Deposit Account Minimum Balance Service Charge

Your deposit account will incur this service charge when your balance falls below the minimum average daily balance.

To avoid incurring the Service Charge, ensure that your account meets the Minimum Average Daily Balance.
Average Daily Balance is the total amount of daily balances in your account divided by the number of days in the month.

Example
- Your account has a day-end balance of $200 daily from 1 to 10 July, so total amount of daily balances for 10 days is:
  $200 x 10 Days = $2,000.
- Your account has a day-end balance of $300 daily from 11 to 20 July, so total amount of daily balances for 10 days is:
  $300 x 10 Days = $3,000.
- Your account has a day-end balance of $1,000 daily from 21 to 31 July, so total amount of daily balances for 11 days is:
  $1,000 x 11 Days = $11,000
- Total amount of daily balances for 31 days in July is:
  $2,000 + $3,000 + $11,000 = $16,000
- Average Daily Balance is therefore: $16,000 divide by 31 (number of days in the month) = $516.13

Account Type	Minimum Average Daily Balance (MADB)	Service Charge
DBS My Account	S$0	S$2.00 per month (for customers on hardcopy statement)
DBS Savings Account (Opened before 12 September 2011)	S$500	S$2.00 per month
DBS Savings Account (Opened from 12 September 2011)	S$1,000	S$2.00 per month
DBS Multiplier Account*	S$3,000	S$5.00 per month
DBS eMulti-Currency Autosave Account* DBS Multi-Currency/eMulti-Currency Autosave Plus Account* DBS eAutosave Account DBS eAutosave Plus Account DBS Current Account	S$3,000	S$7.50 per month
DBS Expatriate eMulti-Currency Autosave Account* DBS Expatriate eMulti-Currency Autosave Plus Account* DBS Expatriate Autosave Account DBS Expatriate eAutosave Plus Account	S$5,000	S$7.50 per month

*Total SGD$ equivalent Minimum Average Daily Balance (MADB) across all currency wallets.

Account Type	Minimum Average Daily Balance (MADB)	Service Charge
POSB eSavings Account POSB Everyday/eEveryday Savings Account POSB Passbook Savings Account	S$500	S$2.00 per month
POSB Current/eCurrent Account	S$1,500 (Maintained in linked POSB Savings Account)	S$2.00 per month

Effective 16 June 2019, POSB Savings - SPEP Account and POSB Savings - AF have been renamed as POSB Everyday Savings Account.

DBS Treasures	Month End Balance	Service Charge
DBS Treasures Membership* *Assets included for AUM computation to count towards month-end balance includes: Treasures client’s Deposits Investments and Insurance (Single Premium Only) based on Treasures membership Assets held under Wealth Management Account (WMA) where applicable Supplementary Retirement Scheme (SRS)	S$200,000 in Deposits &/or Investments	S$50 per month charged quarterly

The service fee is calculated on a monthly basis, debited every quarter of the year.
The debiting months are January, April, July and October.

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