Social Enterprise Package

Social Enterprise Package

Solutions to help you grow your cause, not the cost

Social Enterprise Package

Solutions to help you grow your cause, not the cost

At a Glance
Specifically designed to address the needs of social enterprises, this low-cost banking solution leaves you free to focus on your cause.

Preferential transaction rates and no account fees

Get preferential transaction rates via DBS IDEAL. There is also no initial deposit or minimum monthly balance.


Multi-currency account

Transact in SGD and up to 12 foreign currencies

nature & ecology

Responsible Banking

We are the first and only bank in Singapore to offer solutions tailored for social enterprises as part of DBS Foundation.

Features & Benefits
Package details Social Enterprise Package Business Multi-Currency Account


Social Enterprise SMEs
Min initial deposit



Min average balance per month Nil S$10,000

Fall–below fee



Account service fee


S$50 per year

Inward Telegraphic Transfers


S$10 per transaction

Outward Telegraphic Transfers

A flat rate of S$18 per transaction (via DBS IDEAL)

A flat rate of S$30 per transaction (via DBS IDEAL), excluding Agent Bank charges

MAS Electronic Payment System (MEPS)

S$10 per transaction (via DBS IDEAL)

S$18 per transaction (via DBS IDEAL)


GIRO: Waived (via DBS IDEAL)

FAST: S$0.50 per transaction

• 50 mthly free FAST 
• 50 mthly free GIRO

OTC Charges* - OTC transaction @ S$20 per transaction




DBS Visa Business Advance Debit Card



*Over-The-Counter (OTC) charges are applicable to cheque encashments, cash deposits and cash withdrawals done over the branch counter only and is subject to the banks review.

Note: Fees are inclusive of GST where applicable. View the Pricing Guide for details.

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$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Click here to read more.

How to Apply

Step 1: Apply for a business account

Step 2: Inform DBS of your Social Enterprise status and submit the Social Enterprise Package application form along with the raiSE membership letter to enjoy the Social Enterprise Account Benefits. 

What is a social enterprise?

Social enterprises are businesses that have a social mission at their core and use sustainable commercial models to achieve this social mission. Their primary objective is to achieve positive social, cultural, community, economic and/or environmental outcomes. They sustain themselves with earned revenue, with no reliance on philanthropic giving for their operations.

Traditional commercial models focus on delivering profits to shareholders and may contribute a portion of excess profits for social good; social enterprises focus on centering their operating models around achieving their social mission. Profits generated are committed towards strengthening their ability to create positive social impact and to clearly demonstrate such impact with measurement and reporting.

What funding is available for social enterprises?

The Social Enterprise can apply for:

  • Project Grants to support meaningful initiatives

Please call us at 1800 222 2200 for more information.

Are deposits under social enterprise accounts insured?

DBS Social Enterprise Package Accounts are eligible for deposit insurance coverage. Learn more with our Deposit Insurance Scheme.