1 Account, 11 Currencies
The DBS Corporate Multi-Currency Account (MCA) is a single account with which you can manage up to 11 currencies. It is an efficient and cost-effective solution for you to maintain balances and perform transactions in different currencies.
Ease of account management – Only one account number to be maintained for managing up to 11 currencies.
Pioneering solution – DBS is the first foreign bank in China to offer MCA to manage transactions in different currencies.
Real time visibility – Automatic linkage of currency wallets in DBS IDEAL™ for transaction initiation and reporting.
The 11 currencies offered are AUD, CAD, CHF, CNY, EUR, GBP, HKD, JPY, SGD, NZD, USD.
Yes, you can view all the created currencies under a MCA in your monthly statement. It will contain balances and transaction details for all currencies activated for your reference.
Yes. Please ensure that you have access to DBS IDEAL for your Corporate Multi-Currency Account. All currencies activated will be added automatically for viewing and/or transacting in DBS IDEAL.
No, once added to the Multi-Currency Account, a wallet cannot be closed unless the entire Multi-Currency Account is closed.
They will be independently calculated for each currency wallet under a Multi-Currency Account based on our prevailing interest rates applicable to each relevant currency.
Star of Innovation in Payments – Global Banking Stars of China Awards
Best Bank for Cash Management, China
Best Service Provider – E-solutions Partner in China
Best Transaction Bank in Asia
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