The DBS account’s interest is calculated and accrued daily and credited monthly. Interest calculation is based on 365 days for SGD, GBP and HKD, and 360 days for all other currencies. For more details on interest rates that you can enjoy with your new MCY Account and the respective interest calculation, please click here.

Please click here to view interest rates of various accounts.

The DBS account’s interest is calculated and accrued daily and credited monthly. Interest calculation is based on 365 days for SGD, GBP and HKD; and 360 days for all other currencies. For more details, please click here.

The DBS MCY Account offers Hong Kong Dollars (HKD) and 13 foreign currencies:

• US Dollar (USD)
• Japanese Yen (JPY)
• Australian Dollar (AUD)
• Canadian Dollar (CAD)
• Danish Krone (DKK)
• Pound Sterling (GBP)
• Norwegian Krone (NOK)
• Singapore Dollar (SGD)
• Swedish Krona (SEK)
• Swiss Franc (CHF)
• New Zealand Dollar (NZD)
• Euro (EUR)
• Chinese Renminbi (CNY)

Please rest assured that there is no minimum balance requirement for DBS MCY Account..

Fees and charges will be waived as long as you maintain your DBS Treasures or DBS Private Bank status. Please visit DBS Treasures or DBS Private Bank for more details on maintaining the respective banking relationship and relevant fees and charges.

Please click here for fees and charges on deposit services.

You will be provided with a DBS Multi Currency Savings Account (“MCY”). Subject to T&Cs, DBS will continue to offer the existing preferential deposit interest rates provided by ANZ, or the prevailing DBS MCY account preferential deposit interest rates, whichever is higher, for 3 months after the Transfer.

In the event that ANZ’s rates are higher, the interest will be calculated by using DBS’s rates and credited to your DBS MCY Account on a monthly basis, plus an additional interest amount which will be given in the form of a cash reward and credited to your DBS MCY Account on a monthly basis (“Additional Interest Amounts”). However, you must maintain a valid DBS MCY Account at the time any reward is given. For detail, please refer Terms and Conditions.

Please update your contact numbers, email address and mailing address with ANZ, or with DBS if you are an existing DBS customer, at your earliest convenience to ensure you will be able to receive further communications regarding the Transfer.

If you would like to update your address and contact details after the Transfer, please contact DBS directly to ensure that you will receive future communications.

Please click here for more details about product terms and features.

You can visit any DBS branch or manage your accounts via DBS iBanking and DBS digibank, DBS Phone Banking and DBS ATM Card starting from 9.00am on Monday ,11 September 2017.

For more information about our services, please click the links below:
DBS iBanking
DBS digibank
DBS Phone Banking

Your new DBS account will not be linked to your existing DBS ATM Card. We will issue a new DBS ATM Card separately for your new DBS account instead.

Please note that an indicator, “NEW”, will be embossed on your new DBS ATM Card for your easy reference.

We encourage you to consolidate your DBS accounts (up to 10 accounts) into one DBS ATM Card for your convenience. Simply visit any DBS branch or call the DBS Customer Service Hotline for assistance after the Transfer.

Please acknowledge your new card (within 4 months from the issue date of the card mailer, otherwise the card will become invalid. For security reasons, your Personal Identification Number (“PIN”) will be sent separately after acknowledgement of your new DBS ATM Card.

You can access your accounts or withdraw cash by using your DBS ATM Card at ATMs supporting JETCO or China UnionPay networks worldwide, starting from 9.00am on Monday, 11 September 2017.

We are sorry that your CNY accounts will not be automatically linked to your new DBS ATM Card. You can view your CNY account information through DBS iBanking, DBS digibank or your monthly statement.

Alternatively, you can also apply for a separate DBS ATM Card at any of our DBS branches after the Transfer to access your CNY account and enquire about your account balance as well as withdraw CNY cash.

Yes, you will be able to do so. You can access your joint account using the new DBS ATM Card immediately from 9.00am on Monday, 11 September 2017, while your personal accounts will be available from 9.00am on Tuesday, 12 September 2017.

No, your ANZ chequebook should not be used on or after Saturday, 9 September 2017.

We have mailed you a new DBS Chequebook by the end of August 2017 and you can start issuing cheques on or after Saturday, 9 September 2017.

ANZ cheques dated on or before Friday, 8 September 2017 will continue to be processed for 6 months from the date of issuance.

We have mailed you a new DBS Chequebook by the end of August 2017and you can start issuing cheques on or after Saturday, 9 September 2017.

All your active ANZ direct debit authorisation(s) will be transferred to DBS and therefore no action is required from you.

All your ANZ standing instructions regarding funds transfers from your ANZ account to other banks will be transferred to DBS and therefore no action is required from you.

DBS will support other standing instructions regarding funds transfers into your ANZ account from other banks for 3 months – until Saturday, 9 December 2017. Please notify relevant parties of the upcoming change as soon as you receive your new DBS account details after the Transfer.

All your ANZ remittances regarding funds transfers from your ANZ account to other banks will be transferred to DBS and therefore no action is required from you.

DBS will support remittances regarding funds transfers into your ANZ account from other banks for 3 months – until Saturday, 9 December 2017. Please notify relevant parties of the upcoming change as soon as you receive your new DBS account details after the Transfer.

DBS will support these transactions for 3 months – until Saturday, 9 December 2017. Please notify relevant parties of the upcoming change as soon as you receive your new DBS account details after the Transfer.

Local funds transfers to your ANZ account will be credited to your new DBS account until Saturday, 9 December 2017. Please notify relevant parties of the upcoming change as soon as you receive your new DBS account details after the Transfer.

Based on the original tenor, we will transfer your ANZ time deposits into DBS Time Deposit Account(s) with the same value and maturity dates, and at the original contracted rates with ANZ.

To help you manage your time deposits, there will be a consolidated time deposit account showing time deposits in different currencies and/or tenors. This account will include all time deposits with the same account holder and registered correspondence address. For joint-name time deposits, those with the same address and the same signing instruction (i.e. both-to-sign or either-to-sign) will be included in a consolidated time deposit account.

Your account will follow the same maturity instructions that you provided ANZ.
If you have instructed ANZ to credit your maturity proceeds into your current / savings account, we will do the same. You will be given a DBS Current / Saving Account, into which your proceeds will be credited.

Interest calculation is based on 365 days for SGD, GBP and HKD, and 360 days for all other currencies. For more details on the interest calculation and the interest rates that you can enjoy with your DBS Time Deposit Accounts, please click here.

Please click here to view interest rates of various accounts.

Yes, you will need to maintain your time deposit till maturity. No interest will be paid and a premature withdrawal charge will be charged if you withdraw your time deposit prior to the maturity date.

Your ANZ time deposit details will be shown on your new DBS statement. Alternatively, you can always check your Time Deposit Account information through DBS iBanking or DBS digibank from 9.00am on Monday, 11 September 2017.

In case ANZ time deposit details cannot been shown on your new DBS statement, DBS will send you a time deposit advice separately for your easy reference.

Yes, deposit(s) in Current Accounts, Savings Accounts and Time Deposits with tenors equal to or less than 5 years are qualified for protection under the Deposit Protection Scheme in Hong Kong. Deposits in Multi-Currency Settlement Accounts and Time Deposit Accounts under Wealth Management Accounts are also qualified for protection under the Deposit Protection Scheme in Hong Kong. Eligible deposits taken by DBS are protected by the Scheme up to a maximum limit of HK$500,000 per depositor.

For example:
You have eligible deposit balances of HK$400,000 with DBS and an eligible time deposit of HK$300,000 with ANZ. After the Transfer, you will have deposit balance of HK$700,000 with DBS, of which HK$500,000 is protected under the Scheme.