Foreign Currency Current Account

DBS Foreign Currency Current Account is an interest earning foreign currency checking account. Twelve different currencies are offered on this account.

Flexibility

• For customers who trade often, using foreign currencies.
• Funds received can be retained in the original currency for payments.

Attractive Interest on Balances

• A minimum daily balance is needed to earn interest on the account.
• Interest is paid on the full balance if the daily balance is above the stipulated minimum daily balance for interest payment.
• Interest Rate for each of the currencies is also dependent on prevailing interbank rates; hence some of the currencies may not earn any interest.

Checking Facility with Autocheque Mailing

• Cheque book is available in twelve currencies.
• Autocheque mailing facility where cheque book is mailed to you automatically when you are down to your last few cheques. No reminders, requests or trips to the bank are needed.
• Optional request for cheque book facility.

Account Statement for easy reference
Receive a monthly statement with transaction details of your account.

Overdraft Facility
Available in USD and other major currencies.

Deposit and Withdrawal Methods
By S$ and foreign currency cash and cheques, electronic funds transfer, demand drafts and travellers cheques.

Service Charge
The charge is payable monthly if the average daily balance in the account falls below the minimum initial deposit for account opening.

Account Opening

• Click here for information on account opening requirements and to download the relevant forms.
• Terms & Conditions apply.

Note: Foreign currency investments are subject to fluctuations in exchange rates