Investment Account Upgrade

Selected customers may receive the communication from the Bank regarding the upgrade of Investment Accounts to Wealth Management Account. For customers with a joint account, the communication will be sent to the primary account holder.

Your Investment Accounts will be closed within one month. This Account Upgrade will provide you with enhanced features and greater opportunities to grow your wealth.

The Account Upgrade will be scheduled for a weekend in October/November 2025, the date of which is yet to be confirmed. Your WMA will be created, investment holdings will be transferred, and your current Investment Accounts will be closed within one month. Please note that some trading activities will be temporarily restricted during the Account Upgrade period.

Your holding in Investment Accounts will be consolidated to your WMA.

If your account is a joint account, and any of the owners are not yet a DBS Treasures customer, all owners will be upgraded to DBS Treasures.

Yes, customer communication about the Account Upgrade arrangement will be sent to your registered address and email. Notification will be sent to you upon your WMA being opened.

Your Investment Accounts will be closed in one month after successful Account Upgrade. You will receive another notification from us after account closure.

Apologies, the Securities Trading and/or Investment Fund Trading service of the Investment Accounts will no longer be available.

To continue to enjoy the related services, please open WMA.

DBS Treasures customers enjoy access to a broader suite of banking services, wealth solutions, and exclusive privileges. For more details, please visit www.dbs.com.hk/treasures/default.page.

If your account is a joint account, and any of the owners are not yet a DBS Treasures customer, all owners will be upgraded to DBS Treasures.

The Monthly Service Fee threshold for a DBS Treasures account is HK$1,000,000, based on your Average Total Relationship Balance^* over 3 consecutive months. If your balance falls below this threshold (or its equivalent), a Monthly Service Fee of HK$300 will apply. This fee will be waived for the first 2 years for those customers who are upgraded from DBS Account to DBS Treasures due to this Account Upgrade. These customers will receive a written confirmation separately. Customers who are existing DBS Treasures customers at the time of this Account Upgrade will not be entitled to this fee waiver.

Yes, you will have a dedicated Treasures RM after upgrading to DBS Treasures. You can access his/her detailed information under DBS iBanking, DBS digibank HK app, or simply refer to the upcoming welcome notification about DBS Treasures services.

Yes. Your investment fund cost prices and manually input securities costs will carry forward. If these are unavailable, the latest market price on the Account Upgrade day will be used. Profit & Loss (P&L) will reflect the post-transfer valuations.

Yes. Unlike your current setup, where cash is automatically debited from a settlement account, the WMA requires you to transfer available cash into your multi-currency settlement account in WMA before placing any trade.

To know more, please refer to the Tutorial on money transfer from Current and Savings Accounts (“CASA”) to WMA .

Securities and investment fund corporate actions with cut-off date/record date prior to the Account Upgrade or with payment date after the Account Upgrade will still be handled through your Investment Accounts. If the corporate action involves distribution of shares or fund units, they will be transferred to your WMA subsequently.

This Account Upgrade is only applicable to the Securities Account and Investment Fund Account. The Investment ID Account which involves trading of Structured Investment Product (“SIP”) and Currency Linked Investment (“CLI”) is not affected.

However, you are highly encouraged to consolidate all your investments in one account (via WMA) for easier management. WMA also offers trading services of SIP and CLI, and other investment products.

No. GTD orders will be suspended 4 trading days before the Account Upgrade. Only day orders will be accepted and outstanding GTD orders will be cancelled after the Account Upgrade.

If you deactivated your online trading service for your existing WMA during the WMA opening at that time, it will be reactivated during the Account Upgrade. Then you may continue to enjoy the equity trading service through your WMA after the upgrade. For further questions or if you wish to continue deactivating online trading service for your WMA, please contact your RM or visit any of our branches.

You can enjoy the rate of corresponding tiering in Equities Trading Club when you open WMA. No sign up is required.

Please refer to Equities Trading Club for details.

Yes, Safekeeping Maintenance Fee will be charged for WMA semi-annually, which is different from Securities Account . It is calculated according to portfolio value on a monthly accrual basis at 0.025% per annum. (Min charge HK$100, Max charge HK$500)

Please refer to the Bank Charges Schedule for the latest fees.

You can continue to enjoy the stock trading service via our DBS iBanking and DBS digibank HK app. The Automated Phone Banking and Securities Trading Hotline are not supported for WMA.

For customers with a successful Account Upgrade on 9 November 2025, your settled investment fund holdings will be transferred to the Wealth Management Account (“WMA”) and displayed in DBS iBanking/DBS digibank HK app after the completion of the Account Upgrade on 9 Nov 2025. You can access your WMA — displayed as “Wealth Portfolio” — under the “Wealth Management” and Invest” sections when you log in to DBS iBanking or DBS digibank HK app.​

For any unsettled transactions or holdings not yet transferred, you still can redeem them via the Investment Fund Account. The transfer to your WMA will be completed within one week after the Account Upgrade. ​

For customers with an unsuccessful Account Upgrade on 9 November 2025, your investment fund or securities holding will remain in your Investment Accounts. The trading and account overview page of your Investment Fund Account in DBS iBanking/DBS digibank HK app will be suspended from 9 am on 9 Nov 2025 to 7 am on 11 Nov 2025. During the suspension period, please contact your Relationship Manager or visit any of our branches for investment fund trading or enquires. ​

If placed via DBS iBanking, the redemption proceeds will be credited to your new WMA after settlement.

Outstanding Investment Fund Savings Plan will be terminated at the end of the cycle in the calendar month preceding the Account Upgrade. You may set up a new Regular Fund Investment Plan in your WMA via DBS digibank HK app.

You are encouraged to terminate your recurring Monthly Savings Plan in Investment Fund account and set up the Regular Fund Investment Plan via DBS digibank HK app (Mobile Banking) prior to the Account Upgrade. You may learn more about the benefits and customer offers of Regular Fund Investment Plan via our website Regular Fund Investment Plan.

The subscription fee and switching fee will remain unchanged for trading lumpsum investment fund via WMA.

For Regular Fund Investment Plan, the subscription fee is 1.5% only which is lower than Investment Fund Savings Plan. You may learn more about the benefits and customer offers of Regular Fund Investment Plan via our public website Regular Fund Investment Plan.

If you do not have a WMA, the Bank will open it for you automatically. After the WMA is opened/ if you have a WMA already, you can continue to conduct fund subscription/switching/Regular Savings Plan setup/termination via WMA. By then, you cannot conduct subscription/switching via your Investment Fund Account, but redemption is allowed if there are residual units.

The calculation of value is based on the unit price obtained from sources believed to be reliable by the Bank on best effort basis. The Bank may use different information provider(s) for price quotation for Investment Fund Account and/or WMA. The Bank and the information provider(s) make no representation and accept no responsibility or liability to the customer as to the accuracy or completeness of such information. The prices shown are for reference only and are subject to change without notice.

If you are an employee or director (excluding non-executive directors) of a Licensed Corporation or Registered Institution under the Securities and Futures Ordinance, please consult your employer before the Account Upgrade. This is essential because:

1. Your account number will change, and
2. The new WMA is a consolidated account that offers a full suite of investment products, including equities, funds, bonds, structured products, and more — unlike your current setup, which separates securities and fund trading into two accounts.

For further questions, please contact your RM or visit any of our branches.

Form W-8BEN (Foreign Individual) / W-8BEN-E (Foreign Entity) (collectively referred to as “Form W-8”) is required by the United States (“US”) Internal Revenue Service (“IRS”) to document that an account holder is the beneficial owner of the income and is not a US person.

• If you have provided a signed Form W-8, the relevant Form status will be automatically applied to your WMA, allowing you to access the Bank’s investment services via WMA while the Form W-8 remains in effect.
• If you have NOT provided a signed Form W-8, please do so to declare your non-US person status via DBS iBanking, DBS digibank HK app, your RM or at our branch. Otherwise, the Bank may not be able to provide investment services such as purchasing securities and transfer-in of shares.
  Alternatively, if you would like to declare US person status, please submit Form W-9 (US Person) to the Bank via your RM or at our branch. Please note that submission via DBS iBanking or DBS digibank HK app is not currently applicable for Form W-9.

To know more, please refer to Tutorial on eW-8BEN submission

If you have already provided consent under your current account, it will carry forward. If not, please update your consent via DBS iBanking or DBS digibank HK app. Without consent, the Bank may not be able to provide certain investment services, such as purchasing securities, transfer-in of shares, or eIPO subscriptions.

If you do not have DBS iBanking and DBS digibank HK access yet, we will create one for you using the mobile phone number registered in our Bank which is used to receive SMS notifications (including but not limited to One Time Password for DBS iBanking). This service will be accessible after activation.

You will receive an initial username from us via email and SMS. After that, you can activate it by either: 1) click “Register” on the website “https://internet-banking.hk.dbs.com/IB/Welcome”, or 2) download the DBS digibank HK app and tap “Register”, then input the necessary info (including your personal information and the initial username) and create your personal username and password. You can then use these online channels to manage your WMA effectively. Note that DBS iBanking and DBS digibank HK share the same login credentials.

Only one address will be carried over — your correspondence address as shown in the letter < Important Notice: Account Upgrade for Securities Account and Investment Fund Account>.

No, there will be no change in your personal account information in your new WMA, including but not limited to the account holder names, mobile number, nationality etc.

Your specimen signature on the Bank's records will be used to validate the instructions given to the Bank. Please notify us of any change to the specimen signature.

No, notification set up in Securities Account will be carried forward to WMA. You may visit DBS iBanking to change your preference.

WMA involves a multi-currency settlement account, and it requires transfer of available cash from other accounts to WMA before trading to settle any trading orders.

Tutorial on money transfer from CASA to WMA

Tutorial on eW-8BEN submission

You may refer to the relevant FAQ under Compliance & Declarations (Do I need to submit Form W-8 to declare non-U.S. tax residency?)

You may get access to virtual asset ETFs (Exchange Traded Funds) through your WMA.

To start trading virtual asset ETFs, you are required to possess general knowledge of Virtual Assets (“VA”) and Virtual Asset-related products (“VA-related products”) before you can purchase any Virtual Asset ETFs.

Click here to know more.