DBS Savings Account Requirements, DBS Account Opening Online - 28 April

The requirements for DBS Savings accounts will be the focus of today's guide. I implore you to read this article because it will inform you about the requirements for opening a savings account with the Development Bank of Singapore Limited.

It is critical to open a savings account. You cannot, however, ignore its requirements and open one.

This paints a picture of how important savings account requirements are because they are the fundamental requirements for having one.

You can open a savings account at Development Bank of Singapore Limited once you meet the eligibility and requirements.

This means that before opening a savings account at any of the DBS branches, you should first learn about the DBS savings account requirements.

https://www.dbs.com/digibank/in/banking/account/savings-account

DBS SAVINGS ACCOUNT REQUIREMENTS

Kindly refer below to the requirements for a DBS savings account:

An original copy of a National Registration Identification Card (NRIC) as proof of identity
Proof of Residential Address with any of the following documents; a current utility bill or mobile network service provider bill
Provide a salary certificate or salary transfer letter as proof of income
Fill out the account opening form with the appropriate information.

Applicants must note that, as it stands now, there is no minimum initial deposit for a DBS/POSB.

DEVELOPMENT BANK OF SINGAPORE LIMITED SAVINGS ACCOUNT REQUIREMENTS FOR NON RESIDENTS

The following outlines the DBS savings account requirements for non-residents:

Proof of identity: The applicant can submit a valid passport. For Malaysians, the front and back of their identification card.
Proof of Residential Address; Any of these documents can be used; work permit, employment letter, or utility bill. Kindly note that the document should not be more than three months old.
Submit either your Employment Pass or In Principal Approval (IPA) signed by the Ministry of Manpower as proof of employment
Complete the application form

FOR FOREIGNER STUDENTS

Provide an identification document such as a passport, or student ID
Document to show proof of study in Singapore like; a matriculation card, school card, or acceptance letter
Fill out the account application form.
Residential address

CAN YOU OPEN SAVINGS ACCOUNT ONLINE

Yes, you can open a DBS savings account online. The bank has integrated all its savings accounts on its online platform to allow easy access to these accounts.

The requirements are the same for the online account application, just that it must be submitted in a soft copy format.

Kindly note that the requirement submission must be sent within three (3) days via the DBS official email at accountopening@dbs.com.

For more information on DBS Savings account requirements, Kindly visit https://www.dbs.com.sg/personal/support/bank-account-opening-documents-required.html or call 18001111111

This is all that we have for you now.

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DBS Savings Account Requirements, DBS Account Opening Online - 28 April