Certificate of Deposit (CD)

Deposit with standard tenors, minimum deposit amount and based on market pricing model

Certificate of Deposit (CD)

Deposit with standard tenors, minimum deposit amount and based on market pricing model

At a Glance

Corporate Large-denomination Certificate of Deposit (CD), refers to RMB-denominated book-entry large-denomination deposit vouchers issued by banks to corporates. 



  • Considered as general deposits and included under the coverage of deposit insurance 

  • DBS' "AA-" and "Aa1" credit ratings are among the highest in the world 


Attractive yield

  • Interest rates are competitive compared to time deposits of the same tenors 


  • Multiple tenors available (ranging from one month to five years) to diversify your assets 

  • You can withdraw all or part of the deposit over multiple occasions before its maturity (except where there are special provisions agreed per the term sheet). 

How to Apply

Apply Now   By clicking on the "Apply Now" button, you agree to the Terms and Conditions for Corporate Client Large-Denomination Certificate of Deposit

Call us on 400 821 8881 or visit any of our Branches for more details. You may also email us and arrange our Relationship Manager to call you. 

Who are eligible for Corporate Large-Denomination Certificate of Deposit?

Non-financial institutional investors including non-financial enterprises, institutional organizations, insurance companies, social security fund and other units recognized by PBOC are eligible to apply. 

What is the minimum deposit amount of CD?

CD adopts a minimum deposit amount of RMB 10 million, while the interest rate is based on market pricing.  

Does the CD automatically rollover at maturity?

No. According to regulations of PBOC, there is no automatic rollover or renewal. 

How would I know if my application for CD is successful?

Upon successful application, you will receive a CD open advice known as the “Confirmation on Subscription of Large-Denomination Certificate of Deposit”. Your CD will commence based on the “value date” indicated in this advice. 

What is the latest cut-off time to apply for a CD with DBS?

Our cut-off time is 4 pm on business days. 

Do I need to submit a new set of account opening documents to apply for CD if I already have a DBS corporate account?

No. You will only need to submit the application form “Subscription Application for Corporate Client Large-Denomination Certificate of Deposit”. Should you have further queries, please call us on 400 821 8881 and we will arrange for a relationship manager to assist you with your application.