Everything Your Business Needs in One Platform
SME banking solutions, payment acceptance and lending brought together in one platform designed for Malaysian SMEs.
Everything Your Business Needs to Grow
Manage your SME banking, accept business payments and access financing with simple financial solutions built for Malaysian businesses.
Unstoppable Benefits
With high daily interest.
No lock-ins & no minimum balance.
No Branch Visits
Open your business banking account digitally in 5 minutes.
Payment Services
DuitNow QR, cards acceptance and online payment gateway in one-go.
Fast Business Financing
Get fast business funds, disbursed in 24 hours.
Same-Day Settlements
DuitNow QR settlements everyday (including weekends & public holidays).
Choose Your Mode
Two Options. One Goal.
Decide how you want Boost SME to power up your business.
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Forget FDs, seriously.
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Enjoy compounding interest daily, paid out every month - no lock-ins, no minimum balance, no catch.
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Who should choose Boost Grow:
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Best for businesses building long-term growth and passive income.
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Featured Services
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✔ Business Account (Current or Savings)
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✔ DuitNow QR, Cards & Online Payment acceptance
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✔ Business financing up to RM300,000
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Get Paid from Every Sale
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Earn sales rebates on up to RM2,000 of monthly transactions. Plus, earn 0.5% p.a. daily interest.ㅤㅤ
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Who should choose Boost Flow:
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Best for micro-SMEs looking to keep cash flowing and costs low.
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Featured Services
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✔ Business Account (Current or Savings)
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✔ DuitNow QR, Cards & Online Payment acceptance
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✔ Earn rebates from eligible monthly sales
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All eligible deposits are protected by PIDM up to RM250,000 for each depositor.
Business Financing
Get Business Breakthroughs with Fast Financing
Access a variety of financing solutions with simple online applications, fast approvals and quick disbursements.
Disbursed in 24 hours
Biz Loan
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Business Needs Need a large, one-time sum of money with a fixed repayment schedule and predictable monthly payments over a specified period
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Financing Amount up to RM 1,500,000
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Approval Time within 10 minutes (for loans under RM300,000)
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Financing Tenure up to 36 months
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Interest Rate as low as 9.9%* p.a.
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Disbursement as fast as 24 hours upon acceptance
Instant Credit Line
Merchant Cash Advance
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Instant Credit Line Financing that supports quick working capital requirements with accessible financing as fast as a month in operation
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Financing Amount from RM10,000 to RM300,000
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Approval Time pre-approved limit after RM2,000 monthly sales
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Financing Rate one-time from 6% + 0.5% legal fees
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Financing Type Shariah-compliant
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Repayment flexible payment via settlement deductions up to 24 months
Get Started
Up and Running in 5 Minutes
Built so you spend less time on admin and more time on your business.
Choose Your Package
Pick Boost Grow or Boost Flow based on your business needs.
Provide Your Documents
Provide relevant details to verify your business. No branch visits needed.
Your Mastery Begins
Start earning, accept payments and unlock more business benefits once your account is activated.
More Information
- For Business Current Account and/or Digital Savings Account, click here.
- For Business Current Account and/or Digital Savings Account, click here.
- For Boost Bank x Boost Connect SME Device Campaign, click here.
Frequently Asked Questions
Straight Answers. Less Financial Jargons
Boost Bank business current account is a current account product offered for registered SME businesses for daily business account needs.
Boost Bank digital savings account is a savings account product offered for SME individual merchants for daily account needs.
Payment services are a range of financial products like payment gateway, in-store card and DuitNow QR offered by our affiliated company - Boost Connect.
Boost SME is the all-in-one SME platform cater for SME segments in which customers can subscribe to bank account services or payment solutions like payment gateway, in-store card and Duitnow QR.
Boost SME bank account is designed to serve the SME business segment, whereas the Boost Bank retail bank account is to cater for individual retail customers.
| Document Required | Individual / Sole Proprietorship | Partnership | Sdn Bhd (Private Limited) |
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| MyKad | ✔ | ✔ | ✔ |
| Signed LOA / Board Resolution (Optional) | - | ✔ | ✔ |
| Additional requirement for payment services | |||
| In-Store Payment Services: Exterior & interior outlet photo | |||
| Online Payment Services: Business website, social media URL | |||
Both products come with an account + Payment Services, but they're designed for different business needs.
Boost Grow:
- Best for businesses looking to grow their savings over time
- Earn 3% p.a., compounded daily
- No lock-in period, so your funds remain accessible
- Ideal if your priority is growing idle cash.
Boost Flow:
- Best for businesses that process regular customer payments.
- Earn 0.1% MDR rebates on eligible transactions, up to RM2,000 in rebates per month.
- Helps reduce payment acceptance costs by giving you rebates on Merchant Discount Rates (MDR).
- Ideal if your priority is maximising savings on payment processing fees.
Boost merchants who have opted for Boost Flow will enjoy a 0.5% interest per annum via the Boost SME account, as well as a 0.1% rebate on sales transactions carried out via Boost platform. The detail criteria to be met are as follows:
- Monthly average deposit balance shall be RM500 and above, and,
- Have sales transactions via DNQR payment.
The rebate calculation shall be based on the DNQR sales transactions only. There are 2 tiers of the calculation:
| Tier | Boost SME account monthly average deposit balance | DNQR sales transaction for the month | Rebate |
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| Tier 1 | RM500.00 – RM999.99 | First RM1,000 | 0.1% of the first RM1,000, whichever is higher |
| Tier 2 | Above RM1,000 | First RM2,000 | 0.1% of the first RM2,000, whichever is higher |
No, Boost merchants are not allowed to switch plan once the onboarding process is complete.
You can either sign up and onboard in our web portal - https://myboostsme.co or mobile application by searching for 'Boost SME' in Google Playstore and Apple Appstore.
Eligible entities for the Boost SME bank accounts include Private Limited Companies (Sdn Bhd), Partnerships, Sole Proprietorships (all registered with SSM and holding a valid Business Registration Number), and Individual Merchants operating without SSM registration.
For registered SME businesses and individual merchants, your interest rate depends on the product you choose:
Boost Grow: Earn 3.0% p.a. interest on your account balance.
Boost Flow: Earn 0.5% p.a. interest on your account balance.
Interest is calculated daily based on your end-of-day balance.
Interest is calculated daily using your end-of-day account balance.
A RM10 annual service charge applies to accounts with balances below the minimum required balance. However, this charge is currently waived until further notice.
A RM10 annual dormant account charge applies to dormant accounts.
Yes. Daily interest will only be credited to your account if the earned amount for that day is at least RM0.01 after rounding.
The Campaign offers eligible merchants a rebate on selected payment devices upon successful onboarding of a Boost Bank SME account and Boost Connect payment acceptance services.
The Campaign is valid until 31 December 2026, or until the allocated campaign quota is fully utilised, whichever occurs first.
The Campaign is limited to the first 1,000 eligible merchants on a first-come, first-served basis.
To qualify for the Campaign, merchants must:
i. Successfully open and activate a Boost Bank SME account; choosing either Boost Grow, or Boost Flow during the onboarding process.
ii. Be a new merchant signing up via the Boost SME onboarding journey.
iii. Successfully onboard as a Boost Connect merchant for eligible payment acceptance services.
iv. Select and designate the Boost Bank SME account as the settlement account for Boost Connect payment services.
v. Meet all onboarding, KYC, compliance, and risk assessment requirements imposed by Boost Bank and/or Boost Connect.
vi. Remain active and in good standing at the time the rebate is credited.
Soundbox Devices
i. Merchants are required to pay the full device price upfront.
ii. The Campaign rebate is capped at RM200 per merchant/device.
iii. The rebate may be applied against:
a. Device cost; and/or
b. Shipping, delivery, activation, setup or related charges.
iv. Where the total amount payable exceeds RM200, the merchant shall bear the excess amount.
v. Soundbox devices do not include SIM cards, mobile data plans, telecommunications services, or related charges unless otherwise specified by Boost Connect.
vi. The rebate will be credited into the merchant's Boost Bank SME account approximately two (2) months after successful installation and activation of the device, subject to eligibility verification.
Boost Terminal
Merchants are required to purchase the terminal outright at the prevailing campaign price.
A RM200 rebate will be credited into the merchant's Boost Bank SME account approximately two (2) months after successful installation and activation, subject to eligibility verification.
The rebate will only be credited if:
i. The merchant's Boost Bank SME account remains active.
ii. The merchant's Boost Connect account remains active and in good standing.
iii. The device has been successfully installed and activated.
iv. No fraud, abuse, suspicious transaction activity, or policy violations are detected.
v. All required documentation and onboarding requirements have been completed.
Should there be any refund, the applicable rebate will not be refunded under this Campaign.
Settlement is generally the term applied to the exchange of payment to the merchant and the report of settlement of a transaction between customer and merchant. It is automatically refreshed on a daily basis at 12AM. You can view your settlement by DAILY, WEEKLY and MONTHLY. There will also be a daily settlement report notification emailed to you.
Same day Settlement refers to sales transactions processed via Boost platform, monies duly collected by Boost will be settled to merchants on the same day.
Only DNQR transactions and merchants having a Boost Bank account will be settled on the same day, daily, including holidays and weekends.
You may refer to the table below on the timeframe for settlement clearance:
| Merchant Settlement Bank | Settlement to reflect in your designated bank account |
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| Boost Bank | T+0 daily (including holiday and weekends) |
Merchants must open and designate Boost Bank as the Settlement account. Start transacting via Boost platform, all the DNQR transactions payment will be settled on the same day.
You’ll need to provide your service provider with your most recent Boost Bank’s Account Statement header. Please check with your service provider if any other requirements apply.
For existing Boost Biz merchants, submit a request via email to business@myboost.co with the above-mentioned document.
1. Login to your Boost SME portal via app or web.
2. Click “Statement” from your dashboard.
3. Select your e-Statement period & click “Download Statement”.
4. Once downloaded, you may crop the header from the statement you have just downloaded.
