Business Account

Online Account Opening for Business

Get your business account up and running in as fast as 3 working days* with rewards of up to HK$180,000^

From now until 31 December 2022, Hong Kong incorporated companies can submit an application for DBS Online Account Opening for Business to enjoy the following offers:

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
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 HK$600 cash rebate by transacting Foreign Exchange via Instant FX Conversion on DBS IDEAL Online Banking Service Platform ²

SME Financing Guarantee Scheme ³

Up to HK$50,000 cash rebate of guarantee fee for the SME Financing Guarantee Scheme ⁴
Annual Interest rate of DBS ec-Loan Program under SFGS can be as low as DBS’s privilege interest rate (P) – 0.25%

Want to enjoy the offer?

Have financing needs?

* Subject to eligibility and conditions.
^Terms and conditions apply.

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

¹ Terms and Conditions of DBS SME 180K Online Account Opening for Business – HK$180,000 welcome offers’ Transaction Fee Waiver

² About DBS Online Instant FX Conversion Welcome Offer Promotion

³ About SME Financing Guarantee Scheme

⁴ 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 12 consecutive years from 2009 to 2020

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 rebate¹per 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
¹Refer 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.