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It’s simple to open your new account – anytime, anywhere.
At a Glance
Opening a bank account should be simple, fast and convenient, without having to visit the Branch.
Have an existing Savings or Current account?
Simply log in with your ATM/Debit Card & PIN or digibank (Online/Mobile), and apply online instantly
Do not have an existing Savings or Current account?
Open online now and there will be no minimum average daily balance required!
For Singaporeans/Singapore PRs
Get instant approval and access to your new account with MyInfo - no paperwork and document upload required.
For Other Nationality
Simply complete the online application and upload the required documents.
Your application will be processed within 3 working days. Thereafter, the debit card will be mailed to you.
Note: Due to the Covid-19 situation, your application could be delayed. We seek your understanding during this period.
Start using your new account by simply activating your debit card.
Accounts available for you:
An All-in-One account that lets you save and transact, with 12 foreign currency types and the Singapore Dollar.
To enjoy the convenience of iBanking and eStatement. Apply for eMulti-Currency Autosave Account.
To enjoy the convenience of iBanking, eStatement with cheque facilities, apply for eMulti-Currency Autosave Plus Account.
Online Banking Services
- Transfer money and pay bills
- View online statements
- Activate cards
- GIRO/Standing Instructions Application
You are required to update your signature for your newly-opened account at any DBS/POSB branches before submitting any physical GIRO/Standing Instruction application form.
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 S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.