Join DBS Account
Frequently Asked Questions
What is DBS Account?
“DBS Account” is a Customer Segment of DBS Bank (Hong Kong) Limited (the “Bank”). “Customer Segment” means DBS Account, DBS Treasures, DBS Treasures Private Client, DBS Private Bank and any other segment made available by the Bank from time to time.
In Hong Kong, DBS Private Bank is the private banking division of the Bank.
Will any service fee be charged for having a DBS Account?
A monthly service fee of HK$200 will be charged if the "Average Total Relationship Balance over 3 consecutive months" falls below HK$200,000 (or its equivalent in foreign currency(ies)). "Average Total Relationship Balance over 3 consecutive months" is calculated based on the aggregated value of daily Total Relationship Balance in the period of consecutive 3 months divided by the total number of calendar days in that 3 months.
What is Total Relationship Balance?
The calculation of “Total Relationship Balance” is the total assets that a customer maintains with the Bank, whether solely or jointly. The assets include Hong Kong dollar, Renminbi and foreign currency deposits including time deposits, Currency Linked Investment, market value of local and overseas securities, investment funds, bonds, paper gold and other linked or structured investment products.
