The DBS Corporate Multi-Currency Account lets you transact in Singapore Dollars and up to 12 foreign currencies with only one account to maintain!
Ideal for growing companies that can maintain SGD 10,000 in the account
SGD 10,000 or equivalent
Minimum initial deposit
SGD 3,000 or equivalent
Monthly Account Fee
Annual Account fee
SGD 40 or equivalent
SGD 35 or equivalent
SGD and 12 foreign currencies including USD, AUD
Internet & Mobile banking (IDEAL™) fee
Enjoy FEE WAIVER for all incoming PayNow Corporate transactions and outgoing PayNow lookups until 31st December 2019!
Unlimited FREE digital tokens (authentication using your iOS or Android device)
Cheque Books issued
Enjoy more savings when you transact online via DBS IDEAL. Refer to the pricing guide for more details.Back to top
For full Terms & Conditions to the above promotion, click here.
DBS helps you expand across borders DBS BusinessClass. Tap on our knowledgeable community of 45,000 members which include some of Asia's business masterminds. Get the latest market trends and tangible solutions to stay ahead of your competition using the latest technology-driven methods.Find out more
Trade Facilities. Banker's Guarantees and Import Letters of Credit are available without the need for Trade credit facilities with DBS. Apply online and get your trade documents in 2-3 business days, plus waivers of $100 processing fees.Find out more
SGD, USD, AUD, CAD, CNH, HKD, NZD, GBP, NOK, SEK, CHF, EUR, JPY. SGD is a default currency. CNH will be available only upon your submission of the RMB Declaration Form.
Only 1 Fall below Fee across all currencies and 1 Annual Account Fee.
Yes. You may choose a charge currency that is aligned with your functional currency.
SGD is a default currency set up. A new foreign currency will be activated when you receive the first incoming funds in that foreign currency, you indicate your choice of charge currency as a currency other than SGD, or we make available to you certain facility or service in a particular currency, or when a cheque book has been issued for a currency.
Yes. You can choose to opt-out particular currencies under a Corporate Multi-Currency Account, except SGD which is a default currency. Please submit the Currency Opt-Out Form.
Yes. You will receive an All-in-One MCA statement. It will contain balances and transaction details for all currencies activated, together with respective indicative FX to SGD for your reference.
Yes. Please ensure that you have access to DBS IDEAL for your Corporate Multi-Currency Account. All currencies activated will be added automatically for viewing and/or transacting in DBS IDEAL.
No. Once a currency of a Corporate Multi-Currency Account is activated, you can only close it when the entire Corporate Multi-Currency Account is closed.