Electronic Collections & Bill Payments
Enable your customers to apply for DDA quickly and easily
Eliminate unnecessary paperwork and ensure you receive payments in a matter of days by offering immediate Online Direct Debit Authorisation (DDA) approval through DBS. Flexible and convenient, your clients can set up GIRO with you through iBanking, our consumer Internet banking platform, AXS stations and NETS terminals. You can also improve your business efficiency and streamline your reconciliation process with our real-time service, freeing you to focus on your core business.
Why choose DBS Online Direct Debit Authorisation?
Because we offer set up via NETS terminals, your customers only need their DBS or POSB ATM Card and PIN to apply for an Online DDA with your business on the spot. Once approved, both you and the customer will receive a receipt for your records.
No. We offer a value-added service called DDA Conversion that allows us to make this change on your behalf. Simply provide us with the following information and we’ll update your details accordingly:
Yes, we offer DDA Maintenance, a value-added service where we will handle the processing of your DDA application forms, including other banks. This service includes:
How do I apply?
Simply speak with your relationship manager or call us at 1800 222 2200 to apply.
Not a DBS SME Banking customer? Enjoy IDEALTM set-up and monthly fee waivers* by starting your DBS Business Account application online. This service is available to Sole Proprietorships, Partnerships, Limited Liability Partnerships and Private/Limited Companies.
*Terms & Conditions apply