fixed-deposit-account

Fixed Deposit Account

Get higher returns on your surplus funds

Fixed Deposit Account

Get higher returns on your surplus funds

    At a Glance
    Enjoy better yield on your surplus funds in a Corporate fixed deposit.

    Secure

    Your funds are secure with DBS, voted the safest bank in Asia from 2009 to 2018

    Flexible

    Choose from range of tenures, from 1 month to 3 years

    Features

    Save with an "AA-" and "Aa1" rated bank

    DBS has been named the Safest Bank in Asia by Global Finance from 2009 to 2018

    Improve your liquidity

    Get access to IDR, SGD, AUD, CAD, CHF, CNH, EUR, GBP, HKD, JPY, NZD, USD

     

      Minimum deposit Tenure Currencies
    Indonesia
    Rupiah    		 IDR 10,000,000, Up to 36 months IDR
    Foreign currencies USD 10,000, or equivalent Up to 12 months SGD, AUD, CAD, CHF, CNH, EUR, GBP, HKD, JPY, NZD, USD
    How to Apply

    Simply contact your Relationship Manager or DBS BusinessCare by calling 1500380 (Indonesia) or +6221 8082 6902 (Overseas). We are available Monday to Friday (except public holidays), between 08:00 - 17.00.

    Note:

    LPS Deposit Insurance Scheme

    For total deposit (giro, savings, time deposit) amount of Customer up to Rp 2 billion with maximum interest rate equal to the LPS guarantee interest rate, then will be guaranteed by LPS. For total deposit (giro, savings, time deposit) amount with interest rates above the maximum interest rate of the LPS guarantee, then the deposit will not be guaranteed by LPS.

    FAQs
    Is there any penalty if I withdraw my Fixed Deposit before its maturity date?

    Early withdrawal will be subject to penalty charges. For further information, please contact your Relationship Manager.
    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 DBS BusinessCare by calling 1500 380 (Indonesia) or +6221 8082 6902 (Overseas) and our Relationship Manager will be glad to assist you.
    What is the latest cut-off time to place a Fixed Deposit with DBS?
    Liquidation15.30
    Placement15.30
    Maintenance & Roll-over14.00
    Liquidation before maturity15.30

     
    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 DBS BusinessCare by calling 1500 380 (Indonesia) or +6221 8082 6902 (Overseas) 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.

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