Your Accounts

Multi-Currency Account

The DBS Multi-Currency Autosave Account enables you to save and transact in SGD and foreign currencies all in one account.

We provide you unrivalled transactional convenience thanks to our extensive network and through our iBanking and digibank app platforms.

Benefits

  • Save and transact in SGD and foreign currencies under one account – simpler and hassle-free.
  • For the list of currencies and interest rates, click here.
  • Enjoy the most convenient everyday banking in Singapore via the largest network of ATM/branches and iBanking/digibank app.
  • Overseas funds transfer at preferential exchange rates, direct debiting from your foreign currency balance.  Avoid additional FX conversion or fees.
  • Easy deposits via DBS branches, iBanking or digibank app.

How to Apply

  • Sign up online via iBanking.
  • Contact your Wealth Manager or visit any of our branches.

Not an iBanking customer? Get started


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 SGD50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Minimum Sum Scheme are aggregated and separately insured up to SGD50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Conversions between currencies involve fluctuations and are subject to exchange controls. If you are converting from another currency to place the deposit and intend to convert it to the original currency, exchange rate fluctuations could cause the converted amount to be less than your original amount.

 

Benefits

  • Our best-in-class local deposit account
    • Widest network to more than 1,000 ATMs, Cash Deposit Machines and Quick Cheque Deposit Boxes self-service banking services in Singapore.
    • One time account opening and one account number to remember (For SGD and foreign currencies).
    • An interest-earning account, packaged with debit card, iBanking and eStatement to meet all your banking needs.
    • All-in-one eStatement to show both SGD and foreign currencies balances and transaction details.
  • Better manage your foreign exchange exposure
    • Easy conversion from one currency to another, to take advantage of any foreign exchange movement
    • Withdrawal in foreign currencies without further foreign exchange conversions
    • Receive foreign currency funds directly into your account
  • Accessible via multiple channels
    • Branch
    • iBanking
    • digibank app
  • 3 options of MCA to choose from to best meet your needs
     iBankingeStatementCheque Facilities
    eMulti-Currency Autosave (eMCA) 
    eMulti-Currency Autosave Plus (eMCA+)
    Multi-Currency Autosave Plus(MCA+)  
Note
- Foreign currency transactions are subject to exchange rate fluctuations, which may result in capital gains or losses; such accounts may also be subject to exchange controls imposed on the currency held.
 

Eligibility and Requirement

  • At least 18 years old
  • No initial deposit required
Note
- Foreign currency transactions are subject to exchange rate fluctuations, which may result in capital gains or losses; such accounts may also be subject to exchange controls imposed on the currency held.

Fees

 eMulti-Currency Autosave (eMCA)eMulti-Currency Autosave Plus (eMCA+)Multi-Currency Autosave Plus(MCA+)
Monthly Account FeeN.AS$2S$4
Fall-below fee if the average daily balance falls below S$3,000
(based on total SGD equivalent of SGD and foreign currency balances)
S$7.50
Cheque Book ChargesN.AThe first SGD cheque book on account opening is free. Thereafter, it is S$10 per additional cheque book (50 leaves).

Please refer to the Deposits Guide for the list of applicable fees.

Note
- Foreign currency transactions are subject to exchange rate fluctuations, which may result in capital gains or losses; such accounts may also be subject to exchange controls imposed on the currency held.
Note
- Foreign currency transactions are subject to exchange rate fluctuations, which may result in capital gains or losses; such accounts may also be subject to exchange controls imposed on the currency held.