Yes. Balances will be notionally aggregated in a common base currency. 

Any currency that does not have interest rate restrictions can be included for as long as the account of the currency can be opened in a participating DBS country.  

Restrictions currently apply to China, India, and Taiwan, where you will be able to contribute to notional aggregation, but will be unable to receive interest benefits at the local level.  

• Preserve full autonomy of the participating accounts without balance sheet implications since funds are not co-mingled. 
• Local entities enjoy higher yield from idle funds and cost savings from lower interest on borrowings as preferential interest rates are dynamically applied on a daily basis based on total portfolio value. 
• Easy to implement and administer as it requires less product documentation compared to other types of liquidity management. 
• Reports can be accessed through IDEAL, our online banking platform, for greater convenience.