Dbs Savings Account

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At a Glance 
 
  • Rate of interest on Savings is subject to change from time to time at the discretion of the Bank and/or in accordance with directives from RBI. For senior citizens, above rates would apply. For Basic Savings Bank Deposit Account, above domestic rates would apply.
  • You must be at least 16 years old to open this account, and already have a DBS/POSB Savings/Current Account. (Applicants below 18 years old must have a valid.
  • Multiplying is easier for everyone now. With no minimum amount required, DBS Multiplier leaves no bunny behind. Take care of your baby’s future. Starting with their first bank account. May the huat be with you this new year.
  • A DBS Treasures premium savings account is for those who want to turn routine banking into a long-standing relationship with a host of exclusive lifestyle and banking privileges: Family Privileges. With a premium savings account, you and your loved ones get exclusive access to a range of lifestyle privileges.
 

There are many advantages to opening an account with DBS Treasures. You get competitive NRI account interest rates and over 40 privileges to choose from with an NRI savings account with DBS Treasures. Our NRE and NRO accounts have a host of features and they also offer preferential rates on remittances. NRE / NRO Savings Account Interest Rates.

At a Glance

You need flexible, convenient and instant deposit and withdrawal services to meet your daily needs. DBS has several RMB savings accounts to choose from. Find the one that’s just right for you. ;;;

 

1. RMB savings accounts

Account types

Benefits

Minimum balance requirement

RMB personal settlement account*

  • Convenient and instant cash transactions
  • Can be linked to DBS Card
  • No cash withdrawal fees at any China UnionPay ATMs in mainland China. Enjoy this same convenience at DBS ATMs in Hong Kong SAR and Singapore

CNY1

RMB remittance savings account (Limited to residents of Hong Kong SAR)

  • Limited to residents of Hong Kong SAR
  • Daily limit for inward remittance up to CNY80,000
  • Only cash withdrawal available in mainland China, prohibited for settlement or transfer uses
  • Can only receive inward remittance from current savings account under the same name in Hong Kong SAR
  • Outward remittance can only be paid into the original current savings account where the money originated from
  • Transfer between RMB remittance call/time deposit accounts (Limited to residents of Hong Kong SAR)

CNY1

RMB remittance savings account-Self Name/Third Party (Limited to residents of Taiwan Region)

  • Self Name - Limited to residents of Taiwan Region
  • Self Name - Outward remittance can only be paid into the original current savings account under the same name
  • Third Party –For both resident and non-resident customers
  • Third Party - Prohibited for outward remittance
  • Daily limit for inward remittance up to CNY80,000 per remitter
  • Only cash withdrawal available in mainland China, prohibited for settlement or transfer uses
  • Transfer between RMB remittance call/time deposit accounts (Limited to residents of Taiwan Region)

CNY1

 

Dbs Savings Account Singapore

2. Foreign currency savings account*

  • Choose from 10 currencies: USD, HKD, JPY, EUR, AUD, CAD, GBP, SGD, CHF and NZD
  • USD and HKD cash services
  • AUD and SGD cash services (only available at selected branches)
  • Flexibility and convenience with no minimum balance requirement

* This account is only available for clients who are 18 years or older. For customers who are younger than 18 years old and wish to open the Account, a Minor Trust account or Minor Non-Trust account may be opened in the company of his/her statutory agent.

For CNY cash withdrawal amount of ≥ CNY 50,000, or foreign currency amount ≥ USD/HKD/AUD/SGD 5,000 (in Shenzhen area, for any AUD/SGD cash withdrawal, USD cash withdrawal amount of ≥ USD 1,000, or HKD cash withdrawal amount of ≥ HKD 10,000), please raise a request through the branch or your relationship manager before 12 noon, one working day in advance.

Dbs Savings Account  

How to Apply

Dbs Account Opening Online

Visit any of our branches

Call our DBS 24-hour personal banking hotline at 400 820 8988

Dbs Savings Account Interest Rate

 

Useful Links

Dbs Savings Account Opening

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