Apply for a DBS Business Account online

Please select an account type
Digital Business Account

For new businesses. Low minimum balance, no monthly fee, free online & mobile banking and online domestic (SKN) transactions. Click Here To Apply

Multi-Currency Account

1 Account, 12 Currencies – save on foreign exchange cost, enjoy free transactions and earn interest. Click Here To Apply

Account Comparison
  Digital Business
Account
Multi-Currency Account
Minimum balance / Minimum initial deposit IDR 10,000,000,-/ USD 1000
*Effective 1 January 2023
IDR 50,000,000,- or equivalent
*Effective 1 January 2023

Currencies available

IDR, USD 12 currencies including IDR, SGD, USD

Monthly account fee

NIL NIL

Fall-below fee

IDR 50,000,- or USD 50 IDR 100,000,-

Internet & Mobile banking (IDEAL™) fee

FREE! FREE!

Security Device

Unlimited FREE digital tokens (authentication using your iOS or Android device) Unlimited FREE digital tokens (authentication using your iOS or Android device)

Transactions

Free 20 SKN IDEAL transaction/ per month/ per account with requirement Minimum 5 transaction and  Minimum average balance IDR 5,000,000,-/  USD 500

Free 30 SKN & RTGS IDEAL transaction/ per month/ per account with requirement Minimum 5 transaction and Minimum average balance IDR 10,000,000,-


Or

Free 50 SKN & RTGS IDEAL transaction/ per month/ per account with requirement. Minimum 5 transaction and Minimum average balance IDR 1,000,000,000,-


OTT Charge: USD 25

Free bank notes deposit fee (USD & SGD) 2
 

 

Why Open An Account With Us

Dedicated relationship manager to provide one-stop solutions

Transact on-the-go with free mobile banking app. View DBS accounts across countries with a single login

Beneficiary receives payment within 10 minutes when you transfer funds to your DBS Business Account in Singapore, China, Hong Kong, India and Taiwan on IDEAL

Exclusive access to events and a community of Asia's business masterminds with DBS BusinessClass

Lower rates to specially selected solutions i.e. accounting and workspace to help you go further and faster