DBS Corporate Deposit Account Fees and Transaction Charges

Deposit Account Pricing Guide

Deposit Accounts & Services for Corporates

Deposit Account 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
Account Fee	S$40 or equivalent annually
Service Charge^[1]	S$40 or equivalent monthly Waived if average daily balance is at least S$10,000 or equivalent
	(For SGD): Prime Lending Rate + 5% p.a. on overdrawn amount*
Incidental Overdraft (OD) Charge (without limits)	(For foreign currencies): Bank Rate + 5% p.a. on overdrawn amount*
	*Subject to the minimum OD charge based on the respective currency:
	AUD, CAD, CHF, EUR, NZD, USD: $10
	SGD: $30, CNH: $75, GBP: $5, HKD: $55, JPY: $750, NOK: $50, SEK: $60
Over-the-Counter transaction	S$5

SGD Current Account
Account Fee	S$40 annually
Service Charge^[1]	S$40 monthly Waived if average daily balance is at least S$10,000
Incidental Overdraft (OD) Charge (without limits)	Prime Lending Rate + 5% p.a. on overdrawn amount*
	*Subject to a minimum OD charge of S$30
Over-the-Counter transaction	S$5

Foreign Currency Current Account
Currency	Min Average daily balance	Service Charge^[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] Service Charge is waived if minimum average daily balance is met.
[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
Unsuccessful GIRO Collection		S$1 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%
Deposit	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]

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.