Business Account

Online Account Opening for Business

From now until 30 June 2023, Hong Kong incorporated companies can set up a business account online in as fast as 2 working days^# with DBS, which is recognised as 'Hong Kong’s Best Bank'^* and 'World’s Best SME Bank'^*.

Enjoy a series of '$0 fee' offers^{^} upon successful business account opening application online, which are exclusively for SMEs. No account opening setup fees charged if application is unsuccessful^**:

Day-to-Day operation

Minimum Deposit Balance service fee waiver for the first 3 months (valued at HK$750) ¹
DBS IDEAL Online Banking Platform Monthly Service fee will be waived permanently (valued at HK$150 per month) ¹
Telegraphic Transfers (Outward): Up to 50 Outward Telegraphic Transfers via DBS IDEAL Online Banking Platform per month for the first 6 months (valued at HK$34,500) ¹
Telegraphic Transfers (Inward): Up to 50 Inward Telegraphic Transfers per month for the first 6 months (valued at HK$19,500) ¹
FPS Payment: Up to 50 free HKD FPS payments per month by rebating $5 per transaction (valued at HK$3,000) ¹
Local Transfers via Real Time Gross Settlement (RTGS) (Outward): Up to 50 Outward Local Transfers via DBS IDEAL Online Banking Platform per month for the first 6 months (valued at HK$16,500) ¹
Local Transfers via Real Time Gross Settlement (Inward): Up to 50 Inward Local Transfers per month for the first 6 months (valued at HK$4,500) ¹
Payroll via DBS IDEAL Online Banking Platform: Transaction fee waiver for the first 6 months (valued at HK$600) ¹
FPS merchant collection/DBS MAX payment received: Half price at 0.4% of transaction amount for the first 6 months (valued at HK$50,000) ¹
Foreign Exchange: up to 20% off on all foreign exchange transactions via any channels for the first month ¹

SME Financing Guarantee Scheme ²

Up to HK$50,000 cash rebate of guarantee fee for the SME Financing Guarantee Scheme ³
Competitive interest rate

Want to enjoy the offer? It only takes as fast as 15 minutes for form filling⁺.

Have financing needs?

^** An account setup fee of minimum HK$1,200 will be charged upon successful business account opening.
^* DBS Hong Kong received ‘Hong Kong’s Best Bank’ and ‘World’s Best SME Bank’ from Euromoney’s Awards for Excellence 2022, ‘Hong Kong’s Best International Bank’ from Asiamoney’s Best Bank Awards 2022, ‘Best International Bank in Hong Kong’ from FinanceAsia’s Country Awards 2022 as well as ‘Bank of the Year – Outstanding Performance’ from Bloomberg Businessweek’s Financial Institution Awards 2022
^# Subject to eligibility and conditions.
^{^} Terms and conditions apply.
⁺ Base on actual online account opening application form filling case

To borrow or not to borrow? Borrow only if you can repay!

¹ Terms and Conditions of DBS SME Online Account Opening for Business – Welcome offers

² About SME Financing Guarantee Scheme

³ Terms and Conditions of SME Financing Guarantee Scheme Promotion Offer

At a Glance

DBS Business Account is easy to open and simple to manage. Together with our 3 different account types and access to 14 different currencies, you can conduct your daily business banking activities easily and conveniently.

24/7 convenience

Open a Business Account with DBS online and experience ultimate convenience. Together with our DBS IDEAL online banking platform, you can manage business banking anytime anywhere

Safe

DBS has "AA-" and "Aa1" rating, and has been accorded the Safest Bank in Asia according to Global Finance for 14 consecutive years from 2009 to 2022

Features & Benefits

Multi-currency Savings Account

Open a Business Account with DBS in Hong Kong for hassle-free auto-currency wallet creation when completing FX transactions or inward remittances. Supporting up to 14 currencies including AUD, CAD, CNY, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, and USD

Run your business effortlessly

Personalised dashboard, real-time alerts, and account e-statements for your business on DBS IDEAL online banking platform

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

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

Cross-border payment efficiency

Cross-border payment in 10 mins within DBS Network via DBS PriorityPay

Instant fund transfer via FPS with high transaction limit*

Up to HK$250 cash rebate¹ 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

Xero integration*

Connect your DBS Business Accounts to Xero accounting software to generate automatic bank feeds

Enhance your end customers’ experience with DBS’ APIs

Seamless business banking service to your systems or platforms via DBS RAPID with real-time business information and transactions

* DBS IDEAL online banking platform is required for this product and service
¹ Refer to the FASTER PAYMENT SYSTEM ("FPS") section here for FPS payments rebate

Please click here for the terms and conditions governing business accounts

Remark: Please note that if the end-of-day balance of your corporate deposits in the currency of Euro (EUR), Swiss Franc (CHF) or Japanese Yen (JPY) exceeds the bank’s defined threshold, monthly charge will be applied. For details, please click here.