In line with the introduction of the new generation business banking application, CIMB OCTO Biz, CIMB has now also shared that they are targeting the termination of the BizChannel application by 2027. However, as usual, this will be subject to several things before the date.
CIMB OCTO Biz is a more modern banking application with various new features. The introduction of this application is also in line with the OCTO branding used for the application for personal accounts.
CIMB OCTO Biz also comes with support for real-time cash flow dashboard display, bulk payment support for business and management purposes, access to 18 months of bank statements, as well as better security support.
CIMB business account users can now download the CIMB OCTO Biz application which is offered for iPhone and Android.