Cash & Accounts

Business Account

Conduct your daily business banking activities easily and conveniently

Carry out your daily business banking needs with an account that is easy to open and simple to manage. Our Business Account is ideal for managing your day-to-day banking transactions, earns you interest, and provides cheque services and overdraft facilities at competitive rates. We also offer a comprehensive range of services designed to help you grow.


Why choose DBS Business Account?

  • Enjoy unparalleled convenience with our wide banking network in Indonesia with additional access to all your business banking services via IDEAL™, our online banking platform
  • Benefit from our easy to understand approach to banking. We are the first Asian Bank to achieve the Crystal Mark award for the use of plain English for terms and conditions governing business. Plus, DBS Indonesia was recently awarded the Banking Efficiency Award 2012 for Joint Venture Bank by Bisnis Indonesia
  • Ensure your funds are safe with an "AA-" and "Aa1"rated bank. DBS Bank has been named the Safest Bank in Asia by Global Finance for five consecutive years, from 2009 to 2013
  • Access 13 different currencies. You can bank in AUD, CHF, CNY, EUR, GBP, HKD, IDR, JPY, NZD, SEK, SGD, THB and USD
  • Manage your daily operations and payments with IDEAL™, payroll, IDEAL™ eReports, e-Tax Pay, Virtual Account and foreign exchange services


I want to open a Business Account, however I do not live in Indonesia. Do I have to come down personally?

In order for us to better understand the nature of your business, we do require a face-to-face meeting with you before we can open your Business Account.

I plan to open several accounts under different currencies. Will I have to maintain a minimum balance for each account?

Yes, you will have to maintain a minimum balance for each account.

CurrencyMonthly minimum balance requirementFall-below fee*


IDR 10 million

IDR 100,000


USD 5,000

USD 10

*A fall-below fee will be deducted if your average monthly credit balance is less than the minimum monthly balance requirement.

Are there any set up fees for opening an account with DBS?

No, there are no set-up fees.

How long will it take to open a new Business Account?

It takes one to three working days to process completed documents submitted to your Relationship Manager at one of our branches.

Will there be a fee should I want to close my Business Account in the future?

Yes, there will be a fee of IDR 25,000 or USD 10.

How is my average daily balance for the month calculated, and when will the fall-below fee be deducted from my Business Account?

Your end-of-day credit balance is tracked throughout the month. These balances are then added together and divided by the number of days in the month in order to determine your average daily balance. If your average daily balance falls below the minimum balance requirement for the account, then a fall-below fee will be deducted at the beginning of the following month.


Awards we have won recently

Best Foreign Cash Management Bank in Indonesia

Best Foreign Cash Management Bank in Indonesia

Best Foreign Cash Management Bank in Indonesia

Best Foreign Cash Management Bank in Indonesia

View All


How do I apply?

Start your application now by calling 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.


To open a Business Account, you will require the following:


To register for our banking services, you will require the following:

  • Fax Indemnity Form - To allow banking transactions through fax instructions
  • Letter of Confirmation and Undertaking - To allow banking transactions involving any foreign exchange instructions
  • IDEAL™ Registration Form & Terms and Conditions - To register for corporate internet banking facilities
  • e-Tax Pay - To register for tax payments via electronic media