social-enterprise-package

Social Enterprise Package

Benefit from tailor-made solutions designed to help social enterprises succeed

Social Enterprise Package

Benefit from tailor-made solutions designed to help social enterprises succeed

At a Glance
Partner a bank that is committed to supporting your vision of social mission with our comprehensive package which provides real benefits and services to help you expand your scale, achieve sustainable development, and to focus on making positive social impact.
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Free corporate account opening and maintenance services
Specifically designed to address the needs of social enterprises

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Free corporate internet banking services

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Preferential corporate transaction banking service

Features & Benefits
Package details Features
Corporate Account Set up Fee Waived
Corporate Account Annual Administration Fee Waived
Monthly Service Fee Waived
Initial Deposit Waived
Min. Balance Waived
Annual Account Service Fee Waived
Fall-Below Fee Waived
Domestic RMB Payment (CNAPS) Flat rate of ¥1.00 per transaction (IDEAL)
Outward Telegraphic Transfers Flat rate of USD20 per transaction (IDEAL)
Inward Telegraphic Transfers Waived
How to Apply
By clicking on the "Apply Now" button, you agree to the Account Terms & Conditions.

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.

Social Enterprises must be endorsed and verified by the DBS Foundation. Proof of endorsement must be provided prior to application of the Social Enterprise Package.

FAQs
What is a social enterprise?

A social enterprise is a business with a social purpose that has – or is striving towards – a commercially sustainable business model and delivers social impact to the chosen social cause.
This business must have a clearly defined social mission with social benefits as the primary objective of its establishment. For example, the business provides products or services to promote environmental protections, to create job opportunities to disadvantaged populations, or to plough bank benefits to disadvantaged populations. A social enterprise typically undertakes commercial activities (for profit) to generate revenues and earn profits so that there would be lasting social impact.

Are there any subscription fees for opening an account with DBS?

No, there are no subscription fees.