From now until 31 December 2024, enjoy a series of welcome offers^ upon successful Business Account Opening application online, which are exclusively for SMEs.
3 MONTHS
3 MONTHS
Deposit HK$600,000 into your Business Account1 Maintain HK$600,000 Average Total Deposit Balance for | ||||
First 1 month +HK$500 First 3 months +HK$1,200 Account opening fee rebate* First 6 months +HK$3,600 | ||||
Total Cash Rebate | =HK$5,300 | |||
+ Complete 6 Payments2 | ||||
Within first 6 months +HK$500 | ||||
Total Cash Rebate | =HK$500 | |||
+ Complete Payroll Instructionsfor 3 months3 | ||||
Within first 6 months +HK$1,888 | ||||
Total Cash Rebate | =HK$1,888 | |||
+ Complete FX Transactions4# Accumulate Total Transaction Amount at | ||||
US$100,000 to US$499,999 +HK$200 US$500,000 to US$999,999 +HK$500 US$1,000,000 to US$9,999,999 +HK$500 US$10,000,000 or above +HK$5,000 | ||||
Total Cash Rebate | =HK$6,200 | |||
= Up to HK$13,888 Cash Rebate^ |
Deposit HK$600,0001 Maintain HK$600,000 Average Total Deposit Balance for | First 1 month +HK$500 First 3 months +HK$1,200 Account opening fee rebate* First 6 months +HK$3,600 | Total Cash Rebate = HK$5,300 | ||
Complete 6 Payments2 | Within first 6 months +HK$500 | + = HK$500 | ||
Complete Payroll Instructions for 3 months3 | Within first 6 months +HK$1,888 | + = HK$1,888 | ||
Complete FX Transactions4# Accumulate Total Transaction Amount at | US$100,000 to US$499,999 +HK$200 US$500,000 to US$999,999 +HK$500 US$1,000,000 to US$9,999,999 +HK$500 US$10,000,000 or above +HK$5,000 | + = HK$6,200 | ||
= Up to HK$13,888 Cash Rebate^ |
^ Terms and conditions apply.
1 Maintain>= HK$600,000 average total deposit balance within first 6 calendar months upon Business Account opening (HKD equivalent) with a maximum of HK$5,300.
2 Completed at least 6 outward payment transactions in the first 6 calendar months upon Business Account opening via IDEAL Online Banking Platform with a maximum cash rebate of HK$500.
3 Completed payroll instruction for at least 3 months or more in the first 6 months upon account opening with a maximum cash rebate of HK$1,888.
4 The accumulated volume of FX transaction(s) conducted via its Business Account with the Bank on or before the date falling 6 months after the opening date of such Business Account reaches US$100,000 (or its equivalent in other currencies) or more with a maximum of HK$6,200 cash rebate.
# Foreign exchange involves risks. Customers should note that foreign exchange may incur loss due to the fluctuation of exchange rate.
* The account opening fee rebate is capped at HK$1,200. Terms and conditions apply.
Open your account in
3 steps and as fast as 1 working day##.
Fill out the application form in
as fast as 15 minutes**.
See what documents and proof of
identity you need to prepare here.
In as fast as 1 working day##, you
can start transacting with your account.
Fill out the application form in
as fast as 15 minutes**.
See what documents and proof of
identity you need to prepare here.
In as fast as 1 working day##, you can start
transacting with your account.
** Based on actual cases of filling out online account opening application forms, it only takes as fast as 15 minutes to complete the form.
## Account opening can be completed in as fast as 1 working day for Hong Kong incorporated entities with all shareholders/ directors/ sole proprietor/ partners holding a Hong Kong Permanent Identity Card. For Hong Kong incorporated entities with at least 1 shareholder(s)/ director(s)/ sole proprietor/ partner(s) holding the People’s Republic of China Resident Identity Card, account opening can be completed in as fast as 5 working days. Subject to eligibility and conditions.
‘DBS Online Account Opening for Business’ Step-by-Step Guide
(Applicable to Hong Kong incorporated entities with shareholders or directors with Hong Kong ID)
‘DBS Online Account Opening for Business’ Step-by-Step Guide
(Applicable to Hong Kong Incorporated Entities with shareholders or directors with Mainland China ID)
Apply on
DBS IDEAL Mobile App
You can manage your finances all in one app, from account application and electronic verification to daily banking operations.
[New Feature] Electronic ID Verification via DBS IDEAL Mobile App:
Open your account in as fast as 1 working day##
Scan your ID card with your phone and verify automatically in 5-10 mins^
Complete your online business account opening application in 15 mins# only
Submissions can be made fully online, 24/7 (including document submissions)
Applicable for Hong Kong incorporated entities where the shareholder(s), director(s), sole proprietor, or partner(s) hold a Hong Kong Permanent Identity Card or a People's Republic of China Resident Identity Card.
## Account opening can be completed in as fast as 1 working day for Hong Kong incorporated entities with all shareholders/ directors/ sole proprietor/ partners holding a Hong Kong Permanent Identity Card. For Hong Kong incorporated entities with at least 1 shareholder(s)/ director(s)/ sole proprietor/ partner(s) holding the People’s Republic of China Resident Identity Card, account opening can be completed in as fast as 5 working days. Subject to eligibility and conditions.
^ Subject to the mobile device and network connectivity.
# Based on actual online account opening application form filling case.
Transact with the World
24/7 Business
Banking
Together with our DBS IDEAL online banking platform, you can manage business banking anytime anywhere. Make cross-border payments in 10 minutes within DBS Network via DBS PriorityPay.++
Instant Foreign
Exchange
Round-the-clock FX service, including customised FX watchlist, real-time price alert and FX transactions at any time via Instant FX Conversion.
Access up to
14 currencies
Hassle-free auto-currency wallet creation when completing FX transactions or inward remittances. Supporting up to 14 currencies: AUD, CAD, CNY, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, and USD.
Instant Fund
Transfers via FPS+
Up to 50 free transactions in HKD each month with a HK$5 rebate per transaction1. 24/7 transactions and support up to HKD 5 million/RMB 5 million per transaction.
+ DBS IDEAL online banking platform is required for this product and service.
1 Refer to the FASTER PAYMENT SYSTEM ("FPS") section here for FPS payments rebate.
++ Subject to regulations in the beneficiary market.
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