Cash & Accounts
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
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.
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.
No, once added to the Multi-Currency Account, a wallet cannot be closed unless the entire Multi-Currency Account is closed.
How do I apply?
For more information on our products and services, please contact your Relationship Manager, or call 02 6606 0302 if you are overseas (8:30 am to 6:30 pm Mon - Fri excluding Public Holidays).