corporate-multi-currency-account

Corporate Multi-Currency Account

A single account to manage 12 foreign currencies with ease

Corporate Multi-Currency Account

A single account to manage 12 foreign currencies with ease

At a Glance
DBS Corporate Multi-Currency Account helps you to transact across borders seamlessly.
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1 account, 12 currencies

Manage up to 12 foreign currencies in separate wallets under one account.

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Efficient and cost-effective

Avoid currency conversions when transacting and save on administrative costs with just one account for multiple wallets.

Features & Benefits

Ease of account opening and management

Each supported foreign currency wallet will be automatically created when the funds are received.

time

Real time visibility

Automatic linkage of currency wallets in DBS IDEAL for transaction initiation and reporting.

How To Apply

Please call us at +886 2 6606-0302. Alternatively, you may visit any of our Branches and our Relationship Manager will be glad to assist you.

FAQs
What currencies does this account offer?

The 12 currencies offered are USD, HKD, GBP, AUD, CAD, SGD, CHF, JPY, NZD, EUR, CNY and CNH.

When will a currency 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 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 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 deactivate certain currencies?

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