International banking provider
DBS
Singapore bank
A Singapore bank account with multi-currency features, aimed at residents, relocators and regional clients. Listed for comparison.
At a glance
- Provider type
- Singapore bank with expat / multi-currency proposition
- Legal status
- Bank
- Global / regional reach
- Singapore-focused. Useful for residents, relocators and regional affluent clients.
- Currencies
- SGD plus 12 foreign currencies. That is 13 in total on My Account and Multiplier.
- Account model
- Bank account
- International payments
- Foreign-currency spending, remittance, a card, overseas transfer and digital banking.
- Minimum / eligibility
- My Account can have no initial deposit and no account fees. Premium segments vary.
- Protection
- Singapore-regulated bank. Foreign-currency deposits have distinct protection considerations.
Provider type
Singapore bank with expat / multi-currency proposition.
Account type: Bank account.
Is this a bank?
Some international finance providers are banks. Others are payment institutions or e-money institutions. That distinction can affect how customer money is held, protected and regulated.
Legal status: Bank.
Singapore-regulated bank. Foreign-currency deposits have distinct protection considerations.
Who it may suit
Local Singapore banking with multi-currency functionality for residents and people relocating there. That describes the published focus. It is not a view on whether this provider is suitable for you.
Where is the account available?
Singapore-focused. Useful for residents, relocators and regional affluent clients.
Availability: Singapore residents / relocators.
Your country of residence can affect account opening, products, currencies and the legal entity that serves you.
Account and product model
A Singapore bank account with multi-currency features, aimed at residents, relocators and regional clients.
Bank account. Bank.
Which currencies can you hold?
SGD plus 12 foreign currencies. That is 13 in total on My Account and Multiplier.
Where the reviewed material does not list every currency for your country, treat the list as market dependent and confirm it before you rely on it.
Sending and receiving money
Foreign-currency spending, remittance, a card, overseas transfer and digital banking.
Local account details: A Singapore account. Foreign-currency features sit alongside that local account.
Card access: A card is described.
FX and currency conversion
Multi-currency conversion is part of the account. The price should be checked on the published tariff.
What does it cost?
Account features and pricing are published. Premium segments have their own terms.
My Account can have no initial deposit and no account fees. Premium segments vary.
Check the provider’s current tariff before opening an account. A published minimum is not the full price of transfers, cards or FX.
How is your money protected?
Singapore-regulated bank. Foreign-currency deposits have distinct protection considerations.
Protection depends on the provider’s legal entity, where the account is booked and the applicable jurisdiction. Safeguarding and bank deposit protection are different legal frameworks.
What happens if you move country?
The proposition is Singapore-focused. A move away from Singapore can change what stays open.
An account may remain open, move to another entity, lose some services, or need to be replaced. Eligibility can change with residence. Confirm the outcome before you move.
Questions to ask
Can I open this account where I live?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Which legal entity would hold my account?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Is this a bank account or payment account?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Which deposit-protection or safeguarding regime applies?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Which currencies can I hold?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Can I receive salary or pension payments?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Are local account details available?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
What international transfer fees apply?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
How is FX priced?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Are there minimum balance requirements?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
What happens if I move country?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Can I keep the account if my tax residence changes?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Are there limits on international transfers?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Can I use the card abroad?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
What documents are needed to open the account?
Confirm the current answer with DBS. It depends on the legal entity, your residence and the product.
Sources and review
Information is based on publicly available provider information reviewed by WiT Access. Products, fees, currencies and country eligibility can change. Reviewed 6 October 2026.
WiT Access provides general information and comparison resources. Nothing on this page constitutes financial, tax or legal advice.
Request an introduction
This form asks WiT Access to pass an enquiry about DBS. It does not mean a formal introducer agreement is in place, and it is not a paid referral. It does not mean the provider can open an account where you live.