POSB

POSB Bank Account

POSB Bank Account, There are various channels which you may open a new account with us. The most convenient method would be via digibank Online or digibank Mobile.

New to Bank Customers

  • Online application
    • Choose an account from the table below and click Apply now.
    • If this is your first account with us, select I have none of the above and fill up your account application details.
      (Retrieve your details via MyInfo using your SingPass ID and Password for hassle free form filling.)
    • Documents Required for Account Opening Accounts
      (Click for more info) Description Application DBS Multi-Currency Autosave Account An all-in-one account to save and transact in SGD and foreign currencies. Applicable for Singaporeans and PRs. Apply Now
    • DBS Multiplier Account Earn up to 3.5% p.a. on your savings. No minimum salary credit. No minimum credit card spend. Plus, save and transact in SGD and foreign currencies in one account. Apply Now
    • eMySavings Account A special savings account that allows you to save monthly in a hassle-free way. Apply Now
    • POSB Everyday Savings Account A savings account designed for your everyday banking needs and comes with eStatements. Apply Now
    • POSB Current Account The POSB Current Account gives you the convenience of issuing cheques, while earning interest on your linked savings account, all at the same time. Apply Now
    • POSB SAYE Account Enjoy extra 2% p.a. interest when you credit your salary and have successful monthly saving with us. Apply Now
    • POSB Payroll Account A specially designed account for Work Permit worker to receive salary payment. Apply Now
  • Branch application
    • Locate a Branch by using our Locator.
    • Documents Required for Account Opening

Existing Customers

  • Online application
    • Choose an account from the table below and click Apply now.
    • Documents Required for Account Opening Accounts
      (Click for more info) Description Application DBS Multi-Currency Autosave Account An all-in-one account to save and transact in SGD and foreign currencies. Applicable for Singaporeans and PRs. Apply Now
    • DBS Multiplier Account Earn up to 3.5% p.a. on your savings. No minimum salary credit. No minimum credit card spend. Plus, save and transact in SGD and foreign currencies in one account. Apply Now
    • eMySavings Account A special savings account that allows you to save monthly in a hassle-free way. Apply Now
    • POSB eEveryday Savings Account A savings account designed for your everyday banking needs and comes with eStatements. Apply Now
    • POSB Current Account The POSB Current Account gives you the convenience of issuing cheques, while earning interest on your linked savings account, all at the same time. Apply Now
    • ePOSBkids Account
      Your child’s first savings account, earn daily interest and enjoy waiver of coin deposit fee* until your child turns 16 years old.

      *Waiver is limited to first 1000 pieces per calendar month at the coin deposit machine. Apply Now
    • POSB SAYE Account Enjoy extra 2% p.a. interest when you credit your salary and have successful monthly saving with us. Apply Now
    • Singapore Dollar Fixed Deposit Save a fixed amount for a fixed tenor at competitive interest rates with the Singapore Dollar Fixed Deposit. Apply Now
    • Foreign Currency Fixed Deposit Enjoy potentially better returns and the opportunity to grow your funds with Foreign Currency Fixed Deposit. Apply Now
    • Supplementary Retirement Scheme Supplementary Retirement Scheme (SRS) lets you save for your retirement and enjoys tax benefits. Apply Now
      Note:
    • Accounts will be opened instantly for applications submitted via digibank Online or digibank Mobile between Monday to Sundays (including Public Holidays), 0700 hr to 2230 hr.
      Submission cut off timing for last day of the month (including Public Holidays) is 0700 hr to 2000hr.
    • For applications submitted beyond the period stated via digibank Online or digibank Mobile will take 2 working days to complete.
    • Once your account is opened, you will receive a notification in the “Notifications” service on digibank Online. The account number will be stated in the notification.