entrepreneurs-account

Entrepreneur's Account

Enjoy preferential rates and services with our banking package for entrepreneurs

Entrepreneur's Account

Enjoy preferential rates and services with our banking package for entrepreneurs

    Why DBS Entrepreneur’s Account?
    rate

    Preferential Interest Rates: Enjoy up to 0.445% / 0.6% interest rates for TWD / USD CASA deposit.

    service

    Favored Transaction Services: Benefit from competitive remittance charges and value added bank services.

    State-of-the-art platform: Better manage your working capital with IDEAL to make banking faster, simpler, and smarter.

    Features & Benefits

    Set your business on a path for success with the DBS Entrepreneur's Account 
    This customised package is designed specifically for entrepreneurs to provide affordable and convenient banking services that help you grow. 

    Enjoy preferential tier rates for your Entrepreneur's Account 
    We also offer tiered deposit rates for TWD and USD savings accounts

    Eligibility and Fees

    Interest Rates

    TWD CASA deposit <Effective Date: 2023/04/07>

    NTD savings accounts are paid at the tiered interest rate applicable to the daily end-of-day NTD account balance. The minimum balance you can earn interest on is NTD$ 10,000. The interest rate is as follows:

    Savings Account Amount

      Annual interest rate

    Below NT$1M

    0.405%

    NT$1M and above (included)~Below NT$5M

    0.410%

    NT$5M and above (included)~Below NT$10M

    0.48%

    NT$10M and above (included)      

    0.50%

     

    USD CASA deposit <Effective Date: 2024/09/20>

    USD savings accounts are paid at the tiered interest rate applicable to the daily end-of-day USD account balance. The minimum balance you can earn interest on is USD$ 100. The interest rate is as follows:

    Savings Account Amount

    Annual interest rate

    Below US$100K

    0.01%

    US$100K and above (included)~Below US$500K

    0.05%

    US$500K and above (included)~Below US$1.5M0.25%

    US$1.5M and above (included)~Below US$2.5M

    0.50%

    US$2.5M and above (included)    1.00%

     

    Transaction fees
     

    Entrepreneur's Account offers you competitive remittance charges, including

    TWD remittance <Effective Date: 2021/4/1>

    Channel

    Bank Charge

    FISC Fee

    IDEAL

    NT$5 per transaction

    If Amount <= TWD$ 2,000,000, TWD$ 10 per transaction;  

    If Amount > TWD$ 2,000,000, add additional TWD$ 5 for every additional TWD$ 1,000,000

    FAX

    If Amount <= TWD$ 2,000,000, TWD$ 20 per transaction;  

    If Amount > TWD$ 2,000,000, add additional TWD$ 5 for every additional TWD$ 1,000,000

    OTC

    If Amount <= TWD$ 2,000,000, TWD$ 20 per transaction;  

    If Amount > TWD$ 2,000,000, add additional TWD$ 5 for every additional TWD$ 1,000,000

     

    - Foreign currency remittance <Effective Date: 2021/4/1>

    Channel

     Inward Remittance Fee

     Outward Remittance Fee

    IDEAL

    Free

    US$5 or NT$ 150 per transaction. For full pay remittance, it requires additional cable fee US$10 or NT$300 per transaction

    FAX

    Refer to the Bank’s standard tariff

    OTC

    Refer to the Bank’s standard tariff

    How To Apply

    Please call us at +886 2 6606-0302. Alternatively, you may visit any of our Branches and our Relationship Manager will be glad to assist you.

    FAQs
    Are there any set up fees charged for opening an account with DBS?

     No, there are no set-up fees.
    Who can open an Entrepreneur’s Account?

    This account is available to both new and existing DBS clients whose companies are registered in Taiwan (DBU) or outside Taiwan (OBU). Your company’s annual turnover must not exceed TWD 5 billion.