Cash & Accounts

Corporate Multi-Currency Account

1 Account, 12 Currencies

The DBS Corporate Multi-Currency Account (MCA) is a single account with which you can manage up to 12 currencies. It is an efficient and cost-effective solution for you to maintain balances and perform transactions in different currencies.

Ease of account opening and management – Each supported foreign currency wallet will be automatically created when the funds are received

Reduce currency conversion costs – You can offset flows in the same currency and have flexibility in managing currency conversions at your own schedule

Real time visibility – Automatic linkage of currency wallets in DBS IDEAL™ for transaction initiation and reporting

FAQs

What are the currencies offered under Corporate Multi-Currency Account?
The 12 currencies offered are USD, HKD, GBP, AUD, CAD, SGD, CHF, JPY, NZD, EUR, CNY and CNH.
When will a currency under a Corporate Multi-Currency Account be activated?

If you open a Multi-Currency Account, an USD wallet will be automatically added under this account. We may add a new foreign currency wallet when the funds are received.  

Can I view all currencies under a Corporate Multi-Currency Account in my account statement?
Yes, you can view all the created currencies under a MCA in your monthly statement. It will contain balances and transaction details for all currencies activated for your reference.
Can I view all currencies of a Corporate Multi-Currency Account on DBS IDEAL?

Yes. Please ensure that you have access to DBS IDEAL for your Corporate Multi-Currency Account. All currencies activated will be added automatically for viewing and/or transacting in DBS IDEAL.

Can I close certain currencies under a Corporate Multi-Currency Account?

No, once added to the Multi-Currency Account, a wallet cannot be closed unless the entire Multi-Currency Account is closed.

How will interest payments and charges be done?
They will be independently calculated for each currency wallet under a Multi-Currency Account based on our prevailing interest rates applicable to each relevant currency

 

How do I apply?

For more information on our products and services, please contact your Relationship Manager, or call 0800 808 889 or +886 2 6612 9889 if you are overseas (8:30 am to 6:30 pm Mon - Fri excluding Public Holidays). 

Get In Touch

DBS BusinessCare: 0800 808 889

Get In Touch

DBS BusinessCare: 0800 808 889