Fee Schedule

Fee Schedule

We wish to inform you that the Bank’s Fee Schedule has been updated and a new section titled Investment Products / Services – Monetary and non-monetary benefits receivable by the Bank and/or its associates (“MB Schedule”) has been included. The MB Schedule seeks to further enhance the Bank’s disclosure standards by disclosing the quantifiable benefits received by the Bank and/or its associates for various investment products and services. Click here for MB Schedule.

The fee schedule shows the standard fees charged by DBS Private Bank for services provided to clients. All fees are charged in Singapore Dollars (SGD). Fees shown are effective 1 July 2017.

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Call Us: 1800 221 1111

Get In Touch

Call Us: 1800 221 1111

Fee Schedule for Equities

MarketOffline brokerageCustody fees
Contract valueRateMinimum charge
Singapore

Hong Kong
<$100,000 of respective currency

>=$100,000 of respective currency
0.50%

0.35%
SGD 100* Waived
HKD 700* 0.20% per annum and subject to minimum fee of SGD100* (applicable for each market and payable semi- annually)
Canada If price per stock >= CAD 10, CAD 150*
For contract value <CAD 100,000
For contract value >=CAD 100,000
1.00%
0.75%
If price per stock < CAD 10, CAD 15 cents per share
United States
Of America
If price per stock >= USD 10, USD 120*
For contract value <USD 100,000
For contract value >=USD 100,000
1.00%
0.75%
If price per stock < USD 10, USD 15 cents per share
Malaysia <MYR 100,000
>=MYR 100,000
0.75%
0.50%
MYR 350* Waived
Thailand 1.00% THB 3,700*
Japan <JPY 10,000,000
>=JPY 10,000,000
1.00%
0.75%
JPY 13,000* 0.20% per annum and subject to minimum fee of SGD100* (applicable for each market and payable semi- annually)
Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal & Spain <EUR 100,000
>=EUR 100,000
1.00%
0.75%
EUR 95*
Taiwan 0.75% TWD 5,000*
Shenzhen B HKD 700*
Shanghai B USD 100*
Indonesia 1.00% IDR 800,000*
Philippines PHP 5,000*
Australia AUD 170*
New Zealand NZD 180*
United
Kingdom
GBP 65*
Denmark DKK 700*
Norway NOK 700*
Sweden SEK 800*
Switzerland CHF 95*
Other markets 1.00% USD100*

All other charges for retail services will be accorded based on the DBS Treasures Pricing Guide. Please click here to find out more.

Important Notes:
  1. Account Fees (for Commodity Investment Account) and Custody Fees (for Equities, Debt Instruments and Gold Bullion) will be based on the market value as at month-end.
  2. The above fees are subject to review from time to time at the discretion of the Bank.
  3. All fees and charges are exclusive of 7% Goods & Services Tax (GST)
  4. Where "*" is indicated, the fees or charge will be subject to 7% GST, where applicable.

Fee Schedule for Online Equity Trading

Online Brokerage
MarketOnline Rate
Minimum ChargeCustody Fees
Singapore 0.12% No minimum Waived
Hong Kong 0.15% HKD 80* 0.20% per annum and subject to minimum fee of SGD100* (applicable for each market and payable semi-annually)
Canada 0.25% CAD 20*
United States Of America 0.15% USD 18*
United Kingdom 0.25%
Stamp Duty:
0.5% applicable to buy trades
GBP 20*
USD 30*
EUR 25*
Japan 0.25% JPY 2000*
Australia 0.25% AUD 20*

All other charges for retail services will be accorded based on the DBS Treasures Pricing Guide. Please click here to find out more.

Important Notes:
  1. Account Fees (for Commodity Investment Account) and Custody Fees (for Equities, Debt Instruments and Gold Bullion) will be based on the market value as at month-end.
  2. The above fees are subject to review from time to time at the discretion of the Bank.
  3. All fees and charges are exclusive of 7% Goods & Services Tax (GST)
  4. Where "*" is indicated, the fees or charge will be subject to 7% GST, where applicable.

Fee Schedule for Debt Instruments

MarketCustody FeesTransaction Fees
Equity Linked Notes Waived Waived
Singapore (bonds settled through CDP)
Other Bonds/Notes 0.20% per annum
and subject to minimum of SGD100*
(payable semi-annually)

All other charges for retail services will be accorded based on the DBS Treasures Pricing Guide. Please click here to find out more.

Important Notes: 
  1. Account Fees (for Commodity Investment Account) and Custody Fees (for Equities, Debt Instruments and Gold Bullion) will be based on the market value as at month-end.
  2. The above fees are subject to review from time to time at the discretion of the Bank.
  3. All fees and charges are exclusive of 7% Goods & Services Tax (GST)
  4. Where "*" is indicated, the fees or charge will be subject to 7% GST, where applicable.
Account Fees for Commodity Investment Account
Gold 0.05% per annum and subject to a minimum of SGD 100*
(payable semi-annually)
Silver 0.25% per annum and subject to a minimum of SGD 100*
(payable semi-annually)

All other charges for retail services will be accorded based on the DBS Treasures Pricing Guide. Please click here to find out more.

Important Notes: 
  1. Account Fees (for Commodity Investment Account) and Custody Fees (for Equities, Debt Instruments and Gold Bullion) will be based on the market value as at month-end.
  2. The above fees are subject to review from time to time at the discretion of the Bank.
  3. All fees and charges are exclusive of 7% Goods & Services Tax (GST)
  4. Where "*" is indicated, the fees or charge will be subject to 7% GST, where applicable.
Fee Schedule for Gold Bullion Products
Custody Fees 0.50% per annum and subject to a minimum amount of SGD100* (payable semi-annually)
Inward Transfer Waived
Outward Transfer USD100* per kilobar, subject to a minimum amount of USD1,000* per transfer request
Withdrawal USD100* per kilobar, subject to a minimum amount of USD1,000* per withdrawal
Visit to the vault such amount(s) as imposed by sub-custodian from time to time

All other charges for retail services will be accorded based on the DBS Treasures Pricing Guide. Please click here to find out more.

Important Notes: 
  1. Account Fees (for Commodity Investment Account) and Custody Fees (for Equities, Debt Instruments and Gold Bullion) will be based on the market value as at month-end.
  2. The above fees are subject to review from time to time at the discretion of the Bank.
  3. All fees and charges are exclusive of 7% Goods & Services Tax (GST)
  4. Where "*" is indicated, the fees or charge will be subject to 7% GST, where applicable.
 
Investment Funds Money Market fund: Up to 2% of the notional amount of the trade.

Fixed Income fund: Up to 3% of the notional amount of the trade.

Private Equity fund: Up to 3% of the notional amount of the trade.

All other funds: Up to 5% of the notional amount of the trade.

All other charges for retail services will be accorded based on the DBS Treasures Pricing Guide. Please click here to find out more.

Important Notes: 
  1. Account Fees (for Commodity Investment Account) and Custody Fees (for Equities, Debt Instruments and Gold Bullion) will be based on the market value as at month-end.
  2. The above fees are subject to review from time to time at the discretion of the Bank.
  3. All fees and charges are exclusive of 7% Goods & Services Tax (GST)
  4. Where "*" is indicated, the fees or charge will be subject to 7% GST, where applicable.
Remittances/Demand Drafts/Telegraphic Transfers
MEPS Payment Waived
Inward Telegraphic Transfer
Outward Telegraphic Transfer SGD 20
(excludes agent/correspondent bank charges)
Other General Out-of-Pocket Expense Postage/ Courier charges/ SWIFT/ Telex/ Facsimile charges, Agent charges, Proxy voting fee and translation charges for Proxy material (where applicable) shall be reimbursed by the client.
Demand Draft/ Telegraphic Transfer Handling Commission

- Debit from account
- Telegraphic transfer debited from SGD account /Multi-Currency Autosave via iBanking
 
Waived
Waived

All other charges for retail services will be accorded based on the DBS Treasures Pricing Guide. Please click here to find out more.

Important Notes: 
  1. Account Fees (for Commodity Investment Account) and Custody Fees (for Equities, Debt Instruments and Gold Bullion) will be based on the market value as at month-end.
  2. The above fees are subject to review from time to time at the discretion of the Bank.
  3. All fees and charges are exclusive of 7% Goods & Services Tax (GST)
  4. Where "*" is indicated, the fees or charge will be subject to 7% GST, where applicable.
Deposits
S$ Fixed Deposit Account
- Minimum deposits for tenor of 1 month to 24 months
SGD 50,000

All other charges for retail services will be accorded based on the DBS Treasures Pricing Guide. Please click here to find out more.

Important Notes: 
  1. Account Fees (for Commodity Investment Account) and Custody Fees (for Equities, Debt Instruments and Gold Bullion) will be based on the market value as at month-end.
  2. The above fees are subject to review from time to time at the discretion of the Bank.
  3. All fees and charges are exclusive of 7% Goods & Services Tax (GST)
  4. Where "*" is indicated, the fees or charge will be subject to 7% GST, where applicable.
Equity Placement
Equity Placement (including Initial Public Offering)1 Up to 1% of the allotment value

1 The Bank and/or its associates may additionally receive fee rebates and marketing sponsorship from the product issuer.

Managed Services
Discretionary Portfolio Management - Management fee: Up to 1.5% per annum of the average daily closing levels of the net asset value of the managed portfolio
- Transaction fee: Up to 0.30% (excluding brokerage fees)
- Unit trusts and hedge funds2: Up to 1% of the subscription fee (excluding incidental charges relating to the subscription)
Managed Advisory - Advisory fee: Up to 0.85% per annum of the average daily closing levels of the net asset value of the managed portfolio
- Transaction fee: Up to 0.30% (excluding brokerage fees)
- Unit trusts and hedge funds2: Up to 1% of the subscription fee (excluding incidental charges relating to the subscription)

2 The Bank and/or its associates may additionally receive commissions, rebates and other fees from the product provider (collectively, “Incentives”). Any Incentives received by the Bank and/or any of its associates will be refunded to the client as soon as reasonably practicable upon actual receipt.

Other Charges
IPO Processing Fees Local – SGD 100*
Overseas – SGD 150*
Asset and Account
Administration Fee
0.05% p.a. on month end assets, payable semi-annually
DBS Foreign Currency Current Account
-Monthly service change (No minimum initial deposit is required)
Waived
Multi-Currency Settlement Account
Incidental overdraft interest charge
(for accounts without overdraft facility)
Prime + 5% p.a. payable on the overdrawn amount (minimum SGD 20)
Minimum overdraft interest charge
(for accounts with overdraft facility)
SGD 10
DBS Private Bank Client Service Fee SGD 4,000 per annum#

Waived at the sole discretion of DBS Private Bank if the average Assets under Management (AUM) for the preceding six months, aggregated from all account relationship(s) with DBS Private Bank, is more than SGD 5,000,000

# SGD 2,000 payable semi-annually in January and July
Banker’s Guarantee (BG)
- Financial BG
- Performance BG (less than 2 years)
- Performance BG (more than or equal to 2 years)
 
 

0.75% p.a.
0.75% p.a.

0.75% p.a. (min. SGD 100. Additional SGD 50 will be charged for non-standard format)

Above excludes incidental charges such as postage, cable, etc.
Credit Cards Waiver of Annual Fee for all DBS/POSB Credit Cards
(excludes Insignia Card)
Retrieval of Documents/ Statements (within 3 years) Waived
Processing fee for Transfer of Investments in Private Equity Funds
(The Bank does not accept the transfer-in of private equity funds from another financial institution)
SGD 5,000* per instruction

All other charges for retail services will be accorded based on the DBS Treasures Pricing Guide. Please click here to find out more.

Important Notes: 
  1. Account Fees (for Commodity Investment Account) and Custody Fees (for Equities, Debt Instruments and Gold Bullion) will be based on the market value as at month-end.
  2. The above fees are subject to review from time to time at the discretion of the Bank.
  3. All fees and charges are exclusive of 7% Goods & Services Tax (GST)
  4. Where "*" is indicated, the fees or charge will be subject to 7% GST, where applicable.