Accounts

Business Fixed Deposit Account

Place your funds with Asia’s safest bank and enjoy higher returns

Enjoy enhanced yields, higher returns and improved liquidity with a DBS Fixed Deposit Account. Open an account with IDR 10 million or USD 1,000 and earn higher interest rates with us for a set period of time.

 

Why choose DBS Fixed Deposit Account?

  • Ensure your funds are safe with an "AA-" and "Aa1"rated bank. DBS has been named the Safest Bank in Asia by Global Finance for five consecutive years, from 2009 to 2013
  • Increase your returns with competitive interest rates
  • Choose from a flexible range of tenures, from overnight to 36 months
  • Improve your liquidity via a wide range of global and Asian currencies: AUD, CHF, GBP, IDR, JPY, NZD, SGD and USD
  • Take advantage of our convenient cut-off times to make placements and withdrawals. You can also make early withdrawals if required

 

Product Features

 Minimum deposit amountTenureCurrencies

IDR

IDR 10 million or USD 10,000

Overnight to 36 months

IDR

Foreign currencies

Overnight to 36 months

AUD, CAD, CHF, CNH, EUR, GBP, HKD, JPY, NZD, USD

FAQs

Can I withdraw my Fixed Deposit before its maturity date and is there any penalty?

Yes, you may and there is no penalty fee. However, early withdrawals may result in a significantly reduced rate of interest than originally agreed. As such, you should consider making an early withdrawal carefully.

Where can I find DBS' Fixed Deposit rates?

We offer preferential rates if you have regular deposits with us. To find out more about our Fixed Deposit rates and how it can yield higher interest rates than a typical current account, contact our DBS Indonesia Customer Centre at 1500 327 or 69 327 (if using a mobile phone) and our Relationship Manager will be glad to assist you.

What is the latest cut-off time to place a Fixed Deposit with DBS?

Liquidation

15.30

Placement

15.30

Maintenance & Roll-over

14.00

Liquidation before maturity

15.30

Do I need to submit a new set of account opening documents to open a Fixed Deposit Account if I already have a DBS Business Account?

You will only need to complete the Fixed Deposit Account Application Form. Please call our DBS Indonesia Customer Centre at 1500 327 or 69 327 (if using a mobile phone) and we will arrange for a Relationship Manager to assist you with your application.

When will I receive the Fixed Deposit Advice?

The Fixed Deposit Advice will be sent to you within three to four working days from the date when your tenure begins.

 

How do I apply?

Please call our DBS Indonesia Customer Centre at 1500 327 or 69 327 (if using a mobile phone) or simply visit one of our branches and our Relationship Manager will be glad to assist you.

Awards
Safest Bank in Asia – 2013, Global Finance

Safest Bank in Aisa – 2013, Global Finance

View All