Escrow Account

Safeguard your assets and reduce the risk of fraud

Reduce the potential risk of fraud during a transaction with an Escrow Account. We offer a robust suite of products and services that safeguard your assets. DBS acts as a trusted third party that collects, holds and disburses funds according to the instructions and requirements of both the buyer and the seller. Our Escrow Account service applies to RMB or foreign currency settlement accounts, and can be tailored to suit your needs.


Why choose DBS Escrow 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
  • Leverage the experience and knowledge of our professionals, who understand Asia and can help deliver the best possible solution for you, regardless of transaction size
  • Your escrowed funds will only be released following instructions from all parties
  • Open an Escrow Account in most major currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, RMB, SGD and USD.
  • Ensure your needs are met with our tailored solutions


How do I know if I am eligible for a DBS Escrow Account?

If you currently have an RMB Business Account or Foreign Currency offshore account under one of the parties’ names, you would be eligible to conduct an escrow business. Escrowed funds will be released under joint authorised instructions.

How long does it take to open an Escrow Account?

Subject to the Bank’s agreement review and checks on all entities related to the escrow, if you already have a Business Account with DBS China, the Escrow Account usually takes one day to be opened.

What if my transaction requires payment in a currency for which DBS does not offer a business account?

We offer Escrow Accounts in 11 major currencies, namely AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, RMB, SGD and USD. We can also arrange for a foreign exchange trade to pay in your desired currency outside of this list.

How are interest rates calculated for Escrow funding?

We follow the relevant regulation as set out by the People’s Bank of China (PBOC).
Please contact us at 400 820 8988 for more information on interest rates.


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.



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.

DBS Business Account
DBS Business Account

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Best SME Bank of the Year, China 2015

Best SME Bank of the Year, China 2015

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