Choose an account from the table below, and click Apply now to apply for a personal/joint-alternate account. In 1984, the current account facility was introduced, and by 1986, deposits crossed the S$10 billion mark. Clients looking for a checking account can apply for the POSB Current Account. Click here to find out! (Retrieve your details via MyInfo using your SingPass ID and Password for hassle free form filling.Documents Required for Account Opening Get up and going in Singapore in one go. Original and copy of original ID or Passport or Driver’s License; Current Proof of residence (Latest utility bills, letter from employer etc.) Benefits . Download Document. Save a fixed amount of money in Singapore Dollars and Foreign Currencies at a fixed interest rate. Multiple accounts are not permitted. For POSB Accounts. POSB Current/eCurrent Account; S$1,500 (Maintained in linked POSB Savings Account) S$2.00 per month. POSB SAYE (Save As You Earn) is a special savings account that allows you to earn additional interest on your monthly savings. For Young Adults. Month End Balance. This account is linked to the savings account and comes with: phone and online banking; online monthly statements; one free checkbook; and no min. Thereafter, it is S$10 per additional cheque book (50 leaves), Enjoy waiver on fall-below fee if this is your first account with us and it is opened via online. 1 file(s) 67.25 KB. Online application. For all their firsts. Note: Effective 16 June 2019, POSB Savings - SPEP Account and POSB Savings - AF have been renamed as POSB Everyday Savings Account. eMySavings Account. Both new and current customers of POSB/DBS are able to do the application online. Earn higher interest rates of 0.90% - 1.50% p.a. So, keep a minimum balance of $500 in your POSB savings account after the account is … deposit. Your current account debit card. All the banking you need for life in a single account. Learn more. Believe more. Celebrate every first with POSB Smiley CDA. Play & Learn this school holiday with over 1,000+ activities to keep your child. If you have forgotten your User ID, please contact Customer Services for assistance on + 353 1 705 8000. Convenient ways for you to perform simple banking transactions anywhere, anytime. POSB SAYE Account. The only account you need to get going in life. POSB Bank provides you with a wide range of deposit products with reasonable rates. POSB Current Account. 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. I've just closed my account recently, here's what you can do: Log in to DBS ibanking on your desktop. This account has a small monthly fee, as well as an fee if the amount falls below the min balance. (Applicants below 18 years old must have a valid iBanking login or ATM/Debit Card to apply online) Do you have enough protection for times like these? Useful Links. With POSB you are never too young to start saving. CIMB StarSaver Account. Current Account- Current Account facilitates day-to-day financial management through a monthly statement of account, auto-mailing of new cheque books and other great features. Original Identity Document such as National ID, Passport or Driver’s License and a clear photocopy of the same. Acquisition by DBS Bank. Download Document. Overdraft Application Requirements. Important notice: In line with prevailing industry practice, effective 1 January 2021, a service fee will apply for each post-dated DBS/POSB SGD returned cheque. Current Proof of residence (Latest utility bills, letter from employer etc.) Banking Help & Support. This account is linked to the savings account and comes with: phone and online banking; online monthly statements; one free checkbook; and no min. DBS Treasures. Gone are the days where you need to visit a branch to open a new savings account. Easy Save Account Opening … Overdraft Application Requirements. Initial deposit. S$2 S$0 S$2 Benefit from automatic top-up feature and free chequebooks with this checking account. The POSB bank also offers special debit cards to servicemen with more benefits. Terms & Conditions Governing Electronic Services, No minimum balance is required as the money is automatically topped-up from your linked POSB Savings Account to clear cheques - simply ensure that there's sufficient balance in your linked POSB Savings Account, New chequebook is automatically sent when you are down to your last few cheques, Easy-to-read monthly hardcopy statements with POSB Current Account. This account allows you to enjoy interest rates up to 0.7% p.a. Best Fixed Deposit Rates in Singapore 2020 ; Best Singapore Bank Savings Interest Rate 2020; Best Cashback Credit Card Singapore 2020; Best Credit Card for Groceries in Singapore 2020; Best Balance Transfer Singapore 2020; Calculators. Make every day easier with PayLah! Most of the accounts don’t require any minimum amount to open but you need to take note that some accounts do charge a fall-below fee.. You can access up to €200 in emergency cash if your card is lost, stolen or damaged. Authenticate with your digital token. Don’t be tied down. Clients looking for a checking account can apply for the POSB Current Account. Go cashless to minimise contact risk. I've just closed my account recently, here's what you can do: Log in to DBS ibanking on your desktop.. POSB Current Account. Find out more . You must be at least 16 years old to open this account, and already have a DBS/POSB Savings/Current Account. More on emergency cash . With no minimum amount required, DBS Multiplier leaves no bunny behind. Web Design by Shirishanu. How to reclaim your balance: Any customers (or their representatives) who wish to reclaim their balance can do so in the following way. It’s not just an account you can use for saving, spending and investing, it’s also the first truly customisable bank account you can tailor for your financial needs. Learn more. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Enjoy higher interest when you credit your salary and have successful monthly saving with us. DBS Expat Programme. This account allows you to issue cheques conveniently while earning interest on your linked POSB Savings Account. The service is available daily from 7:00am to 10:00pm, and from 7:00am to 8:00pm on the last working day of the month. Apply Online Now. Pay with your current account card when buying from any of our MoneyBack partners, like Lidl or Elverys, and you'll get money back into your account. Deposit Insurance SchemeSingapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Hi! Current proof of residence. Account Opening Requirements. View details. A monthly S$2 fall-below fee apply on your linked POSB Savings Account, if your average daily balance for the month falls below S$1,500, The first cheque book is free. POSB Newton Branch. deposit. “ How much to open a POSB savings account ” is a popular question you might have. Learn more . Low income adults will find no better savings account than POSB Everyday Account. Original Identity Document such as National ID, Passport or Driver’s License and a clear photocopy of the same. You must be at least 18 years old to open this account. POSB Smart Buddy. Find the right activity for your child. New DBS and POSB credit card users receive S$150 cashback with POSB Everyday Card application online using Promo Code “150CASH”, and S$800 minimum spend in the first 30 days. “How much to open a POSB savings account” is a popular question you might have. Important notice: In line with prevailing industry practice, effective 1 January 2021, a service fee will apply for each post-dated DBS/POSB SGD returned cheque.Click here to find out more. Click here to find out more. Eligibility & Fees Eligibility. 3. Apply for your migrant worker’s POSB payroll Account. Enjoy higher interest when you credit your salary and have successful monthly saving with us. 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