1 Account, 13 Currencies – save on foreign exchange cost and enjoy all-in-one convenience
The DBS Corporate Multi-Currency Account lets you transact in Singapore Dollars and up to 12 foreign currencies with only one account to maintain!
Save on foreign exchange cost when receiving funds in the same supported currencies, as there will be no conversion of incoming funds.
Better exchange rates online, convert currencies via online banking when the rates are in your favour
New currency wallets auto created when you first receive a supported foreign currency, no need for further application
$0 cable charges for Outward Telegraphic Transfers to DBS accounts and payment within 10mins^
New! 1-Day Express account opening# for Single Director Companies or Sole Proprietors with DBS/POSB personal account - no signature or documents needed!
|^||Subject to regulations in the beneficiary country. Available for beneficiaries with DBS accounts in Singapore, Hong Kong, China, India, Taiwan and Indonesia.|
|#||Terms & Conditions for 1-Day Express Account Opening:|
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
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
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.