Online Account Opening Promotion

Receive S$88 as a welcome gift when you open a new Digital Account or Multi-Currency Account online.


Simply open a new DBS Digital Account or DBS Multicurrency Account online, and you will receive S$88 as a welcome gift. We hope this will represent a prosperous start to your relationship with DBS!

CHECK YOUR ELIGIBILITY
This Online Account Opening Promotion is open to you if you:

  • Do not have an existing corporate relationship with DBS.
  • Open a new Digital Account or Multi-Currency Account online. Do it here
  • Successfully open your account between 20 November 2019 and 31 December 2019.
  • Make a Fresh Funds Deposit* to your new DBS account.
  • Maintain a balance of at least S$8,000 (for the Digital Account) or S$35,000 (for the Multi-Currency Account) in your account’s first 90 days.

Your S$88 welcome gift will be deposited directly into your new account, 90 days after the day you open the account.

Valid till 31 December 2019. Terms and conditions apply
Fresh Funds Deposit refers to funds transferred from non-DBS/POSB accounts.

Apply Online Now

You can take advantage of our Online Account Opening Promotion right away. 

Just open your Digital or Multi-Currency Account online right here.

Frequently Asked Questions
What is the Online Account Opening Promotion Campaign?

This is a promotional campaign to reward new SME customers with an S$88.00 reward when they open a new Digital or Multicurrency Account with DBS via the Online Account Opening Service.
Who is eligible for this promotion?

The promotion is only open to applicants: 

  • Who do not have an existing corporate relationship with DBS Bank Ltd. (the “Bank”);
  • Who applies for either a Digital Account or a Multi-Currency Account online at https://www.dbs.com.sg/sme/dbs-forms/accounts/account-opening.page
  • Whose accounts are successfully opened by no later than 31 December 2019
  • Who make a Fresh Funds Deposit into their Digital Account or Multicurrency Account
  • Who maintain a Target Balance of at least S$8000.00 in the case of the Digital Account and S$35,000.00 in the case of the Multicurrency Account for a period of 90 calendar days from the date account is opened. 


“Fresh Funds Deposit” means funds transferred from non-DBS/POSB accounts, through cheque(s), cashier's order(s), demand draft(s) and MEPS receipt. It excludes any funds from any DBS/POSB account and funds deposited via any DBS/POSB cheque(s), DBS/POSB cashier’s order(s), or DBS/POSB demand draft(s).


“Target Balance” is the amount determined by the Bank by taking the average of the day-end account balance in the Digital Account or Multicurrency Account over a consecutive period of 90 calendar days from the date that account is opened.
How can customers participate in this promotion?

To participate in this promotion, customer must open their account online at https://www.dbs.com.sg/sme/dbs-forms/accounts/account-opening.page
When is the Promotion period?

The Promotion period will be from 20th November 2019 to 31st December 2019.
When will customer be informed of their eligibility to receive the award?

Customer will be notified of their eligibility to receive the reward in 3 months’ time from the account opening date.
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