Cash and Accounts
Manage your company finances easily and conveniently
Run your business smoothly with DBS Business Account, which offers a comprehensive range of services designed to help you grow. Our account allows you to manage your company finances online quickly and easily. You can also make withdrawals at more than 900 ATMs island-wide as we have the largest banking network in town.
Why choose DBS Business Account?
Switching to us will be a hassle-free process. We have put together a list of where you can find the commonly used GIRO authorisation forms for your perusal:
You may also contact our cash management specialist at email@example.com for assistance.
How do I apply?
There are three ways to apply.
Enjoy IDEALTM fee waivers* by starting your application online. This service is available to Sole Proprietorships, Partnerships, Limited Liability Partnerships and Private/Limited Companies.
You may also make an appointment with any of our DBS branches by calling DBS Business Care at 1800 222 2200 or +65 6222 2200 (if you’re calling from overseas). Please note that appointments are available during non-peak hours on weekdays (peak hours are 11.00am to 2.00pm).
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
For SGD Business Account, the minimum average daily balance requirement will be changed from SGD 8,000 to SGD 10,000 and fall-below fee will be changed from SGD 25 to SGD 35 with effect from 1 Jan'15.