Accounts

Fixed Deposit Account

Place your funds with the bank with "Asia’s safest bank" awarded and enjoy higher returns

Enjoy enhanced yields, higher returns and improved liquidity with a DBS Fixed Deposit Account. Open an account and earn higher interest rates by placing your funds with us for a set period of time.

 

Why choose DBS Fixed Deposit Account?

  • Ensure your funds are safe with an "AA-" and "Aa1"rated bank. DBS has been named the Safest Bank in Asia by Global Finance for five consecutive years, from 2009 to 2013
  • Increase your returns with competitive interest rates that are higher than a typical Business Account
  • Choose from a flexible range of tenures
  • Improve your liquidity via a wide range of global and Asian currencies: AUD, CAD, CHF, CNY, EUR, GBP, HKD, JPY, NZD, SGD and USD
  • Take advantage of our convenient cut-off times to make placements and withdrawals. You can also make early withdrawals if required

 

Product Features

Here are the available tenures for our account types for Fixed Deposits:

AccountMinimum deposit amountTenureCurrencies
Fixed Deposit (CNY)CNY 10,000Three and six monthsCNY
One, two, three and five years
Fixed Deposit (FX)No minimum requirementOne, three and six months

AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD and USD.

One year

Call Deposit (CNY)

CNY 500,000

One and Seven days

CNY

Call Deposit (FX)

No minimum requirementSeven days

AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD and USD.

Corporate Plus Deposit (CNY)CNY 500,000No fixed tenureCNY

FAQs

Can I withdraw my Fixed Deposit before its maturity date and will there be any penalty?

Yes, you may make early withdrawals. There will be no penalty fee incurred; however, early withdrawals may result in you receiving a significantly reduced rate of interest than originally agreed. As such, you should consider making an early withdrawal carefully.

Please call us at 4008208988 should you need more information.

Can I place a Fixed Deposit without opening a Fixed Deposit Account?

You will need to open a Fixed Deposit Account to place a Fixed Deposit.

What is the latest cut-off time to place a Fixed Deposit with DBS?

Our daily cut-off time is 4 pm.

Do I need to submit a new set of account opening documents to open a Fixed Deposit Account if I already have a DBS Business Account?

Yes, however you will not have to complete the full set of documents. Please call us at 4008208988 and we will arrange for a relationship manager to assist you with your application.

Are there any set up fees for opening an account with DBS?

No, there are no set-up fees.

Awards

Awards we have won recently
Best Cash Management Solution, China

Best Cash Management Solution, China

2015
Best Bank for Treasury and Cash Management (Foreign)

Best Bank for Treasury and Cash Management (Foreign)

2015
Best SME Financing/Cash (Highly Commended)

Best SME Financing/Cash (Highly Commended)

2015
Best Card Solution – Chongqing Grain Group Co

Best Card Solution – Chongqing Grain Group Co

2015
View All

 

How do I apply?

Simply call us at 400 820 8988 (or +86 400 820 8988 if you're overseas) or visit any of our Branches. You may also email us and our Relationship Manager will contact you as soon as possible.

 

Disclaimer: 

The information provided in this website is for general information only and nothing contained in this website constitutes an invitation, offer or solicitation with respect to the entry into transactions mentioned in this website or subscription, purchase or sale of any products, services, securities or other financial instruments mentioned in this website or the taking of any position or the adoption of trading strategy in respect of any asset class (eg. currency, interest rate, commodity, equity etc). The information provided in this website is not provided with regard to the specific investment objectives, financial situation and the particular needs of any particular person who accesses this website.

 

The information provided on this website is subject to change without notice, its accuracy is not guaranteed, and it may be incomplete or condensed. Accordingly, no representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information in this website. We are not acting as your advisor or agent when providing the information in this website. The information in this website does not purport to identify the risks (direct or indirect) or other material considerations which may be associated with you entering into a particular transaction, subscribing for a particular service or purchasing or selling a particular security or financial instrument. Prior to entering into any proposed transaction or entering into any subscription, purchase or sale of any security or financial instrument, you should determine (after consultation with your own advisors if you deem fit), without reliance upon us or our affiliates, the economic risks and merits, as well as the legal, tax, accounting or other material characterisations and consequences of the transaction, subscription, purchase or sale, as the case may be, and that you are able to assume these risks.

 

We, and/or our affiliates, may hold, or trade, or act as market-maker, in any securities or other financial instruments mentioned in this website or related derivatives or may take positions or use trading strategies in respect of any asset class similar to or which differ from or be contrary to those mentioned in this website.  We, and/or our affiliates conduct many businesses and activities that may relate to issuers of third party securities mentioned in this website and may provide broking, banking and other financial services to such issuers.

 

Anyone receiving or accessing this website must make their own assessment of the materials herein and conduct such investigations and seek such professional advice as they think fit for such purpose.  The information provided on this site should not be regarded by recipients as a substitute for the exercise of their own judgment.

 

© DBS BANK LTD, 2013.  All rights reserved.  Any unauthorized use, duplication or disclosure is prohibited by law and will result in prosecution.

Get in touch

DBS BusinessCare: 400 821 8881

Get in touch

DBS BusinessCare: 400 821 8881