Credit Facilities

DBS Social Enterprise Special Package

DBS Enterprise Banking supports Social Entrepreneurship as its on-going community project. We are well-positioned to support the Social Enterprises (SEs) in growing their businesses into commercially viable ones so that they can contribute to society on a self-sustaining basis.

Social Enterprise Special Package consists of various banking privileges that have been specially customized to help SEs meet the banking needs of their businesses.

Sign up for DBS Social Enterprise Special Package and enjoy:

SOCIAL BANKING

1. Waiver of selected cash management fees for up to TWO years
   • Waiver of Corporate Current Account f all-below f ee of SGD15
   • Annual fee waiver for DBS Business Platinum Card (Usual: SGD180 per year)
   • Waiver of DBS IDEAL™, our corporate internet banking platform s et-up f ee of SGD 30
   • Perpetual w aiver of DBS IDEAL™ monthly subscription fees of SGD 30
2. Reduced Fees for Withdrawals:
   • MEPS Manual flat fee of SGD18 (Usual: SGD 20)
   • MEPS via DBS IDEAL™ flat fee of SGD10 (Usual: SGD18)
   • Cheque Express via DBS IDEAL™ fee of SGD 0.60 (Usual: SGD 0.80)
   • ITT via DBS IDEAL™ flat fee of SGD 5 (Usual: SGD 10)
   • GIRO fees of SGD 0.10 per transaction for collections, payments and payroll (Usual: SGD 0.20)

For OTT and ODD via DBS IDEAL™:

• Handling fee: 1/8%, min. SGD 10 capped at SGD 50 (Usual: Up to SGD 100)
• Waiver of commission-in-lieu of exchange (Usual: 1/8%, min. SGD 10, max SGD 100)
• Cable SGD 20

PREFERRED FUNDING RATES

• Preferential interest rates on DBS Business Loan and Unsecured Overdraft
• Waiver of processing fees for Grow with DBS - Local Enterprise Finance Scheme (LEFS) Micro Loan

ENHANCED EMPLOYEE BENEFITS*

• Special privileges for employees of social enterprises, as follows:
  • Mortgage loan
  • Cashline
  • Renovation loan
  • Credit cards
  • Vehicle loan
  • General insurance
• No cost or financial liability to the company

Customer Eligibility
All Social Enterprises are eligible for the DBS Social Enterprise Special Package.

Fees, rates and charges
We offer competitive rates. Please call the following to find out more:

• Monica Marthen at ext 6878 5933
• Leah Tan at ext 6878 6451
• Bella Thong at ext 6878 9514

*Social Enterprises are required to sign a Memorandum of Understanding before their employees may enjoy the benefits.

The above terms are subject to change at the sole discretion of DBS Bank Ltd.