CIMB Bank Onboards Infineon Melaka onto Its Payroll Banking Solution

CIMB Bank Berhad onboarded more than 10,000 Infineon Technologies (M) Sdn. Bhd. Melaka employees onto its CIMB@Work payroll banking solution, the bank announced on Aug 20, 2026.

The initiative ranks among CIMB@Work's largest payroll onboarding efforts. Enrolled employees gain access to preferential rates on personal loans and term financing, lower income requirements for selected CIMB credit cards and 20% cashback on tolls, transit and overseas spending via the CIMB Visa Debit Card. Outward foreign telegraphic transfers at CIMB branches carry preferential foreign exchange rates.

Employees can manage salary, savings and bills through the CIMB OCTO app. Financial terms of the arrangement were not disclosed.