Corporate Multi-Currency Account

A single account to manage local and foreign currencies with ease

Corporate Multi-Currency Account

A single account to manage local and foreign currencies with ease

At a Glance
DBS Corporate Multi-Currency Account helps you to transact across borders seamlessly. Click here to Apply.

1 account, 12 currencies

Manage your IDR and up to 11 foreign currencies in separate wallets under one account

Efficient and cost-effective

Avoid currency conversions when transacting and save on administrative costs with just one account for multiple wallets

Low initial deposit

Open your account with a minimum IDR 10,000,000, or equivalent

Features & Benefits
Minimum balance IDR 50,000,000,- or equivalent
*Effective 1 January 2023
Minimum initial deposit IDR 10,000,000,- or equivalent
Currencies available Indonesia Rupiah (IDR) and 11 foreign currencies including USD, SGD, GBP and AUD. See the full list in the FAQ section.
Security device Unlimited free digital tokens (authenticate with your iOS or Android device).
Monthly account fee IDR 100,000
Annual account fee Free
Fall-below fee IDR 100,000
Internet & mobile banking (DBS IDEAL) fee Free
Cheque books IDR 300,000,-each



LPS Deposit Insurance Scheme

For total deposit (giro, savings, time deposit) amount of Customer up to Rp 2 billion with maximum interest rate equal to the LPS guarantee interest rate, then will be guaranteed by LPS. For total deposit (giro, savings, time deposit) amount with interest rates above the maximum interest rate of the LPS guarantee, then the deposit will not be guaranteed by LPS.

What are the currencies offered under Corporate Multi-Currency Account?

The 12 currencies offered are IDR, SGD, USD, AUD, CNH, HKD, NZD, GBP, SEK, CHF, EUR and JPY. You will receive IDR as first currency after the Multi-Currency Account opening

When will a currency under a Corporate Multi-Currency Account be activated?

If you open a Multi-Currency Account, an Indonesian Rupiah will be automatically added under this account. We may add a new foreign currency wallet under this account when:

  1. you receive funds in that foreign currency;
  2. you indicate your choice of charge currency as a currency other than Indonesian Rupiah;
  3. we make available to you certain facility or service or in any other case where we deem is necessary or desirable for that foreign currency wallet to be added
Can I request the Bank not to activate certain currencies under a Corporate Multi-Currency Account?

Yes, you may opt-out of any currency, except IDR. You will need to submit the Opt-in/Opt-out form to us

Can I view all currencies under a Corporate Multi-Currency Account in my account statement?

Yes, you will be able to retrieve an all-in-one MCA statement through DBS IDEAL It will contain balances and transaction details for all currencies activated, together with respective indicative FX to IDR for your reference. Please ensure that you have access to DBS IDEAL for your Corporate Multi-Currency Account. All currencies activated will be added automatically for viewing and/or transacting in DBS IDEAL

Can I close certain currencies under a Corporate Multi-Currency Account?

No, once added to the Multi-Currency Account, a wallet cannot be closed unless the entire Multi-Currency Account is closed

How will interest payments and charges be done?

They will be independently calculated for each currency wallet under a Multi-Currency Account based on our prevailing interest rates applicable to each relevant currency (if any)