social enterprise package

Social Enterprise Package

Solutions to help you focus on your cause, not the cost

Social Enterprise Package

Solutions to help you focus on your cause, not the cost

At a Glance
DBS champions social entrepreneurship alongside our Corporate Social Responsibility (CSR) programme.
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Preferential transaction rates and no account fees

Get preferential transaction rates via DBS IDEAL. There is also no initial deposit or minimum monthly balance.

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Multi-currency account

Transact in TWD and up to 12 foreign currencies.

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Corporate Social Responsibility (CSR)

We are one of the leading banks in Taiwan to offer a banking solution tailored for social enterprises.

Social Enterprise Package Features
Package details Features
Account Maintenance Fee Waived
Domestic-High value Payment (IBRS) Waived
Outward Telegraphic Transfers

Non-full pay: USD10

Full-pay: USD20

Priority Pay: Waived

Inward Telegraphic Transfers Waived
DBS Business Loans

Enjoy up to 50% off interest rates
Waiver of loan processing fee

 

TWD Savings Account Preferential Rates

 

Daily balance of TWD deposit Interest rate
Below TWD 10,000 No interest
Above TWD 10,000 - Below TWD 3m 0.05%
Above TWD 3m - Below TWD 5m 0.15%
Above TWD 5m - Below TWD 100m  0.25%
Above TWD 100m 0.01%

 

USD Savings Account Preferential Rates

 

Daily balance of USD deposit Interest rate
Below USD 100 No interest
Above USD 100 - Below USD 100k 0.01%
Above USD 100k - Below USD 5m 0.03%
Above USD 5m 0.06%

 

*Interest calculation: interest is calculated daily and paid on the last day of the month. The full balance is recognised and applicable to both existing and new deposits.

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 is a social enterprise?

A social enterprise is a business with a social purpose that has, or is striving towards, a commercially sustainable business model and delivers social impact to the chosen social cause.

This business must have a clearly defined social mission with social benefits as the primary aim of its establishment. Whether or not it is for profit, a social enterprise typically undertakes commercial activities to generate revenues and earn profits so that there would be lasting social impact.

What benefits do I get to enjoy?

You will enjoy the following benefits:

  • Preferential TWD and USD tiered deposit rates
  • Fee waiver for TWD local remittance, commission waiver for foreign currency inward and outward remittances
  • Fee waiver for Cheque collection services
  • Free Virtual Account service
  • Free IDEAL subscription fees and monthly maintenance fees
  • Free on-site training and technology support
  • First five tokens are free of charges
Are there any subscription fees for opening an account with DBS?

No, there are no subscription fees.