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Pricing Guide

Deposit Accounts & Services for Corporates

Pricing Guide

Deposit Accounts & Services for Corporates

At a glance

We offer a comprehensive range of deposit accounts and services for corporates. This Pricing Guide is applicable to the accounts and related services offered by DBS and is subject to change without prior notice.

Deposit Accounts

Corporate Multi-Currency Account

Min initial deposit S$3,000
Min average daily balance S$10,000
Annual Fee S$40
Monthly Fee No charge
Fall-below Fee[1] S$40
Incidental OD interest charge Prime + 5% p.a. on overdrawn amount (min S$30)
All amounts stated above are in SGD or equivalent
Min overdraft (OD) interest charge[2] AUD, CAD, CHF, EUR, NZD, SEK, SGD, USD: $10
  CNH: $75 GBP: $5 HKD: $55
  JPY: $750 NOK: $50 SEK: $60
Over-the-Counter transaction S$5

 

SGD Current Account

Min initial deposit S$3,000
Min average daily balance S$10,000
Annual Fee S$40
Monthly Fee No charge
Fall-below Fee S$40
Min overdraft (OD) interest charge S$10
Incidental OD interest charge Prime + 5% p.a. on overdrawn amount (min S$30)
Over-the-Counter transaction S$5

 

Foreign Currency Current Account

Currency Min initial deposit & Min Average daily balance Fall-below fee[1] Min OD interest charge[2]
AUD 10,000 40 10
CAD 9,000 40 10
CHF 6,500 25 10
CNH 50,000 200 75
EUR 6,000 25 10
GBP 5,000 25 5
HKD 60,000 200 55
JPY 500,000 3,000 750
NOK 50,000 200 50
NZD 10,000 40 10
SEK 60,000 250 60
THB 200,000 900 200
USD 7,000 30 10

[1] Monthly fall-below fee applies if minimum average daily balance is not met.
For Multi-currency Accounts, minimum average daily balance is determined based on aggregated balances across all wallets in one account 
[2] Minimum charges per month. 

Other Account Services Fees
Account Closure Fee 
(< 6 months from date of opening)
S$50
Referral Letter S$20 per request
Certificate of Balance S$20 per certificate

 

Retrieval of Statements  
- Within 1 year S$20 per copy
- Between 1 & 3 years S$30 per copy
- More than 3 years S$50 per copy

 

Audit Confirmation*  
- By E-mail  S$35
- By Post  S$50
- By E-mail and Post S$90

*Request for Audit Confirmation for all formats can be submitted via IDEAL. Request for Audit Confirmation by Post only can also be done via manual submission.

 

Corporate ATM  
Lost/Stolen card S$5 per card
Local Transactions
  DBS Branches[6] or Manual Instructions DBS IDEAL & Electronic Banking
Account Transfer S$5 per transaction No charge[3]
GIRO    
Payment, Collection & Payroll   S$0.20 per transaction
Standing Instruction    
- Application S$10  
- Amendment S$5  
Payroll over counter S$5 per transaction  
Cheque Express    
- Commission (exclude postage) $5 per cheque S$1.00 per cheque
- Additional Advice   S$0.10 per advice
MEPS[4] S$20 per transaction S$18 per transaction
FAST (Fast and Secure Transfer)[5]    
- Payments Not available S$0.50 per transaction
- Collections Not available S$0.50 per transaction
PayNow[7]    
- Outwards PayNow lookup Not available Waived till 31 Dec 2025
- Inward PayNow Not available Waived till 31 Dec 2025

[3] The bank may impose a charge of S$1 per transaction if volume exceeds 30 per month.
[4] Charges apply for each amendment (S$30), cancellation/recall (S$35) and tracer (S$20). 
[5] For commercial payments. S$5 will apply for non-commercial payments
[6] Additional over-the-counter per-transaction fee may apply.
[7] The Bank reserves the right to impose charges of $0.20 for certain use cases and industries. FAST or GIRO fees will apply for PayNow payments.

Cross-Border Remittances
  DBS Branches[10] or
Manual Instructions
DBS IDEAL & Electronic Banking
Telegraphic Transfers / Demand Drafts[8][9]    
Commission 1/8% (min S$10, max S$120) 1/8% (min S$10, max S$120)
In lieu of exchange
(not involving Foreign Exchange)
1/8% (min S$10, max S$120) 1/8% (min S$10, max S$120)
Cable Charges S$35 S$20
Inward Telegraphic Transfer  
Handling Fee
S$10 per transaction

[8] Fees imposed by Agent Banks and Overseas Banks are not reflected above.
[9] Charges apply for each amendment (S$30), cancellation/recall (S$35) and tracer (S$20).
[10] Additional over-the-counter per-transaction fee may apply.

Cheque Services
Cheque Deposit Bag  
Deposit Bags No charge[11]
Cheque Book Issuance and Replenishment Business Account: No charge
Digital Account: S$25 each book
Cheque Clearing Fees (S$) S$0.75 per cheque
S$3.00 per cheque for Business MCA Starter
Cheque Deposit Fees (S$) S$0.75 per cheque
Direct Marking (S$) S$100 per cheque
Returned Cheques AUD 40 NOK 180
CAD 40 NZD 55
CHF 40 SEK 200
EUR 35 SGD 40
GBP 35 THB 1,000
HKD 240 USD 40
JPY 3,200    
Stop Cheque for SGD accounts  
Over the counter S$30 per cheque (max S$60)
DBS IDEAL electronic banking S$5 per cheque
Stop Cheque for Foreign currency accounts AUD 30 JPY 3,000
CAD 30 NOK 150
CHF 30 NZD 45
EUR 35 SEK 150
GBP 35 THB 750
HKD 180 USD 30
Cheque Retrieval
Cheque Image
 
- Within 1 year of clearing S$20 per copy
- Between 1 & 3 years of clearing S$30 per copy
- More than 3 years of clearing S$50 per copy
Cheque Deposit Advice  
With cheque details S$50 per month
Without cheque details No charge

[11] The bank may impose a charge of S$0.50 per bag if the minimum deposit is not met.

Cash Services

Cash Deposit & Withdrawal

Cash Acceptance Machines[12] Waived
Cash Deposit Bags[13]  
First S$30,000 Waived
Subsequent amount 0.03%
Branch Deposit[14]  
First S$20,000 Waived
Subsequent S$10,000 or part thereof S$10

[12] DBS reserves the right to charge for cash deposits based on business activity/industry.
[13] Up to 50 coins may be deposited in each bag with no additional charge. Otherwise, a processing fee of S$20 per bag will be levied. If multiple bags are deposited within a day, the charge imposed will be based on the cumulative total amount deposited per account per day. The bank may impose a fee of up to S$20 for each exception-handling case. Examples of exceptions include, but are not limited to: use of non-approved deposit bags, errors on deposit slips, depositing cheques via Cash Deposit Bags.
[14] Additional over-the-counter per-transaction fee applies.

 

Coin Deposit & Exchange*

Coin Deposit  
DBS Branches [15] S$1.80 per 100 pieces or part thereof
Coin Deposit Machine S$0.015 per piece total fee rounded to the nearest one cent
Coin Exchange S$1.80 for every multiple of S$50

*Coin services are available every Tuesday and Thursday during branch operating hours.
The minimum sum to exchange is S$50.
[15] Additional over-the-counter per-transaction fee applies.

 

Foreign Currency Notes [16] [17]

Deposit EUR 1.5% USD 1.5%
JPY 1.5%    
Withdrawal USD 1.5%    

[16] Only available in specified currencies and at specific branches.
[17] Additional over-the-counter per-transaction fee applies.

DBS IDEAL
Transaction Enquiry
Electronic submission of GIRO / Payroll / FAST / Account Transfer / Telegraphic Transfer / Demand Draft / Trade Finance

 

No charge[18]

Authentication Mode
Digital Token

No charge[19]

 

DBS IDEAL eReports

Account Information & Trade Finance Reports and Alerts S$8.00 per user [20]  / month (GST Inclusive)

[18] Please note that the respective transaction fees above will still apply.
[19] Please note that there will be a S$50 w/GST charge per physical token (if applicable).
[20] This service subscription is not available for existing/new DBS IDEAL customers.

Get in touch
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Call DBS BusinessCare

From overseas: +65 6222 2200
In Singapore: 1800 222 2200
Operating hours: 8.30am to 8.30pm, Mon - Fri (excluding PH)