Live more, Bank less

This year marks DBS’ 50th anniversary. Launched in 1968 as the Development Bank of Singapore, with the goal of financing Singapore’s fledgling industries and growing new ones, DBS is today fast transforming itself into a 26,000-strong start-up, serving Singaporeans and others around the region with digital innovation at its core.

Indeed, banking has changed tremendously in the past five decades. What do you remember of your local bank when you were growing up? Take this quiz to find out how banking with DBS has evolved.

Journeying with you

Banking has evolved tremendously through the years, and DBS has always aimed to provide you with services that meet your needs. Today, banking with DBS is more accessible than ever. The growth of smartphones usage has meant that every phone can be transformed into a branch, allowing for easy and convenient access to banking services. Here’s a look at the direction of banking in Singapore.

Cashless payments

Remember the days when your savings passbook was the key to your bank account? Then came the ATM card which allowed you to skip the branch queues and make account withdrawals and deposits right from your neighbourhood. While passbooks and ATM cards haven’t become completely obsolete, the arrival of banking apps on our smartphones, like DBS digibank, means that you’re now able to do a whole lot more, with greater ease, and from anywhere you wish.

We’re also carrying a lot less cash these days. With the ability to make purchases with a swipe of a credit card, a wave of a smartphone, or scan of a QR code, going “cashless” might be literally keeping our wallets lighter. Most importantly, all transactions are secure, as we make cashless banking safer and more convenient for you.

See also: Send or receive money from anyone with just a mobile number

Paperless processes

We’re trying to cut down on our environmental impact as well. From digital-only accounts, to monthly e-statements, we’re making our earth a bit greener for everyone, while improving efficiency.

Through digibank, you can easily access over 150 banking services. Perform an overseas remittance, start an investment, apply for insurance and credit cards, change your PIN codes or even open a new account, all on your mobile phone.

See also: Go green with your banking

Getting more done

Have a banking need while at the malls? Make a trip to a Digital Lobby (enhanced self-service banking lobby) to make use of the Virtual Teller Machines (VTMs), a smart upgrade from ATMs that allows for more transactions to be performed.

Our Virtual Assistant and Help & Support portal are also ready to help you get answers to your queries fast.

Even how you bank has evolved – where once you might have to meet a bank staff at the branch, these days you’ll be able to find out more about our banking services over an iced latte at DBS-Bettr Barista Branch at Plaza Singapura. The Bettr Barista Coffee Academy is also a social enterprise, providing training and job opportunities to disadvantaged youths and women, so you can do good and help them by getting a cuppa on non-banking trips to the store.

Embracing rapid changes in technology, we focus on providing the best for you, the environment and the society. We’ve been at it for over 50 years, and we look forward to serving you as your Digital Bank of Singapore, your familiar DBS.