DBS Indonesia Account Type

DBS Indonesia offers various account types tailored to meet the needs of different businesses and investors. The primary accounts include:

• Digital Business Account:
• Target Users: Start-ups with low minimum balances.
• Minimum Balance: IDR 500,000 or USD 50.
• Monthly Account Fee: Nil.
• Initial Deposit: IDR 500,000 or USD 50.
• Transactions: 100 free local transactions via SKN.
• Interest Rates: Up to 2.5% for balances ≥ IDR 2 billion.
• Features: Free online & mobile banking, unlimited free digital tokens for authentication.
• Multi-Currency Account:
• Target Users: Established businesses that transact in multiple currencies.
• Minimum Balance: IDR 10 million.
• Monthly Account Fee: Nil.
• Initial Deposit: IDR 10 million.
• Currencies Available: 12 currencies including IDR, USD, SGD, and more.
• Interest Rates: Up to 5% for balances ≥ IDR 5 billion.
• Features: Free transactions, competitive FX rates, and dedicated relationship manager.

DBS Broker Account Opening Process

To open a broker account with DBS Indonesia, follow these steps:

• Eligibility:
• Businesses must be locally registered or foreign-incorporated entities.
• Different requirements apply for private limited companies, sole proprietors, and partnerships.
• Preparation:
• Gather necessary documents, including your companys UEN and contact details of all associated account users.
• Online Application:
• Visit the DBS Indonesia website and fill out the application form.
• Save the form as a draft if you need to complete it later.
• Confirmation:
• After submitting your application, DBS will notify you via email with account access details upon successful verification.
• Dedicated Support:
• For specific business types and foreign entities, a dedicated relationship manager will assist you through the process to ensure all unique requirements are met.

For more detailed information, you can visit the official DBS Indonesia website.