Accounts

RMB Corporate Account

Grow your business in mainland China

Build your relationships with suppliers and facilitate trade in mainland China with a DBS RMB Corporate Account. Through this account, we help you efficiently manage remittances, foreign exchange and finance your trade. We also help you save on foreign exchange conversion charges, thus easing your foreign exchange risk and gain a competitive edge by paying in RMB.

Why choose DBS RMB Corporate Account?

Support your onshore and offshore RMB transactions with a single account
Deposit and withdraw funds in the form of bank notes, local fund transfers and telegraphic transfers
Access a wide range of RMB services including trade remittances, RMB exchange, overseas and local fund transfers, trade services and finance

FAQs

What is the daily withdrawal limit with the RMB Corporate Account?

There is no daily limit for cash withdrawal with the RMB Corporate Account.

Can I make RMB inward and outward remittances from an RMB Corporate Account?

Yes, as there is no restriction for inward and outward RMB remittance outside mainland China. For RMB inward and outward remittance within mainland China, it is subject to PRC regulations and guidelines.

How do I apply?

You may apply via our Online Account Opening Service.

Alternatively, please download and complete the application form and submit it at any DBS SME Banking Branch.

You may also Make an Appointment or call DBS BusinessCare at 2290 8068.