Apply for a DBS Business Account online

Suitable for

• start-ups with low minimum balances

• Mostly transact online

Everything you need for a trading business

Minimum balance

IDR 500,000 or USD 50

IDR 10 mil

Minimum initial deposit

IDR 500,000 or USD 50

IDR 10 mil

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

100 FREE
local transactions via SKN on IDEAL™ per month via cashback

• 2 free cheque/Giro books

• 30 free SKN & RTGS, or

• 50 free SKN & RTGS if bal > IDR 1bil

• OTT: USD 25

Interest

< IDR 100mil: 0.75%
IDR 100mil to < IDR 250mil: 1.5%
IDR 250mil to < IDR 500mil: 1.75%
IDR 500mil to < IDR 1bil: 2%
IDR 1bil to < IDR 2bil: 2.25%
≥ IDR 2bil: 2.5%

< IDR 250mil: 0.5%
IDR 250mil to < IDR 1bil: 2%
IDR 1bil to < IDR 2.5bil: 3%
IDR 2.5bil to < IDR 5bil: 4%
≥ IDR 5bil: 5%

FX rates

Standard rates

Preferential rates on DealOnline, DBS FX Trading platform