digital exposure with marketing opportunities
  • Connect with SMEs and local communities to build valuable relationships

Get exclusive fee waivers when you sign up for BizSmart® Banking.

  Charges on BizSmart Internet Banking
Inquiry Only Transactional
SOLE PROPRIETOR Free RM5
SME / OTHERS Free RM30
If you sign up online
AND
meet the waiver criteria T&Cs*
Monthly charges Waived*
Click here to see the differences between Inquiry and Transactional

Waiver criteria T&Cs: Minimum 10 successful e-payments monthly, or maintain RM50,000 (for SME) and RM30,000 (for sole proprietor) average monthly current account balance or overdraft utilisation.

If the current month waiver criteria are not met, the Bank will charge the BizSmart® monthly subscription fee and transaction fee for the current month in the following month.

Open your business current account with us in just 3 simple steps

With minimum deposit of only RM500!
1
 
Complete the web form & upload your NRIC.
2
 
Our Relationship Manager will contact you for:
- Documents required
- Scheduling of an appointment for quick verification process
3 Once all documents & details are verified, your account number will be generated!
  • You are now ready to start your business journey with us!

Frequently Asked Questions

  • Application Form to be signed by all authorised signatories as per Board Resolution.

Certified True Copy for all of the following documents:

  • Photocopy of MyKad/Passport for the following:-
    1. All authorised signatories and
    2. Identified Beneficiary Owners and
    3. All Directors’ who are not Authorised Signatories.

For Companies Incorporated prior to 31 January 2017

  • Board / Extract of Resolution.
  • Memorandum & Articles of Association.
  • Certificate of Incorporation – Form 9 (for Sdn Bhd) / Section 17.
  • Certificate for Commencement of Business – Form 23 (for Bhd).
  • List of Directors & Secretary - Form 49 / Section 58.
  • Shareholding/Issue & Paid up Capital - Form 24 / Section 78.
  • Registered Office - Form 44 / Section 46(3).
  • Certificate of Change of Name - Form 13 / Section 28 (if applicable).
  • Latest Annual Return (if applicable).

For Companies Incorporated on/after 31 January 2017

  • Board / Extract of Resolution.
  • Constitution (If Any).
  • Notice of Registration (Section 15) – Email Format / Certificate of Incorporation (Section 17).
  • Application of registration of a Company (Section 14).
  • Return for allotment of share - Section 78 (if applicable).
  • Notification of Appointment of the first Company Secretary – Section 58 & 236(2).
  • Notification of Change in the Register of Directors, Managers and Secretaries – Section 58 (if applicable).
  • Notification of Change in the Registered Address - Section 46(3) (if applicable).
  • Certificate of Change of Name - Section 28 (if applicable).
  • Latest Annual Return (if applicable).
  • Application Form to be signed by Business Owner (for Sole Proprietor) or all partners (for Partnership & LLP).

Certified True Copy for all of the following documents:

  • Photocopy of MyKad/Passport for the following:-
    1. Business Owner (for Sole Proprietor) or
    2. All partners (for Partnership & LLP).
  • Trading License (applicable for Sabah & Sarawak only).
  • Borang A – Business Certificate of Registration (for Sole Proprietor & Partnership).
  • Borang B – Change of Particulars of Sole Proprietor or Partners (if any).
  • Borang D – Annual Renewal Certificate.
  • Partnership’s Deed/Agreement if available (for Partnership & LLP).
  • Notice of Registration under Akta LLP 2012 (for LLP only).
  • Certificate of Incorporation (for LLP only).
  • Letter of Authorisation to indicate intention to open account and manner of operating the account (for LLP only).
  • Licensing Authority / Practicing Certificate (e.g. MMA, Real Estate Agent, Architect, etc.) – for professional governed by specific legislation.
  • Application Form – to be signed by appointed signatories as per Minutes & Resolution.

Certified True Copy for all of the following documents:

  • Photocopy of MyKad/Passport of all authorised signatories.
  • Certificate of Registration issued by Registrar of Societies (ROS).
  • Certificate of Registration issued by Registrar of Youth (ROY) (for Youth Org Only).
  • Copy of Rules & Regulations/Constitution/By-laws.
  • Appointment of Office Bearers.
  • Minutes of Meeting - signed by the Chairman and Secretary appointing the bank as their banker and stipulating the mandate pertaining to the operation of account.
  • Registrar specifying investment of funds (for Cooperative only).
  • Application Form – to be signed by all partners/ appointed personnel as per Letter of Authority.

Certified True Copy for all of the following documents:

  • Photocopy of MyKad/Passport of all authorised signatories.
  • Practicing Certificate issued by Bar Council / Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
  • Documentary Evidence of the registration of the Law Firm issued by the Bar Council /Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
  • Undertaking Letter from Solicitor for Client’s Account.
  • Letter of Authorisation (if any).
  • Professional Indemnity Insurance (if any).
  1. Societies/Associations/Clubs
    Certified True Copy for all of the following documents:

    • Photocopy of MyKad/Passport of all authorised signatories.
    • Certificate of Registration issued by Registrar of Societies (ROS).
    • Certificate of Registration issued by Registrar of Youth (ROY) (for Youth Org Only).
    • Copy of Rules & Regulations/Constitution/By-laws.
    • Appointment of Office Bearers.
    • Minutes of Meeting - SIGNED BY THE CHAIRMAN AND SECRETARY APPOINTING THE BANK AS THEIR BANKER AND STIPULATING THE MANDATE PERTAINING TO THE OPERATION OF ACCOUNT.
    • Registrar specifying investment of funds (for Cooperative only).

  2. Professional Body (Solicitor/ Legal Firm/ Real Estate/ Property Management Only)
    Certified True Copy for all of the following documents:

    • Photocopy of MyKad/Passport of all authorised signatories.
    • Practicing Certificate issued by Bar Council / Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
    • Documentary Evidence of the registration of the Law Firm issued by the Bar Council /Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
    • Undertaking Letter from Solicitor for Client’s Account.
    • Letter of Authorisation (if any).
    • Professional Indemnity Insurance (if any).
  3. Statutory/Government Body
    Certified True Copy for all of the following documents:

    • Photocopy of MyKad/Passport of all authorised signatories.
    • Letter of Authority – Issued by Accountant General for accounts opened by Federal Government department, OR issued by State Financial Officer for accounts opened by State Government departments.
    • The letter consists of the following:
      1. Request to open an account.
      2. Names and positions of officials authorised to operate the account and the nature or mandate of operation.

Our relationship managers will contact you within one working day to schedule your appointment.

We will contact the mobile number/ email address of which submitted during the OTP validation stage.

Yes! You may schedule for the appointment to be at your business premise if you wish to do so.

You may refer the fees and charges here.

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