Apply through DBS IDEAL App
Apply through web form
Apply nowBy clicking “Apply now”, you agree to the DBS Data Policy and General Banking Terms and Conditions.
DBS Business Account
- Start with a Multi-Currency Savings Account that lets you manage HKD, USD, RMB, and up to 11 other currencies in separate wallets under one account.
- You can also add a Current Account for HKD, RMB, or USD and a Fixed Deposit Account later in this application.
By clicking “Apply now”, you agree to the DBS Data Policy and General Banking Terms and Conditions.
Resume existing application
To pick up where you left off, enter the reference number and mobile number you used when you started your application.
Get your DBS Business Account Seamlessly
Submit application
Fill out the application form in as fast as 15 minutes +.
Online Account Opening User Guide 
Verify your Identity
Use your mobile phone to verify your identity.
Account Opened
In as fast as 1 working day ++, you can start transacting with your account.
+ Based on actual cases of filling out online account opening application forms, it only takes as fast as 15 minutes to complete the form.
++ Account opening can be completed in as fast as 1 working day for Hong Kong incorporated entities with all shareholders/ directors/ sole proprietor/ partners holding a Hong Kong Permanent Identity Card. For Hong Kong incorporated entities with at least 1 shareholder(s)/ director(s)/ sole proprietor/ partner(s) holding the People's Republic of China Resident Identity Card, account opening can be completed in as fast as 5 working days. Subject to eligibility and conditions.
Note:
- Foreigners without holding permanent HK Identity Card or Chinese Resident Identity Card may be invited to join a video conference or face-to-face meetings for identity verifications. Physical copies of identification documents certified by suitable certifiers should be delivered to DBS Bank (Hong Kong) Limited if the meeting is conducted via video conference.
- All Online Account Opening for Business applications are subject to approval by DBS Bank (Hong Kong) Limited.
Key Features
24/7 Instant Foreign Exchange**
Round the clock FX service, including customised FX watchlist, real-time price alert and FX transactions at any time via Instant FX Conversion
Instant fund transfer via FPS with high transaction limit**
Up to HK$250 cash rebate^^ per month on real-time Faster Payment System (FPS) payment via IDEAL. 24/7 transactions and support up to HKD 5 Million/RMB 5 Million per transaction
Real time payment and collection status with SWIFT gpi**
Receive real-time updates on where the funds are along the payment chain for better cash management
Run your business effortlessly
Open a Business Account with DBS online and experience personalised dashboard, real-time alerts, and account e-statements for your business on DBS IDEAL online banking platform
**DBS IDEAL online banking platform is required for this product and service
^^Refer to the FASTER PAYMENT SYSTEM ("FPS") section here for FPS payments rebate
'DBS Online Account Opening for Business' step-by-step guide
For Hong Kong ID
shareholders or directors
For Mainland China ID
shareholders or directors
Applicable to Hong Kong Incorporated Entities with shareholders and directors with Hong Kong ID
Account opening can be completed in as fast as 1 working day for Hong Kong-incorporated entities with all shareholder/director/sole proprietor/partner holding a Hong Kong Permanent Identity Card. Subject to eligibility and conditions.
Applicable to Hong Kong Incorporated Entities with shareholders or directors with Mainland China ID
For Hong Kong-incorporated entities with at least 1 shareholder/ director/ sole proprietor/ partner holding the People's Republic of China Resident Identity Card, account opening can be completed in as fast as 5 working days. Subject to eligibility and conditions.
Documents Upload Guide Fees and Charges ~
| Type of Services | Charges |
|---|---|
| Corporate Account Set-up Fee | |
| Local Company Account Opening# | Min.HK$ 1,200 |
| Overseas Company Account Opening† | Min.HK$ 10,000 |
| Account Opening of Special Company ‡ | Min.HK$ 10,000 |
| Corporate Account Annual Administration Fee* | |
| Overseas Company† | Min. HK$5,000 |
| Min. HK$5,000 |
| Company Search | |
| To conduct a local search at Business Registration Office or Companies Registry | HK$150@ |
| To perform company search for companies incorporated overseas | HK$2,000@ |
| Monthly service charge | |
| The monthly service fee will be applied if the Average Total Deposit Balance over the month falls below HKD50,000 or its equivalent in foreign currency(ies) | HK$250 per month |
(*) This fee is charged to support additional administrative costs associated with the maintenance of the account(s) of Overseas Company and Special Company. The amount charged depends on the effort and cost associated with the maintenance of the account(s) in view of various factors, e.g. country of incorporation, complexity of company structure, business model, etc.
(#) Local Company refers to Hong Kong registered company excluding Overseas Company† and Special Company‡
(†) Overseas Company refers to (1) company not registered in Hong Kong; (2) Hong Kong registered companies with major corporate shareholder(s) that are overseas incorporated; (3) Hong Kong registered companies with any corporate director(s) that are overseas incorporated; (4) non Hong Kong companies registered under Companies Ordinance of Hong Kong (Cap. 622).
(‡) Special Company refers to but is not limited to (1) company in special industry e.g. Money Services, jewellery, etc.; (2) company with complex structure; (3) company's ultimate beneficial owners are non-permanent Hong Kong residents; (4) Trust account.
(@) The fee is charged for each search conducted for purposes including but not limited to account opening, regular customer dued iligence review and customers' request for change of director(s)/ partner(s)/ committee member(s)/ authorised signatory(ies).
~Note: There may be other fees and charges applicable to business account. View all fees and charges here .
Frequently Asked Questions
What is the difference between DBS Online Account Opening for Business and the traditional way of opening an account?
Business owners can now open an account anytime and anywhere, without having to schedule face-to-face meetings with the bank, or submit physical documents and signatures. The application process is completely digitised and paperless. It is part of a comprehensive suite of digital solutions, available through DBS online banking platforms for businesses in Hong Kong.
What am I getting with the DBS Online Account Opening for Business?
To begin with, we can open a Multi-Currency Savings Account that lets you manage transactions in HKD, USD, RMB. Subsequently, you can also transact in AUD, CAD, CHF, DKK, EUR, GBP, JPY, NOK, NZD, SEK and SGD. During your application, you will be given the option to add a Current Account for HKD, RMB, or USD.
Your application also comes with DBS IDEAL, our online business banking platform that gives you instant access to your account balances, make secure payments, and bank smarter and faster.
After your account is opened, you can contact us to apply for any of these services, or any other services that require a physical signature:
Your application also comes with DBS IDEAL, our online business banking platform that gives you instant access to your account balances, make secure payments, and bank smarter and faster.
After your account is opened, you can contact us to apply for any of these services, or any other services that require a physical signature:
- Trade facilities and services
- Cheque book
- Corporate ATM card
- Investment account
Is my business eligible to open a business account remotely*?
Eligible business types:
Eligibility requirements:
*Please note that further eligibility and conditions may apply.
- Limited liability companies
- Partnerships
- Sole proprietorships
Eligibility requirements:
- The business must be incorporated / in Hong Kong.
- The director(s) / shareholder(s) / partner(s) / sole proprietor must hold HK Permanent ID Card and/or People's Republic of China Resident Identity Card.
*Please note that further eligibility and conditions may apply.
Could I still apply online if I know my business is not eligible for DBS Online Account Opening for Business?
Absolutely! You can still save time by providing required information online, and then make an appointment with us to complete your application at our SME Center.
What is the transaction limit settings in DBS IDEAL for DBS Business Account holder?
For DBS Business Accounts opened remotely* by limited liability companies, partnerships or sole proprietorships incorporated / registered in Hong Kong, with all director(s) / shareholder(s) / partner(s) / sole proprietor holding HK Permanent ID Card, the initial transaction limit is HK$1 million per transaction with at least 1 director / shareholder / partner / sole proprietor holding People's Republic of China Resident Identity Card, the initial transaction limit is HK$4 million per transaction
For other cases, the initial transaction limit is set during face-to-face meetings with the bank.
You can customize your transaction limit preferences on DBS IDEAL after your DBS IDEAL profile is successfully created.
*Please note that further eligibility and conditions may apply.
For other cases, the initial transaction limit is set during face-to-face meetings with the bank.
You can customize your transaction limit preferences on DBS IDEAL after your DBS IDEAL profile is successfully created.
*Please note that further eligibility and conditions may apply.
What are the account fees and transaction fees like?
Please visit our fee schedule and respective product pricing details.
What can I do if I wish DBS to reconsider my business account application?
Please be informed that DBS Bank (HK) Limited has imposed review mechanism for rejected account opening applications and account closure cases. In the event of requesting the Bank to review the decision on unsuccessful account opening application, the Bank will review the case within 30 calendar days. For enquiries, please contact DBS BusinessCare at 2290 8068.
