Heartland Merchant Banking Package

Heartland Merchant Banking Package

Tailored to empower Singapore’s heartland
businesses to save, earn and grow.

Heartland Merchant Banking Package

Tailored to empower Singapore’s heartland
businesses to save, earn and grow.

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Resume your application now to unlock the benefits and get your account up and running

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At a Glance

Singapore's heartland businesses hold a unique place in our daily lives, fostering a sense of community and enhancing cohesion. 

 

Enjoy these perks

 

DBS Heartland Businesses Package Multi-Currency Account

DBS Business Multi-Currency Account​

Save on banking cost with up to 50 free FAST and GIRO transfers each month – or enjoy unlimited free transfers with the Starter Bundle.

DBS Heartland Businesses Package Business Advance+ Card

DBS Business Advance+ Card

Enjoy $0 FX fees, up to 6% cashback, and up to US$1.65M complimentary corporate liability insurance

DBS Heartland Businesses Package Working Capital Loan​

Working Capital Loan​

Get up to S$50,000 of financing with no documents required
 

How to open a new business account
1
Get ready

Have your company’s UEN and the contact details of all account users on hand to apply quickly.

2
Complete your application online

Missing some information? You can always save as draft to continue later.

3
Look out for our good news

We'll email your account access info upon successful application.

Account/Features Business Multi-Currency
Account – Starter Bundle
Business Multi-Currency
Account
Years in Business  Less than 3 years More than 3 years
Account Fees

S$10 (monthly)

S$50 (annual)
Monthly Service Charge  S$0 S$40*
FAST & GIRO Via DBS Ideal Unlimited Free Payments 50 Free Payments
Outward Telegraphic Transfers Fees S$30 flat fee, excluding agent bank fees
DBS Business Advance+ Debit Card No Annual Fees, 0 FX Charges
DBS Fixed Deposit Account Complimentary
Currencies Supported SGD, USD, JPY, HKD, EUR, AUD, CAD, CHF, CNH, GBP, NOK, NZD, and SEK

 

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* Waived if average daily balance is at least S$10,000 or equivalent
 

Working Capital Loan​

Helping businesses that are creating impact to kickstart their journey with unsecured loans with preferential interest.

DBS Working Capital Loan maximum amount

Borrow up to SGD 50,0001

Support your operational expenses or business expansion

1Loan amount is approved based on the bank's assessment.

DBS Working Capital Loan flexible repayment

Flexible loan repayment

Enjoy a flexible repayment period of up to 5 years