What are the charges of DBS Bank?

What are the charges of DBS Bank?

Fees and Charges

Description of Charges Treasures Account
Replacement of lost / stolen / damaged card Rs. 150 Free
FX Markup on Debit Card 3.50% 1.75%
International Cash Withdrawal Rs. 125 per Transaction Free
International Balance enquiry / Non-Financial per transaction Rs. 25 per Transaction Free

How do I open a DBS bank account in Hong Kong?

Apply for a DBS Account today by making an appointment. Please remember to bring these documents with you: Identity document. Residential address proof.

How do I open a corporate bank account in Hong Kong?

Documents Required to open a corporate bank account in Hong Kong

  1. An extract of the board resolution approving the opening of a corporate bank account.
  2. A certified true copy of the company’s Certificate of Incorporation, issued by the Companies Registry.

What is DBS monthly account fee?

My Account comes with zero service charge and no requirement on maintaining a minimum balance. There is a S$2 account fee per month for customers who are not enrolled to electronic statements and receiving paper statements.

What is the minimum balance for DBS Bank?

DBS Bank Minimum Balance Requirements With a Savings Account in DBS Bank, you can enjoy competitive rates of interest and facilities like debit cards, domestic and international fund transfers, etc. The DBS minimum balance required on a Regular Savings Account is only INR 5000.

Can I open a Hong Kong bank account from Singapore?

You won’t need to be a permanent resident to open an account, but you will need a Hong Kong ID card if you plan to stay for more than 180 days. You’ll find the application and requirement details here, and after applying, you can expect a 10-day wait for your card to arrive.

Can I open a bank account in Hong Kong from overseas?

Typically, the documents required to open a savings or current bank account as a foreigner include: your Hong Kong Identity Card or a valid passport; proof of address in Hong Kong or your home country (you do not have to be a Hong Kong resident to open a bank account in Hong Kong); completed application form.

How big is DBS in Hong Kong?

With 34 branches and over 4,000 employees, DBS Hong Kong provides a full range of services in consumer, SME and corporate banking solutions.

Why is it so hard to open a bank account in Hong Kong?

By and large, banks will demand that each organizational head come to Hong Kong or meet them face to face for the procedures involved in opening a bank account. It makes things even more difficult, especially with the outbreak of COVID-19.

Can I open a Hong Kong bank account from UK?

If your home bank has branches in both the UK and Hong Kong, you may be able to open your account remotely. Key examples include HSBC and Citibank, which have a presence in both countries.

How much deposit do I need to open a DBS account?

No initial deposit required. No monthly account fees. If this is your first account with DBS/POSB, open online now and there will be no minimum average daily balance required. Service charge of S$5 if average daily balance falls below S$3,000 (based on total SGD equivalent of SGD & foreign currency balances).

Is DBS bank zero balance account?

Zero Balances Savings account (Basic Savings Bank Deposit account) Free Debit Card. Free Passbook. No limit on the number of deposits that can be made in a month.

Can I keep DBS account after leaving Singapore?

Can I keep my bank account with DBS even though I am no longer a resident of Singapore? Yes, you can keep your bank account if you leave Singapore and no longer are a resident of Singapore.

Can a non resident open a Hong Kong bank account?

How can a non resident open a bank account in Hong Kong?

Typically, the documents required to open a savings or current bank account as a foreigner include:

  1. your Hong Kong Identity Card or a valid passport;
  2. proof of address in Hong Kong or your home country (you do not have to be a Hong Kong resident to open a bank account in Hong Kong);
  3. completed application form.