At a Glance

My Account is a digital multi-currency bank account that makes banking simple. You can save, spend, invest and tailor 150 existing banking services to meet your financial needs and bank the way you want.

All the banking services you need for life

Pay bills, exchange currencies, perform overseas funds transfers, invest globally and plan for your retirement all from one place.

Enjoy multi-currency access

Shop online, invest and save up for future travels with access to 13 currencies, and no FX conversion fees.

No account fees

No minimum balance, no initial deposits, no service charge.


Features & Benefits

  • A bank account for everything you need
    With a single account for saving, spending, and investing in SGD and foreign currencies, you’ll never need another bank account. My Account is for your everyday banking: paying bills, tracking your budget, transferring funds, and more. My Account also comes with PayLah! and a DBS Visa Debit Card so you can enjoy the convenience of going cashless.

  • Customize My Account to be truly yours
    Give your My Account a nickname that suits you, or as a reminder to save towards a goal in mind. It could be “My Dream Home” for budding new couples, or “My Retirement” for the long-term financial planners. Change it easily via digibank and see your chosen nickname reflected everywhere, including on your statement.

  • Enjoy Multi-Currency access for your investing, travel and shopping needs
    Exchange up to 13 currencies instantly via digibank to get a better deal on your overseas online shopping, multi-currency investments, or to save up for future travels. No more FX conversions fees when you link your DBS Visa Debit Card to My Account.

  • Manage your money easily
    Get a full picture of your finances with NAV Planner. With NAV planner, you can manage and make better money decisions.


Open a Personal
My Account on digibank app

Get DBS digibank now

By downloading the DBS digibank app, you will be able to open My Account using Singpass in less than 3 mins*.

Alternatively, you may apply online.

Open a Joint-Alternate My Account

Apply now

If you would like to apply for a joint-alternate My Account with another applicant, please ensure he/she is 16 years old and above.

Open a Joint-Alternate My Account with your child

Apply now

For foreigners, please prepare these required documents to open My Account.

* Processing time may take longer for non-Singapore Citizens/ Permanent Residents


Eligibility and requirements

  • No age restriction
  • No initial deposit required

Fees and charges

Service Charge S$0
Account Fee S$2 per month1
(With paper statement)

1 Account fee is waived for customers up to 16 years old or account on eStatement.

Please refer to the Deposits Guide for the list of applicable fees.


Opening a My Account

Yes, you can. You can open a My Account online without the need to visit the branch, if you are holding a valid Singapore work or student pass. Click here for the documents that you will need to prepare.

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.

By downloading the DBS digibank app, you will be able to open My Account using Singpass in less than 3 mins. In addition, you will be able to set up your digibank login ID and PIN, digital token and request for Debit Card simultaneously.

Click here to view the documents that you will need to prepare. Do note that applications without Singpass authentication will take about 3 to 5 business days to process.


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:

  1. Australian Dollar (AUD)
  2. Canadian Dollar (CAD)
  3. Chinese Renminbi (Offshore) (CNH)
  4. Euro (EUR)
  5. Hong Kong Dollar (HKD)
  6. Japanese Yen (JPY)
  7. New Zealand Dollar (NZD)
  8. Norwegian Kroner (NOK)
  9. Sterling Pound (GBP)
  10. Swedish Kroner (SEK)
  11. Thai Baht (THB)
  12. US Dollar (USD)

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 customers who are not enrolled to electronic statements and receiving paper statements. The account fee is waived for customers up to 16 years old or who are enrolled to electronic statements.

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:

  1. DBS Visa Debit Card
  2. DBS Treasures Visa Debit Card
  3. DBS Treasures Private Client Visa Debit Card
  4. DBS Private Bank Visa Debit Card

For digibank mobile, please:

  1. Log in to digibank mobile
  2. Upon successful login, tap “More”
  3. Under “Manage Cards & Loans”, select “Link Card to Account”
  4. Select the Card you wish to link your My Account to
  5. Verify the details and tap “Confirm” to complete the card linkage

For digibank Online, please:

  1. Log in to digibank Online
  2. Under “Cards”, select “Link Card to Deposit Account for ATM Use”
  3. Select the Card you wish to link your My Account to
  4. Verify the details and click “Submit” to complete the card linkage

There are 11 available foreign currencies:

  1. Australian Dollar (AUD)
  2. Canadian Dollar (CAD)
  3. Euro (EUR)
  4. Hong Kong Dollar (HKD)
  5. Japanese Yen (JPY)
  6. New Zealand Dollar (NZD)
  7. Norwegian Kroner (NOK)
  8. Sterling Pound (GBP)
  9. Swedish Kroner (SEK)
  10. Thai Baht (THB)
  11. US Dollar (USD)

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’.

The My Account does not come with a chequebook facility. We recommend that you use PayNow or FAST to conduct local funds transfer via the DBS digibank app or digibank online.

Learn More

However, if you still need a chequebook, you will need to apply for an eMCA+ Account online.

- Foreign currency transactions are subject to exchange rate fluctuations, which may result in capital gains or losses; such accounts may also be subject to exchange controls imposed on the currency held.
– Service charge is waived for eMulti-Currency Autosave (eMCA) account holder up to 29 years old.
– Please note that in some cases, depending on how the merchant processes your transaction, your transaction may be billed to you in another foreign currency other than the local currency.

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.

Conversions between currencies involve fluctuations and are subject to exchange controls. If you are converting from another currency to place the deposit and intend to convert it to the original currency, exchange rate fluctuations could cause the converted amount to be less than your original amount.

Explore more

Thank you. Your feedback will help us serve you better.

Was this information useful?

That's great to hear. Anything you'd like to add?
We're sorry to hear that. How can we do better?
Enter only letters, numbers or @!$-(),.