For Foreigners

POSB eSavings – SP/EP

The account to get going with your finances in Singapore.

POSB eSavings – SP/EP

POSB eSavings SP/EP lets you credit your salary, set up GIRO or pay bills with it. Come bundled with a debit card, iBanking and eStatement for easy and convenient access.


  • Earns daily interest
  • POSB GO! Card that gives you access to more than 1,000 DBS/POSB ATM in Singapore and PLUS ATMs/MasterCard/Cirrus ATM worldwide
  • Cashless shopping via NETS and VISA and receive cashback whenever you sign for purchases in Singapore or make any local online, mail and phone transactions.
  • Bank on-the-go 24/7 access via iBanking and mBanking, plus many other self-service banking services such as Cash Deposit Machines, Quick Cheque Deposit box.
  • Monthly eStatement - The faster and easier way to view your transactions anytime, anywhere via iBanking.

Make an appointment

(Our online tool lets you choose your preferred date and branch location. Please bring along your passport and the relevant pass issued by the Immigration and Checkpoint Authority of Singapore.)

Eligibility and Requirements

  • For individuals aged 16 years old and above.
  • No initial deposit required.


  • S$2 fall-below fee if the average daily balance falls below S$1,000.
  • S$2 ATM withdrawal fee will apply if the customer makes more than 4 ATM cash withdrawals in the month
  • S$2 fee will apply for each cash withdrawal at any DBS/POSB branch for amount within your ATM cash withdrawal limit.
  • S$20 early account closure fee if the account is closed within 6 months.