Yes, if you have an existing savings/current account with us, you can apply for a joint-alternate My Account with your child online. Click here to apply for the account.
Yes. My Account is a multi-currency account.
With My Account, you have access to 12 foreign currencies and the Singapore dollar. The 12 foreign currencies are:
You can also exchange these currencies conveniently at prevailing rates.
My Account comes with zero service charge and no requirement on maintaining a minimum balance.
There is a S$2 account fee per month for hard copy statements. The account fee is waived for customers up to 16 years old and those who choose to receive eStatements instead of physical copies
Yes, your My Account can be linked to an eligible DBS Visa Debit Card to enable you to transact directly in foreign currency without conversion fees.
The eligible DBS Visa Debit Cards are:
To link your My Account to any of the eligible DBS Visa Debit Card(s) as your primary debiting account, simply select the “Change Card Linkage” function on digibank online and mobile.
There are 11 available foreign currencies:
Renminbi Offshore (CNH) is not available for the card feature.
Yes. If your My Account is linked as the primary account to your DBS Visa Debit Card, foreign currency purchases made online and overseas will automatically be debited from your account’s respective foreign currency funds without any foreign exchange conversion fees. This also applies to overseas ATM withdrawals.
Generally, overseas ATM withdrawals will be automatically deducted from your primary account. However, if prompted, please select "Checking/Current Account" to withdraw foreign currency cash overseas from your My Account using your linked DBS Visa Debit Card.
Please ensure you have sufficient foreign currency funds in your account prior to withdrawal. Otherwise, the foreign currency cash withdrawal will be deducted from your SGD wallet.
Click here to apply online for a Visa Debit Card instantly and it will be mailed to you within 5 working days.
Alternatively, you can log on to DBS digibank app and tap on ‘More’ followed by ‘Cards’.