No minimum balance requirement.
Unlimited withdrawals allowed in a month across all channels, including ATM withdrawals.
Basic banking services and cheque books will be made available.
No limit on the number of deposits that can be made in a month.
Cons
Funding the account requires you to visit the branch. There is no provision for online, cashless deposits.
Access to a stable internet connection is a prerequisite for internet banking. Without it, you cannot use any internet banking functions.
Not securing your account with strong passwords can leave it susceptible and vulnerable to internet fraud.
DBS Bank Response
2y
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