Looking to expand into Singapore or Asia? Be assured that your banking needs would be well served at DBS SME Banking
Banking for Foreign Companies
Foreign companies looking to expand into Singapore or Asia can be assured that your banking needs would be well served at DBS. Our dedicated and experienced Relationship Managers work closely with our team of Product Specialists and Industry Experts to support your everyday needs, and deliver flexible solutions to achieve the goals of your business.
As the largest bank in Southeast Asia* with one of the highest credit ratings in the Asia-Pacific region, you can be assured that we uphold a strict code on banking secrecy and confidentiality for our clients in accordance with Singapore’s Banking Act.
With our footprint and roots in Asia, DBS is able to identify unique perspectives on the workings of each market, and help you take advantage of opportunities. Backed by an extensive network of more than 200 branches across 50 cities, we are ready to provide timely insights and in-depth expertise to keep your business growing from strength to strength in the region.
*As measured by assets
Products and Services DBS can offer to Foreign Companies :
Partner DBS to grow your business today.
Email us or call us at 1800 222 2200/+65-6222 2200 and we’ll arrange for a relationship manager to speak with you.
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
You only have to maintain a minimum average deposit of SGD 50,000 for SGD accounts or the equivalent of USD 50,000 for other currencies, in a DBS Business Account per legal entity.
There will be different packages with varying minimum deposit amounts and preferential banking fees. Your dedicated Relationship Manager can help advise the best package for your business.
A one-time set-up fee of SGD 500 (and onwards) will also apply.
A monthly fall-below fee is applicable if your account balance does not meet the minimum qualifying criteria. It starts from a minimum of SGD 80 and varies according to the plan and currency that you choose.
Your end-of day credit balance is tracked throughout the month. These balances are then added together and divided by the number of days in the month in order to determine your average daily balance. If your average daily balance falls below the minimum balance requirement for the account, then a fall-below fee will be deducted at the end of the month.