Business Account

Business Account

Open your Business Account online in as fast as 2 working days##

Business Account

Open your Business Account online in as fast as 2 working days##

At a Glance
24/7 convenience

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



DBS has "AA-" and "Aa1" rating, and has been accorded the “Safest Bank in Asia” according to Global Finance for 15 consecutive years from 2009 to 2023.

Ready to get a DBS Business Account?

## Subject to eligibility and conditions.



Features & Benefits
saving account

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


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 efficiency

Open a Business Account with DBS online and experience 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 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

Xero integration**

Xero integration**

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

stack of cash

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 

Enhance your end customers’ experience with DBS’ APIs

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
^^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), Japanese Yen (JPY)  or Danish Krone (DKK) exceeds the bank’s defined threshold, monthly charge will be applied. For details, please click here.

^^^Subject to regulations in the beneficiary market.

Welcome offers^

A series of welcome offers^ await you. Learn more

Minimum Deposit Balance

Service Fee Waiver


HK$750 Free1
Deposit HK$600,000 into your Business Account1

Maintain HK$600,000 Average Total Deposit Balance for

First 1 month +HK$500  
First 3 months +HK$1,200 Account opening fee rebate*
First 6 months +HK$3,600  
Total Cash Rebate
Complete 6 Payments2
Within first 6 months +HK$500
Total Cash Rebate
Complete Payroll Instructions
for 3 months3
Within first 6 months +HK$1,888
Total Cash Rebate
Complete FX Transactions4#

Accumulate Total Transaction Amount at

US$100,000 to
US$500,000 to
US$1,000,000 to
or above
Total Cash Rebate
= Up to HK$13,888 Cash Rebate^


^Terms and conditions apply.
1 Maintain>= HK$600,000 average total deposit balance within first 6 calendar months upon Business Account opening (HKD equivalent) with a maximum of HK$5,300.
2 Completed at least 6 outward payment transactions in the first 6 calendar months upon Business Account opening via IDEAL Online Banking Platform with a maximum cash rebate of HK$500.
3 Completed payroll instruction for at least 3 months or more in the first 6 months upon account opening with a maximum cash rebate of HK$1,888.
4 The accumulated volume of FX transaction(s) conducted via its Business Account with the Bank on or before the date falling 6 months after the opening date of such Business Account reaches US$100,000 (or its equivalent in other currencies) or more with a maximum of HK$6,200 cash rebate.
# Foreign exchange involves risks. Customers should note that foreign exchange may incur loss due to the fluctuation of exchange rate.
* The account opening fee rebate is capped at HK$1,200. Terms and conditions apply.

Get your DBS Business Account seamlessly in 3 simple steps.

1.   Submit your application. Fill out the application form in as fast as 15

      Complete the application form and submit supporting documents online.
2.   Verify your identity 
      Authenticate your identity online.
3.   Account opened
      Enjoy our array of intelligent and intuitive banking services.

+ Base on actual online account opening application form filling case.

Apply on DBS IDEAL Mobile App

 tick  Go beyond desktop submissions and enjoy mobile app-based onboarding experience on DBS IDEAL Mobile

 tick  Apply for a Business Account, track your application status, and manage your finances in a single app

DBS App IconQR Code

  Google Play Huawei Store


What is a business account?

A business account is a bank account opened in the company’s name that is used for processing day-to-day business receipts, payments to supplies, payroll to employees, and other business expenses, including office rents and utility payments. Any records of income and expenses processed through a company’s business account will be used for filing tax returns. 

What documents are needed to open a business account?

Please refer to the Online Account Opening for Business Document Upload Guide and prepare the required documents accordingly, to open a business account at DBS easier.

What are the benefits of opening a business account?

A business account offers business banking services, such as bulk payroll, accounting, business loans, business insurance, business debit cards, etc. With a business account, you can easily file tax returns with existing business transaction records. It will help avoid confusion with income and expenses from your personal account and make organising business expenses easier. 

Procedure for opening a business account

Just complete a few simple steps and you can easily open an account!  
1.    Check out the Online Business Account Opening Document Upload Guide and prepare the required documents accordingly.
2.    Complete the application form with your company details and upload required documents online, then submit the application form.
3.    After receiving the verification email, you can complete the online identity verification*** with your mobile phone swiftly.
4.    Fund in within 30 days and get your account activated!

*** In order to open a business account through online identify verification, certain eligibility requirements and conditions will be applied.