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Digital Business Account

For new businesses. No minimum balance, no annual fee, free online banking.

DBS Digital Account

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Why open a Digital Account

Simple to maintain.

Zero Balance Business Account
No minimum balance, no fall-below fees – always.

Simple to transact.

Business Account
FREE access* to DBS IDEAL™ corporate online banking and mobile app.
No limit to number of free users. Login with digital token in your phone (no need for physical tokens!)
Business Account
FREE Debit Card. No annual fee and 0.3% cash rebate.

Simple to Open.

Apply online in 5 minutes.
Apply online in 5 minutes.

Value Features of Digital Business Account

Recommended For


  • Ideal for start-ups with low minimum balances
  • Mostly transact online


Minimum balance


Minimum initial deposit

SGD 1000

Monthly Account Fee

SGD 18

Annual Account fee


Fall-below fee


Internet & Mobile banking (IDEAL™) fee


Security Device

FREE digital token (authentication using your iOS or Android device)

Debit Card


transaction fee^

SGD 20 + charges in Pricing Guide

Cheque Books issued

SGD 25 each

^Chargeable OTC transactions include:

  • Cash deposit & withdrawals
  • Cheque encashment
  • Purchase of cashier’s order
  • Purchase of demand draft
  • Funds transfers
  • Outward Telegraphic Transfers (hard copy forms)

Refer to the pricing guide for more details.

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Apply For Your Account In 5 Minutes

Skip the branch and apply for a DBS Digital Account with hassle-free online process.


For social enterprises, please call DBS BusinessCare at 1800 222 2200 to make an appointment with our branches.

Depending on your business structure, we would need to speak to:

  • Sole Proprietorship – the sole proprietor
  • Partnership/Limited Liability Partnership – all partners
  • Private/Limited Company – 1 director

Should your business fall into any of the following, then account set-up fees and a higher minimum daily balance will apply. Click here for more details.

  • Holding/Investment Holding/Personal Investment Holding Co (PIC)
  • Fund/Private Equity/Venture Capital/Hedge Fund/Trust Account/Special Purpose Vehicle
  • Money Service Business/Gambling Business/Casino/Junket Operator
  • Arms-Related/Defense Industry/Pyrotechnic Business/Fintech
  • Online Gaming/Gaming/Online Payment Provider
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Apply Now

Sign-up Deals

Pick up these exclusive partner deals when you apply online!


StarHub Mobile Perk

StarHub 50% off Business Mobile Plan

50% savings on 4G Business Mobile SIM-only plan

No contract commitment

Free 24 months Caller Number Display

Talenox HR Platform

Talenox HR Platform Free 6 months Usage

Free 6-month subscription of Talenox

Payroll processing with preset CPF and tax requirements

Leave management with preset statutory leave requirements

Free live support


1. What currency is the DBS Digital Account available in?

The DBS Digital Account is only available in SGD. Check out the DBS Business Account if you require accounts in other currencies.

2. What are the OTC transactions which will incur the $20 transaction fee?

Chargeable OTC transactions include:

  • Cash deposit & withdrawals
  • Cheque encashment
  • Purchase of cashier’s order
  • Purchase of demand draft
  • Funds transfers
  • Outward Telegraphic Transfers (hard copy forms)


3. I am unable to find my company on the ‘2. ACRA Details’ step in the online application form. Why?

Try keying in your company name without ‘Pte Ltd’, etc. and you should be able to locate your company. Please note that if the company is newly registered, it will take 2 working days before your company details can be retrieved.

4. What documents am I required to submit and when do I need to submit them?

You may refer to the full list of required documents here.
You are only required to submit the documents after the application has been submitted online. We will arrange for a courier to pick up your documents if you had opted for a Relationship Manager to call you. For branch appointments, kindly bring the documents along with you.

5. I currently hold an SGD Business Account. How do I switch to the DBS Digital Account and retain the same account number?

Please call DBS BusinessCare at 1800 222 2200 to do so.

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Why Choose Us?

Because with Asia’s leading SME bank, that spark in you can take on whatever you choose. That same spark to excel drives us to deliver better insights, innovation and performance. It made us the best SME bank in Asia, so that you can live more, bank less.

Retail Banker International

Retail Banker International

Excellence in SME Banking 2016, Asia

The Asset

The Assets

Best SME Bank for Working Capital & Treasury 2015, Singapore

Global Finance

Global Finance

Best SME Bank for Working Capital & Treasury 2015, Singapore
Best Online Cash Management, Asia
Best Foreign Exchange Bank, Southeast Asia and Singapore
Best Trade Finance Provider, Singapore


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$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

  • Skip the branch & apply online in 5 mins!