Fiduciary Services, part of Global Transaction Services, offers trust, agency and other fiduciary-related services to our clients.
DBS Trustee Limited (DBS Trustee), a wholly owned subsidiary of DBS Group, is a company incorporated in Singapore and registered as a trust company under the Trust Companies Act 2005, Chapter 336 of Singapore. It has been providing trustee services in Singapore for more than 20 years.
Corporate Trust
DBS Trustee acts as trustee for collective investment schemes, employer share option schemes, debentures, and various other corporate and private trust structures in Singapore. We are also trustee to corporate bonds, real estate investment trusts (REITS) and exchange traded funds (ETF).
Fiduciary Services also provides agency services, such as escrow services, bond registrar, calculation/paying agent, and other administrative services.
Private Trust
We offer wealth and succession planning solutions to customers of DBS Bank, their businesses and families. Our approach to wealth and succession planning: balance traditional wealth planning methods with innovative ones. Our sole purpose is to assist in the creation and preservation of clients’ wealth for current and future generations.
| What is a Trust? |
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A trust is an arrangement whereby property and/or assets are set aside, as directed by the settlor (the person who creates the trust) to be held by the trustee for the benefit of certain persons called beneficiaries. A trust arrangement allows you to specify what amount, to whom the gift (of assets or properties) is distributed, when the time is right. |
| Types of Trust |
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Customised Trust
- Fully discretionary, established by customisable trust agreement
- Flexible succession planning tool, can be revocable or irrevocable
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Simple Trust
- Simplified, established by standard trust agreement
- Cost effective and revocable in nature
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